Libra Hires HSBC Veteran Ian Jenkins as CFO, Risk Chief of Digital Payments Unit

This week, “Opinionated” hosts Ben Schiller, Anna Baydakova and Danny Nelson are discussing Anna’s investigative piece on the black market of “verified” accounts on crypto exchanges and payment apps.Know-Your-Customer (KYC) at crypto exchanges might be a painstaking process for users but there is a way to avoid all the troubles by simply buying a verified…

By nearly all metrics, spot bitcoin ETFs have been off to a great start. And yet, the launch of these much anticipated products is tanking the price of the industry’s leading asset. Since Jan. 10, the day the U.S. Securities and Exchange Commission (SEC) approved the roster of exchange-traded funds, bitcoin (BTC) is down about

Aug 18, 2020 at 22:24 UTCUpdated Aug 18, 2020 at 22:30 UTCRiot Blockchain is buying 8,000 additional S19 Pro Antminers from BitmainTech PTE as the publicly traded company looks to compete in a bitcoin mining scene getting more difficult by the day. Miners are flocking to take advantage of bitcoin's recent price surge. But they…

Apr 7, 2020 at 11:16 UTCUpdated Apr 7, 2020 at 11:17 UTCBitcoin prices YTD (CoinDesk BPI)Up 3%: Bitcoin Leaves S&P 500 Behind in Year-To-Date RecoveryBoth bitcoin and the U.S. stock markets have witnessed a notable recovery rally over the past couple of weeks, but it's the cryptocurrency that's taken the lead. Bitcoin clocked a 3.5-week…

Apr 13, 2020 at 09:15 UTCUpdated Apr 13, 2020 at 09:19 UTCOneCoin – the cryptocurrency investment scheme accused by the U.S. of being a Ponzi-type scam – may escape from a class-action lawsuit due to procedural mishaps by the lead plaintiffs. Brought in mid-2019 by investors who lost hundreds of thousands of dollars to the…

One thing blockchain teams succeeded in long ago: coopting the money printer, from the initial coin offerings, or ICOs, in the late 2010s, to the current-vintage "token generation events," or TGEs. In the old days, stocks were sold by investment banks to clients lucky enough to get an allocation. Nowadays, hot projects just airdrop the

Aug 24, 2020 at 09:47 UTCUpdated Aug 24, 2020 at 09:50 UTCPeople's Bank of China HQ in Beijing (humphery/Shutterstock)China’s central bank has apparently played down rumors of a property transaction settled with its in-the-works digital currency, saying that current tests only involve small transactions. According to a report from Chinese news source Global Times on…

Meme cryptocurrency dogecoin (DOGE) jumped 10% on Tuesday, registering its biggest single-day gain since April 3, according to Binance data tracked by charting platform TradingView.The cryptocurrency has gained 25% in two weeks amid speculation that the cryptocurrency could be used as a payment mechanism on the rebranded Twitter platform.As crypto is entering the summer lull…

Latin American crypto services provider Ripio has introduced a stablecoin pegged to the U.S. dollar, in part to offer Argentinians a way of protecting their assets from inflation.Ripio users in Argentina, where annual inflation is running at 115%, are already able to purchase the UXD stablecoin, also called Criptodólar, the company said Thursday. The stablecoin,…