Apple, Facebook, Amazon, Google Chiefs to Testify in Congress ... (Bloomberg) -- The chief executive officers of Facebook Inc., Alphabet Inc., ... of users without their permission, and about the company's digital currency, Libra, the ...
Public Mint wants its tokenized fiat currencies to power DeFi-like open financial applications. Public Mint launched its ‘fiat-native’ public blockchain on July 1 following two years of development.The platform comprises a blockchain for the tokenization of fiat currencies that are held in the accounts of insured and regulated fiat custodians — essentially comprising a stablecoin […]
Bitcoin hit new heights on a variety of metrics today, despite some characterising the cryptocurrency as ‘boring’. After weeks of uninspired price action, Bitcoin hit new heights today on a variety of metrics: new addresses, active addresses, hourly transaction count and hourly spent outputs.Glassnode CTO Rafael Schultze-Kraft posted on twitter listing the achievements:Quite the on-chain […]
Despite Brazilian regulators lifting a suspension on WhatsApp’s payments, the country’s central bank is still blocking the launch. The payments feature of the popular messaging platform WhatsApp remains suspended in Brazil, despite local regulators easing restrictions placed on its owner, Facebook.On June 24, Brazil’s Administrative Council for Economic Defense, known locally by its Portuguese acronym […]
A deepening monetary crisis has seen Lebanon’s national currency plummet a further 50% over the last ten days to reach parity with a single satoshi. Lebanon’s national currency continues to shed value amid the country’s deepening monetary crisis, with unofficial reports indicating that the Lebanese pound, or lira, has lost 50% of its purchasing power […]
A court has likened Coinbase to a “traditional bank” in rejecting an appeal from a convicted child porn purchaser who appealed using the Fourth Amendment. A three-judge panel has ruled that FBI agents who subpoenaed Coinbase records to show a man had used Bitcoin to access child pornography did not violate his Fourth Amendment rights.They […]
A report released by crypto exchange Binance illustrates how scams targeting cryptocurrency investors attempt to gain credibility. A report released by major crypto exchange Binance illustrates how scams targeting cryptocurrency investors attempt to gain credibility.In the report published on June 30, the exchange explained that its Binance Sentry risk investigation service observed reports of fraudulent […]
Boomers and Gen-X investors have increased their Bitcoin investments by a factor of nine since the start of the global lockdown. The older generations have increased their monthly Bitcoin investments by a factor of nine on U.K crypto trading app Mode since the beginning of the pandemic and lockdowns.Mode Banking reported that Baby Boomers (born […]
Comedian Bill Burr has seen the light after hearing Anthony Pompliano explain the disadvantages of legacy systems. Bitcoin bull Anthony Pompliano has just persuaded Bill Burr, one of the biggest comedians in the world, to invest in cryptocurrency.In a July 1 episode of the Bill Bert Podcast — so named for the comedian and his […]
LocalBitcoins reported a 10% increase in annual revenue for 2019 despite the platform's KYC overhaul impacting trade volume on the platform. Veteran peer-to-peer (P2P) crypto marketplace LocalBitcoins has reported annual revenue of nearly $29.5 million for 2019.The revenue comprises a roughly 10% increase over 2018’s $26.9 million, however, the firm also noted a 6% drop […]
A Russian court turned down a request from a victim of a 100 Bitcoin theft seeking restitution, with the court arguing that cryptocurrencies have no legal status. On June 30, a Russian criminal court denied a motion to provide restitution to a victim of what would in many jurisdictions be a felony, arguing that Bitcoin […]
Professor Rolf H. Weber, Chair of the working group for regulatory issues at the... The post Amended Swiss financial laws will benefit security token transfers: Blockchain expert appeared first on Coin Journal.
Ethereum has seen its transaction volumes soar, active addresses hit new all-time highs and... The post Ethereum’s price is bearish despite massive fundamental growth: here’s what’s next appeared first on Coin Journal.
The restrictions, imposed on Sunday, revealed a $2 billion hole in the financial platform’s... The post UK’s Financial Conduct Authority lifts some restrictions on Wirecard appeared first on Coin Journal.
A study by ProofPoint has reported that ransomware attackers are using COVID-19 themed messages... The post Report reveals an increase in email-based phishing attacks as more employees work from home appeared first on Coin Journal.