Ripple CEO argues that there will not be one single crypto “rule them all,” stating that each one should prove its own use case. Bitcoin (BTC), and XRP, the third biggest coin by market cap, are not competitors, Ripple CEO Brad Garlinghouse claimed in a Fortune interview on June 20. In the interview, Garlinghouse outlined […]
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CNBC host Joe Kernen has been praised by bitcoin advocates for claiming that libra isn’t a cryptocurrency because of how it is pegged to fiat currencies. CNBC’s Joe Kernen claims he is being treated “like a god” on Twitter following a June 19 interview on Squawk Box where he questioned whether Facebook’s libra is a cryptocurrency. In the […]
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The G7 taskforce will examine how central banks can ensure cryptocurrencies comply with anti-money laundering laws and consumer protection rules. A G7 taskforce is being created to examine how central banks can regulate cryptocurrencies such as Facebook’s libra, Reuters reported on June 21. Francois Villeroy de Galhau, the governor of France’s central bank, said: “We want to combine being open […]
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Bitcoin is exciting investors after BTC price is up almost 30% in a month and now just $200 of a key psychological barrier. Bitcoin (BTC) set a new 2019 high on June 21, hitting $9,800 and firmly beating daily returns of almost all major cryptocurrencies. Market visualization courtesy of Coin360 Data from Coin360 put BTC/USD […]
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Facebook’s newly announced cryptocurrency could shake up the industry and bring mainstream recognition to blockchain. Facebook has been in the news quite often over the past few years — and usually for all the wrong reasons. The social media giant has been lambasted over its privacy practices, its seemingly anti-consumer stance and even an apparent […]
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The recently reported Firefox’s zero-day flaw was used by hackers to attack Coinbase employees on June 17. The recent Firefox’s zero-day security flaw was used in attacks against major crypto exchange and wallet service Coinbase, according to a tweet from Coinbase security researcher Philip Martin posted on June 20. As Martin found, the reported critical […]
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Summary of the first reactions on Facebook’s Libra. Facebook has released its much anticipated white paper for the cryptocurrency Libra. The initial reviews of the highly secretive mega-project are mixed, to say the least. Before taking a look at responses across the cryptosphere, let’s have a quick recap of the Facebook proposal. The Libra coin […]
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The analyst who claimed that TradingView had a bug in its Fibonacci retracement tool has now admitted that it “works perfectly fine.” The CTO of TradingView, a popular chart analysis service, has told Cointelegraph in an email on June 18 that the previous reports of a bug in their Fibonacci retracement technical analysis tool were […]
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Cryptocurrencies will not receive wide acceptance in Australia as long as the local financial system is efficiently working, RBA said. Cryptocurrencies will not receive wide use in Australia as long as the local financial system is efficiently working, the Reserve Bank of Australia (RBA) stated in an official document issued on June 20. According to […]
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Facebook has reportedly not applied for approval to operate its cryptocurrency in India with the RBI Facebook’s newly announced cryptocurrency, libra, may not be available in India due to the current ban of blockchain-based currency transactions, as stated in a report by local publication The Economic Times on June 20. Citing people familiar with the […]
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