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States Rush to Collect Abandoned Crypto
17.7.2019
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'
17.7.2019
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
17.7.2019
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...
Blockchain Agents review: Blockchain Expo Europe 2019
17.7.2019
Disclaimer: The text below is a sponsored article that was not written by Cryptonews.com.
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In June blockchain and cryptocurrency enthusiasts from around the world met in the capital of Netherlands, Amsterdam for Blockchain Expo Europe conference on various subjects related to decentralised...
White Label Crypto Card Provider Targets 10% of Litecoin Users
17.7.2019
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...
New Show in Cryptoverse: Roubini vs. Hayes Fight Heats Up
17.7.2019
After calling Ethereum co-founder Vitalik Buterin a scammer and a thief in a tweeter feud last year, then going head-to-head with him at a conference this past April, professor of economics at New York University and crypto-skeptic, Nouriel Roubini, has strengthened his attacks against Arthur...
Top ICO of 2017, Polkadot, to Start Important Experiment
17.7.2019
A highly anticipated blockchain and one of the top 10 ICO's of 2017 Polkadot Network has announced its “canary network”, Kusama – an experimental version of Polkadot, with real economic conditions, for developers to experiment in and test out a Polkadot-like environment.
Polkadot is a blockchain...
Bitcoin and Altcoins Signaling Bearish Continuation
17.7.2019
Yesterday, we discussed the importance of the USD 11,000 resistance. BTC/USD made an attempt to continue higher, but the bulls failed to gain momentum. As a result, bitcoin price started a fresh decline and broke a few important supports near the USD 10,200 and USD 10,000 level. The price declined...
Crypto Mom Warns of US Inaction as France Unveils ICO 'Talks'
17.7.2019
A commissioner at a top American regulator says that the country’s financial system’s reluctance to provide firm cryptocurrency guidelines is dangerous, and could lead to the United States falling behind other more pro-active nations. Meanwhile, France may be already attempting to steal a march...
Politicians, Internet Reactions Mixed after Facebook’s Libra Hearing
17.7.2019
Some American politicians are claiming victory over Facebook after the Senate Banking Committee hearing on the social network’s forthcoming Libra project – but many commentators say they were nonplussed by the hearing.
The social network’s blockchain chief David Marcus was quizzed by the committee...
Bitcoin Dives Under USD 10,000, Crypto Market Down 10%
16.7.2019
The most popular cryptocurrency, bitcoin, dropped by almost USD 1,000 on Tuesday, breaking the USD 10,000 level and almost reaching USD 9,600, while the whole market capitalization dropped by more than 10%.
At pixel time (17:49 UTC), bitcoin trades at c. USD 9,641, and is down by almost 9% in...
Libra Hearing: 'Toddler With Matches and the Game of Trust'
16.7.2019
David Marcus. On Tuesday, Republican and Democratic Senators were grilling social media giant Facebook over its plans together with at least another 27 partners to launch the Libra project.
“Facebook has demonstrated through scandal after scandal that it doesn’t deserve our trust. We’d be crazy...
How US Congress Can Make Stablecoins and Libra Irrelevant
16.7.2019
Source: iStock/Uko_Jesita
It is well-known by now that U.S. lawmakers and now even members of President Trump’s cabinet are highly skeptical about Facebook’s proposed Libra stablecoin. And although regulators and governments in parts of the world have tried their best to control digital tokens...
Crypto Companies Rush to Capitalize on Amazon Prime Day
16.7.2019
Another Amazon Prime Day is upon us, offering to its Prime subscribers various, deep discounts on pretty much anything sellable and purchasable, and some crypto companies have decided to join this hunt for best deals, offering their own discounts.
The annual shopping holiday launched on July 15th...
LG Claims Blockchain First with Insurance Platform for Mobiles
16.7.2019
Source: Instagram, LG
Mobile carrier LG U+ (the telecoms arm of the LG Group) says it will begin offering blockchain technology-powered mobile phone insurance as of July 17.
The carrier says that its product will allow customers to receive same-day compensation for damage done to handsets, and will...
German Giant Siemens Explores Carsharing on Blockchain
16.7.2019
German tech giant, Siemens, is reportedly looking into ways to utilize blockchain to use for a number of use cases, such as improving manufacturing, mobility, supply chain, and carsharing, among other areas.
Currently, the company is at the point where they have finished testing and explorations...
Huobi Won't Follow Binance's 'Radical' BNB Burn; Mulls Balanced Shift
16.7.2019
Singapore-based crypto exchange Huobi Global said it will not make a “radical” burn decision, such as the one their competitor Binance made, but will go for a "more balanced shift".
This consideration for a more balanced solution comes after cryptoverse’s recent debates over the exchange buybacks...
Bitcoin and Altcoins Recovery Could Accelerate if BTC Breaks USD 11K
16.7.2019
There was a significant decline in bitcoin and altcoins in the past three days. BTC/USD even tested the USD 9,800 level and recently formed a support base near USD 10,000. As a result, the price started an upside correction and broke the USD 10,400 and USD 10,600 resistance levels. Similarly, there...
Market Buoyed as US Treasury Sec Backs Trump’s Anti-Crypto Sentiments
16.7.2019
Source: YouTube/[URL="www.youtube.com" target="_blank"]CNBC[/URL]
Politicians on both sides of the Atlantic had contrasting messages for Facebook and its forthcoming Libra project, as the social network begins its grilling at the hand of both American houses of parliament.
In the United States...
Smart Trading by Kryll, speed up the process of trading cryptos
16.7.2019
Disclaimer: The text below is a sponsored article that was not written by Cryptonews.com.
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