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Facebook, Libra & Calibra Wallet Potential | AIBC Summit

Libra Coin

Facebook, Libra & Calibra Wallet Potential | AIBC Summit

Libra has generated massive media attention and controversy while attracting the ire of regulators on a global level. But what's Facebook’s real goal? Tom Trowbridge shares his view.

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  • Indian Crypto Exchange CoinDCX Secures Additional $2.5M Investment
    The $2.5 million investment in India’s largest crypto exchange comes from Polychain Capital and Coinbase Ventures. CoinDCX, India’s largest cryptocurrency exchange, announced that it had raised $2.5 million from investors including Polychain Capital and Coinbase Ventures, the investment arm of crypto exchange Coinbase.The investment comes shortly after the exchange’s Series A funding round in March, […]
  • Spike in BTC Exchange Inflow Preceded Bitcoin Price Correction to $8.6K
    The price of Bitcoin dropped to $8,800 over the weekend and data shows miners and retail investors led the correction. On May 24, the price of Bitcoin (BTC) dropped to $8,800 from $9,300. In the next 24 hours, it declined to as low as $8,600, leaving the top ranked digital asset on CoinMarketCap at risk […]
  • Louisiana Might Soon Offers a License to Bring Crypto Business Back
    The Louisiana BitLicense is closer than you might think. The state of Louisiana might soon pass a bill to offer licenses for crypto businesses to operate legally, according to a May 25 report. The bill was filed earlier this year with the goal of helping crypto businesses get official licensure and bring more crypto-related business […]
  • Jobless South Korean University Graduates Are Increasingly Interested in Blockchain
    Can blockchain cure the country’s job creation woes? Daejeon University is the latest in a series of South Korean universities redesigning portions of its finance and technology departments. The university made an official announcement on May 25 that it would open a new fintech department called “Future Convergence.”According to the announcement published by Daejeon Journal, […]
  • Is Blockstream’s Liquid Network an Attempt to Compete for Tokens with Ethereum?
    Blockstream seems to be taking a page out of Ethereum’s book as it sponsored a game that uses Liquid to issue non-fungible tokens, despite earlier criticism of the platform. At Consensus Distributed on May 12, Blockstream presented Lightnite, a Fortnite-like game that uses the Liquid Network for storing non-fungible tokens (NFT) representing game items.While the […]
  • Visa Approves New DeFi-Enabled Crypto Card in EU and UK
    Swiss DeFi startup Eidoo partners with principal member of Visa Europe to issue a new Visa crypto debit card. Cryptocurrencies like Bitcoin (BTC) aren’t really easy to spend in day-to-day life, mainly because retailers prefer to stay away from crypto’s volatility. In order to build a bridge between traditional finance and emergent assets like Bitcoin, […]
  • Ransomware Attacks Are Exploding in the Education Sector
    A Verizon report highlights the growing number of ransomware attacks across educational services. Educational services across the globe have been witnessing a surge in ransomware attacks in 2020. According to Verizon’s 2020 Data Breach Investigation Report, ransomware attacks account for approximately 80% of all cyberattacks suffered.The data suggests 92% of these incidents were motivated by […]
  • Ahead of Ethereum 2.0 Launch, 3 Key Metrics Point to ETH Price Surge
    While Ethereum 2.0 is still not set in stone, three key metrics show us that users and investors are optimistic about the price of ETH. The Ethereum developer community is nearing the launch of Ethereum 2.0, a major multiyear milestone for the blockchain network. Ethereum 2.0 will mark the start of a shift from the […]
  • Price Analysis 5/25: BTC, ETH, XRP, BCH, BSV, LTC, BNB, EOS, XTZ, ADA
    Several major cryptocurrencies have turned down from their resistance levels, hinting that further downside could occur in the short-term. Bitcoin (BTC) has neither run away nor plunged following its halving, which suggests that history might be repeating itself. After the first halving, the top-ranked cryptocurrency on CoinMarketCap moved up only by 7% after a month. […]
  • Tether Unseats XRP As Third-Largest Crypto, Dwarfing Its Volume 25:1
    The race for third place is still far from over. Tether (USDT) has overtaken XRP to become the third largest cryptocurrency by market capitalization, as Ripple fails to gain adoption amongst retail investors.Top 10 Cryptocurrencies by Market Capitalization. Source: CoinMarketCapAs for Ripple (XRP), it's been a race to the bottom, its market cap has collapsed […]

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  • Retail investors increase their holdings as Bitcoin’s price hovers below $9,000
    Increase in the number of addresses with less than 0.1 bitcoins means most small investors are using the downturn in prices to increase their Bitcoin holdings Even as the bears push prices to their lowest levels since the halving, it appears the market is taking current price levels as buying opportunities, especially small investors that […]
  • Ethereum addresses hit 40M, up 350% since its all-time high price
    Ethereum now holds more daily active addresses than Bitcoin, according to Weiss Crypto Ratings The number of Ethereum wallets holding Ether has spiked over the past two years to hit 40 million, according to crypto data provider Glassnode. According to the data collected by the company, the number of Ethereum addresses being used has increased […]
  • Telegram drops TON appeal in US court
    Telegram is no longer going to pursue an appeal against a court order barring it from launching the Telegram Open Network (TON), and distributing the Gram tokens. A US federal court in March issued an injunction that stopped the company from proceeding with the $1.7 billion project after the US Securities and Exchanges Commission accused […]
  • Wealth manager warns against betting on ‘Sexier’ Bitcoin
    A top wealth manager has warned that now isn’t the time to buy cryptocurrencies. Neither does he feel investors need to look at what many investors consider a safe haven asset – Gold. Speaking on CNBC, Peter Mallouk of Creative Planning said the current bear market presents “tempting” investment opportunities. But according to the wealth […]
  • Trezor and Ledger “investigating claims” that hacker is selling stolen data
    Hardware wallet providers — Trezor and Ledger — have said their security teams are investigating claims that a hacker has stolen information from their databases, and is now selling customer data online. The breach also affects users of KeepKey, another popular crypto hardware wallet by cryptocurrency platform, Shapeshift. According to Under The Breach the hacker […]
  • France’s Central Bank Successfully Tests Blockchain-Based Digital Euro
    Banque de France and Societe Generale collaborated as the latter issued bonds worth €40 million in security tokens, which was settled using Digital Euros. France’s central bank has revealed that it has successfully tested its blockchain-based digital currency. A press statement from the banking regulator announced that the test was a combined venture involving Banque […]
  • Bitcoin Sales from Miners Spike 600% One Week After the Halving
    Bitcoin sales from miners have jumped six-fold since the halving, while exchanges continue to see their reserves dwindle. Miners have now entered a new wave of Bitcoin selling despite the lack of a definite move in Bitcoin’s price, data shows. Miner revenue has also dropped following block rewards halving, down to 6.25 from 12.5 bitcoins. […]
  • Coinbase Custody Adds Staking Support for Cosmos, Tezos and Alogorand
    Clients can now earn income on their holdings without having to risk their funds on the speculative market. Coinbase Custody has added support for staking Cosmos (ATOM), the US-based crypto exchange announced via a Medium blog post.  The addition of the cryptocurrency means that Coinbase Custody clients are now free to stake Cosmos (ATOM) tokens. […]
  • Shopify Adds CoinPayments Support to Bring Crypto Payments to Millions of Merchants
    A deal has been struck between the world’s largest crypto payment processor and a major e-commerce platform — another step towards widespread adoption? Shopify, a Canadian-based e-commerce platform, has added cryptocurrency as a payment method for sellers on the platform, making the announcement in a press statement, potentially growing Shopify’s customer base. The decision to […]
  • 11 Year-old Address Moves 50 BTC — Causing a Price Dip
    The price of Bitcoin dropped 5% as panic-selling hit the crypto sphere after someone moved 50 bitcoins from a Satoshi-era wallet. Bitcoin’s price went down by 5% minutes after an unidentified entity sent 50 bitcoins from one of the oldest wallets on the network to two different addresses. The Bitcoin was mined in February 2009, […]
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