Venezuela’s President Nicolas Maduro ordered the country’s leading bank, Banco de Venezuela, to accept the nation’s cryptocurrency El Petro at all its branches. Venezuela’s President Nicolas Maduro ordered the country’s leading bank, Banco de Venezuela, to accept the nation’s cryptocurrency, the Petro (PTR) at all of its branches, the country’s Finance Ministry tweeted on July […]
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Anthony “Pomp” Pompliano — co-founder of crypto asset management firm Morgan Creek Digital Assets — predicts bitcoin (BTC) will hit $100,000 by the end of 2021. Anthony “Pomp” Pompliano — co-founder of crypto asset management firm Morgan Creek Digital Assets — predicts bitcoin (BTC) will hit $100,000 by the end of 2021. In an interview […]
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Facebook’s David Marcus addressed trust issues surrounding Facebook’s Libra stablecoin in a recent post. David Marcus, the head of Calibra at Facebook, emphasized that Libra users will not have to put their trust in Facebook, in a post on July 3. Marcus reiterated that Facebook is not the only member of the Libra Network, and […]
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The U.S. House of Representatives Committee on Financial Services requested Facebook to immediately stop the development of the Libra stablecoin. The United States House of Representatives Committee on Financial Services requested Facebook and its partners to stop the development of the Libra stablecoin In a July 2 letter addressed to Facebook CEOs Mark Zuckerberg and […]
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Gab has made a bid to seal $10 million in a Series A crowdfunding round that will enable it to decentralize and integrate bitcoin. Social media platform Gab has made a bid to seal $10 million in a Series A crowdfunding round that will enable it decentralize its infrastructure and integrate bitcoin (BTC) and Lightning […]
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ZenGo reportedly shows that its keyless wallet solution can support Facebook’s announced virtual currency Libra via testnet demonstrations. The non-custodial crypto wallet solution ZenGo has created an open source project that purportedly provides proof-of-concept (PoC) for its ability to support social media giant Facebook’s virtual currency Libra, according to an official announcement by ZenGo on […]
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Financial services firm Jefferies’ recent survey indicates that American users will hardly use Facebook’s forthcoming stablecoin Libra due to a lack of trust. Financial services firm Jefferies’ recent survey indicates that American users will hardly use Facebook’s forthcoming stablecoin Libra due to a lack of trust, The Block reported on July 1 In the survey, […]
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IOTA Foundations releases Trinity, a software wallet for IOTA tokens. The IOTA Foundation has launched the Trinity wallet, as the organization announced in a press release on July 2. The announcement advertises the Trinity wallet as an improve to both ease-of-use and security for users conducting transactions in IOTA, with the purported goal of appealing […]
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Pressures from the banking industry? Some are suspect of the FATF’s motivation behind putting its “travel rule” in the new guidance. “Travel rule” was a term frequently heard at the V-20 Summit, which took place in parallel with the G-20 meeting in Osaka, Japan from June 28 to 29. Regulators and Virtual Asset Service Providers […]
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Cyber threat intelligence firm Digital Shadows has reportedly discovered over 100 fake domains relating to Facebook’s forthcoming stablecoin Libra. Cyber threat intelligence firm Digital Shadows has discovered over 100 fake domains registered relating to Facebook’s forthcoming stablecoin Libra, the Independent reported on July 1 As of June 19, researchers at Digital Shadows had found over […]
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