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US is About to Crackdown on Entire Bitcoin Industry: Mati Greenspan
The United States government is about to crack down on the entire bitcoin industry, according to Mati Greenspan of eToro. The senior market analyst tweeted on Monday that Treasury Secretary Steven Mnuchin’s remarks on Facebook’s controversial payment project, Libra, is alarming for the entire cryptocurrency sector. дальше »
2019-7-16 16:00 | |
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US Committee Plans to Ban Facebook Cryptocurrency Libra
The House Financial Services Committee in the United States is set to discuss the future of Facebook’s upcoming cryptocurrency, Libra, on Tuesday. The head of the committee, Democratic Congresswoman Maxine Waters, last week proposed legislation which details rules that would ban Facebook and other technology firms from developing and launching financial services. дальше »
2019-7-16 15:00 | |
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The United States Seeks to Prohibit Big Tech from Banking and Finance
A copy of draft legislation barring big tech from entering the banking industry and providing financial services has been doing the rounds. It is believed that this draft has been circulated amongst the House Financial Services Committee’s Democratic majority. дальше »
2019-7-16 11:00 | |
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With Facebook’s Libra Congress Hearings Imminent, Will Bitcoin Price Plummet or Foray Higher?
Facebook’s Libra has been knee-deep in criticism ever since it was unveiled. Another hurdle that Facebook is currently facing is testifying during US governmental hearings. David Marcus, the head of the Calibra wallet, will be testifying before the Senate Banking Committee and the House Financial Services Committee on Tuesday 16th and Wednesday 17th respectively. дальше »
2019-7-16 10:24 | |
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Crypto Twitter: Mnuchin’s BTC Remarks Are ‘Complete & Total Validation’
Whether they admit it or not, the crypto community has been on pins and needles since President Trump tweeted his dislike for bitcoin. Treasury Secretary Steven Mnuchin held a press conference at the White House dedicated entirely to cryptocurrencies today, and crypto Twitter was on the edge of its proverbial seat. дальше »
2019-7-16 22:10 | |
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U.S Government Seeks to Ban Facebook, Others, from Financial Services including Cryptocurrency
In what can only be interpreted as a crackdown on the growth of digital assets in the United States, the House Financial Services Committee’s Democratic majority is currently circulating a new proposal for discussion. дальше »
2019-7-16 20:08 | |
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What Congress May Want To Know About Facebook's Libra
With Facebook set to meet with the Senate on Tuesday and the House on Wednesday, Washington insiders report that lawmakers will be interested in Libra's classification as a possible exchange-traded fund, what Facebook will do to ensure user privacy, and what the Swiss headquarters of the Libra Association will mean for US oversight of the project. дальше »
2019-7-16 18:45 | |
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House Committee Discusses Preventing Big Tech Companies From Issuing Crypto
Members of the House Financial Services Committee are discussing the possibility of introducing legislation that would bar large technology institutions in the US from issuing cryptocurrencies.
дальше »2019-7-16 18:36 | |
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PRIME CHEAP: A 4K Fire TV Stick For $25? This must be a mistake
Welcome to PRIME CHEAP, our series about things that are good, cheap, and part of Amazon’s Prime Day sales. Hey, we gotta eat too. Media streamers are great. That’s all there is to it. Of all the recent(-ish) advances in consumer technology, they have to be one of my favorite. дальше »
2019-7-15 11:05 | |
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Why Congress’ New Draft Bill Is Bullish For Bitcoin
US lawmakers are mulling a new bill that will boost bitcoin and prohibit tech monopolies from launching their own cryptocurrencies. The draft discussion has surfaced ahead of Facebook’s scheduled congressional hearing this week on the Calibra crypto project. дальше »
2019-7-14 15:00 | |
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Trump’s Fed Pick Isn’t Just a Gold Bug – She’s Also a Crypto Bull
White House economic adviser Judy Shelton made headlines last week after President Donald Trump nominated her to the Federal Reserve Board of Governors. The mainstream press and finance industry were surprised to learn Trump’s Fed pick is a “gold bug. дальше »
2019-7-14 00:15 | |
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Angry Investors Burn down Bitcoin Ponzi Scheme Operator’s Home
Angry South African investors who lost millions of dollars in the now-defunct Bitcoin Ponzi scheme called “Bitcoin Wallets” have looted and burned down the house of Sphelele Sgumza Mbatha, the operator of the scam project, reports the Verge on July 12, 2019. дальше »
2019-7-13 21:00 | |
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Mnuchin Warns US Debt Ceiling Near, Wants Spending Spigot Open
U. S. Treasury Secretary Steven Mnuchin warns the United States might max out its credit limit in September. If that happens, the federal government will not be able to pay some of its bills. In a letter to House Speaker Nancy Pelosi (D-Calif. дальше »
2019-7-13 00:50 | |
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Why Ivanka Is the Ticket to Influencing Trump on Bitcoin
If there's one person who has been by Donald Trump's side throughout much of his life, it's his daughter, Ivanka. From being a judge on his hit series The Apprentice to serving as an advisor to her father in the White House, Ivanka seems to have the president wrapped around her finger. дальше »
2019-7-13 23:00 | |
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Amazon's Child-Sized Robot Will Stalk You Throughout Your Entire House
Bloomberg reported Friday that Amazon is ramping up work on its home robot. The robot initiative is internally code-named "Vesta" after the ancient Roman goddess of hearth and home. That sounds heart-warming. дальше »
2019-7-13 21:24 | |
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Enraged South African Bitcoin Scam Victims Burn Down The House Of Alleged Scammer
You don’t mess with Bitcoin investors from Ladysmith or, maybe, well, you do, but your house gets torched. After several South Africans lost their money to a Bitcoin Ponzi scheme in the rural town of Ladysmith, they decided to torch the house of the alleged mastermind of the crime, Sphelele “Sgumza” Mbatha. According to reports, […] дальше »
2019-7-12 01:40 | |
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Facebook’s Libra crossed the Atlantic to Switzerland for regulatory certainty, claims US Congressman
Facebook crossed the Atlantic, leaving US Congressmen pointing fingers. Libra, the cryptocurrency project launched by Facebook could be left in the docks before it sets sail for Switzerland. After running into harsh winds at the hands of Jerome Powell, Federal Reserve Chair during his hearing before the House Financial Services Committee, the prospects for Facebook […] The post Facebook’s Libra crossed the Atlantic to Switzerland for regulatory certainty, claims US Congressman appeared first on AMBCrypto. дальше »
2019-7-11 18:30 | |
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Furious Bitcoin scam victims torch alleged Ponzi mastermind’s house
Angry victims have looted and torched the home of a man who reportedly operated an alleged Bitcoin Ponzi scheme in South Africa. Firefighters in Ladysmith, approximately 365 kilometres south of Johannesburg, were called to Sphelele “Sgumza” Mbatha’s house on Wednesday afternoon after several angry citizens set the building on fire. дальше »
2019-7-11 13:23 | |
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Angry African Investors Scorch $130,000/Day Bitcoin Scammer’s Property
As the dreams of South Africans who put their money in Bitcoin Wallet hoping to double their money in 15 working days went up in smoke, so too did the property of the alleged operator of the cryptocurrency scam. дальше »
2019-7-11 12:29 | |
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Fraudsters fined $360,000 for running bogus Bitcoin trading ring, impersonating CFTC
A Texas federal court has granted a motion for a default judgement against two individuals who solicited money by fraudulently representing the US Commodity Futures Trading Commission (CTFC) in a bid to extract Bitcoin from investors. дальше »
2019-7-11 11:49 | |
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Altcoins fall below key support levels
The cryptocurrency market crashed by a strong margin with many altcoins falling below key levels. At press time, the collective market cap stood at $311 billion. The latest bearish trend came right after the US Federal Reserve chairman, Jerome Powell’s latest comment before the US House of Representatives Financial Services Committee, where he warned that Facebook’s Libra […] The post Altcoins fall below key support levels appeared first on AMBCrypto. дальше »
2019-7-11 11:00 | |
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Libra cannot go forward until Facebook addresses serious concerns: Federal Reserve Chair
You’ve been blocked? Less than a month after being formally unveiled, Facebook’s cryptocurrency project has run into its biggest roadblock. Jerome Powell, the Chair of the United States Federal Reserve stated that Libra ‘cannot go forward,’ until serious concerns regarding its working are addressed by the social media giant. дальше »
2019-7-11 10:00 | |
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Facebook Assures Senate Committee That They Will Play by the Rules
David Marcus, the head of Calibra, wrote a letter to the House Financial Services Committee solidifying Facebook’s stance that they will ensure customer privacy and are taking their time to roll out Libra, allowing it to be done correctly, as reported by The Hill. дальше »
2019-7-10 13:00 | |
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Winklevoss Twins: 'It's the Bottom of the First Inning' for Bitcoin
Cameron and Tyler Winklevoss have big plans for the crypto exchange, Gemini, not to mention their expectations for bitcoin. In a panel discussion with "Bitcoin Billionaires" author Ben Mezrich and The Wall Street Journal's Paul Vigna, the Winklevosses discussed bitcoin and the crypto landscape. дальше »
2019-7-10 05:35 | |
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US tip-off leads to arrest after man buys child abuse imagery with cryptocurrency in Australia
An Australian man has been charged after authorities linked him to a cryptocurrency account used to buy child exploitation material. An investigation, following a tip off from US authorities in December last year, traced the account back to a 27-year-old man from Sydney. дальше »
2019-7-9 12:09 | |
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Economy Too Strong for a Rate Cut, Says Ex White House Official
The Dow Jones and the broader U. S. stock market were in solid form in the first half of 2019 despite geopolitical tensions on several fronts. The Dow and the S&P 500 hit new highs a week ago thanks to the Federal Reserve’s dovish monetary policy outlook. дальше »
2019-7-9 23:15 | |
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Ripple Boost: ECB Changes To White House Links, Will XRP Recover?
Ripple (XRP) retesting 40 cents, stable in the last day Change of leadership at ECB could be supportive for Ripple and blockchain in general Christine Lagarde will take over from Mario Draghi as the head of ECB. дальше »
2019-7-9 20:00 | |
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“Fickle Fallible” Donald Trump Will Make Bitcoin Global Currency: Lopp
Bitcoin does not need to do anything to become a global reserve currency until Mr. Donald Trump is in command at the White House. That is what Jameson Lopp of CASA said on Friday in response to the President Trump’s call to manipulate the value of the US dollar. дальше »
2019-7-5 17:00 | |
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Circle CEO shares a piece of advice for Rep Maxine Walters; supports Libra initiative
A halt in the development of the controversial Libra stablecoin was called by Democrats from the U. S. House of Representatives due to the concerns relating to Facebook’s past records with privacy and protection related to its users. дальше »
2019-7-5 03:03 | |
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The Swiss Are Onto Something: Facebook, Libra and the Case for Decentralization
A recent letter from the U. S. House of Representatives to social media giant Facebook has crypto users speculating feverishly. The implications of the letter, and Calibra CEO David Marcus’ recent response, will inform the future of money not only in America, but worldwide. дальше »
2019-7-4 14:20 | |
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Trump Trade Adviser Says Two Catalysts Could Send the Dow to 30,000
White House Trade Adviser Peter Navarro told CNBC that the Dow Jones Industrial Average could hit 30,000 if a couple of factors come to pass. He said: “The two things that really have to happen in the short run to get us Dow 30,000, and above are going to be passing the U. дальше »
2019-7-4 23:45 | |
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Bitcoin’s long-term market sentiment strong, despite decline in crypto-related tweet volume
The huge FOMO that catalyzed the crypto-market with a massive rally has cooled down. So did the tweet volume for Bitcoin and other cryptocurrencies. Facebook’s ambitious Libra project was again in the news following the latest letter issued by Democrats in the U. дальше »
2019-7-3 21:30 | |
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US Congress Requests Moratorium on Facebook’s Libra Stablecoin
The U.S. House of Representatives Committee on Financial Services requested that Facebook imposes a moratorium on the development of its stablecoin
дальше »2019-7-4 20:58 | |
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Facebook’s Calibra might have shifted policymakers’ attention to cryptos, says Circle’s Jeremy Allaire
Circle’s Co-founder and CEO, Jeremy Allaire, spoke about the current scenario of Bitcoin and other cryptocurrencies and the letter from the U. S. House of Representatives regarding the development of Facebook’s Libra. дальше »
2019-7-3 20:30 | |
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Members of US Congress demanding Facebook put Libra on hold
Four members of the House of Representatives sent a letter to Facebook calling for an immediate moratorium on its cryptocurrency Libra, saying both regulators and Congress needs more time to investigate the risk it could pose to the global economy. дальше »
2019-7-3 19:16 | |
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Congress Demands Facebook Halt Work on the Libra Cryptocurrency
High-ranking legislators in Congress have issued a thundering rebuke to Facebook’s cryptocurrency ambitions, demanding that the Mark Zucker-berg led firm “immediately cease” work on Libra until the government says otherwise. дальше »
2019-7-3 18:31 | |
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4 US House Reps Open Letter: Facebook’s Libra Has ‘Serious Privacy and Monetary Policy Concerns’
As many of our regular readers may already be aware of, Maxine Waters — Chair of the House Financial Services Committee — recently called for a meeting to discuss the development of Libra, Facebook’s much-hyped cryptocurrency offering. дальше »
2019-7-3 16:29 | |
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Dutch Authorities Set to Draft Stricter Anti-Money Laundering Laws
In a bid to make it harder for drug traffickers, fraudsters, and other bad actors to launder money both in the form of cryptocurrency and fiat, the Netherlands’ Minister of Finance, Wopke Hoekstra, and Minister of Justice, Joseph Grapperhaus, have submitted new anti-money laundering (AML) proposals to the nation’s Lower House of Parliament, according toRead MoreRead More. дальше »
2019-7-2 19:00 | |
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Bitcoin Set For Massive Growth as New Futures Platforms Enter the Market
Bitcoin figures are eyeing the potential for a massive institutional investment boost in Q3, as Binance, ErisX and Bakkt get ready to launch their own bitcoin derivative platforms. Binance, ErisX To Offer Bitcoin Futures As BTC comes off its record-breaking trading volumes and the price settles below $10,000, derivatives clearing house ErisX and cryptocurrency exchange Binance have both announced plans for futures trading. дальше »
2019-7-2 13:15 | |
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This AI is so goddamn smart, it can name other AIs
AI models are wonderful and weird. Some of them can create videos from just one image, and some can stop your cat from getting inside a house with prey in its mouth. But we have to admit, these models don’t have sassy names. дальше »
2019-7-2 13:12 | |
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CHEAP: Show your smart house who’s boss with a Google Home Hub for only $79
Welcome to CHEAP, our series about things that are good, but most of all, cheap. CHEAP! If there’s one downside to using smart speakers, it’s the lack of a screen. As useful as it is to vocally give commands to something, humans are innately visual creatures, and there’s a lot of information we process better in that way. дальше »
2019-7-2 13:06 | |
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Facebook’s Libra: House and Senate’s PRs suggest increasing appetite for regulatory regimes
Apart from Bitcoin’s monumental rise recently, Libra has undoubtedly been one of the hottest topics in the cryptocurrency space. The coin that is expected to make its debut in the first half of 2020 saw the disapproval of several regulatory bodies as soon as it was introduced. дальше »
2019-6-28 21:30 | |
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Pro-Bitcoin Presidential Candidate Andrew Yang to Shake Up Democratic Debate
Andrew Yang is the most crypto-friendly presidential candidate ever to mount a serious campaign for the White House. And he’s about to go toe-to-toe with the DNC establishment as the second night of Democratic debates kicks off on Thursday, featuring a stacked field of candidates. дальше »
2019-6-28 16:26 | |
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Grant Cardone, Founder Of 10X, Offers Bitcoin’s Satoshi Nakamoto $1 Million To Speak At The 10X Conference
Grant Cardone – Founder of 10X – Has Offered To Pay The Creator of Bitcoin (Satoshi Nakamoto) 1 Million Dollars to Attend and Speak at The Upcoming 10X Conference What could 1 million dollars get you in this day and age? Apart from a pretty good house, a Lamborgini or two, could it get you […] дальше »
2019-6-27 01:23 | |
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