States Rush to Collect Abandoned Crypto


A bill has been proposed in the New York State Assembly, which would liquidate unclaimed cryptocurrency after the digital assets have been abandoned and transfer them to a state office. However, such legislation comes with many unresolved issues and unanswered questions. An industry group,...

Libra Hearings, Day 2: 'I Don’t Think You Should Launch Libra at All'


David Marcus. U.S. lawmakers held another day of heated questioning over Facebook's plans together with at least another 27 partners to launch the Libra project. This time, David Marcus, co-creator of Libra, head of their Calibra wallet, was answering questions before the U.S. House Financial...

Huobi Announces New Stablecoin


Source: iStock/07_av Starting Thursday, cryptocurrency exchange Huobi will be upgrading their current HUSD solution, transitioning it from a stablecoin basket to a new, USD-pegged stablecoin, HUSD Token. HUSD Token is issued by Stable Universal, a Huobi Global backed crypto startup, with a 1:1...

White Label Crypto Card Provider Targets 10% of Litecoin Users


Source: iStock/Albert_Karimov Ternio, a U.S.-based blockchain project developer and provider of crypto payment card solutions, targets 10% of litecoin users with a new card in the near term, Ian Kane, Chief Operating Officer (COO) of the company, told Cryptonews.com. Ternio, which recently issued...

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