Libra association member Bison Trails aims to offer users the opportunity to participate in the NEAR network. Blockchain infrastructure-as-a-service company Bison Trails has announced support for NEAR, which is designed to power Open Finance and the Open Web. According to the announcement, NEAR’s smart contract platform is focused on strengthening accessibility and usability to support […]
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The CEO of Celo alliance member Blockdaemon believes that the Celo ecosystem will soon comprise “PayPal on speed with its own native currencies.” Since launching its Alliance for Prosperity earlier this year, open payment platform Celo has quickly emerged as an apparent rival to Facebook’s Libra stablecoin project. Cointelegraph spoke to Konstantin Richter, the CEO […]
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The 100k user milestone represents 2% of Kakao’s current user base in South Korea. South Korean company, Kakao, announced that its new crypto wallet function surpassed 100,000 users in less than a day in its chat app, KakaoTalk. The feature went live on June 3. According to the internet giant, KakaoTalk’s Klip was launched with […]
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The future is digital and bank-free, said Andreessen Horowitz general partner Katie Haun in a recent interview. Andreessen Horowitz, or a16z, expects more Libra competitors to enter the space, seeing “an opportunity for a new financial network.” As the venture firm’s general partner Katie Haun told Bloomberg in an interview published June 1, a16z expects […]
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Goldman Sachs attacks crypto, why Bitcoin may be wandering into a bull trap, and how Libra is going to make money. 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 regulation highlights, leading coins, predictions and much more — […]
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Using regulation to one’s advantage is the main factor of an innovative fintech business. The best way to achieve it is closely monitoring the shifting regulatory landscape. Regulations are not going anywhere. On the contrary, financial service providers face more regulatory challenges and higher costs than ever before. During the early days of cryptocurrencies, a […]
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Facebook’s ads business will get a bump due to Libra integration, Zuckerberg reportedly said at a shareholders meeting. The proposed Libra cryptocurrency will allow Facebook to increase ad prices, the social network’s CEO Mark Zuckerberg said at the annual shareholder meeting on Wednesday, according to Cnet. At the event, Zuckerberg was reportedly asked how Facebook […]
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Coinbase is acquiring the prime cryptocurrency brokerage Tagomi as part of its evolving strategy for institutional investors. Major cryptocurrency exchange Coinbase is acquiring the Peter Thiel-backed prime crypto brokerage Tagomi. In an announcement on May 27, the exchange claimed the acquisition agreement came at “an inflection point in the industry,” a moment when increasing numbers […]
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Ren has launched the RenVM, facilitating tokenized Bitcoin, Bitcoin Cash, and Zcash for use on the Ethereum ecosystem. Ren, a decentralized finance (DeFi) protocol with backing from Polychain Capital and FBG Capital, launched its core product ‘RenVM’ on May 27. The RenVM allows users to create tokenized Bitcoin (BTC), Bitcoin Cash (BCH), and Zcash (ZEC) […]
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Facebook continues sprucing up for regulators. Facebook-owned digital wallet Calibra rebranded itself as Novi earlier today, sharing new details about the project. The primary reason for the name change was to avoid the confusion with the Libra cryptocurrency, a representative for Novi told Cointelegraph. “When we announced Libra and Calibra last June, we wanted to […]
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