China's DCEP might not be the sole CBDC to launch this year

2020-2-13 02:30

CBDCs have been ruffling the feathers of regulators worldwide, eliciting concerns regarding the impact of their use and sale. Regardless of such concerns, however, many nations around the world have jThe post China's DCEP might not be the sole CBDC to launch this year appeared first on AMBCrypto.

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Aragon Community Members Voice Concerns About Ethereum 2.0 Mining Protocol Changes

Aragon, a decentralized app based on the ethereum network has opposed any changes to the Ethereum's mining protocol before the launch of 2.0 version. In October the Aragon network introduced community voting service where the Aragon token (ANT) holders can vote on important decisions in regards with the network and it also included the proposed […]

2019-11-5 21:36


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Libra Roundup: G7 Voice Concerns, Senator Adds Support, New Study Emerges

Today, G7 countries have documented their concerns about the impact of stablecoins on the global monetary system, US Senator Michael Rounds has offered fresh words of support, and a new survey has emerged on Libra adoption 67% of Nigerian Businesses Would Welcome Libra While Facebook’s intention to launch a global digital currency sparked reactions among governments and regulators in developed countries, no-one has bothered to ask the opinion of potential users, especially in developing countries.

2019-10-18 14:00


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Facebook’s Libra ‘cryptocurrency’ is turning into a soap opera — and it’s gonna be a long season

Facebook’s controversial ‘cryptocurrency’ project is turning into a bit of a soap opera, starring the tech giant and regulators as the main characters. Just yesterday, Germany’s finance minister Olaf Scholz said the departure of several high-profile partners from the project was a good sign, but unsurprisingly the Libra Association had a different take altogether.

2019-10-16 12:48


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An overview of Facebook’s ‘cryptocurrency’ supporters — who’s in and who’s out

Facebook sent the world into a frenzy when it announced its intention to enter the payments space with the launch of its controversial ‘cryptocurrency‘ Libra earlier this year. Initially, Facebook said it had garnered support from 28 companies, including some of the world’s top financial and technology giants.

2019-10-15 19:46


Bitcoin prepares for high volatility in the vicinity of Bakkt’s futures contracts launch

In only three days Bakkt will introduce its long-awaited Bitcoin futures contracts. As the date approaches, indicators predict that Bitcoin may soon experience high levels of volatility. Bakkt Bitcoin futures Following several delays due to regulatory concerns, Bakkt, a subsidiary of the Intercontinental Exchange (ICE), finally received the green light from the U.

2019-9-20 13:45


Facebook’s Libra Association Shrugs Off Regulatory Concerns, Prepares Launch for 2020

Bertrand Perez, the general director of the Libra Association, has expressed confidence that Facebook’s stablecoin will launch during 2020. Speaking to French publication Les Echos, Perez indicated that while the Libra Association is expecting talks with regulators to continue, the project is slated for launch during the second half of next year.

2019-9-14 20:21


Africa could emerge as the battleground between Facebook and China as digital currency race heats up

Ever since Facebook announced its plans to launch its own cryptocurrency, the world’s regulatory and financial space hasn’t been the same. However, the news cycle about Libra was soon overtaken by lawmakers and regulatory bodies voicing their grave concerns about the same, while also highlighting Facebook’s own problematic history.

2019-8-21 20:30


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Survey finds adults couldn’t care less about Facebook’s Libra ‘cryptocurrency’

Facebook Libra’s potential to help cryptocurrency go mainstream has been touted in recent weeks, but recent survey results indicate otherwise.   According to a poll conducted by CivicScience, which looked into general interest and public concerns surrounding Libra following the announcement of its launch, only five percent of 1,799 US adults surveyed expressed any level of interest in the proposed digital currency.

2019-7-24 19:09


‘Libra Is Screwed’: Industry Insiders Ring Death-Knell for Facebook’s Crypto

Blockstream chief strategy officer Samson Mow pulled no punches with Facebook’s much-hyped crypto, Libra. He is not the first industry insider to criticize the planned crypto launch, both industry experts and lawmakers are voicing concerns over the security of the open-source currency, and the potential censorship issues that come from the way it is being […] The post ‘Libra Is Screwed’: Industry Insiders Ring Death-Knell for Facebook’s Crypto appeared first on CCN Markets

2019-7-18 13:27


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U.S. Treasury Secretary Expresses Libra and Digital Asset Concerns

Steve Mnuchin, the secretary for the United States Treasury, held a press briefing to address the sudden storm of cryptocurrencies led by the announcement of Libra. Mnuchin, along with other bureaucrats, expressed scepticism over the launch of Libra, going as far as drafting a bill to keep tech companies out of finance, as reported byRead MoreRead More.

2019-7-16 13:21


Weiss Ratings Downgrades EOS Due to Centralization Concerns as Cardano (ADA) Looks to Shine

Weiss Ratings Downgrades EOS Rating EOS’s technology score has been downgraded by Weiss Ratings after several months in which the network didn’t do anything to improve its centralized network. According to Weiss Ratings, it is now up to Cardano (ADA) to launch a truly decentralized Proof-of-Stake (PoS) blockchain. EOS DOWNGRADE: #EOS has serious problems with […]

2019-6-8 19:36


Omisego Price Analysis: The long wait for value

The OMG token has enjoyed a recent period of upward price activity following a major testnet launch in mid-February and generally favourable market conditions. Medium and long term fundamental concerns still remain, however, with a market-ready product still appearing a long way off — and a token holding community still smarting from a series of broken roadmap promises.

2019-3-6 16:00


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Why Ethereum's DEX volume fell, and how it impacts your ETH holdings

Ethereum’s DEX volume cratered to its lowest level since February. This was due to the general decline in demand for the network. Daily trading volume on Ethereum’s [ETH] decentralized eThe post Why Ethereum's DEX volume fell, and how it impacts your ETH holdings appeared first on AMBCrypto.

Solana congestion continues despite 'normalcy' claims - What's going on?

Solana's transaction confirmation time rose to 10–20 seconds as of this writing. SOL slipped below $150, following a 7% drop in the last 24 hours. A prominent member of Solana [SOL] develoThe post Solana congestion continues despite 'normalcy' claims - What's going on? appeared first on AMBCrypto.

Ethereum starts to rally post Bitcoin halving: Key insights

ETH has risen 6% since the halving day. The total number of accounts longing ETH on Binance rose since halving. Bitcoin [BTC] halving seemed to have exerted significant upward pressure on EtThe post Ethereum starts to rally post Bitcoin halving: Key insights appeared first on AMBCrypto.

Why Ethereum is at a real risk of falling below $3,000

ETH was down more than 16% over the week. Selling pressure was dominant, with no signs of whale accumulation. The world's second-largest cryptocurrency, Ethereum [ETH], was witnessing intensThe post Why Ethereum is at a real risk of falling below $3,000 appeared first on AMBCrypto.

Why did Bitcoin drop last week? Hayes points to US taxes and tensions

Arthur Hayes blames BTC drop on liquidity issues and Middle East tensions.  Middle East tensions remain a key factor in the BTC’s short-term price action.  Bitcoin [BTC] had a positive pThe post Why did Bitcoin drop last week? Hayes points to US taxes and tensions appeared first on AMBCrypto.

How fast can Ethereum recover from its latest dip? Key indicators say...

Ethereum’s social activity has risen in the past 24 hours. However, bearish sentiments continue to climb. Leading altcoin Ethereum [ETH] has seen a spike in social activity following reporThe post How fast can Ethereum recover from its latest dip? Key indicators say... appeared first on AMBCrypto.

Bitcoin's $109M outflow: A dip in demand or something else?

The latest figures turned the tide after two consecutive week of inflows. Bitcoin accounted for 86% of the total inflows. Digital asset investment products recorded minor outflows last week,The post Bitcoin's $109M outflow: A dip in demand or something else? appeared first on AMBCrypto.