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Facebook’s ‘cryptocurrency’ Libra may be in more trouble than we thought
Facebook‘s ‘cryptocurrency’ Libra may be in even deeper trouble than we thought if a recent report is anything to go by. According to the Financial Times, it seems that some of Facebook‘s early backers have been spooked by increasing regulatory scrutiny. дальше »
2019-8-23 14:41 | |
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Facebook Faces Fresh EU Scrutiny As WhatsApp Edges Closer To Mobile Payments
The European Union is actively probing Facebook’s Libra digital currency project for competition law violations, mainstream media report. Facebook’s Libra Has ‘Potential Anti-Competitive Behavior’ According to Bloomberg, which cited official correspondence August 20, the European Commission is quizzing Libra participants via a dedicated questionnaire. дальше »
2019-8-21 14:00 | |
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Google stops sharing your network data with carriers over privacy concerns
For once, Google is putting an end to a data collection practice before it attracts closer inspection from lawmakers and regulators. Reuters is reporting that Google has shut down its Mobile Network Insights service over concerns that “sharing data from users of its Android phone system might attract the scrutiny of users and regulators. дальше »
2019-8-19 15:42 | |
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Digital silver under attack
Litecoin's recent halving was a big day on the crypto calendar, but the event has only served to put the coin under scrutiny after private chats were leaked suggesting that development progress has stalled. дальше »
2019-8-15 16:00 | |
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Humans have been listening to our ‘AI-transcribed’ conversations for over a decade
It was a scandal. Third-party contractors, many working from places where data protection legislation is lax (or even non-existent), were listening and transcribing recordings of conversations from people who unwittingly believed robots were doing all the work. дальше »
2019-8-14 14:18 | |
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Charlie Lee refutes that Litecoin is “being abandoned,” active development continues
Charlie Lee asserted Litecoin development is alive and well. Meanwhile, reports based on the project’s GitHub numbers suggest it is “being abandoned. ” GitHub numbers suggest Litecoin is being abandoned? Litecoin has continued to receive scrutiny for its perceived lack of new code development. дальше »
2019-8-12 14:21 | |
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Binance US Evaluating 30 Crypto Assets, Bitcoin and Ethereum Under Scrutiny?
An announcement earlier in the year that Binance would be shutting out US-based investors instead ushering them to a US-based exchange that was sans the majority of the altcoins the exchange is known for, caused crypto investors to panic, wondering where they’d trade their Bitcoin and Ethereum moving forward. дальше »
2019-8-10 22:46 | |
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Facebook, stop trying to make Libra happen
Just when we thought Facebook’s Libra couldn’t be subject to any more scrutiny, it turns out that data protection bosses from all over the world have banded together to share concerns about the ‘cryptocurrency’s’ potential privacy risks. дальше »
2019-8-6 14:49 | |
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Bitwise Report Elaborates on How Facebook’s Libra Project Pushed Bitcoin’s Development by Three Years
Bitwise — a U. S. cryptocurrency index fund provider — recently released a study in which it claimed that Facebook’s upcoming stablecoin offering Libra has accelerated BTCs progress by a little over three years. дальше »
2019-8-3 18:40 | |
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Analyzing the Current State of Tether and USDT
Every project active in the cryptocurrency and blockchain industry will be scrutinized sooner or later. In the case of Tether, there has been a fair amount of scrutiny at virtually every turn. Especially now that everyone’s favorite – or most-hated – stablecoin is migrating to even more blockchains, significant concerns have arisen. дальше »
2019-8-3 03:30 | |
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The Feds Are Coming for Amazon but Not for the Reason You Think
While the Department of Justice launches investigations into giant technology companies for anticompetitive practices, one might think Amazon would be deserving of additional scrutiny. After all, Amazon has put countless companies out of business and has been crushing the competition, as its revenue is now half that of Walmart’s. дальше »
2019-8-3 02:20 | |
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Bitwise: Facebook’s Libra accelerated Bitcoin’s progress by three years
U. S. cryptocurrency index fund provider Bitwise Investments said that Facebook’s Libra has accelerated crypto’s progress by three years. Despite the increased industry scrutiny, the increased attention toward Bitcoin is working to its advantage. дальше »
2019-8-3 23:22 | |
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Ripple CEO says Facebook went too far with Libra
Brad Garlinghouse, the CEO of Ripple, said that Facebook was responsible for the scrutiny and criticism it encountered from regulators. In an interview with Bloomberg TV, Garlinghouse said that the company went “too far” in its whitepaper by stating Libra was going to become a “new currency. дальше »
2019-8-1 03:58 | |
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US Congressional Hearings: Lawmakers Acknowledge A Bitcoin Ban Is Impossible, Even If They Tried
Bitcoin has seen an impressive bull run this year, rising by more than 200% from 2018 lows. However, since Facebook unveiled plans to develop its own digital currency, Libra and regulators poured cold water on these plans, bitcoin has been bearing the brunt of increased scrutiny by lawmakers. дальше »
2019-7-31 18:16 | |
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Regulatory Pressure Could Prevent Facebook’s Libra from Launching
The intense scrutiny from regulatory agencies, governments, and central banks globally regarding Facebook’s Libra, could just be the end of the company’s stablecoin project. According to a report by CNBC, Facebook revealed in a recent filing with the U. дальше »
2019-7-31 13:29 | |
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Facebook Warns of “No Assurance” Libra will be made Available on Time, if “At all”
In the risk factors section of the Q2 report, the social media said that it recognizes the significance of the pushback from regulators and lawmakers since the project was announced in June. “Libra has drawn significant scrutiny from governments and regulators in multiple jurisdictions and we expect that scrutiny to continue,” Facebook said in its […] дальше »
2019-7-30 17:06 | |
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‘Arrogant’ Facebook Sabotaged Itself With Libra Approach, Claims Ripple Chief
Ripple CEO Brad Garlinghouse has stated that the high level of scrutiny that Facebook has invited from regulators and policymakers with regards to the Libra cryptocurrency efforts is of the social media giant’s own making. дальше »
2019-7-30 14:24 | |
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Korea’s ‘Big 4’ Bitcoin Exchanges Facing Strict AML Scrutiny from Banks
The latest news emerging from South Korea indicates that Bitcoin exchanges are facing a surprisingly increased level of scrutiny of commercial banks amid the renewal of banking services. The revelation comes as the intergovernmental Financial Action Task Force (FATF) continues to urge countries to enact stricter regulatory controls over the crypto industry. дальше »
2019-7-30 13:00 | |
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Crypto Giants Raise Nearly $800 Million Using BnkToTheFuture Platform
Coinspeaker Crypto Giants Raise Nearly $800 Million Using BnkToTheFuture PlatformCrypto fims leverage the Special Purpose Vehicles (SPVs) facilitated by the Bnk to the Future platform, an offshore company, without exposing themselves to the regulatory scrutiny. дальше »
2019-7-26 10:14 | |
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The best way to make money out of Libra? Put a bet on it not launching on time
Facebook’s digital currency Libra is looking less and less likely to launch next year as originally planned. Policy expert, Angela Walch from University College London’s Centre for Blockchain Technologies told Quartz: “The odds that Libra receives regulatory approval anytime soon (ie, in the next six-12 months) are quite low. дальше »
2019-7-25 15:44 | |
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Swiss Data Commissioner Awaiting Information Request Response from Facebook’s Libra Project
The Swiss Federal Data Protection and Information Commissioner (FDPIC) is still awaiting additional requested information from Facebook’s cryptocurrency project Libra reports Reuters, July 23, 2019. This Time, It’s The Swiss Libra is Facebook’s endeavor into the cryptocurrency industry, which it announced just over a month ago, has been subject to mountains of scrutiny and debate,Read MoreRead More. дальше »
2019-7-24 13:00 | |
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Bakkt Confirms Bitcoin Futures Testing has Begun
After long delays due to regulatory scrutiny, the Bakkt futures platform from the Intercontinental Exchange (ICE) has confirmed that product testing has started. As per a tweet from the company, daily and monthly futures will begin testing with participants from all over the world, July 22, 2019. дальше »
2019-7-23 15:00 | |
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Is Facebook’s Libra likely to intensify regulatory scrutiny on Bitcoin?
Facebook’s Libra continued to grace the headlines, with high-stakes questions regarding its potential risks continuing to dominate the news. Libra’s extensive scrutiny had corrected the crypto-market significantly, with rumors suggesting that the contentious project would lead to tighter regulatory surveillance over Bitcoin and the cryptocurrency industry. дальше »
2019-7-21 03:30 | |
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Bank of Thailand’s Governor claims appointment of special task force to weigh pros and cons of Libra
Facebook’s Libra has been at the center of scrutiny and skepticism among policymakers from around the globe. Many have even gone on to ask for a complete halt of the project, including many lawmakers during the two-day Congressional hearing. дальше »
2019-7-20 03:30 | |
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Breaking Down The Facebook Libra Hearings
Facebook’s libra is under the scrutiny since pretty much everyone is freaking out that a company that’s run by a fun-sized Chucky doll is jumping in the cryptocurrency water. Watch the video to see the latest news on Facebook Libra hearings at House Financial Services Committee. дальше »
2019-7-20 21:57 | |
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What the CFTC investigating BitMEX could mean for the Bitcoin and crypto market
The Commodities and Futures Trading Commission (CFTC) has started an investigation into BitMEX, the largest margin trading platform in the crypto market, according to a Bloomberg report. BitMEX, along with other major margin trading platforms, have not allowed U. дальше »
2019-7-20 15:00 | |
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What the CFTC investigating BitMEX could mean for bitcoin and crypto market
The Commodities and Futures Trading Commission (CFTC) has started an investigation into BitMEX, the largest margin trading platform in the crypto market, according to a Bloomberg report. BitMEX, along with other major margin trading platforms, have not allowed U. дальше »
2019-7-19 15:00 | |
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Bitcoin Isn’t Going Away – What Congress Needs to Understand About Cryptos
With Libra under intense scrutiny, U. S. lawmakers are having to understand the difference between bitcoin and Facebook’s crypto project. Bitcoin is Already a Regulated Space Speaking to CNBC, Meltem Demirors, Chief Strategy Officer (CSO) at CoinShares, highlighted the already regulated nature of the bitcoin space. дальше »
2019-7-19 23:00 | |
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This Goldbug Boasts That HE Caused the Bitcoin Price Crash
Goldbug Peter Schiff boasts that he has cracked the case of the plunging Bitcoin price. No, it wasn’t the US government’s sudden crypto scrutiny that triggered the decline – it was Peter Schiff himself! Schiff, the CEO of investment firm Euro Pacific Capital, advised a YouTube audience on Monday to buy silver and sell Bitcoin. дальше »
2019-7-18 14:54 | |
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Congressional leaders draft bill that proposes to ban big tech firms from launching digital currency
Facebook’s upcoming stable coin Libra seems to have caught the regulators and policymakers around the globe off-guard. Ever since its official announcement back in June, Libra has been subjected to tons of scrutiny, calls for the halt of the project, and in certain cases even outright ban. дальше »
2019-7-14 10:00 | |
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Comparing Bitcoin (BTC) Trading with Gambling
There has been an influx of investment into the cryptocurrency space and more people have started trading bitcoin despite a lack of knowledge or experience. Such traders have come under scrutiny because of this reckless attitude. дальше »
2019-7-10 05:00 | |
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Bitfinex Holds On to 27% Of Revenue from Tokinex to Buy Back LEO Token
Bitfinex has been the subject of scrutiny from the public as their funds are locked up with Crypto Capital. A recent blog post announced that Bitfinex would be purchasing outstanding LEO to burn. The Tokinex platform was developed by Bitfinex as a way to launch initial exchange offerings, though it is now finding a different […] дальше »
2019-7-9 22:52 | |
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Nouriel Roubini back to old ways; says crypto-industry is ‘full of scammers and small criminals’
Bitcoin and the rest of the cryptocurrency market have always been subject to scrutiny and abject criticism by its critics. These comments have not just targeted major coins like Bitcoin and Ethereum, but almost all other digital assets on the charts as well. дальше »
2019-7-6 16:00 | |
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Invstr CEO: Facebook Will Have Anticipated Regulatory Scrutiny Over Crypto Effort
The CEO of a social investment firm believes that Facebook will have anticipated regulatory scrutiny. Kerim Derhalli of Invstr says recent issues for the social media giant will have prepared it well to deal with lawmakers with regards the crypto asset project. дальше »
2019-7-4 02:00 | |
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Crypto Whales Move $444 Million Worth of Bitcoin, Tether Comes Under Scrutiny For Manipulating BTC Prices
Bitcoin prices have been showing an upward trend throughout the year and now it is well-positioned to achieve its all time high price by the end of the year. The rise in prices is often followed by huge Whale movements and that has been the case every time Bitcoin breaks a key upper resistance level […] дальше »
2019-6-30 17:59 | |
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Bitcoin, Crypto Assets and Libra Attracting Strict Regulatory Scrutiny
Bankers, government officials, and regulators all over the world are feeling increasingly alarmed by the disruptive capabilities of Bitcoin, cryptocurrencies and blockchain technology. Facebook’s recently launched “cryptocurrency”, Libra, is the latest cause of fury, angst, and fear amongst regulatory bodies. дальше »
2019-6-29 22:33 | |
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Can Blockchain Offer Protection for Most Personal Patient Data?
In today’s world, the privacy of data is paramount, causing people to demand protection of their data on social media sites, for example. But there is a far more critical sector that is not undergoing the same scrutiny when it comes to data and information – the health sector. дальше »
2019-6-27 18:57 | |
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Fed Chairman Swears ‘Very High’ Scrutiny Against Facebook’s Crypto Libra
Federal Reserve Chairman Jerome Powell said his agency – as well as the rest of the federal government – will be looking carefully at Facebook’s Libra cryptocurrency. The Unspoken Advantage of Large Companies Entering Crypto He promised that Facebook would be held to very “high” standards, implying that the social media giant should be able […] The post Fed Chairman Swears ‘Very High’ Scrutiny Against Facebook’s Crypto Libra appeared first on CCN Markets дальше »
2019-6-27 15:21 | |
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Fed Chairman Swears 'Very High' Scrutiny Against Facebook's Crypto Libra
Federal Reserve Chairman Jerome Powell said his agency – as well as the rest of the federal government – will be looking carefully at Facebook’s Libra cryptocurrency. The Unspoken Advantage of Large Companies Entering Crypto He promised that Facebook would be held to very “high” standards, implying that the social media giant should be able […] The post Fed Chairman Swears 'Very High' Scrutiny Against Facebook's Crypto Libra appeared first on CCN Markets дальше »
2019-6-28 15:21 | |
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Facebook’s Libra partners remain cautious amid growing scrutiny from regulators
Facebook‘s Libra partners have reportedly signed non-binding agreements, meaning they’re not obliged to promote or use the digital token and can abandon the project if they decide to do so. According to the New York Times, which cites anonymous executives from seven of Facebook‘s partners, some of the companies are being cautious about associating themselves too closely with Libra due to the company’s ongoing issues with regulators. дальше »
2019-6-26 11:25 | |
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As Global Regulators Demand More Insights Into Facebook’s Libra, Switzerland Remains Calm
Coinspeaker As Global Regulators Demand More Insights Into Facebook’s Libra, Switzerland Remains CalmFacebook's Libra project is drawing scrutiny from global regulators soon after the announcement last week. дальше »
2019-6-26 10:22 | |
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Korean Crypto Exchanges Face Backlash, Could it Stunt Bitcoin's Run?
According to Business Korea, hundreds of minor crypto exchanges in South Korea could run smack into heightened scrutiny for failing to abide by proposed enhanced know-your-customer (KYC) regulations, which would require exchanges to only provide services to users with "real-name accounts" issued by local financial institutions. дальше »
2019-6-25 22:54 | |
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FB to bid goodbye to ‘Libra’? Trademark issues ensue in South Korea
Seems like there is no light at the end of the tunnel for Facebook as more problems brew for its cryptocurrency Libra. With the cryptocurrency already facing regulatory scrutiny across the globe, it has reportedly fallen into another pit as trademark issues emerge in South Korea, according to local media. дальше »
2019-6-21 21:05 | |
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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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The only person with the power to fire Zuckerberg is Zuckerberg himself
The revolt against Facebook is gathering momentum, but CEO Mark Zuckerberg can rest easy for the time being. Amid calls for more scrutiny over Facebook‘s business practices in the wake of one privacy mishap after the other, shareholders of the company made a case for Zuckerberg’s ouster as Facebook‘s chairman. дальше »
2019-6-5 09:45 | |
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