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Senior Ripple Exec Attacks Facebook’s Libra Over Centralization

Marcus Treacher, a senior executive at blockchain cross-border remittance giant Ripple is seemingly kicking-off a modern “cola war” with their emerging rival Libra, Facebook’s controversial cryptocurrency. Treacher, the head of Ripple’s strategic accounts globally, criticized the so-called Facebook cryptocurrency for being “a walled garden.” The executive stressed that only a handful of big players, including Facebook, Visa, MasterCard, Uber, and PayPal, practice excessive control over...

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Libra Association Exec Claims Libra Will Not Replace Existing Money

Libra Association Managing Director Bertrand Perez said on Friday that the Facebook’s cryptocurrency Libra, that should be launched by a Geneva-based association next year, is not intended to replace existing currencies. He said:“We are not in the area of implementing any monetary policy with the (Libra) Reserve.”This confirms what Libra’s CEO David Marcus was speaking back in July at the hearings when he kept stressing that Libra is not an investment and it doesn’t want to conquer the...

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Alpha Version of Telegram Messenger for iOS Now Integrates Gram Wallet

Photo: PixabayGood news for Telegram users: the company has developed a wallet for Gram, the native cryptocurrency of the TON Blockchain created by Telegram.Currently, the wallet is available in the alpha version of the Telegram messenger for iOS and functions in the TON testnet. According to the developers, its design is still in progress, and after everything is finished, the wallet will be available in the mainnet as well.Meanwhile, the date of the launch on the mainnet is unknown....

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SEC’s ‘Crypto Mom’ Hester Peirce Believes Digital Assets Could Be the ‘Money of Internet’

SEC Commissioner Hester Peirce, also popular as ‘crypto mom’ for her crypto-friendly news, once again spoke in favor of digital assets during the recent cryptocurrency compliance Dacom summit in New York hosted by Solidus Labs today. Peirce spoke in details about SEC’s views on digital currencies saying that regulators are currently active extremely ‘paternalistic’. Besides, she also had an extensive discussion on different measures the agency can take to improve regulations.She stated that...

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#716 Bitcoin Adaption falsch verstanden & Zentralbank Venezuela soll Bitcoin und Ether halten

Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 716. Heute geht’s um folgende Themen: Adaption falsch verstanden: Deshalb lassen die Bakkt Futures den Markt kalt & Venezuelas Zentralbank soll über Einlagen in Bitcoin und Ethereum verfügen 1.) Adaption falsch verstanden: Deshalb lassen die Bakkt Futures den Markt kalthttps://www.btc-echo.de/adaption-falsch-verstanden-deshalb-lassen-die-bakkt-futures-den-markt-kalt/ 2.) Venezuelas Zentralbank soll über...

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Winklevoss-Backed Flexa Will Participate in Demo Store at the U.S. Largest Mall

Cryptocurrency startup Flexa is part of a project that will allow for technological innovations in retailing. With a pilot project at Mall of America Minnesota Minneapolis, which is the largest mall in the United States at the moment, the demo store is to serve as a proof-of-concept that new technologies are possible in the real world.Flexa is participating in the project but serving in a technical advisory role will be on display with other non-cryptocurrency-based technologies. The store...

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Bitcoin Cash Analysis: BCH Crashes To $200, Likely To Decline Further

Bitcoin cash price declined heavily and broke the key $285 and $270 support levels against the US Dollar.The price tested the $200 support area and it is currently consolidating losses.There was a break below a crucial bullish trend line with support near $310 on the 4-hours chart of the BCH/USD pair (data feed from Kraken).The pair could correct higher, but the $230 and $240 levels are likely to prevent gains.Bitcoin cash price is trading in a larger downtrend below $250 against the US...

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Crypto Advocate Ron Paul to Headline 2019 Litecoin Summit

Former U.S. Congressman and three-time presidential candidate Ron Paul will be headlining the Litecoin Summit. Paul will be sharing the stage in the luxurious Cosmopolitan hotel on the Las Vegas strip this October with Litecoin creator Charlie Lee and Morgan Creek Digital partner Anthony Pompliano.The LTC Foundation announced the surprise keynote speaker on Twitter Thursday:Cryptocurrency and PoliticsIn a CNBC Squawk Box interview this July, Ron Paul gave his enthusiastic endorsement to...

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Venezuela’s State-Run Oil Company Has a Secret Bitcoin Stockpile

A recent Bloomberg report suggests that the central bank of Venezuela is looking to add both bitcoin and Ethereum to its international basket of currency reserves.The call for digital solutions was trumpeted by state-owned enterprise Petróleos de Venezuela S.A (PDVSA) which is apparently sitting on its own secret stockpile of bitcoin. The energy behemoth manages the country's vast oil and natural gas reserves.Four anonymous officials have confirmed PDVSA's request to store and use...

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Venezuela: What Do We Do with All This BTC and ETH?

Well, well… The truth has come out. Despite Venezuela pushing for Petro adoption and allegedly threatening cryptocurrency miners, the country seems to have its own private stash of both bitcoin and Ethereum – and it has no idea what to do with it. Venezuela and Crypto: A Strange MixVenezuela has had a strange relationship with cryptocurrency. The country initially began pushing for widespread use of the Petro beginning in February 2018. The currency is allegedly backed by the country’s many...

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