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Current CEO Accuses Libra of Logo Theft

Current CEO Accuses Libra of Logo Theft

Ex-Wall Street Trader Stuart Sopp, who is now the CEO of blockchain payments startup Current, has accused Facebook’s crypto Libra of creative theft, claiming that the latest star of crypto has stolen his company’s design for the Libra logo. this is what happens when you only have 1 crayon left pic.twitter.com/2JY5JfesQD — Current (@current) June 19, 2019 CNBC first reported …


Tyler Winklevoss Talks Up Bitcoin but Could Libra and Gemini Make a Match?

Tyler Winklevoss Talks Up Bitcoin but Could Libra and Gemini Make a Match_ (1)

Gemini big gun Tyler Winklevoss claims that Bitcoin is fast en route to its next level of USD 15,000 after it hits USD 10,000. With Bitcoin currently valued at USD 9,713 at time of writing, it looks like the first of these major levels is fast approaching. The other half of the Winklevoss entrepreneurial duo also sees the hallmark digital …


IEOs, ICOs, Whatever the Name, Regulation is the Issue

IEOs, ICOs, Whatever the Name, Regulation is the Issue (1)

With Initial Exchange Offerings (IEOs) gaining in popularity, industry experts have been suggesting that their uncertain regulatory status doesn’t necessarily mark an improvement as a way of generating new capital. An IEO is conducted via a cryptocurrency exchange. Unlike Initial Coin Offerings (ICOs), an IEO is administered by a crypto exchange on behalf of the startup that seeks to raise …


Firefox JavaScript Vulnerability Warning to Crypto Users

Firefox has assigned a critical or top-level threat to a vulnerability discovered by the Coinbase security team and Google security researcher Samuel D Gross. The mixing attack has been used in the past to attack cryptocurrency users. A zero-day (also known as 0-day) vulnerability is a computer-software vulnerability that is unknown to, or unaddressed by, those who should be interested in …


Washington Lawmakers Call to Spoil Party on Facebook’s Crypto Aspirations

Washington Lawmakers Call to Spoil Party on Facebook's Crypto Aspirations

New plans from Facebook to enter crypto space appear to be infuriating a group of Washington lawmakers who fear the media giant is cutting loose without regards to regulation. The comments floating around Capitol Hill seem to be led by House Financial Services Committee Chairwoman Maxine Waters who just wants to put the skids on the development of Facebook’s Libra …


Dysfunctional States And State Crypto

Dysfunctional States And State Crypto (1)

French Finance Minister Bruno Le Maire has said that cryptocurrency will never replace a government’s sovereign currency. Le Maire’s comments were made in the light of growing concerns by regulators over Facebook’s intended launch of its own cryptocurrency in 2020. Mark Carney, Governor, Bank of England also said that the new digital currency will be under scrutiny to ensure it …


Bitfinex Buy Back Will Be “Super-Transparent”

Bitfinex Buy Back Will Be _Super-Transparent_

One of the world’s most famous — some would say infamous — crypto exchanges, Bitfinex, has now announced that it plans to buy back its own native token, LEO, for gradual burning. What’s more, it will be “super-transparent”. Buy back and burns are generally what a centralized token project will do to reduce the circulating supply, and therefore, add to …


Interest in CME Bitcoin Futures Reach All-Time High

Interest in CME Bitcoin Futures Reach All-Time High

The Chicago Mercantile Exchange (CME) data shows that the interest in Bitcoin futures trading is now at an all-time peak as Bitcoin enjoys a renewed interest in the markets. The Twitter post by CME revealed this week that interest has peaked with an all-time high of 5,311 contracts totaling 26,555 BTC, or approximately USD 247 million at press time. Bitcoin …


Virtual Asset Summit Gains Global Legislator Support

Virtual Asset Summit Gains Global Legislator Support

CoinTelegraph Japan reports that virtual asset service providers (VASP) will be providing a formal response towards a set of recommendations for virtual currencies set forward by the Financial Action Task Force (FATF). This response will be in the shape of a so-called V20 summit, which they hope to convene alongside the G20 Leaders Summit in Osaka, Japan on 28 and …


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