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What to Expect from Blockchain in 2020?
18.10.2019
The year 2019 is soon coming to an end. We’re only a few months away from stepping into 2020, and the blockchain landscape is changing quickly. It’s been almost two years since the last bull run, and the whole ecosystem has evolved substantially in this period. New players are stepping in and...
Libra Could Merge With China’s Crypto in Taiwan, Says Foxconn Founder
16.10.2019
Foxconn’s founder and the richest man of Taiwan, Terry Gou, wants the island nation to embrace the ambitious Libra digital currency project of Facebook. In his latest speech, Gou has said that unlike other governments that have skeptically approached the Libra project, Taiwan could welcome it...
Another Blow to Libra Association as Booking Holdings Decides to Pull the Plug
15.10.2019
With major companies deciding to opt-out of the much anticipated Libra project, the road ahead for Facebook Inc seems to be an extremely tough one. The latest firm to back out of the Libra Association is Booking Holdings, a Norwalk-based eminent American firm operating several notable travel...
PayPal, the First Firm to Officially Exit from Facebooks’s Libra Association
7.10.2019
The difficulties of Facebook seem to be multiplying on every coming day. Strong ripples across the industry were observed on Friday when PayPal, the first firm to back digital currency project of Facebook, has officially announced its detachment from the project. However, the announcement did...
Visa, Mastercard to Reconsider Backing Facebook’s Libra Cryptocurrency
2.10.2019
It has already been a few months since the tech giant, Facebook, officially announced its ‘Libra’ cryptocurrency project with international support from big organizations including Visa, Mastercard, and PayPal. Since the announcement, very little has been heard about the Libra project apart from...
Facebook’s Libra Project is “Walled Garden”, Says Ripple’s SVP of Customer Success
30.9.2019
Voicing negative sentiments about the upcoming Facebook’s Libra project, Marcus Treacher, Senior Vice President of Customer Success at Ripple, said, that highly guarded and centralized structure of Libra is not in line with the principles of cryptocurrency. Just so you know, Libra project is backed...
USD to Lead a Group of Fiat Currencies Backing Libra
23.9.2019
As per the reports, Facebook’s cryptocurrency, Libra will be backed by 50% by the US dollar and the rest by Japanese Yen (comprising 14%), Euro (comprising 18%), Pound Sterling (comprising 11%) and Singapore Dollar (comprising 7%). Chinese Yuan has not been included in the list till now. Facebook’s...
Altcoins Soar, Zuckerberg Turns on Charm, North Korea’s Coin: Hodler’s Digest, Sept. 16–22
22.9.2019
In this week’s Hodler’s Digest, Zuckerberg turns on the charm, altcoins explode, and an “African Bitcoin Bull” does a good deed
Facebook to Face Global Regulators about its Libra Cryptocurrency Project
16.9.2019
According to recent news, Global regulators will interrogate Facebook shortly regarding its Libra cryptocurrency, even though the EU governments expressed concerns that the digital currency poses a danger to financial stability. As per the Financial Times, Facebook needs to face 26 national banks...
PayPal is Watching Out for Facebook Backed Cryptocurrency Libra
14.9.2019
In recent News, PayPal stated that it is watching out for Facebook backed Cryptocurrency, Libra, which is scheduled to make a big appearance with the one of the leading digital payments firm. Moreover, international tension is intensifying over Libra, with national banks, regulators,...
France Bans Facebook’s Libra Cryptocurrency in Europe
12.9.2019
On Thursday, Bruno Le Mair, France’s Minister of the Economy and Finance, warned that the country will halt the development of Facebook’s planned cryptocurrency, ‘Libra,’ since the digital asset poises threats to the “monetary sovereignty” of governments. The announcement was made by Le Maire as...
Switzerland’s FINMA Announces Additional Scrutiny of Facebook’s Libra
12.9.2019
Facebook shines as one of the most loved social networking sites in the modern era. With the growing craze for cryptocurrencies, Mark Zukerberg led social media giant, planned to explore the new domain by launching its stablecoin, Libra. Despite hailing from a reputed and popular brand name...
Tim Draper, the Renowned Crypto Investor Joined MakeSense Labs
10.9.2019
The notable venture capitalist and the founder of Draper Associates, Tim Draper has joined MakeSense Labs as a director. MakeSense Labs is the provider of the messaging app, Sense.Chat which was built on the EOS blockchain. The appointment of the cryptocurrency investor tailed the launch...
Crypto’s Moment of Fame on India’s Popular Show- ‘KBC’?
10.9.2019
Regardless of India’s regulatory sternness around the cryptocurrency industry, the boom around the new age cryptocurrency couldn’t be ignored. An Indian television show- ‘Kaun Banega Crorepati’ which runs parallel to the concept of the popular show- ‘Who Wants to be A Millionaire’; recently...
Michael Novogratz Predicts Bitcoin (BTC) Will Reclaim Its $20K Value In 2019
1.9.2019
Michael Novogratz, the chief executive officer of Galaxy investment firm, is confident that the Bitcoin is going to reach its all-time high value in this calendar 2019. He said that the cryptocurrency space has now started getting investment from large corporations which will help the digital coins...
Binance Proposes Venus To Be Regulatory Focused Stablecoin Platform
31.8.2019
Facebook, the social media giant, has become the center of attraction of financial discussions since the news of the launch of its cryptocurrency, Libra. Being one of the most anticipated projects, Libra, on the contrary, had to face a lot of backlashes owing to its security and regulatory...
New Zealand’s Radio Personality Denies Promoting BTC on Social Media
27.8.2019
Duncan Garner, the radio host who hosts the program called The AM Show on the MagicTalkRadio in New Zealand, has declined of promoting BTC (Bitcoin) on Facebook. As noted in the video, a local news outlet, on 26th August 2019, Garner can be seen setting the record straight about his inclusion...
Facebook Takes FS Vector On-Board to Resolve Regulatory Pressure on Libra
27.8.2019
Facebook, the social networking giant, has collaborated with a lobbying firm, FS Vector, to render to the backlash poured upon it after the announcement of its planned cryptocurrency project, Libra. The Washington based firm, FS Vector is a notable consultancy or advisory firm that works in...
BUTTON Wallet Surprises 300 million Telegram Users With Free Cryptocurrency Testing Playground
27.8.2019
Trading in cryptocurrencies has gained a good amount of momentum in the past few years owing to the lucrative returns bestowed upon to the investors. Despite, earning a lot of attention from the masses, a large section of our community hesitates to indulge in trading of this new-age currency....
Crypto Concerns Still Remain For the US Regulators Post Their Visit to Switzerland
26.8.2019
Even after the Switzerland visit, the concerns about Facebook’s ambitious and much-talked-about Libra crypto project remain unanswered for the United States regulators. According to the latest reports quoting the Representative Maxine Waters’ official statement on 25th August 2019, the United...