Economist and academic John Vaz believes that Facebook’s Libra stablecoin is still shaping up to be Bitcoin’s strongest competition. Economist and academic John Vaz believes Bitcoin (BTC) still faces stiff competition from Facebook’s troubled Libra project. Vaz told Cointelegraph that Bitcoin has scaling challenges in terms of payments and was used disproportionately as a vehicle for […]
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Private U.S. VC firm, Andreessen Horowitz intends to form another crypto asset fund, shooting for $450 million in capital. Private venture capital firm Andreessen Horowitz may have plans for another crypto asset fund. Established by Marc Andreessen and Ben Horowitz over 10 years ago, the firm looks to start its second crypto investment fund, hoping to […]
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The world’s largest development bank, the World Bank Group, has issued a new report on payment aspects of financial inclusion in the fintech era. Financial institutions all over the world are increasingly experimenting with emerging technologies like blockchain to streamline payment systems and achieve financial inclusion. In a new study, the World Bank has once […]
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The financial industry will see the further adoption of stablecoins around the world, partly due to the responses to COVID-19. We are living through interesting times. At the time of writing, roughly half of the world’s population is on lockdown, with 90 countries in various forms of confinement and the pandemic crashing global stock markets. […]
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The team behind CryptoKitties and the Flow blockchain, Dapper Labs, has revealed a partnership with Libra to share technology between the two projects. Dapper Labs, the team behind CryptoKitties and the Flow Blockchain, has revealed a partnership with Facebook’s Libra stablecoin project to share proprietary technology. Speaking to Cointelegraph, Dapper Labs’ CTO Dieter Shirley revealed […]
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The G20’s Financial Stability Board issued a study on stablecoins, analyzing their merits and threats as the Libra project continues to spook regulators. Stablecoins can pose risks to financial stability and need to be adequately regulated, according to the Group of 20. The G20’s Financial Stability Board (FSB) issued a comprehensive stablecoin study on April […]
Continue ReadingBitcoin drops to a key level, Jack Dorsey pledges $1 billion to fight the coronavirus, and how blockchain is being used to fight fake news in the age of COVID-19. Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and […]
Continue ReadingChina holds more blockchain patents, but the number of U.S. companies invested in blockchain is greater. China is rapidly catching up to the United States with regard to blockchain-related investments, according to a recent report put together by New York-based research firm CB Insights. The researchers found that the East Asian country accounted for 22% […]
Continue ReadingHedge fund manager, Ray Dalio, described the reasons cash is a poor investment, but failed to mention Bitcoin as a viable alternative. In a recent TED interview, Bridgewater Associates co-chairman and co-CIO, Ray Dalio, labeled cash as a risky place to park wealth, although he failed to mention Bitcoin (BTC) as an alternative. “Do not […]
Continue ReadingFacebook and Instagram file suit against user for cloaking ads for COVID-19 disinformation and crypto scams. Facebook and Instagram filed suit against a user who, they allege, operated a cloaking service that allowed ads for a range of scams to slip through the advertisement reviews for both platforms. Facebook’s accusations and request for relief In […]
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