Brazilian BTC Exchange Faces Numerous Lawsuits From Clients Unable to Access Funds

Bitcoin Bank Group faces numerous lawsuits from customers unable to withdraw funds from its cryptocurrency exchange, BBG claims delays are due to malicious activity. Clientele from multiple states in Brazil have filed lawsuits against bitcoin (BTC) investments firm Bitcoin Bank Group for inaccessible crypto funds, according to a report by Cointelegraph Brasil on June 18. […]

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Head of Facebook’s Libra Distances it from BTC: we’ll Share Information with Authorities

Head of blockchain at social media giant Facebook David Marcus said that the Libra Project will distance itself from Bitcoin and will share information with authorities. Head of blockchain at social media giant Facebook David Marcus said that the Libra Project will distance itself from bitcoin (BTC) and will share information with authorities, Cointelegraph Brazil […]

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Fidelity-Backed Crypto Analytics Firm to Integrate Twitter-Based Crypto Sentiment Feed

Crypto analytics firm Coin Metrics partnered with Social Market Analytics to provide a social media-based feed of sentiment towards crypto. Crypto analytics firm Coin Metrics partnered with Social Market Analytics (SMA) to collaborate on a feed of real-time sentiment towards cryptocurrency based on social media data, according to a press release on June 17. The […]

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Facebook Releases Cryptocurrency White Paper for Libra Currency

Facebook has released the white paper for its stablecoin project. Social media giant Facebook has released the white paper for its long-awaited cryptocurrency and blockchain-based financial infrastructure project today, June 18. According to the paper, Facebook’s global stablecoin, dubbed “libra,” will operate on the native and scalable Libra blockchain, and be backed by a reserve […]

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Source: South American Online Marketplace Working With Facebook on Crypto Project

South America’s major e-commerce network is reportedly a partner on Facebook’s cryptocurrency project South American online marketplace Mercado Libre is working with Facebook on the social network’s Libra cryptocurrency project, Cointelegraph Brazil reports on June 14. A MercadoLibre executive told Cointelegraph Brazil that the purported cryptocurrency will be integrated into the e-commerce platform as a […]

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