Crypto EcoBlog
Coinbase CEO Brian Armstrong has been honored by Time magazine in the inaugural TIME 100 Next list. Four crypto and blockchain startups appeared in the 2019 CNBC Upstart 100. Startups featured on the CNBC list must have raised $50 million or less in VC funding. This has been a good week for individuals and startups in the crypto and blockchain space. Within a span of hours, players in the sector have been recognized by two mainstream media organizations – CNBC and Time magazine – over their...
Read More »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...
Read More »Libra Is an Important Crypto Project, Coinbase CEO Says
A rather inspiring presentation from the head of Facebook’s Libra David Marcus seems to have inspired someone else as well and neither more nor less – Coinbase CEO himself. Yes, you’ve heard it right, Brian Armstrong came out as a real supporter of this, still developing stablecoin.The thing is that Libra is often represented as a project that carries labels such as “alienating”, “controversial” or even “poisonous”. Even though it still hasn’t come out at the light of the day, it has already...
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