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Hodler’s Digest, July 1–7: Top Stories, Price Movements, Quotes and FUD of the Week
7.7.2019
This week in the Hodler’s Digest, Facebook faces growing resistance over libra, and a banking boss makes an extravagant U-turn
European Central Bank Exec Calls for Fast Regulatory Action Regarding Libra
7.7.2019
Financial regulators must act fast to prepare for Facebook’s Libra stablecoin, according to European Central Bank executive board member Benoit Coeure
Circle CEO Hopes Libra’s Unique Needs Trigger Positive Regulation
6.7.2019
Facebook's Libra will run in a closed-loop permission scheme, requiring unique regulation, according to Jeremy Allaire, CEO of payments company Circle
Tether Stablecoin: Can the Crypto Market Live Without It?
4.7.2019
What will it take for the markets to escape Tether’s influence and can it do it at all?
Binance to Switch Tether Addresses from Omni to ERC-20
4.7.2019
Binance to shut down tether withdrawals and deposits to switch to ERC-20
US Congress Requests Moratorium on Facebook’s Libra Stablecoin
3.7.2019
The U.S. House of Representatives Committee on Financial Services requested that Facebook imposes a moratorium on the development of its stablecoin
Binance Charity Announces Alliance to Support Feminine Health
3.7.2019
The Binance Charity Foundation has formed an alliance of 47 organizations to address feminine health issues in Uganda
Binance Charity Partners With 46 Companies To Unveil New Stablecoin ‘Pink Care Token’
3.7.2019
Binance’s philanthropic arm, Binance Charity Foundation has announced that it has partnered with 46 companies to unveil a new stablecoin called Pink Care Token, to “alleviate period poverty.” #Binance Charity (@BinanceBCF) Forms Alliance with 46 Companies to Unveil a Stablecoin for the Alleviation...
Economist Joseph Stiglitz: Only a Fool Would Trust Facebook’s Libra
3.7.2019
“Every currency is based on trust, but only a fool would trust Facebook’s Libra” noted Nobel laureate in economics Joseph Stiglitz
Advocacy Groups Call on Congress to Stop Libra Development Until July Hearings Take Place
2.7.2019
33 advocacy groups have signed a letter looking to halt development of Libra until Congress and regulators have addressed a number of questions on the project
Survey: Facebook’s Stablecoin Libra Unlikely to Become Mainstream
2.7.2019
Per Jefferies’ recent survey, Facebook’s users are unlikely to purchase Libra
Crypto Exchange Bitfinex Repaid $100 Million to Stablecoin Operator Tether
2.7.2019
According to an announcement by Bitfinex, the exchange repaid $100 million of outstanding loan facility to stablecoin operator Tether
Busan City To Launch Its Stablecoin Pegged To Fiat Currency
2.7.2019
The second most important metropolitan of South Korea Busan has decided to launch Blockchain based regional digital currency. This will expand the financial infrastructure of the country. The news was reported by technological news publication of the country ETnews. The city is a growing hub...
Official: Russia Will Not Introduce Separate Regulation for Facebook’s Libra
1.7.2019
Russia’s Deputy Finance Minister Alexei Moiseev said Russia will not introduce separate legislation regarding Facebook’s Libra
Report: Over 100 Fake Domains Registered Relating to Facebook’s Libra
1.7.2019
Researchers at Digital Shadows have reportedly discovered over 100 fake domains registered relating to Facebook’s Libra stablecoin project
Huobi Unveils ‘Finance Chain’ For Building Enterprise Blockchains
1.7.2019
Huobi develops a public blockchain to enable companies to deploy their own blockchains, following a new partnership with Nervos
South Korea’s Second Biggest City Wants to Create a Local Cryptocurrency
1.7.2019
Busan, South Korea’s second most-populous city after Seoul, is considering the launch of a local stablecoin
Top-10 Industries Being Transformed by Blockchain
30.6.2019
The advent of distributed ledger technology has comprised the catalyst for a new wave of creative destruction. Here are the top-10 industries that are affected the most
Maple Leaf Capital: Recent Bitfinex IEO Ampleforth Token is Not Stable
29.6.2019
Bitfinex’s first Initial Exchange Offering, Ampleforth, is not stable according to crypto investment firm Maple Leaf Capital
Research: Only 30% of Known Stablecoins Are Live and Operational
28.6.2019
New research from Blockdata shows that 30% of known stablecoin projects are live