What exactly is the difference between a blockchain and distributed ledgers? Here is a full guide on what each technology does and how… “Blockchain” and “distributed ledger technology.” Many of us have been guilty of confusing these two terms and using them interchangeably. But even though their meanings overlap in a number of areas, and […]
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Facebook’s Libra stands to be the largest DApp network to date, with over 2.4 billion active users — but will the dream be realized? The official announcement and details around Project Libra were provided to the world on June 18, 2019. Firstly, Libra was introduced: a new global reserve-backed cryptocurrency built on top of the […]
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Smart Valor debuts with two cryptocurrencies and four fiat currencies, with further expansion planned. Swiss integrated cryptocurrency exchange Smart Valor has launched trading of four fiat currencies with Bitcoin (BTC) and Ether (ETH). Switzerland sees another crypto first As a blog post issued July 30 confirmed, Smart Valor, which combines exchange with custody and brokerage […]
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A recently passed Blockchain Promotion Act may indicate the desire among U.S. lawmakers for clear regulations, as Facebook’s Libra received a harsh welcome… Despite concerns expressed by many United States regulators during the recent House Committee on Financial Services’ hearing on Facebook’s proposed digital currency, Libra, an increasing number of U.S. lawmakers are speaking out […]
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Bakkt is reportedly preparing for a Q3 launch, but other information suggests the company still needs NYDFS approval. Bakkt, a Bitcoin (BTC) futures platform still in development, is purportedly closing in on a Q3 launch date. An anonymous source close to the company reportedly shared this information with blockchain and crypto news publication The Block, […]
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Facebook Libra discussed by leading blockchain experts in the aftermath of two days of U.S. Congressional hearing… As countless eyes watched and followed the recent U.S. congressional hearings regarding Facebook-backed cryptocurrency Libra, it was evident that it will not be easy for the social media giant and the Libra Foundation to find a way of […]
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Facebook isn’t avoiding the U.S. to skimp on compliance, but because Switzerland is better for crypto. Among all the issues cropping up in Facebook’s recent hearing in the United States Congress regarding its new Libra cryptocurrency, the matter of location was perhaps the thorniest. Testifying before various banking and financial committees, Libra co-creator David Marcus […]
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Jeremy Allaire, CEO of payments company Circle, said that Facebook’s Libra will run in a closed-loop permission scheme, requiring a different regulatory approach. Jeremy Allaire, co-founder and CEO of payments company Circle, said that Facebook’s Libra will run in a closed-loop permission scheme that has its own requirements for regulation during an interview with Bloomberg […]
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Facebook has removed ads for a bitcoin scam that claimed to have the approval of the crown prince of Abu Dhabi. Facebook has removed ads for a bitcoin (BTC) scam that masqueraded as posts by the crown prince of Abu Dhabi, UAE news site The National reports on June 30 According to the report, a […]
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Craig Wright has failed to disclose his bitcoin holdings in a high profile court case, says a plaintiff’s legal counsel. The legal counsel for a plaintiff in a bitcoin (BTC) theft case involving Australian computer scientist Craig Wright, said that Wright — the defendant — failed to disclose his bitcoin holdings per court order. Devin […]
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