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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


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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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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Facebook Releases Libra Cryptocurrency Whitepaper; Crypto Community Reacts

On June 18, 2019, Facebook released the whitepaper of its highly-anticipated Libra cryptocurrency project, which is tipped to transform the blockchain and cryptocurrency industry forever. Libra Whitepaper According to the technical document, “Libra” will operate on Facebook’s in-house blockchain network called “Libra blockchain. дальше »

2019-6-18 14:12


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Facebook’s Libra ‘cryptocurrency’ is missing one thing: monetary policy

Facebook has outlined the economics of its new Libra cryptocurrency, revealing it will create a secondary token intended specifically to pay dividends to early backers. It’s called the Libra Investment Token, and it will only be available to members of the Libra Association (which maintains the network) and other accredited investors. дальше »

2019-6-18 13:52


Cryptocurrency Regulation Petition Started in India by Bitcoin Community to Accelerate Changes

It is fairly well known that the crypto community in India has suffered a number of setbacks due to various government regulations that have stalled the industry and forced several companies to leave the country or wind-up operations due to the harshness of the regulatory climate. Some details of a new bill called the “Banning […] дальше »

2019-6-17 16:53


Bitcoin Is A Bet Against Gold, Not Fiat Currencies, Precious Metals Proponent Argues

Long term gold proponent Peter Schiff is yet trying to school the crypto community over Bitcoin’s scarcity or the lack of it. The world’s top cryptocurrency, as we all know has a fixed, hard supply set at 21 million which is deflationary in nature, as every four years an event called Bitcoin halving occurs that […] дальше »

2019-6-16 21:02