Bloomberg calls Bitcoin a bubble yet again, and Facebook is seemingly looking for $1 billion from VC firms for its stablecoin. Top Stories This Week NYT Reporter: Facebook Seeking $1 Billion in Venture Capital for Crypto Project According to a tweet by New York Times (NYT) tech reporter Nathaniel Popper, Facebook is reportedly looking to […]
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Venture capitalist Tim Draper plans to meet with Facebook to talk about investing in the firm’s much rumored crypto project. Billionaire VC investor Tim Draper is planning to meet with Facebook execs to discuss investing in the social media’s rumored crypto project, Bloomberg reports April 12. According to the report, Draper revealed to Bloomberg that […]
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Facebook and Telegram’s launch of coins will be more of a game changer for social media and banking than for crypto. Facebook is controversial, if nothing else. The world’s fifth-biggest company by market cap, it’s also the biggest social network by a comfortable margin. Yet, despite the fact that most of us use it, we’ve become increasingly […]
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sponsored A blockchain ecosystem has launched a $1.5 million DApp funding program to encourage developers to build compelling applications on its platform. An established blockchain ecosystem has launched a decentralized application (DApp) funding program worth $1.5 million to incentivize developers and enthusiasts to build applications with real value. WaykiChain says it will offer support of […]
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An audit of TrueUSD funds showed that it has the full amount of U.S. dollar backing for its coins. TrustToken has published the results of an audit of its stablecoin TrueUSD (TUSD) in a blog post on April 8. The audit shows that it has the full amount of United States dollar reserves. Per the […]
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Bgogo intends to offer what are essentially IOUs on tokens from Algorand, a project only slated to launch in June. Digital currency and transaction platform Algorand has refused to endorse an attempt by cryptocurrency exchange Bgogo to sell its unreleased tokens, executives confirmed on social media on April 8. Algorand, which intends to launch its […]
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The issue, which affected only a handful of users, now has a dedicated patch, while balances have been returned. Monero (XMR) developers have fixed a bug involving cryptocurrency hardware wallet Ledger that made user funds look like they had disappeared, they confirmed on social media on April 8. Reported in early March, the bug, which […]
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Over-the-counter traders in China are paying more for stablecoins than their USD counterparts as demand peaks for BTC. Bitcoin’s (BTC) price surge last week has led Chinese traders not only return to trading but pay a premium for doing so, social media-based news account cnLedger reported on April 7. Reproducing price spreads from cryptocurrency exchanges […]
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An overview of one of the most controversial figures in the crypto community. Recently, it was revealed that Craig Steven Wright, one of the most controversial figures in the crypto community, had filed 114 blockchain patents since 2017. He also quit Twitter, where he would often publish his opinions on anonymity (bad), Bitcoin SV (the […]
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Russian social media giant VK.com launched a “mineable” coin, but it’s not clear if it’s based on blockchain. Russian social media giant Vkontakte (VK) has launched an internal currency, VK Coin, that can be “mined,” local state-owned media outlet Tass reported on April 1. The move follows recent reports this week that VK was launching […]
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