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Facebook’s Libra a watershed moment for company and crypto: RBC


Facebook Libra

Facebook’s Libra a watershed moment for company and crypto: RBC

RBC Capital Market's Mark Mahaney on whether crypto will save Facebook. The company's new Facebook Libra represents a huge step forward for the entire space, but is it actually a cryptocurrency like Bitcoin, Ethereum, or Ripple? With CNBC's Melissa Lee and the Fast Money traders, Tim Seymour, Brian Kelly, Karen Finerman and Guy Adami.

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  • Polkadot’s Substrate 2.0 integrates oracles at a protocol level
    The blockchain can now see its environment. The Polkadot team released on Wednesday a major milestone for its Substrate blockchain framework, which now provides a way for blockchain applications to interface with the outside world without relying on external oracle providers.Substrate is the name used for Polkadot’s blockchain building framework. It provides developers with a […]
  • Bitcoin price ‘worst-case scenario’ is now $7,000 — trader Tone Vays
    $9,000 would be the ideal “buy the dip” opportunity, says Vays, with $7,000 soon to form Bitcoin’s untested 200-week moving average. Bitcoin (BTC) hitting $7,000 is now the “worst-case scenario,” veteran trader Tone Vays said on Sep. 23. In the latest episode of his Market Pulse YouTube series, Vays said he was looking for a BTC […]
  • European Commission to launch blockchain regulatory sandbox by 2022
    Crypto and blockchain regulations seem to have become a top priority in the EU. The European Commission in collaboration with the 30-country alliance called the European Blockchain Partnership (EBP) plans to launch a pan-European blockchain regulatory sandbox by 2022.Per an update to the official webpage for the commission’s Digital Innovation and Blockchain team on Sep. […]
  • Russian ministry proposes criminal charges for failure to report crypto tax
    To ban crypto or to tax, that seems to be the question. Russia’s Ministry of Finance is continuing to push regulations for the cryptocurrency industry by proposing new tax requirements.The ministry now reportedly wants to introduce criminal liability for failure to declare taxes on crypto, including prison terms of up to three years.According to a […]
  • Federal Reserve Bank reveals details of digital dollar research
    The Federal Reserve Bank has been exploring digital currencies to modernize the U.S. payments sector. The President and CEO of the Federal Reserve Bank of Cleveland has revealed details of the Fed’s ongoing research into a potential digital dollar. Speaking in a keynote address on September 23, Loretta Mester emphasized that the Federal Reserve has been […]
  • SEC halts trading for blockchain company run by former Ron Paul staffer
    A blockchain company run by an ex-staffer of former Presidential candidate Ron Paul has received a temporary trading suspension from the SEC. The United State’s securities watchdog has placed a temporary trading suspension on the stock of Vortex Blockchain Technologies until October 6. The Securities and Exchange Commission (SEC) cited confusion over the nature of […]
  • Few DeFi influencers understood what a bad idea $FEW meme token was
    Prominent DeFi community members faced a backlash after attempting to engineer a token scheme inspired by the success of MEME. Notable figures in the decentralized finance (DeFi) community found themselves in hot water after joining a group to cook up a MEME-inspired token with the apparent intention of dumping on unsuspecting investors. Group members claim […]
  • Bitcoin’s realized cap is now $43 billion above the 2017 all-time high
    Bitcoin’s realized capitalization has soared above its 2017 record high, but Ethereum’s has struggled to reclaim its former highs Crypto market data aggregator Glassnode has published data indicating that Bitcoin’s (BTC) realized capitalization has increased by more than 50% since tagging its all-time high of $20,000 at the end of 2017.The realized capitalization metric measures […]
  • Bitcoin bull Tim Draper reveals the secrets of his altcoin portfolio
    Tech billionaire, Tim Draper, has revealed he owns a myriad of altcoins in addition to his 30,000 BTC. Tim Draper, the prominent venture capitalist and tech billionaire who purchased nearly 30,000 Bitcoins (BTC) that were seized from the Silk Road, has revealed his digital currency holdings span at least half a dozen different crypto assets.   […]
  • DeFi projects rush towards Layer 2 as Ethereum clogs up
    Leading DeFi protocols are rushing to implement Layer 2 to ease the burden of high gas fees. Decentralized finance (DeFi) protocols are racing to implement Layer 2 scaling solutions as Ethereum gas fees skyrocket and the network struggles under the demand.Popular DeFi platforms including Uniswap, Aave, and Synthetix are gettin closer to rolling out the […]

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