Facebook is reportedly seeking a New York BitLicense to comply with state regulations pertaining to Libra. Social media giant Facebook has applied for a cryptocurrency business license to use its announced virtual currency Libra in New York, according to a report by Reuters on June 28 New York requires a special license for crypto operations […]
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Cyber threat intelligence firm Digital Shadows has reportedly discovered over 100 fake domains relating to Facebook’s forthcoming stablecoin Libra. Cyber threat intelligence firm Digital Shadows has discovered over 100 fake domains registered relating to Facebook’s forthcoming stablecoin Libra, the Independent reported on July 1 As of June 19, researchers at Digital Shadows had found over […]
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Augustin Carstens revealed the ‘bank of central banks’ is actively supporting members’ efforts to issue tokens. The head of the Bank of International Settlements (BIS) has appeared to U-turn on issuing digital currencies after a fresh interview with the Financial Times on June 30. Speaking to the publication, BIS chief Augustin Carstens actively endorsed the […]
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Major cryptocurrencies are in the red as markets are correcting downward. Sunday, June 30 — most of the top 20 cryptocurrencies are reporting are seeing losses at press time, as markets are sloping downward. Market visualization courtesy of Coin360 Bitcoin (BTC) is currently down 7.33% on the day, trading around $11,103 at press time, according […]
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A partner at Binance Labs expresses optimism about Facebook’s entry into crypto with Libra. Speaking to Cointelegraph at Blockchain Week Rome, Teck Chei, partner at Binance Labs, said that he sees Facebook’s Libra Project at a step forward for crypto and increasing public awareness. In Chei’s own words: “I think having a company like Facebook, […]
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The cryptocurrency market is trending up after a flash crash by bitcoin on Wednesday followed by across-the-board losses on Thursday. Friday, June 28 — Top cryptocurrencies bitcoin (BTC), ether (ETH), and ripple (XRP) are all in the green, a total turnaround from the sea of deep red on Thursday. Market visualization. Source: Coin360 Bitcoin is […]
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A new study shows that 30% of known stablecoins are live and operational. Only 66 stablecoins — 30% of total announced tokens — are actually live and operational, according to a study published by the blockchain research group Blockdata on June 26 The remaining 70% are either still in development or have shut down entirely. […]
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The R&D branch of the Reserve Bank of India is developing a blockchain platform. The Reserve Bank of India (RBI) is developing a blockchain platform for banking in its R&D branch, according to a report by BusinessLine on June 28 The blockchain platform will reportedly host a number of blockchain applications, and is slated to […]
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Is this correction a buying opportunity or has bitcoin made a short-term top? Let’s analyze the charts. The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision. […]
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Steve Forbes claimed that gold backing is the basic condition for Libra to become “one of history’s truly seminal creations.” Steve Forbes, Chairman and Editor-in-Chief of Forbes Media, published on June 25 an open letter to Mark Zuckerberg, advising to back Facebook’s cryptocurrency Libra with gold. In the letter, Forbes strongly encouraged Facebook’s crypto initiative, […]
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