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Facebook forced to take action against fraudsters peddling fake Libra
It’s barely been a month since Facebook unleashed its cryptocurrency Libra into the wild and published its whitepaper. But already, the social media giant has been forced to address a growing number of fake communications associated to its digital asset. дальше »
2019-7-23 14:44 | |
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Fake Libra Peddlers LOL-Swarm Facebook for Discount Crypto Scam
Numerous fake accounts, groups, and pages operated by fraudsters have swamped Facebook and Instagram to mispresent themselves as the official hubs for the social media giant’s upcoming Libra crypto, the Washington Post reported today. дальше »
2019-7-23 14:03 | |
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Federal judge refuses to dismiss $224M lawsuit against AT&T for SIM-swap bungle
A US federal judge has rejected AT&T‘s request to dismiss a $224 million lawsuit over a devastating SIM-swapping incident that led to $24 million in stolen cryptocurrency. A press release confirms the communications giant will face court over allegations it violated the Federal Communications Act, a consumer contract, as well as several other laws, when hackers assumed the identity (and telephone account) of cryptocurrency investor Michael Terpin in 2017. дальше »
2019-7-23 13:05 | |
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Giant Russian Crowdfunding Platform to Accept IOST Cryptocurrency from Global Investors
The IOST Foundation, an organization supporting the ongoing development of IOST (a scalable layer 1 blockchain network for mainstream online services), has announced that it has successfully completed its integration with Boomstarter. дальше »
2019-7-23 15:45 | |
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With Libra Hearings Depicting Bitcoin As The Hero, What Can We Expect Next?
In the crypto world, the past week has been dominated by Libra hearings. Libra, Facebook’s cryptocurrency has come under fire for some time now. Soon after its launch a few months ago, regulators raised concerns that the social media giant was out to disrupt the financial system. дальше »
2019-7-21 20:31 | |
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Deutsche Bank Collapse Could Crash Global Financial Markets
German financial services giant Deutsche Bank AG is one of the largest and most important economic institutions in the world. Mainly due to self-imposed scandals, the bank is now having to taking drastic measures to stay afloat. дальше »
2019-7-21 20:00 | |
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FUD Sets In As BitMEX Sees Over $80 Million Panic Withdrawals From Users Following CFTC Probe
Following widespread reports that the U. S. Commodity Futures and Trading Commission (CFTC) has begun a probe on cryptocurrency exchange and derivatives giant, BitMEX, the firm has witnessed enormous withdrawals from its many customers. дальше »
2019-7-21 01:30 | |
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Ripple CEO Calls Facebook’s Entry Into Crypto “Brazen,” Calls Out For A Level Playing Field
Ripple CEO Brad Garlinghouse has made his stance on Facebook’s cryptocurrency project Libra very clear, follow the rules. On July 17, Garlinghouse tweeted that the social media giant's “goal to create a new fiat currency” should be held to the same standard as any other regulated financial institutions. дальше »
2019-7-19 19:30 | |
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Warren Buffett Lost $209 Million By Investing in Amazon Instead of Bitcoin
In mid-May, Warren Buffett made big news with a major splash into the Amazon equities pool. On May 15th Berkshire Hathaway added Amazon stock to its books for the first time. Berkshire executed a mammoth $904 million acquisition of the retail giant’s shares. дальше »
2019-7-19 11:13 | |
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5 Best Reasons to Invest in Bitcoin Today
The digital media has taken giant leaps in the delivery of information, communication, and technology in the past few years. This has also made way for the digital currencies to take the center-stage amid the rise of e-commerce and digital banking/financing products. дальше »
2019-7-18 22:29 | |
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Netflix Bubble Bursts and These 3 Tech Stocks Could Be Next
Netflix stock plummeted 11% out of the gate despite posting better-than-expected earnings in Q2. The reason? A colossal miss in subscriber growth, the lifeblood of the debt-ridden media giant. Now that Wall Street appears to be waking up to overvaluations, here are three tech stock bubbles – Beyond Meat, Uber, and Tesla – that might […] The post Netflix Bubble Bursts and These 3 Tech Stocks Could Be Next appeared first on CCN Markets дальше »
2019-7-18 21:45 | |
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Shark Tank Celebrity Claims Facebook’s Libra Will Pummel Bitcoin to ‘Zero’
Investor and Shark Tank shark Kevin ‘Mr. Wonderful’ O’Leary has dismissed concerns raised against Facebook’s cryptocurrency Libra. Speaking on CNBC, the avowed Bitcoin skeptic stated that Libra has the capacity to become accepted and consequently useful with effective regulation. дальше »
2019-7-18 18:19 | |
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China Should Take Precautions against Facebook Crypto: Ex-PBoC Head
Facebook's foray into the payment sector has drawn backlash from governments and regulators across the globe. This time, it is China fencing its borders to keep the social media giant out. The post China Should Take Precautions against Facebook Crypto: Ex-PBoC Head appeared first on NewsBTC. дальше »
2019-7-18 17:00 | |
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Freedom over Facebook: How the social media giant could wield the most powerful censorship tool in history
Part 1 This is a two-part series on the censorship claims of Facebook’s Libra. Part One will discuss the importance of ‘freedom’ in a information and social media-centered world, and how Facebook is using Libra to act as the gatekeeper of the world. дальше »
2019-7-18 16:30 | |
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Google officially ends its Chinese search engine project
It’s official. Google has ended its quest to re-enter China with a modified search engine. The company‘s VP of public policy, Karan Bhatia, told the US Senate earlier this week that it has abandoned Project Dragonfly. дальше »
2019-7-18 12:16 | |
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Japan planning to set up an international network for cryptocurrency payments
Japan is at the forefront of the crypto-revolution, with the Asian giant taking the lead in bringing innovation to the field of cryptocurrencies and blockchain. This fact was further highlighted by a recent report by Reuters which said that Japan is planning to set up an international network for cryptocurrency payments, something very similar to […] The post Japan planning to set up an international network for cryptocurrency payments appeared first on AMBCrypto. дальше »
2019-7-18 10:30 | |
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Facebook's House Committee Focuses Heavily On What Exactly Libra Is
With yesterday's Senate hearing centering on lawmakers' distrust of Facebook, the social media giant's House Financial Services Committee hearing focused much more on what exactly Libra is and saw regulators speaking in a surprisingly positive manner about Bitcoin. дальше »
2019-7-18 00:08 | |
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Prime Day Blowout Sees Bullish Amazon Stock Aiming to Deliver All-Time Highs
Amazon just concluded its two-day global shopping event – Amazon Prime Day. The annual shopping holiday is exclusive to Amazon Prime members who have the privilege of taking advantage of Prime Day discounts. дальше »
2019-7-18 19:31 | |
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IBM Technologies Dominates The Active Blockchain Patents In 2019, Registers 300% Annual Growth
In a new report, IBM Technologies leads the charts in the number of patents in blockchain across the US, crossing the 100 mark. The technology giant continues to lead the field beating its competitors not only in number but growth of patents as well. дальше »
2019-7-17 19:28 | |
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Bitcoin is Becoming Store of Value among US Investors: Former Uber Staff
Investors in the United States are beginning to see bitcoin as a store of value, says former Uber staff Dan Held. The Interchange co-founder and director of business development credited Facebook for upping the status of cryptocurrencies. дальше »
2019-7-17 15:00 | |
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Senate hostile towards Libra, Facebook suggests regulators must act or risk losing US dollar dominance to Bitcoin
The focus of the hearing between Facebook’s David Marcus and the Senate on the Libra cryptocurrency was trust—or the lack thereof. Marcus, the head of Calibra, strongly suggested that if the U. S. дальше »
2019-7-17 08:06 | |
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Facebook Says it Will Use Swiss Agency to Oversee its Cryptocurrency’s Privacy, But is Yet to Even Contact Them
Facebook has been grilled today at a Senate Banking Committee hearing over its cryptocurrency project Libra. As part of the hearing, a representative for the social media giant claims the firm has been in contact with a Swiss agency to oversea data protection and user privacy. дальше »
2019-7-17 02:00 | |
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“Keep Big Tech Out of Finance Act” proposes $1 million per day fine on large tech companies acting as financial institutions
A recent bill, “Keep Big Tech Out Of Finance Act,” recommends prohibiting giant tech firms from serving as financial institutions or launching their own cryptocurrency. Likely geared toward Facebook, the bill was reviewed by Democrats that oversee the House Financial Services Committee. дальше »
2019-7-16 18:38 | |
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Would your mobile phone be powerful enough to get you to the moon?
Many people who are old enough to have experienced the first moon landing will vividly remember what it was like watching Neil Armstrong utter his famous quote: “That’s one small step for a man, one giant leap for mankind. дальше »
2019-7-16 13:54 | |
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Libra: Japan Creates Group Ahead of the G7 Summit with Nation’s Central Bank, FSA and Ministry of Finance
Asian giant Japan has set up a committee to look into the potential of the new Facebook’ s cryptocurrency project, called Libra, especially in the area of banking, finances and its ability to cripple a struggling economy if not properly tackled. дальше »
2019-7-15 20:55 | |
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LG Files Trademark Application for Mobile Cryptocurrency Wallet
On July 2, the South Korean multinational company LG Electronics Inc. filed a trademark application with the U. S. Patent and Trademark Office for its first major project in the crypto space, namely a mobile crypto wallet called ThinQ Wallet. дальше »
2019-7-15 19:00 | |
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Dow Braces for Excruciating ‘Earnings Recession” as Citibank Readies Report
Dow Jones futures traded flat on Monday as investors brace for a painful earnings season. Analysts are widely predicting an “earnings recession,” a second-straight quarter of negative earnings growth. дальше »
2019-7-15 14:46 | |
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How US ‘Keep Big Tech Out of Finance’ Draft Bill Targets Facebook’s Libra
Facebook’s digital currency plans have caused concern among bureaucrats worldwide and members of the U. S. government seem fearful of a giant tech establishing itself as a financial institution. дальше »
2019-7-15 21:45 | |
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How the US ‘Keep Big Tech Out of Finance’ Draft Bill Targets Facebook’s Libra
Facebook’s digital currency plans have caused concern among bureaucrats worldwide and members of the U. S. government seem fearful of a giant tech establishing itself as a financial institution. дальше »
2019-7-15 21:45 | |
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Tech Entrepreneur: Facebook’s “Cryptocurrency” Libra is a “Big Mistake”
Billionaire tech entrepreneur Mark Cuban is not a big fan of Facebook’s recently-detailed cryptocurrency-of-sorts. He says there may be repercussions from despotic leaders around the world if citizens start to use alternatives to national currencies. дальше »
2019-7-13 02:00 | |
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Keiser: $100,000 BTC as Trump’s Anti-Bitcoin Tweet to Drive US-Skeptic Nations to Crypto
Popular cryptocurrency proponent and news presenter Max Keiser has responded to President Trump’s anti-Bitcoin outburst yesterday. The long-term Bitcoin bull believes that a United States opposed to Bitcoin is an advertisement to nations wanting to distance themselves economically from the nation to adopt the digital asset. дальше »
2019-7-13 00:00 | |
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‘Bitcoin’ Searches Spike On Google Post Trump Tweet
Bitcoin jumped into the mainstream spotlight July 12 after ‘negative’ comments by US President Donald Trump hit the media worldwide. BTC Interest Surges After Trump Tweets Bitcoin barely flinched in response to Trump saying he “is not a fan” of it, but proponents are already thanking him for giving the industry a giant publicity boost. дальше »
2019-7-12 13:42 | |
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Facebook now tells you where brands are getting your ad targeting data
Facebook will now begin to show you more information about the ads you see on the social network. The tech giant has announced a series of updates to its “Why am I seeing this ad?” and Ad Preferences tools with an aim to bring users greater transparency and control. дальше »
2019-7-12 10:20 | |
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Google declutters its news tab on desktop search pages with a fresh look
The News tabon Google’s search results pages is a pretty big deal when you’re trying to keep up with the world: for many people, it’s their quickest way to find news stories on topics they’re interested in. дальше »
2019-7-12 06:23 | |
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Indian Government’s Crypto Ban Results In Facebook Canceling Libra Launch In The Country
India had been considered to be the perfect market to launch Facebook’s cryptocurrency Libra. The social media giant’s users in India have doubled since 2015 to about 310 million and are forecast to surge to around 440 million by 2023. дальше »
2019-7-11 23:01 | |
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Bitmex CEO: Libra Will Destroy Traditional Commercial Banks And PayPal Is Screwed Anyway
Reactions have continued to trail Facebook’s official announcement of its own digital asset called the Libra and its governing body, The Libra Association. Since the announcement was made and its whitepaper released, reactions have been mostly mixed with some applauding the move as a huge win for the cryptocurrency sector because a giant player like […] дальше »
2019-7-11 17:24 | |
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Visa Invest $40 Million in Crypto Startup, is Mainstream Acceptance Here?
Electronic payments giant, Visa, along with VC firm, Blockchain Capital, have raised $40 million for a Series B funding round at digital asset custodians, Anchorage. The little-known startup seeks to advance institutional participation in cryptocurrencies. дальше »
2019-7-11 17:11 | |
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Binance Debuts Margin Trading As Bitcoin Volatility Hits Markets
Malta-based cryptocurrency exchange giant Binance has formally launched margin trading for most of its users following months of speculation. Long-Awaited Bitcoin Trading Feature Goes Live In a blog post July 11, executives released the platform’s latest product, along with a dedicated guide on how it works. дальше »
2019-7-11 10:22 | |
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Libra cannot go forward until Facebook addresses serious concerns: Federal Reserve Chair
You’ve been blocked? Less than a month after being formally unveiled, Facebook’s cryptocurrency project has run into its biggest roadblock. Jerome Powell, the Chair of the United States Federal Reserve stated that Libra ‘cannot go forward,’ until serious concerns regarding its working are addressed by the social media giant. дальше »
2019-7-11 10:00 | |
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Will Facebook Store Data of Libra Cryptocurrency Users
Recently, Facebook came under heavy fire for a massive security breach of its network and personal data pilferage of millions of users. However, in a letter to US senators, the social media giant has assured that it will not be collecting and storing data of users of its “cryptocurrency” Libra. дальше »
2019-7-11 05:30 | |
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Coinbase to launch regulated insurance firm in partnership with Aon
Coinbase, one of the largest cryptocurrency exchanges in the U. S. , is reportedly exploring plans to set up its own insurance company. Sources close to the matter revealed that the company was seeking the help of Aon, a London-based insurance broker giant, to fight the lack of insurance options available to crypto exchanges. дальше »
2019-7-11 23:49 | |
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Oil and gas giant Shell invests in Ethereum blockchain project to track flow of energy
World’s fifth-largest oil and gas company, Shell, took a step forward in its exploration of the blockchain world, after it invested in a New-York based startup using a modified version of Ethereum blockchain. дальше »
2019-7-11 20:30 | |
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Gemini’s Tyler Winklevoss asks Facebook to ‘work with regulators’ on Libra
The famous Winklevoss twins and their imbroglio with Mark Zuckerberg’s Facebook needs no introduction. Interestingly, the business honchos’ tryst with Gemini started after winning a $65 million settlement from a lawsuit against the social media giant in 2011. дальше »
2019-7-11 19:30 | |
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Winkevoss twins consider joining Facebook’s ‘cryptocurrency’ despite beef with Zuckerberg
The Winklevoss brothers, co-founders of cryptocurrency exchange Gemini and renown for their well-documented legal battle with Facebook, are seemingly willing to ‘get into bed’ with the tech giant in an attempt to spread the adoption of digital currencies. дальше »
2019-7-11 19:28 | |
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