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Best of Bitcoin & Tether Combined? 10 Libra Whitepaper Takeaways
Facebook’s Libra cryptocurrency whitepaper dropped this week, sending shockwaves through the Bitcoin and altcoin community. Is Libra the thing that pulls blockchain kicking and screaming into the mainstream, for the benefit of one and all? Or is it the final nail in the coffin of a cryptocurrency experiment just a decade old? Here are 10 key takeaways from the newly released Libra whitepaper. дальше »
2019-6-24 02:45 | |
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Facebook’s Libra copied Hedera’s governance model?
Another day, another controversy as Facebook ostensibly gets embroiled in controversies every passing day post its contentious announcement of the Libra project. The recent one involves a full page advertisement on the Wall Street Journal and a tongue-in-cheek short note directed towards the social media giant, The advert read, “Thank you facebook Libra. дальше »
2019-6-24 23:30 | |
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Bank of England allows Facebook to bank at Threadneedle Street
Before Facebook launched its Libra project, several rumors predicting the social media giant’s move were doing the rounds. At that time, Caitlin Long, Co-founder of the Wyoming Blockchain Coalition, had laid out six predictions. дальше »
2019-6-22 18:00 | |
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Retaliation by Central Banks will ‘complicate legal matters’ for Facebook, says Circle Research on Libra
Facebook’s cryptocurrency initiative being subjected to criticism from lawmakers, despite being backed by industry giants, depicts the prevailing lack of trust between the social media giant and the government, owing to its “disregard for user privacy” as US Senator Maxine Waters put it. дальше »
2019-6-22 17:30 | |
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Facebook ‘Too Powerful’ to Run Libra Without Rules, Says Democratic Senator
By CCN Markets: Facebook has too much power to engage with a cryptocurrency, a United States senator has warned, days after the social media giant launched Libra. Sherrod Brown, a Democratic senator from Ohio, told Bloomberg TV that the public has increasing concerns around the social network. дальше »
2019-6-22 16:38 | |
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Bloomberg: Bitcoin Mining Giant Bitmain is Pursuing IPO Plans Again
Bitcoin Powerhouse Looking to Go Public… Again According to a recent report from Bloomberg, Bitmain, one of the world’s largest crypto companies, still has plans to go public. The Bitcoin mining giant, best known for. дальше »
2019-6-22 02:30 | |
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Russia: No Special Treatment for Facebook’s Libra ‘Crypto’
A Russian lawmaker has recently stated that Facebook’s expected cryptocurrency, Libra, would not be given preferential treatment in Russia. Per a report by Tass on June 18, 2019, the country wasn’t planning to adopt a crypto-friendly legislature. дальше »
2019-6-22 01:00 | |
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Bithumb Korea Indicted for Leakage of Private Data and Failure to Prevent Hacking
South Korea’s crypto exchange giant, Bithumb and its top officials have been prosecuted on charges of failure to prevent hacking attacks and leakage of private data. Prosecutors are accusing the crypto exchange platform of leaking sensitive financial data on around 31,000 of its customers. дальше »
2019-6-22 00:33 | |
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Bitmain Allegedly Looking for $500 Million in Upcoming U.S Share Sale
According to Bloomberg sources, Chinese Bitcoin mining giant, Bitmain Technologies Ltd, is looking to launch an initial public offering (IPO) in the U. S, to raise $300- $500 Million. Bitmain Reportedly Planning U. дальше »
2019-6-22 00:00 | |
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Facebook’s Libra concept sees a half-hearted welcome from Bank of England’s Governor
Ever since Facebook, (the tech giant that taught the world how not to do privacy), unveiled Libra, it has amassed both positive and negative sentiment of both regulators and financial players across the globe. дальше »
2019-6-21 14:15 | |
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Ripple’s David Schwartz explains how MoneyGram going live can impact XRP’s price
After giving a tough competition to other cryptos, XRP would be tapping into another firm that would make use of technologies requiring the use of crypto. Ripple struck a deal with money transfer giant, MoneyGram and according to the deal, the settlement company would buy $30 million worth of shares at a price of $4. дальше »
2019-6-21 12:15 | |
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Rep. Waters calls for a ‘moratorium’ on Facebook’s crypto development; hearing on July 16
Facebook’s tryst with privacy and security issues is no myth. Its new cryptocurrency Libra failed to reap a positive response from the US lawmakers. Adding to its woes, Democratic Rep. Maxine Waters called for a “moratorium” in the development of the corporate giant’s cryptocurrency project Libra. дальше »
2019-6-21 10:08 | |
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Facebook Filched My Logo For Calibra Crypto Project: Fintech CEO
The founder of an online bank has accused social media giant Facebook of stealing his company’s logo for their new crypto project, Calibra. This is the latest eyebrow that has been raised since Zuckerberg and co decided to take on the world’s banks with their latest offering. дальше »
2019-6-21 08:37 | |
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Can We Trust the Facebook Consortium?
It has been a busy two days for Facebook as the social media giant earned the attention of the world following the launch of its project Libra. As of late, a Hong Kong programmer lanced another attack on the project’s governance structure, highlighting a dangerous vulnerability. дальше »
2019-6-21 05:00 | |
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Amazon Squashes Crypto Rumors as Hype Surrounding Facebook’s Libra Grows
In the past few months the world was shocked to hear that social media giant Facebook was entering the crypto markets with the release of their cryptocurrency dubbed Libra. Although Libra has been met with mixed opinions from both those within the crypto community and those outside of it, many analysts do believe it will. дальше »
2019-6-21 01:00 | |
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Metlife Chooses Ethereum Blockchain to Disrupt the $2.7 Trillion Life Insurance Industry
According to a Forbes article published on June 19, 2019, insurance giant Metlife is considering leveraging the Ethereum blockchain to disrupt the $2. 7 trillion life insurance industry. Simplifying Life Insurance The insurance industry is ill-reputed for its excessive paperwork and formalities that help move business operations along. дальше »
2019-6-21 23:00 | |
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Insurance giant MetLife to use Ethereum to revolutionize life insurance process claims
New York-based insurance company, MetLife, is planning to revamp the life insurance claims process by utilizing Ethereum’s blockchain. MetLife’s Singapore-based incubator, LumenLab, is partnering with Singapore Press Holdings, a media group, and insurance cooperative, NTUC Income, to release a smart contract platform built on Ethereum called Lifechain. дальше »
2019-6-21 22:30 | |
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QuadrigaCX Curtain Call Part 3: Private Jets, yachts, a major bombshell and maybe a biopic?
Ernst and Young, the audit giant, the court-appointed third-party monitor and now the bankruptcy trustee of the QuadrigaCX proceedings, released its fifth report on the QuadrigaCX episode. Part 1 & 2 of AMBCrypto’s coverage can be found here, and here. дальше »
2019-6-20 19:30 | |
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QuadrigaCX Curtain Call Part 2: Pseudonyms, fake accounts and several multi-million dollar transactions
Ernst and Young, the audit giant, the court-appointed third-party monitor and now the bankruptcy trustee of the QuadrigaCX proceedings, released its fifth report on the QuadrigaCX episode. Part 1 of AMBCrypto’s coverage can be found here. дальше »
2019-6-20 18:00 | |
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We ranked Google’s new search icons by how evil they look
In case you hadn’t noticed, Google got a facelift. Yep, the tech giant’s search page received some rather fancy new icons. Slap your peepers on this: While before there were just words, now there are words and images. дальше »
2019-6-20 17:54 | |
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Facebook may pull-out Calibra from India, world’s largest WhatsApp market; early warning signs?
It’s been less than 48 hours since Facebook unveiled its “cryptocurrency” Libra, which will operate on a private blockchain and have its own wallet. With the fiat currency-backed digital asset a year out from its official 2020 launch, the social media giant seems to have met its first major roadblock. дальше »
2019-6-20 17:30 | |
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QuadrigaCX Curtain Call Part 1: Gerald Cotten’s deviousness and the downfall of Canada’s largest crypto-exchange
QuadrigaCX is the gift that keeps on giving. The now-defunct Canadian cryptocurrency exchange has been at the center of a six-month-long controversy involving 650,000 ETH, a “Big-Four” auditor, a private jet, and the mysterious death of the man behind it all. дальше »
2019-6-20 16:30 | |
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Insurance Giant MetLife Set to Disrupt Life Insurance Using Ethereum Blockchain
Coinspeaker Insurance Giant MetLife Set to Disrupt Life Insurance Using Ethereum BlockchainMetLife’s Singapore-based incubator LumenLab has partnered with media corporation Singapore Press Holdings (SPH) and insurance company NTUC Income (Income) to roll out Ethereum-based smart contract platform known as Lifechain. дальше »
2019-6-20 14:59 | |
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Messaging app Line is reportedly launching a cryptocurrency exchange in Japan soon
Japanese messaging company Line Corp is reportedly gearing up to launch a cryptocurrency exchange, The report comes just days after fellow tech giant Facebook announced the launch of Libra. According to Bloomberg, which cites people close to the matter, Line could receive its license this month, with exchange operations expected to begin a few weeks after it gets the green light. дальше »
2019-6-20 14:34 | |
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Japan’s Line Reportedly Close to Obtaining FSA License for Japanese Crypto Exchange
LVC Corporation, the crypto- and blockchain-focused arm of Japanese messaging giant Line, is allegedly close to obtaining an FSA-issued crypto exchange operating license
дальше »2019-6-20 14:14 | |
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Facebook’s Crypto Libra May Kill Launch in India, Its Biggest Market: Report
By CCN Markets: Facebook’s cryptocurrency Libra is expected to change the way payments are made across the globe when it launches next year, but there’s one market that the social media giant might be giving a miss – India. дальше »
2019-6-21 13:26 | |
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Electronics Giant Samsung Prioritizes Blockchain in 10-Year Roadmap
By CCN Markets: Samsung Electronics vice chairman Jay Y. Lee has revealed a marked focus in future technologies – part of its 10-year strategy – with a focus on blockchain, artificial intelligence (AI), and 6G. дальше »
2019-6-21 13:08 | |
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Google open-sources cryptographic tool to keep data sets private
Poorly secured databases are a top privacy and security concern — and Google now wants to plug that leak. The internet giant has said it’s open sourcing Private Join and Compute, a new secure multi-party computation (MPC) tool designed to help organizations work together with confidential data sets. дальше »
2019-6-20 10:25 | |
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‘A Clear Threat’: Big Four Australian Bank Fears Facebook’s Crypto Libra
By CCN Markets: Facebook’s foray into cryptocurrencies with Libra has met with a ton of mixed reactions. While some are going gaga over the social media giant’s latest effort that’s supposed to enable cross-border payments at the tap of a button, the traditionalists are taking a dim view. дальше »
2019-6-21 10:21 | |
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New TokenOSTM Open Banking Platform Gets $16.5 Million Led by BNP Paribas’ Opera Tech Ventures
The venture arm of the banking giant BNP Paribas decided to join investors in a $16. 5 million investment on the fintech company Token. The information was released by the company in a press release uploaded on June 18. дальше »
2019-6-20 03:42 | |
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Google's Slow, Steady Approach To Blockchain Tech Adoption
Last week's partnership announcement with Chainlink was just the most recent blockchain-related move Google has pulled off in a string of similar business deals, suggesting the search engine giant and its data warehousing solution, BigQuery, are prepping for something big. дальше »
2019-6-20 23:50 | |
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Facebook’s Libra has the downside of volatility without the upside of investment, claims ex-Coinbase CTO
Primed as the “next big thing” in the intersection of the payments and technology industry, Facebook’s foray into the cryptospace took the market by storm, following its unveiling on June 18. дальше »
2019-6-19 19:30 | |
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IBM Upgrades Blockchain Network to Support Multi-Cloud
Technology giant, IBM has announced the launch of its distributed ledger technology (DLT) platform called Multicloud. The firm says its platform is designed to run on other cloud platforms including Azure and Amazon Web Services (AWS), according to a report by Ledger Insights on June 18, 2019. дальше »
2019-6-19 17:02 | |
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Facebook’s Libra raises money laundering concerns associated with crypto again
Facebook has been garnering a lot of news lately, with the introduction of Project Libra, which is speculated to become an e-commerce tool for the social media giant’s millions of users. However, it is speculated that like Bitcoin, Facebook’s coin could also be used for anti-social activities like money laundering, terror financing etc. дальше »
2019-6-19 13:00 | |
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Google wants to be a ‘good neighbor’ by pledging $1B to Bay Area housing
San Francisco is home to the tech elite, and is one of the most expensive places to live in the world, thanks to scores of tech firms moving in over the past couple of decades. Now, Google wants to make it a little more affordable. дальше »
2019-6-19 11:15 | |
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Facebook’s Crypto Libra & Corporate Blockchains: Existential Threats to Bitcoin?
By CCN Markets: When we think of Facebook entering the crypto space with Libra, we need to consider it holistically. There’s a lot more going on here than some social networking giant splashing around in the crypto space. дальше »
2019-6-19 09:45 | |
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Samsung is reportedly preparing to launch its Galaxy Note 10 in August
CNET reports that Samsung is gearing up to unveil its Galaxy Note 10 phone on August 7 at the Barclays Center in New York. That lines up with the Korean firm’s usual annual schedule for Galaxy Note launches – but it’s possible that the date might change, seeing as how August is still a while away. дальше »
2019-6-19 08:52 | |
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Facebook’s Libra sparks concerns among European financial institutions
Following Facebook’s unveiling of its stable cryptocurrency, not only did top crypto influencers criticize the plan, but some European officials immediately called for deep scrutiny of the project, as reported by Bloomberg. дальше »
2019-6-19 00:54 | |
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Libra greeted with mixed reactions as Facebook takes a giant leap into the cryptocurrency space
Facebook, the social media giant, is the newest member of the crypto world after it officially launched its whitepaper on its website today. Facebook introduced its cryptocurrency, Libra, which will be built on the Libra blockchain. дальше »
2019-6-18 21:30 | |
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Facebook’s Crypto Already Embroiled in Political Turmoil
Facebook Goes Crypto For the longest time, social media giant Facebook has been rumored to be involved in the crypto and blockchain industry. But on Tuesday, these rumors were confirmed to be true with an. дальше »
2019-6-18 20:36 | |
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