June 2019 | Page 9 of 132 | Last Cryptocurrency News Feed

Charles Hoskinson Thinks Cardano Will Prevail Over Libra in Emerging Markets

Cardano founder Charles Hoskinson claimed that emerging markets are where cryptocurrencies matter, and that Facebook’s announced virtual currency Libra is not going to find success in this area, according to a report by Finance Magnates on June 26.According to Hoskinson, emerging markets are the future. He says:“Emerging markets are where cryptocurrencies matter [...] When I…

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Exclusive: Binance Considering Becoming a Node For Facebook’s Libra

Last week, Facebook launched the website of its long-awaited foray into blockchain technology, while also releasing the whitepaper for its cryptocurrency, Libra. The social network also announced the names of the giant companies which will run the first confirmed 23 nodes out of a total of 100. The list includes leading corporations such as Visa,…

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Time of Tears: Traders Dejected as Bitcoin Destroys Their Altcoins – Will Their Time Come?

Bitcoin has been on a huge bull run since the end of March, with the coin rising to almost $14,000 so far. While the Bitcoin price increase is undoubtedly positive for crypto traders holding the coin, it could mean the opposite for altcoin holders. Sometimes there’s a negative correlation between Bitcoin and altcoins, meaning that when BTC’s price…

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ETC Labs Unveils ETC-ETH Interoperability Solution Backed by Metronome

San Francisco-based incubator for the blockchain Ethereum Classic (ETC), ETC Labs, has announced that it has partnered with cryptocurrency firm Metronome to create a solution for Ethereum (ETH)/ETC interoperability, in an official blog post on June 27.Per the announcement, blockchain interoperability—also referred to as “chainhopping”—is a property of a blockchain asset meaning that it can…

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House Reps Question FinCEN Director on Libra’s Potential for Illegal Usage

Director of the Financial Crimes Enforcement Network (FinCEN) Kenneth Blanco briefed several members of the United States House on the potential for Libra’s use in money laundering, illicit financing, and other illegal activities, according to a press release from Representative Emanuel Cleaver II.Leading the meeting were Reps. Cleaver, Trey Hollingsworth, Bill Foster, and French Hill,…

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Exclusive: Binance Considering to Become a Facebook’s Libra Node

Last week, Facebook revealed the website of its long-awaited blockchain foray, while also releasing the whitepaper for its cryptocurrency – Libra. The social network also announced their first giant companies that are going to combine the first confirmed 23 nodes, out of total 100. This list includes leading corporations such as Visa, Uber, eBay, Vodafone, and…

CoinDesk Feed

Ethereum Co-Founder’s Polkadot Closes Token Sale, Claiming $1.2 Billion Valuation

news The Web3 Foundation has closed on a private sale of tokens to fund the development of Polkadot, the ambitious blockchain interoperability project started by ethereum co-founder Gavin Wood. The Swiss nonprofit said Thursday that the 500,000 DOT tokens (5 percent of the total supply) were sold at the targeted valuation for the project of…

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US Lawmakers Question FinCEN on Terrorist Use of Facebook’s Libra

news Members of the U.S. House of Representatives questioned Financial Crime Enforcement Network (FinCEN) director Kenneth Blanco about Facebook’s planned cryptocurrency Thursday. Representatives Emanuel Cleaver, II (D-MO), Trey Hollingsworth (R-IN), Bill Foster (D-IL) and French Hill (R-AR) held a briefing with members of the House Financial Services Committee, discussing the Libra project with Blanco, who…

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Exclusive: Binance Considering to a Become Facebook’s Libra Node

Last week, Facebook revealed the website of its long-awaited blockchain foray, while also releasing the whitepaper for its cryptocurrency – Libra. The social network also announced their first giant companies that are going to combine the first confirmed 23 nodes, out of total 100. This list includes leading corporations such as Visa, Uber, eBay, Vodafone, and…

CoinDesk Feed

Trump Administration in Talks With Crypto Startup on Israeli–Palestinian Peace Plans

feature The Trump administration has tapped Israeli crypto startup Orbs to develop blockchain solutions for the region’s longstanding political conflicts. The disclosure comes this week from a summit convened by the White House in Bahrain to discuss the Israeli–Palestinian conflict. The New York Times reported Treasury Secretary Steven Mnuchin said investments in the Palestinian territory…