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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U.S. senators gave statements in a hearing today, with some advocating for a more focused approach to blockchain, while others scrutinized cryptocurrencies. The United States Committee on Banking, Housing and Urban Affairs has ended the hearing on “Examining Regulatory Frameworks for Digital Currencies and Blockchain” today, July 30. Circle CEO Jeremy Allaire, Rebecca M. Nelson, […]
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Converted Bitcoin bull Joe Kernen has predicted that the coin could hit $55,000 by May 2020, the date of Bitcoin’s next halving. Former Bitcoin (BTC) bear Joe Kernen has predicted that the coin could hit $55,000 by May 2020, the date of Bitcoin’s next halving. The Squawk Box co-host appears to have undergone a full […]
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Who represents crypto in a U.S. Congressional hearing dubbed “Examining Regulatory Frameworks for Digital Currencies and Blockchain”, weeks after Facebook’s Libra is discussed… Today, on July 30, United States lawmakers will once again gather to debate cryptocurrency and blockchain policy in a hearing dubbed “Examining Regulatory Frameworks for Digital Currencies and Blockchain.” The hearing is […]
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United States-based crypto exchange Kraken has partnered with Estana Custody to offer new options for fiat deposits and withdrawals in five major currencies. United States-based crypto exchange Kraken has partnered with Estana Custody to offer new options for fiat deposits and withdrawals in five major currencies. New funding options for USD, EUR, CAD, GBP, JPY […]
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Facebook warns its investors that its Libra stablecoin may never be released. Facebook has warned its investors that its Libra stablecoin may never be released, CNBC reports on July 29. Engaging with regulator “critical to Libra’s success” Facebook told its investors in its latest quarterly report that — while the firm expects to launch Libra […]
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In a bid to drive greater financial inclusion, Philippines-based UnionBank has launched a payments-focused stablecoin pegged to the Philippine peso. In a bid to drive greater financial inclusion, Philippines-based UnionBank has launched a payments-focused stablecoin pegged to the Philippine peso. A report from PhilStar Global on July 26 revealed that the new, bank-backed cryptocurrency — […]
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CEO Adam Back explained users now have more options as a new update provides support for stablecoin Tether. Bitcoin (BTC) users can now take advantage of the Lightning Network while sending coins on Blockstream’s Liquid sidechain. Bitcoin’s Lightning Network designed to work across multiple chains Following the debut of support for stablecoin Tether (USDT) on […]
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Major European crypto exchange Bitstamp has partnered with digital asset brokerage BCB Group to enable direct pound sterling transfers. Major European crypto exchange Bitstamp has partnered with digital asset brokerage BCB Group to enable direct transfers in British pounds sterling (GBP). A press release shared with Cointelegraph on July 29 revealed that following the new […]
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Are crypto tokens different than coins? An ultimate guide to all forms of digital currencies. Are those definitions universal? No, given that the space is continuously evolving. Cryptocurrencies as we know them have existed for just 10 years, while most government agencies started paying attention to them only three-five years ago, when Bitcoin’s popularity began […]
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