CCN

Facebook Cryptocurrency Chief Says Libra Is Not a Threat to Bitcoin

Published: 20/06/2019 07:39 ET. Journalist: By CCN Markets: Facebook confirmed that its new cryptocurrency Libra isn’t designed to kill or compete with bitcoin. David Marcus, the man leading Facebook’s crypto efforts, said Libra and bitcoin can co-exist with differing use cases and that’s he a big fan of BTC. In a tweet yesterday, he explained …

Criptonoticias

Senado de los EE.UU. convoca audiencia en julio para evaluar la criptomoneda de Facebook

Los planes de Facebook para emitir una criptomoneda global en 2020 serán evaluados por el Comité del Senado de los Estados Unidos sobre Banca, Vivienda y Asuntos Urbanos el próximo 16 de julio, cuando se espera que la empresa acuda a una audiencia convocada por los legisladores. La audiencia tiene como objetivo que los miembros …

Cointelegraph

Japan’s Line Reportedly Close to Obtaining FSA License for Japanese Crypto Exchange

LVC Corporation, the digital asset- and blockchain-focused arm of Japanese messaging giant Line, is allegedly close to obtaining a crypto exchange operating license from Japan’s financial regulator. The news was reported by Cointelegraph Japan on June 20. According to the report, Japan’s Financial Services Agency (FSA) could issue the company with an exchange license as …

Coindesk News

QuadrigaCX CEO Set Up Fake Crypto Exchange Accounts With Customer Funds

QuadrigaCX’s late founder and CEO used customers’ funds to trade for his own account on other cryptocurrency exchanges, the Canadian firm’s bankruptcy trustee said. In a bombshell 70-page report released Wednesday, Ernst & Young claimed that Gerald Cotten, who apparently died last December, transferred millions of dollars in crypto out of customer accounts and into …

Coindesk

Bitcoin Price Rally Stalls as Open Futures Hit Record Highs

View The bitcoin price rally seems to have stalled near $9,300 with the price-volume analysis suggesting scope for a minor pullback to $9,000-$8,700. Record open interest in bitcoin futures listed on the Chicago Mercantile Exchange indicates a surge in institutional interest. So, pullbacks, if any, will likely be short-lived. The long-term technical charts indicate scope …

Cointelegraph

Live Streaming Startup YouNow Files SEC Filing for Compliant Token Earning for App Users

Live streaming startup YouNow, which created the decentralized digital video ecosystem Props in 2017 and is backed by Union Square Ventures, has filed a public offering with the United States Securities and Exchange Commission (SEC) for its Props token. The development was revealed in a press release shared with Cointelegraph on June 19. The YouNow …

Blockonomi News

Internet Security Firm Cloudfare Unveils Its Own Ethereum Gateway

Cloud network and internet security company Cloudfare has just figuratively opened its doors to the Ethereum blockchain. Renowned for its DDoS protection services, Cloudfare unveiled its new so-called Ethereum Gateway on Wednesday, the release coming as part of the company’s in-house Crypto Week 2019 festivities where it’s rolling out a series of new services that …

CCN

Facebook’s Crypto Libra May Kill Launch in India, Its Biggest Market: Report

Published: 20/06/2019 06:26 ET. Journalist: By CCN Markets: Facebook’s cryptocurrency Libra is expected to change the way payments are made across the globe when it launches next year, but there’s one market that the social media giant might be giving a miss – India. The Economic Times, India’s biggest business daily, reports that Libra will …

Blockonomi News

U.S. Congresswoman Wants Zuckerberg to put Libra on Hold

Facebook’s long-awaited cryptocurrency was made official yesterday, with the social media giant publishing Libra’s whitepaper, ending months of speculation. According to the whitepaper, Libra would be launched in the first half of 2020. This could end up as a pipe dream, if regulators have their way. Per reports from the BBC, the U.S. House of …

Cointelegraph

Amazon Pay VP Says No Current Plans to Create Crypto: ‘We Don’t Deal in the Speculative’

Amazon would only consider discussing the creation of its own cryptocurrency like Facebook’s Libra in several years’ time, a senior executive said at a conference on June 10. Speaking at Fortune’s Brainstorm Finance 2019 event, Patrick Gaulthier, vice president of Amazon Pay, said the kind of value transfer system Facebook unveiled this week was a …