Will the Chinese Yuan Be Included in Facebook’s Crypto Ever since Facebook unveiled its in-house crypto project, Libra, in June, economists and investors have been wondering what the basket backing the cryptocurrency will be composed of. Other than the fact that the U.S. dollar is likely to make up a...
Pro-Crypto Lazarus Group Called Out by Treasury If you were to search up a satellite image of North Korea, you would find darkness. Unlike the nation just south of the border, North Korea is barren of lights, being subject to power outages caused by sanctions, resource mismanagement, and so on...
OkEX Korea Drops Privacy Crypto Like Flies As first spotted by The Block, the Korean branch of crypto exchange giant OkEX has just taken a surprising move: it is planning to delist the five privacy coins it supports from its platform by December 10th. The cryptocurrencies affected are as follows:...
Germany Skeptical of Libra & Crypto Many in the crypto community were shocked in June when Facebook unveiled the firms backing Libra — Visa, Mastercard, PayPal, Uber, Spotify, Coinbase, Xapo, and countless other pro-innovation companies and investors. With so many prominent partners, isn’t it guaranteed that the cryptocurrency will succeed?...
In the first part of a three-part in-depth interview with top New York corporate attorney Felix Shipkevich, interactive investor cryptocurrency analyst Gary McFarlane finds out what he thinks about the stablecoins being developed by JPMorgan Chase, Wells Fargo and of course Facebook, and the issues they throw, such as compatibility...
In the second part of a major interview with top New York derivatives attorney Felix Shipkevich, Gary McFarlane discusses with him how he sees blockchain adoption developing and some of the obstacles still to be overcome. You can read the first part of this interview in which Felix addresses issues...
SEC Says Conclusion That Bitcoin is a Security is “Incorrect” The Bitcoin space has just experienced a watershed moment, at least from a legal standpoint. In a letter published on October 1st, 2019 — brought to the attention of cryptocurrency investors by Philip Liu of Arca, a crypto asset investment...
It isn’t a secret that when Facebook unveiled its crypto project, Libra, in June, a proverbial fire was lit under the rear ends of the world’s central banks, financial institutions, and governments. While expected to be backed 1:1 by the world’s leading fiat currencies, this blockchain network will be an...
Libra, the cryptocurrency project of Facebook, has just suffered a heavy blow according to a number of sources. According to a report from the Financial Times published Friday, both eBay, the e-commerce/online marketplace giant, and Stripe, a fintech giant, have dropped out of the Libra Association. Speaking to the outlet,...
Well here’s yet another breaking story. In a U.S. Securities and Exchange Commission (SEC) press release published on Friday afternoon, it was revealed that the agency has “filed an emergency action and obtained temporary restraining order” against two entities behind the Telegram ICO for the Telegram Open Network (TON). The...
On Wednesday, the cryptocurrency industry was brought to the mainstream with a story published by effectively every large major news outlet (The Verge, Bloomberg, Wall Street Journal, WIRED, and many, many more) being printed that Bitcoin (not Monero, surprisingly) had been an integral part of a child abuse video and...
For most of its nearly 11-year lifespan, Bitcoin has flown well under the radar of the U.S. government and other global regulators. Save for a few massive crime-stopping operations, the powers that be have kept their mouths shut on the subject matter. While regulators’ silence on the subject can be...
