The CEO of Calibra, David Marcus, has prepared statements for the Senate Banking Committee regarding Facebook’s cryptocurrency project Libra. The United States Senate Banking Committee has released the opening statements of David Marcus, head of Facebook’s crypto wallet Calibra today, July 15. The statements come ahead of a hearing on the Libra cryptocurrency project tomorrow […]
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The average block size suddenly jumped from around 1 megabyte to over 3 megabytes — by far the highest average in Bitcoin’s history. Blockchain validation platform VeriBlock produced almost 25% of on-chain Bitcoin (BTC) transactions in 24 hours July 14, the company confirmed on social media. VeriBlock, which uses its own ‘Proof-of-Proof’ protocol to validate […]
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Trump tells the world what he thinks of Bitcoin, Facebook vows to cooperate with Congress on Libra, and an angry mob descends on Tron’s office in Beijing. Top Stories This Week Trump tweets opposition to crypto, specifically Libra and Bitcoin Shrinking violet Donald Trump doesn’t often share his views, so it was refreshing to see […]
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Japanese cryptocurrency exchange Bitpoint has reportedly discovered some of its funds that were stolen in a hack last week. Japanese cryptocurrency exchange Bitpoint has discovered over 250 million yen ($2.3 million) in cryptocurrency — part of a $32 million sum that was stolen last week, local English language daily The Mainichi reports on July 14. […]
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Stablecoin operator Tether mistakenly minted five billion USDT tokens on the Tron blockchain. Stablecoin operator Tether accidentally minted and subsequently burned 5 billion USDT tokens, Whale Alert tweeted on July 13. Whale Alert — a Twitter account dedicated to reporting large cryptocurrency transactions — noted that 50 million USDT tokens were transferred from cryptocurrency exchange […]
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Veil, an Ethereum-based predictions platform using the Augur marketplace, has shut down. The Ethereum-based predictions platform Veil is shutting down, according to an official Medium post on July 11. As of July 11, no new markets will be added to the platform. Trading will be disabled entirely on July 24. Veil co-founder Paul Fletcher-Hill recommended […]
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John McAfee speaks with Cointelegraph about Facebook’s Libra, the importance of privacy and why he hasn’t paid U.S. taxes in eight years. When people outside of crypto think of John McAfee, they think computers, cybersecurity, anti-virus software. But in the world of crypto and blockchain, you think of a yacht in tropical waters, passionate — […]
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Japanese crypto exchange Bitpoint has suspended all services after losing $32 million in a hack involving XRP, Bitcoin and other cryptocurrencies. Japanese crypto exchange Bitpoint has suspended all services after losing $32 million in a hack involving XRP, Bitcoin (BTC) and other cryptocurrencies. In an official announcement on July 12, Bitpoint revealed that it had […]
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The Foundation for Defense of Democracies has assessed current and future risks of cryptocurrency use by countries adversarial to the United States. The American Foundation for Defense of Democracies (FDD) has assembled an assessment of current and future risks of cryptocurrency use by countries adversarial to the United States in a report published on July […]
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A mob has burned down the house of Sphelele Mbatha, the manager of an alleged crypto Ponzi scheme, Bitcoin Wallets. An angry mob in Ladysmith, South Africa has reportedly torched the residence of Sphelele Mbatha, known as Sgumza, a manager of alleged crypto Ponzi scheme Bitcoin Wallet. The mob was likely a collection of victims […]
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