Cryptocurrency

Cryptocurrency is a digital asset designed to work as a medium of exchange that uses strong cryptography to secure financial transactions, control the creation of additional units, and verify the transfer of assets.

Source: en.wikipedia.org

Facebook Continues Libra Push Despite Major Setbacks

Facebook Continues Libra Push Despite Major Setbacks
Facebook Continues Libra Push Despite Major Setbacks
October 21, 2019  |  Cryptocurrency

Libra, Facebook’s cryptocurrency plan, is moving forward despite being “mocked” by regulators and losing key investors like Visa and Mastercard, The New York Times reported on...

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HTC Rolls Out More Affordable Bitcoin-Friendly Smartphone
HTC Rolls Out More Affordable Bitcoin-Friendly Smartphone
October 21, 2019  |  Blockchain

Smartphone maker HTC has launched a new entry-level phone aimed at cryptocurrency users, TechCrunch reported on Monday (Oct. 21).  Get the Full Story Complete the...

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Marcus Says Libra Could Be Based On Real Currencies
Marcus Says Libra Could Be Based On Real Currencies
October 20, 2019  |  Cryptocurrency

David Marcus, CEO of Facebook’s wallet service Calibra, said that Libra could use national currency-pegged stablecoins like a dollar stablecoin, rather than the synthetic one...

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JPMC’s Dimon Calls Libra A ‘Neat Idea’ That Will ‘Never Materialize’
JPMC’s Dimon Calls Libra A ‘Neat Idea’ That Will ‘Never Materialize’
October 18, 2019  |  Cryptocurrency

Jamie Dimon, CEO of JPMorgan Chase & Co, said that Facebook’s proposed cryptocurrency, Libra, is “ … a neat idea that’ll never happen,” according to...

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Bitcoin’s Murky Trail Across Dark Web Gets Some Light
Bitcoin’s Murky Trail Across Dark Web Gets Some Light
October 18, 2019  |  Cryptocurrency

Proponents of cryptos tout anonymity, the fact that digital coin transactions are hard to trace, and that blockchain allows for transactions to occur pretty much...

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FATF Warns Crypto Could Hamper AML Efforts
FATF Warns Crypto Could Hamper AML Efforts
October 18, 2019  |  Cryptocurrency

The Financial Action Task Force (FATF) said it is worried about “stablecoins,” like Facebook’s Libra, and how they could be used for illicit purposes. Get...

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German Finance Minister Says Libra Should Be Stopped
German Finance Minister Says Libra Should Be Stopped
October 18, 2019  |  Cryptocurrency

Olaf Scholz, Germany’s finance minister, reiterated his opposition to Facebook on Friday (Oct. 18), and said that the release of the cryptocurrency should be prevented....

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Fidelity Bolsters Digital Currency Custody Services
Fidelity Bolsters Digital Currency Custody Services
October 18, 2019  |  Cryptocurrency

In hopes of profiting from the lack of large, regulated institutions in the chaotic digital asset space, Fidelity is bolstering its digital currency custody business. The Boston-based...

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Big Fizzle: Marcus Libra Optimism A Fizzle In The Making?
Big Fizzle: Marcus Libra Optimism A Fizzle In The Making?
October 18, 2019  |  Sizzle/Fizzle

Optimism can be contagious. A can-do attitude can rally the troops, get things done, spark innovation where once the status quo was, well, good enough....

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