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Congress Hearing: I Will Pull Facebook Out of Libra if Things Go Wrong, States Zuckerberg

Ever since Facebook officially announced its plans to float a digital currency and then released the Libra whitepaper, there have been very polar reactions to the idea, which continue to this day. The United States Congress right from the start has made it clear that they are not excited about the idea and would prefer it doesn’t continue. We have already reported that as part of the process of seeking regulatory support, Facebook CEO Mark Zuckerberg has been obliged to support his position...

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Bitcoin Has Proven Itself as the Best Store of Value Over the Last Decade

Since 2010, bitcoin has died 377 times at the hands of experts and popular media outlets. At the height of the bear market in 2018, bitcoin was declared dead a total of 90 times. Peter Schiff is just another personality to recently call the death of bitcoin. | Source: TwitterWe are hurtling towards the end of 2019 and bitcoin is doing so well that it managed to carve a niche in today’s financial system. We talked to crypto traders, blockchain executives and researchers and they all...

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INX Crypto Trading Platform Will Use Brave New Coin’s BTC and ETH Indices for Forthcoming IPO

Photo: ShutterstockPer a recent announcement, blockchain and cryptography data and research company Brave New Coin (BNC) has said that its cryptocurrency indices will now be applied by crypto trading service INX, as it prepares to launch its first fully approved security token sale. INX is focused on making sure that its offerings and practices are strict and as transparent as possible, a decision that has pointed the digital asset trading service in the BNC direction.According to BNC, INX...

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Facebook Won’t Participate in Libra Launch unless Congress Gives Greenlight, Says Zuckerberg

In an effort to ensure that Facebook’s Libra cryptocurrency breaks down regulatory walls and launches on time or at least not too far from the earlier planned launch date, the social media giant is willing to make some compromises.In a testimony recently submitted to the House Financial Service Committee, Facebook CEO Mark Zuckerberg has confirmed to U.S. lawmakers that Facebook itself will not handle Libra, suggesting that the Libra Association which is the body tasked with the role of...

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Facebook’s Libra Head David Marcus Cautions US on China’s Win if Libra Fails

Facebook‘s head of the Libra project – David Marcus – has recently given an indirect warning to the U.S. lawmakers of losing the digital currency war to China, if the company’s Libra Project fails.Since its Libra cryptocurrency announcement in June 2019, Facebook has been in odds with the regulators over the Libra launch. The regulators have repeatedly questioned Facebook’s ability to execute this project at a global level.However, David Marcus has warned Washington that if Libra is derailed,...

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Ripple Opens Up a New Office in Washington D.C.

Recently, Ripple announced a new office in Washington, D.C. which will be lead by Michelle Bond. As they describe the new premises, they chose this location deliberately in order to be closer to the White House and the U.S. government, in general. They want to educate the policymakers on the massive benefits that cryptocurrencies and blockchain offers to the world of finance and technology. Ripple has previously set a plan for a global expansion in order to “spread the word” about their new...

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#734 Bitcoin Death Cross, Anonyme Coins auf Vormarsch & Trump hat Bitcoin gezähmt

Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 734. Heute geht’s um folgende Themen: Bitcoin Kurs bedroht durch das Death Cross, Kriminelle werden in anonyme Coins getrieben & Trump Administration hat Bitcoin Blase zum Platzen gebracht. 1.) Bitcoin Kurs bedroht durch das Death Cross? Bearisher Indikator bahnt sich anhttps://cryptomonday.de/bitcoin-kurs-bedroht-durch-das-death-cross-bearisher-indikator-bahnt-sich-an/ 4.) Bitcoin Informant bei iTunes als...

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Ethereum Researcher Justin Drake Will Discuss Creating a Blockchain Startup at Disrupt Berlin

Ethereum needs all the help it can get these days, and with the addition of researcher Justin Drake at TechCrunch Disrupt Berlin, it just might garner the appeal it so desperately needs.Ethereum Needs Some Good PREthereum is the world’s second-largest cryptocurrency by market cap and the number one competitor to bitcoin. It also boasts smart contract capabilities, which makes it one of the most popular blockchains for building new tokens and applications. Unfortunately, this popularity has...

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Adam Back: Altcoins Might Disappear Soon

Is it possible that altcoins could potentially disappear forever?Altcoins Don’t Have the Same Appeal They Once DidWhile they may not vanish into thin air, Adam Back – the CEO of Block Stream and the co-author of a bitcoin sidechains whitepaper – claims that the presence and stamina of presence bitcoin sidechains could lower interest in altcoins altogether, thereby making their appeal virtually non-existent.As it stands, currencies like Ethereum (ETH), Ripple’s XRP, EOS (EOS), and Litecoin...

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Zuckerberg’s Congressional Testimony Includes Zero References to Crypto or Bitcoin

CEO Mark Zuckerberg will be the next Facebook executive to face a bipartisan grilling when he testifies before the US House Committee on Financial Services tomorrow. The committee published a transcript of Zuckerberg’s prepared testimony ahead of the hearing, and there was one thing noticeably absent from his statement: any reference to bitcoin, cryptocurrency, or even blockchain. House Releases Mark Zuckerberg’s Libra Testimony That’s somewhat remarkable, given that Zuckerberg has...

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