June 24, 2019 Circle and Coinbase’s Centre Seeks to Form Consortium to Promote, Issue USDC Centre consortium founders Coinbase and Circle open invitations to other institutions wishing to issue USD Coin.…
June 24, 2019 Former Trump Economic Adviser Expresses Support For Facebook’s Libra A former economic adviser to the Trump administration has come out in support of Facebook’s Libra coin.…
June 24, 2019 Facebook Adds Senior Job Vacancy for Calibra Wallet on Careers Site A vacancy reveals that Facebook is searching for an “experienced analytics leader” to spearhead data science for its upcoming Calibra wallet.…
June 24, 2019 Researchers Uncover Threat of ‘Unusual’ Virtual Machine Crypto Mining Cybersecurity firm ESET has detected what it describes as an unusual and persistent cryocurrency miner distributed for macOS and Windows since August 2018.…
June 24, 2019 BIS: Facebook’s Foray into Cryptocurrency Poses New Risks for Banks The Bank of International Settlements warns that financial services offered by big tech firms such as Facebook, Google and Amazon could create new risks for the banking sector.…
June 24, 2019 Bitcoin Hits 15-Month High as Naysayers Double Down on ‘Dead Cat Bounce’ A rollercoaster weekend trading session saw BTC/USD retake levels not seen since March 2018. Bitcoin (BTC) was holding steady around $10,850 on June 24 after a fresh surge took it above $11,000 for the first time in over a year.Market visualization courtesy of Coin360Data from Coin360 showed a slight correction kicking in for bitcoin on Monday, markets consolidating gains after a dramatic weekend.BTC/USD had climbed as high as $11,230 in recent days, marking its best performance since early March 2018.The action did not go unnoticed, with mainstream media titles appearing to struggle with explaining the return of a cryptocurrency they had previously announced all but dead.Many quoted traditional finance sources who maintained that the current bull-run is doomed to fail and that bitcoin investors will ultimately lose everything in fiat terms.“Don’t get fooled by the dead-cat bounce this year,” Whitney Tilson, founder of Empire Financial Research and a former hedge-fund manager said quoted by Bloomberg.“Mark my words: A year from now, it will be a lot lower.…
June 23, 2019 Ethereum Co-Founder Criticizes Facebook’s Libra Token for Centralization Ethereum co-founder Joseph Lubin said that Facebook’s Libra is “like a centralized wolf in a decentralized sheep’s clothing.” Ethereum co-founder Joseph Lubin said that Facebook’s Libra token is like “a centralized wolf in a decentralized sheep’s clothing” in an article published on tech news outlet Quartz on June 21.The social media giant released the white paper for a its cryptocurrency dubbed Libra earlier this month to mixed reviews from experts in the cryptocurrency and blockchain industries and concern from government regulators.In his article, Lubin notes that Libra’s white paper describes feelings common among many in the cryptocurrency community.…
June 23, 2019 Bitcoin Falls Under $10,700 as Top Cryptos See Mixed Movements After crossing $11,000 recently, bitcoin has corrected downward to trade under $10,700. Monday, June 17 — Most of the top 20 cryptocurrencies are reporting mixed movements on the day by press time, as bitcoin (BTC) trades under the $10,700 mark.Market visualization courtesy of Coin360Bitcoin is currently down over 4.65% on the day, trading around $10,644 at press time, according to Coin360.…
June 22, 2019 ETH Hits 10-Month High as Crypto Markets See Solid Green Most of the top 20 cryptocurrencies are reporting moderate gains on the day as Bitcoin breaks $11,100 and ETH hits ten-month high.…
June 21, 2019 Grayscale’s Ethereum Security Now Listed on OTC Markets Grayscale Investments announced that its latest security, Grayscale Ethereum Trust, is open for trading on OTC Markets.…
