700CLUBNEWS.COM: Latest News of The Day 10:00, 2019-09-14

PayPal Cautious About Future of Facebook's Libra Cryptocurrency

PayPal is cautious about the future of Facebook-backed cryptocurrency Libra, which is slated to debut with the pioneering digital payments firm as part of its oversight association....

PayPal Cautious About Future of Facebook's Libra Cryptocurrency

Source: ndtv.com

Facebook's Libra Cryptocurrency: How It Stacks Up to Bitcoin and PayPal In many ways, Libra appears to operate more like existing web-payment systems, such as PayPal, than bitcoin. Here’s how Facebook’s new system compares with systems already out there....
13:17, 2019-06-28

Facebook’s Libra currency gets backing from MasterCard, Visa, PayPal and more Today, Facebook finally announced its long-rumored cryptocurrency platform, Calibra. Some speculated that the company would rely on outside firms and existing cryptocurrency exchanges, like the Winklevoss twins' Gemini. Instead, Facebook's Calibra wi......
15:00, 2019-06-18

Visa, Uber, and PayPal Are Reportedly Backing Facebook's Cryptocurrency After months of rumors, it appears a Facebook cryptocurrency is imminent. Reports last week said its planned launch is slated for June 18, and now it appears that the cryptocurrency, Libra, has some legit backers, according to the Wall Street Journal.Read more......
20:51, 2019-06-14

What is Libra? All you need to know about Facebook's new cryptocurrency Facebook claims it wants to reach people without access to a bank account, and that Libra is the best wayOn Tuesday, Facebook announced a digital currency called Libra that will roll out for use in 2020 and allow the platform’s billions of users across the globe to make financial transactions online...
15:51, 2019-06-18

Facebook set for grilling on Libra cryptocurrency Facebook is set to face further scrutiny on its ambitions to launch a cryptocurrency after "very serious concerns" were raised by senior US government members.The company is set to be questioned by the US Senate Banking Committee over its Libra cryptocurrency as the government looks to clarify its s...
01:00, 2019-07-17

Why (Almost) Everybody Hates Facebook’s Cryptocurrency Libra Facebook Inc. says its mission is to “bring the world closer together.” Its plans to launch a digital currency called Libra have succeeded in uniting central bankers and financial regulators from around the globe, along with U.S. President Donald Trump and his Democratic opponents in Congress. They’...
07:17, 2019-07-16

Facebook reveals new Libra cryptocurrency Facebook has finally taken the wraps off its long-awaited cryptocurrency.The social media giant has revealed that it will be launching the new Libra cryptocurrency as part of its blockchain-powered Calibra digital wallet, coming to Messenger and WhatsApp in 2020.Facebook says you'll be able to ...
17:17, 2019-06-18

Facebook’s ‘cryptocurrency’ Libra has nothing to do with Bitcoin Facebook's Libra is not a cryptocurrency and won't offer the kinds of protections that Bitcoin does. It's a way for Facebook to track what you buy.Read More...
00:34, 2019-07-05

Facebook wants to tie Libra cryptocurrency to the dollar Facebook has revealed more details about its upcoming Libra cryptocurrency launch, stating that it wants to tie the system to some of the biggest national currencies around.The social media giant has told US senators that Libra will be tied to a number of top currencies, including the US dollar, eur...
15:00, 2019-09-10

Facebook's New Cryptocurrency, Libra, Gets Big Backers Facebook has signed up more than a dozen companies including Visa, Mastercard, PayPal and Uber to back the new cryptocurrency that the social-media giant plans to unveil next week....
03:51, 2019-06-14

Steer Clear of Libra Cryptocurrency Scams Libra hasn’t even officially debuted on Facebook yet, but the highly anticipated cryptocurrency has already gotten a ton of interests—from scammers. In fact, it’s hard to tell who is more interested in Libra at this point: those looking to make a quick buck from cajoling you to jump in early so you ...
00:17, 2019-07-24

Regulators to question Facebook over new Libra cryptocurrency BoE among 26 global banks due to meet with Libra amid fears over risk to state sovereigntyGlobal regulators will question Facebook on Monday about its Libra cryptocurrency amid concerns from EU governments over the threat the digital currency poses to financial stability, according to the Financial ...
18:34, 2019-09-15

Facebook’s ‘cryptocurrency’ Libra may be in more trouble than we thought Facebook‘s ‘cryptocurrency’ Libra may be in even deeper trouble than we thought if a recent report is anything to go by. According to the Financial Times, it seems that some of Facebook‘s early backers have been spooked by increasing regulatory scrutiny. It’s being reported that at least three of Fa...
17:51, 2019-08-23

Facebook's Cryptocurrency "Libra" Will Be Launched In 2020 Facebook Inc revealed plans on Tuesday to launch a cryptocurrency called Libra, the latest development in its effort to expand beyond social networking and move into e-commerce and global payments....
15:17, 2019-06-18

Facebook takes aim at e-commerce with Libra cryptocurrency Facebook plans to launch a cryptocurrency called Libra next year as part of its wider efforts to expand beyond social networking into e-commerce and global payments....
17:34, 2019-06-18

Donald Trump is 'not a fan' of cryptocurrency, Facebook Libra Just hours after a "social media summit," the president's Twitter account posted a thread aimed at, of all things, cryptocurrency. After starting off by claiming he's "not a fan of Bitcoin and other Cryptocurrencies, which are not money, and whose va......
08:17, 2019-07-12

G7 nations to act against Facebook's 'Libra' cryptocurrency plan Facebook's plan to introduce its own cryptocurrency has come under sharp criticism from many countries. The social media giant announced in June that it would roll out a new digital currency, called Libra, from 2020....
10:34, 2019-07-18

Facebook co-founder warns against Libra cryptocurrency Chris Hughes says firms involved such as Paypal and Mastercard will wield too much powerOne of Facebook’s co-founders has warned that the social network’s plans for a digital currency called Libra could allow corporations involved in the scheme to wield power over nation states.Chris Hughes, whose r...
17:17, 2019-06-21

India isn’t keen on Facebook’s Libra ‘cryptocurrency’ Facebook’s new digital currency Libra has received an early jolt from the Indian government. The authorities in Asia’s third-largest economy are no more keen on the social media giant’s project than any cryptocurrency that came before it. “Design of the Facebook currency has not been fully explained...
15:17, 2019-07-08

Facebook to launch Libra cryptocurrency next year Social media giant Facebook on Tuesday officially announced it will launch its own cryptocurrency, in a move some analysts believe could bring others like bitcoin more in the mainstream....
13:17, 2019-06-18

Libra cryptocurrency will increase financial inclusion The Libra Association, created in part by Facebook to launch a digital currency, is not in tension with regulatory oversight, writes Dante Disparte.       ...
02:00, 2019-07-04

Facebook's Libra cryptocurrency faces EU antitrust scrutiny Facebook's Libra is reportedly being probed by the European Union's competition authorities. The cryptocurrency plan has been met with intense skepticism from both data protection activists and regulators....
17:17, 2019-08-21

France to block Facebook's Libra cryptocurrency in Europe Finance minister says governments’ monetary sovereignty could be at riskFrance has said it will block the development of Facebook’s Libra in Europe, dealing the cryptocurrency a fresh blow. The French finance minister, Bruno Le Maire, said plans for Libra could not move ahead until concerns over con...
22:17, 2019-09-12

Facebook Unveils Libra, Cryptocurrency Rival to Bitcoin Facebook formally announced plans to launch a cryptocurrency called Libra, promising a secure blockchain-based payment system backed by hard assets and designed for mainstream users....
14:34, 2019-06-18

Federal Reserve already concerned over Facebook’s cryptocurrency Libra Facebook’s cryptocurrency Libra hasn’t been launched yet, but it’s already giving the Federal Reserve a headache. “Libra raises serious concerns regarding privacy, money laundering, consumer protection, financial stability,” Fed Chairman Jerome Powell warned Congress on Wednesday. “These are concern...
08:00, 2019-07-11

France to block development of Facebook's Libra cryptocurrency Finance minister warns monetary sovereignty of governments could be at riskFrance has said it will block development of Facebook’s Libra cryptocurrency in Europe because it threatens the “monetary sovereignty” of governments.“I want to be absolutely clear: in these conditions, we cannot authorise th...
12:51, 2019-09-12

U.S. lawmakers challenge Facebook over Libra cryptocurrency plan U.S. lawmakers quizzed Facebook on Wednesday over its planned cryptocurrency, after a bruising first bout a day earlier when senators from both parties condemned the project, saying the company had not shown it could be trusted....
20:00, 2019-07-17

France seeks Facebook Libra cryptocurrency ban in Europe France's economic minister intends to block Facebook's Libra cryptocurrency in Europe, citing threats to financial stability and accountability.Read More...
19:51, 2019-09-12

Democrats call on Facebook to abandon Libra cryptocurrency Rep. Maxine Waters (D-Calif.), chair of the House Financial Services Committee, compared Facebook to scandal-plagued Wells Fargo and said the tech giant shouldn't be allowed to proceed....
21:17, 2019-07-17

Why governments around the world are afraid of Libra, Facebook’s cryptocurrency Critics worry Libra would threaten government-backed currencies and consumer privacy, while giving Facebook reign over an unprecedented global financial system....
20:51, 2019-07-12

Facebook Unveils Plans For Global Cryptocurrency 'Libra' Facebook and some two dozen partners on Tuesday released a prototype of a cryptocurrency called Libra, whose rollout as global digital money is expected next year....
15:51, 2019-06-19

Facebook reveals Libra cryptocurrency, with lofty goals Facebook Inc revealed plans on Tuesday to launch a cryptocurrency called Libra, the latest development in its effort to expand beyond social networking and move into e-commerce and global payments....
11:51, 2019-06-18

Senators grill Facebook on its plans for Libra cryptocurrency Facebook Inc is "delusional" to believe people will trust it with their money, a U.S. senator said on Tuesday as lawmakers from both sides of the aisle grilled the social media company on its plans for a digital currency at a hearing on Tuesday....
18:17, 2019-07-16

Facebook warned Libra cryptocurrency will come under close scrutiny UK financial regulator highlights concerns over consumer protection and privacy Facebook’s plans for a global cryptocurrency, Libra, will warrant close scrutiny by governments across the world, according to one of the UK’s most senior financial regulators.Christopher Woolard, the executive director ...
11:17, 2019-07-03

Congress Demands Facebook Put Brakes on Libra Cryptocurrency Facebook’s Libra cryptocurrency is off to a rocky start. After announcing Libra last month, U.S. lawmakers were none too thrilled given the social media giant’s dubious track record with privacy. Now, the U.S. House Committee on Financial Services is calling on Facebook to halt its plans.Read more.....
21:17, 2019-07-03

US lawmakers tell Facebook to halt the launch of its Libra cryptocurrency US lawmakers have asked Facebook to "immediately cease implementation plans" of its Libra cryptocurrency. Before it proceeds any further, the House Financial Services Committee, led by Democrat Maxine Waters, wants to examine risks around cyber secur......
11:51, 2019-07-03

Central banks to question Facebook over Libra cryptocurrency Facebook is about to undergo further scrutiny of its Libra cryptocurrency, and it may have to answer some difficult questions. Officials speaking to the Financial Times said that Libra representatives are meeting with officials from 26 central banks......
02:17, 2019-09-16

France, Germany reject Facebook's libra cryptocurrency Facebook announced big plans to revolutionize payments in Europe with the launch of a virtual currency. But EU finance ministers see libra as a risk to monetary stability....
02:34, 2019-09-14

Senate to grill Facebook over plans for Libra cryptocurrency U.S. lawmakers from both sides of the aisle are set to grill Facebook Inc on its cryptocurrency plans on Tuesday, as the project continues to draw intense scrutiny from financial regulators and politicians across the globe. Facebook is fighting a rearguard action to get Washington onside after it...
13:34, 2019-07-16

President Trump takes aim at Facebook’s cryptocurrency, Libra, saying it should be regulated Taking aim at Facebook's plans to launch a virtual currency, known as Libra, and a wallet, named Calibra, Trump said in a series of tweets that the currency would have "little standing or dependability."...
05:00, 2019-07-12

Factbox: Facebook's new cryptocurrency Libra and digital wallet Calibra Facebook Inc revealed plans to establish a cryptocurrency called Libra on Tuesday. It will be run by an association comprised of other corporate investors and non-profit members, with an expected launch in the first half of 2020....
13:17, 2019-06-18

Crypto Twitter responds to the reality of Facebook’s Libra ‘cryptocurrency’ Following months of speculation, Facebook finally confirmed the release of Libra next year. The tech giant also unveiled details about Calibra, its corresponding custodial digital wallet, but failed to provide specifics about its launch plans. Given the buildup to the announcement, it didn’t take lo...
19:17, 2019-06-18

UPDATE 3-U.S. senators grill Facebook on its plans for Libra cryptocurrency Facebook Inc is "delusional" to believe people will trust it with their money, a U.S. senator said on Tuesday as lawmakers from both sides of the aisle grilled the social media company on its plans for a digital currency at a hearing on Tuesday....
19:00, 2019-07-16

Facebook's Libra cryptocurrency faces questions from international regulators Chair of Financial Stability Board says company’s plans could spark closer scrutiny of cryptocurrenciesFacebook’s Libra cryptocurrency is facing increasing skepticism from international regulators days after ambitious plans for it were unveiled by the social media company.On Tuesday, Randal Quarles,...
21:34, 2019-06-27

Facebook Libra chief testifies in Congress to explain cryptocurrency The head of Facebook's blockchain division will appear in Congress Tuesday for the first of two hearings about the social media network's plans to roll out a new digital financial system next year....
13:34, 2019-07-16

Facebook's Libra cryptocurrency 'poses risks to global banking' Move could affect competition and data privacy, warns Bank for International SettlementsFacebook’s plan to operate its own digital currency poses risks to the international banking system that should trigger a speedy response from global policymakers, according to the organisation that represents th...
21:34, 2019-06-23

Senate opens hearing into Facebook plans for Libra cryptocurrency U.S. lawmakers from both sides of the aisle were set to grill Facebook Inc on its cryptocurrency plans on Tuesday, as the project continues to draw intense scrutiny from financial regulators and politicians across the globe. Facebook is fighting a rearguard action to get Washington onside after i...
17:00, 2019-07-16

France Warns It Will Block Development Of Facebook's Libra Cryptocurrency France warned on Thursday it will block development of Facebook's planned Libra cryptocurrency in Europe because it threatens the "monetary sovereignty" of governments....
19:17, 2019-09-12

Facebook reveals Libra cryptocurrency, sparking new privacy concerns Facebook Inc announced ambitious plans on Tuesday to launch a new global cryptocurrency called Libra, part of an effort to expand into digital payments that immediately raised privacy concerns....
22:00, 2019-06-18

Facebook’s Libra ‘cryptocurrency’ is missing one thing: monetary policy Facebook has outlined the economics of its new Libra cryptocurrency, revealing it will create a secondary token intended specifically to pay dividends to early backers. It’s called the Libra Investment Token, and it will only be available to members of the Libra Association (which maintains the netw...
16:17, 2019-06-18

UPDATE 5-U.S. lawmakers challenge Facebook over Libra cryptocurrency plan U.S. lawmakers bashed Facebook on Wednesday over its planned cryptocurrency, after a bruising first bout a day earlier when senators from both parties condemned the project, saying the company had not shown it could be trusted....
21:51, 2019-07-17

UPDATE 4-U.S. lawmakers challenge Facebook over Libra cryptocurrency plan U.S. lawmakers bashed Facebook on Wednesday over its planned cryptocurrency, after a bruising first bout a day earlier when senators from both parties condemned the project, saying the company had not shown it could be trusted....
20:17, 2019-07-17

Explainer: 'Stablecoins' in the spotlight as Facebook unveils Libra cryptocurrency The original cryptocurrency accounts for over half of the $285 billion global coin trading market. But that dominance is under threat, with a host of alternative digital coins emerging as developers race to build cryptocurrencies able to enter mainstream commerce and finance....
17:34, 2019-06-18

Facebook asked by lawmakers to pause Libra cryptocurrency project Congresswoman Maxine Waters asked Facebook to halt movement of its Libra project until hearings can be held to examine concerns, while French Finance Minister has called for tighter cryptocurrency regulation....
06:00, 2019-06-19

Factbox: Facebook's cryptocurrency Libra and digital wallet Calibra Facebook Inc revealed lofty plans to establish a cryptocurrency called Libra in June, but the project quickly ran into trouble with skeptical regulators around the world....
00:34, 2019-09-14

Facebook's Libra cryptocurrency needs deep thought and detail: UK regulator Facebook's fledging cryptocurrency will raise questions for both society and government that need close examination, a senior official at Britain's financial watchdog said on Tuesday, in another sign that the planned project will face deep scrutiny....
20:51, 2019-07-02

Facebook’s ‘cryptocurrency’ Libra reportedly facing EU competition probe Facebook’s controversial ‘cryptocurrency’ Libra is facing a competition probe by the European Union Commission, according to a document seen by Bloomberg. The European Union’s antitrust regulators are “currently investigating potential anti-competitive behavior” amid concerns Facebook would monopoli...
10:00, 2019-08-21

UPDATE 6-U.S. lawmakers challenge Facebook over Libra cryptocurrency plan U.S. lawmakers bashed Facebook on Wednesday over its planned cryptocurrency, saying the company had not shown it could be trusted to safeguard the world financial system and consumers' data....
00:17, 2019-07-18

Libra: Facebook launches cryptocurrency in bid to shake up global finance Digital currency will let billions of users make transactions but is raising privacy concerns•Facebook’s Libra launch will extend its global domination•All you need to know about Facebook’s new cryptocurrencyFacebook has announced a digital currency called Libra that will allow its billions of users...
12:34, 2019-06-18

UPDATE 3-U.S. lawmakers challenge Facebook over Libra cryptocurrency plan U.S. lawmakers quizzed Facebook on Wednesday over its planned cryptocurrency, after a bruising first bout a day earlier when senators from both parties condemned the project, saying the company had not shown it could be trusted....
19:00, 2019-07-17

Facebook's Libra cryptocurrency stirs criticism, privacy concerns US lawmakers have grilled Facebook on its ambitious plan to create a financial ecosystem based on a digital currency called Libra. The project is viewed with skepticism in many countries, including Germany....
19:51, 2019-07-16

Would you trust Facebook with your money? What Libra cryptocurrency means for users Facebook revealed it will launch a digital currency similar to Bitcoin, called Libra. Here's what that move might means for its users.       ...
23:17, 2019-06-18

France, Germany blast Facebook's Libra, back public cryptocurrency France and Germany said on Friday that Facebook Inc's Libra currency posed risks to the financial sector that could block its authorization in Europe, and backed the development of an alternative public cryptocurrency....
00:34, 2019-09-14

France minister vows to block Facebook Libra cryptocurrency in Europe France's economy and finance minister warned Thursday that he plans to block Facebook's forthcoming cryptocurrency, the Libra, from being used in Europe....
14:34, 2019-09-12

Survey finds adults couldn’t care less about Facebook’s Libra ‘cryptocurrency’ Facebook Libra’s potential to help cryptocurrency go mainstream has been touted in recent weeks, but recent survey results indicate otherwise.  According to a poll conducted by CivicScience, which looked into general interest and public concerns surrounding Libra following the announcement of its la...
21:51, 2019-07-24

Earn Thousands of Dollars for Finding Bugs in Facebook's Libra Cryptocurrency While we’re still waiting on a specific release date for Facebook’s upcoming cryptocurrency, Libra, the company is aiming for an early 2020 release. That gives you plenty of time to find bugs in the currency’s infrastructure—a project that could reward you handsomely....
09:17, 2019-08-28

Facebook's Libra cryptocurrency could raise regulatory issues: BoE deputy governor Plans by Facebook Inc to launch a new global cryptocurrency called Libra could raise regulatory issues, Bank of England Deputy Governor Sam Woods said on Thursday....
20:00, 2019-06-20

Rep. Maxine Waters asks Facebook to pause work on cryptocurrency Libra Democratic Rep. Maxine Waters on Tuesday requested that Facebook pause its development of Libra, an upcoming cryptocurrency that the company plans to release in 2020....
02:00, 2019-06-19

German finance minister: Libra cryptocurrency must wait for regulatory clarity Facebook cannot go ahead with its plans to launch its digital coin Libra until all regulatory issues are dealt with, German Finance Minister Olaf Scholz said on Wednesday as he met with counterparts from G7 countries....
22:51, 2019-07-17

France calls for EU-wide cryptocurrency rules amid Libra concerns The European Union needs to establish a common set of rules for cryptocurrencies to counteract risks posed by Facebook’s Libra, France’s Finance Minister Bruno Le Maire said today. According to Reuters, Libra could pose risks to consumers, financial stability and even “the sovereignty of European st...
13:51, 2019-09-13

Trump bashes Bitcoin and calls for regulation of Facebook’s Libra cryptocurrency Facebook a few weeks ago unveiled its Libra digital coin and blockchain endeavor, a product meant to significantly reducing the remittance fees and waiting time when people exchange money on Facebook. The company created a spinoff to handle the Libra coin payments, as well as a body that would overs...
19:00, 2019-07-12

Libra cryptocurrency: dare you trust Facebook with your money? | John Naughton The social media giant’s foray into bitcoin territory – with some financial big hitters on board – should prompt suspicionWe’ve known for ages that somewhere in the bowels of Facebook people were beavering away designing a cryptocurrency. Various names were bandied about, including GlobalCoin and Fa...
17:51, 2019-06-23

Facebook's Libra cryptocurrency could raise regulatory issues - BoE deputy governor Plans by Facebook Inc to launch a new global cryptocurrency called Libra could raise regulatory issues, Bank of England Deputy Governor Sam Woods said on Thursday....
12:17, 2019-06-20

Facebook Libra Cryptocurrency Plan Details Still Awaited by Swiss Watchdog Facebook's Libra cryptocurrency project has not responded to an information request by Switzerland's data privacy watchdog, the authority said on Tuesday,...
10:17, 2019-07-24

European Central Bank bigwig outlines why Facebook’s Libra isn’t real cryptocurrency A representative of the European Central Bank (ECB) has slammed Facebook‘s quasi-cryptocurrency Libra, referring to its proposed ecosystem as a “siren call.” Yves Mersch, Luxemborgian lawyer and ECB executive board member, even told attendees of the European System of Central Banks’ legal conference...
18:51, 2019-09-02

Spooked by Facebook's Libra, euro zone to step up work on public cryptocurrency Euro zone governments and central banks are working on a long-term plan to launch a public digital currency that they hope would make redundant projects like Facebook's Libra, which is seen as a risk to financial stability, officials said on Friday....
14:51, 2019-09-13

France creates G7 cryptocurrency task force as Facebook's Libra unsettles governments France is creating a G7 task force to study how central banks ensure cryptocurrencies like Facebook's Libra are governed by regulations ranging from money-laundering laws to consumer-protection rules, France's central bank governor said on Friday....
14:17, 2019-06-21

‘Crypto Twitter’ anxiously awaits white paper for Facebook’s Libra cryptocurrency Tomorrow, Facebook is expected to release full details of its new “cryptocurrency” project Libra — as always, Twitter has lots to say. Few concrete facts about Facebook‘s Libra (formally known as GlobalCoin) have been made public so far. Reports indicate the likes of Mastercard, Visa, Stripe, and Pa...
20:17, 2019-06-17

Facebook says cryptocurrency Libra won't happen without 'full government approval' amid broad resistance Amid growing bipartisan resistance to its proposed digital coin, Facebook will tell lawmakers that it won't move forward with its Libra cryptocurrency without full government approval and regulatory oversight....
17:34, 2019-07-16

France to create a joint G7 cryptocurrency task force amid Facebook’s Libra woes France is putting together a Group of Seven Nations (G7) task force to explore how central banks can make sure cryptocurrencies adhere to money-laundering and consumer protection rules. That’s according to the country’s central bank governor who announced the news today. The announcement comes days ...
17:51, 2019-06-21

A Michigan congressperson said Facebook's Libra cryptocurrency reminded him of a 'platypus' but then decided it was more like a traveler's check (FB) Bill Clark/Getty Images David Marcus, head of Facebook's cryptocurrency efforts, testified at a House of Representatives Committee on Financial Services hearing about Libra, the social network's forthcoming cryptocurrency. Rep. Bill Huizenga used his time to question Marcus and slip in humorous asi...
10:17, 2019-07-18

David Marcus, head of Facebook Libra cryptocurrency, grilled by skeptical Senate lawmakers Senate lawmakers said Tuesday they don't trust a plan by Facebook to devise and roll out an entirely new digital cryptocurrency system, the Libra, next year....
20:17, 2019-07-16

Bitcoin takes a tumble as US lawmakers grill Facebook on plans to introduce its own Libra cryptocurrency Reuters The cryptocurrency market took a beating on Tuesday with bitcoin losing over 10% in value. The devaluation comes after US lawmakers grilled Facebook on its plans to introduce its own cryptocurrency Libra in 2020. David Marcus, the company's top executive overseeing the planned Libra proje...
19:34, 2019-07-17

Tech news roundup: HPE Discover 2019, Facebook's Libra cryptocurrency, and Google Cloud's debacle This week's TechRepublic and ZDNet news stories include a look at the companies that hire the most data scientists, four significant impacts of a security breach, and a first-hand account of a major hack job....
19:17, 2019-06-19

Facebook had to invent a totally new programming language, Move, for its Libra cryptocurrency project because no other language was up to the task (FB) Reuters Last week, Facebook announced a brand new cryptocurrency of its own called Libra — an initiative that has already drawn the attention of Silicon Valley, government officials, and even astrologists. Less noticed was the fact that Facebook also launched a new programming language to use...
01:00, 2019-07-02

The White Paper by Satoshi Nakamoto review – the future of cryptocurrency Bitcoin was radical and utopian, a way to avoid both government and big business. What happened?Eight years ago, Visa, Mastercard and PayPal, which together make up more than 97% of the global market for payment services, cut off funding to WikiLeaks (you could still donate to the Ku Klux Klan, the ...
21:34, 2019-06-27

Businesses can now accept PayPal through Google Pay in 24 countries In all 24 countries where PayPal's integrated with Google Pay, businesses can now optionally accept PayPal with Google Pay through their apps or websites.Read More...
00:34, 2019-06-21

PayPal suspends account used to raise money for KKK PayPal suspended an account used to raise money for the Ku Klux Klan on Friday after being flagged by anti-bigotry activists, according to a report. The account was promoted on a donation page run by The Loyal White Knights of the Ku Klux Klan, the BBC News reported. The white supremacist group clai...
10:51, 2019-09-04

“Aussie PayPal” Explodes Higher: These Were the Warning Signs The guidelines that are laid out in the Wall Street classic book, Elliott Wave Principle, are there for a reason: They work. Of course, no forecasting method is perfect, but see how applying the Elliott wave model helped one of our global analysts spot an interesting opportunity....
14:32, 2019-05-21

PayPal Scales Back Outlook, Spooking Investors Shares fell more than 6% in aftermarket trading after the financial-technology company said delays in product integrations, as well as other factors, would cause its full-year revenue to be lower than it had previously predicted....
03:51, 2019-07-25

PayPal expands access to its ecommerce platform to SMBs Small businesses will soon be able to take advantage of the same online shopping infrastructure used by Instagram and Facebook as PayPal has announced that it is rolling out a new ecommerce platform.The new platform will combine exiting parts of the company's payments business such as allowing ...
00:51, 2019-06-04

PayPal backs Swedish financial tech startup Tink PayPal Holdings Inc has invested 10 million euros ($11.2 million) in Tink, a Swedish company that enables banks and financial technology startups to access financial data more easily, the companies said on Tuesday....
07:17, 2019-06-04

Stocks to Watch: UnitedHealth, PayPal, Sprouts Farmers Market, and More Companies with shares expected to trade actively in Friday’s session include UnitedHealth, PayPal, Sprouts Farmers Market, Walmart, and LSC Communications....
20:17, 2019-06-21

Visa CEO: Unlike PayPal and Square, we won't block gun purchases unless it becomes illegal "We shouldn't tell people they can't purchase a 32-ounce soda. We shouldn't tell people they can't buy reproductive drugs," Visa CEO Alfred Kelly said....
21:17, 2019-08-07

PayPal investing about $11 million in Swedish financial tech start-up Tink PayPal Holdings has invested 10 million euros ($11.2 million) in Tink, a Swedish company that enables banks and financial technology start-ups to access financial data more easily, the companies said on Tuesday....
09:00, 2019-06-04

PayPal Launches International Money Transfer Service Xoom Across Europe PayPal is expanding further in Europe by launching its international money transfers service Xoom in Britain and 31 other countries across the continent....
17:34, 2019-07-16

Airlines want joint lifting of 737 MAX ban, but EU cautious Airlines urged regulators on Sunday to coordinate on software changes to the Boeing 737 MAX in a bid to avoid damaging splits over safety seen when the aircraft was grounded in March....
14:51, 2019-06-02

Giants don’t want Daniel Jones to be too cautious There will come a time when interceptions matter for Daniel Jones. Now is not that time. Giants coach Pat Shurmur wants his rookie quarterback to test the limits of how aggressive he can be during training camp practices when there is no harm, no foul. “This is where you see what you can get away......
10:00, 2019-08-02

UPDATE 1-Airlines want joint lifting of 737 MAX ban, but EU cautious Global airlines urged regulators on Sunday to coordinate on software changes to the Boeing 737 MAX, thus avoiding damaging splits over safety seen when the aircraft was grounded in March....
07:34, 2019-06-02

Trump is likely to be 'very cautious' on the Middle East: Eurasia Robert Johnston of Eurasia Group says spare capacity and relatively weak demand will likely "moderate" the price spike in oil following drone attacks that knocked out about half of Saudi Arabia's daily crude production....
18:17, 2019-09-16

The Latest: Tusk ‘more cautious than optimistic’ at summit BRUSSELS (AP) — The Latest on the EU summit on the candidates for the bloc’s top jobs (all times local): 4:05 p.m. European Council president Donald Tusk says he is “more cautious than optimistic” ahead of the latest gathering of European leaders in Brussels. The bloc’s leade...
16:34, 2019-06-20

China's Tencent cautious after surge in quarterly profit China's Tencent Holdings , the world's largest gaming company by revenue, warned on Wednesday of a difficult economic environment even as it reported a better-than-expected 35% jump in quarterly profit....
20:51, 2019-08-14

Toys ‘R’ Us plans a cautious comeback with 2 stores this fall The first two new Toys ‘R’ Us stores will open in November as part of a small comeback of the defunct iconic toy chain in the US. Plans for a Toys ‘R’ Us comeback were first reported by The Post in January. Richard Barry, a former Toys ‘R’ Us executive and now CEO...
20:00, 2019-07-18

BMW CEO Steps Down After a Too-Cautious Strategy Loses Market Share Having presided over the German marque for four years, Harald Krueger is stepping down as CEO of BMW. He will not seek an extension of his contract, effective through April of 2020, and the board will meet to discuss finding his successor on July 18th. In the meantime, Krueger will remain in positio...
20:51, 2019-07-06

EU's Tusk 'more cautious than optimistic' on top jobs deal on Thursday European Council President Donald Tusk said he was "more cautious than optimistic" that a deal on the European Union's top jobs can be achieved between 28 national leaders of the bloc convening in Brussels on Thursday....
16:17, 2019-06-20

'Iconic' venue an extra motivation for cautious Rose Winning a U.S. Open at "iconic" Pebble Beach would be right up there with lifting the Claret Jug at St. Andrews, Justin Rose said after earning the early second-round lead on Friday....
02:51, 2019-06-15

The Latest: Markets cautious ahead of Fed rate decision WASHINGTON (AP) — The Latest on the Federal Reserve’s monetary policy meeting (all times local): 5:05 a.m. Stock markets are subdued as investors look ahead to the U.S. Federal Reserve’s policy meeting, where the central bank is expected to indicate it could cut interest rates in coming ...
11:34, 2019-06-19

Cautious U.S. coach Popovich wary of World Cup quality Even though Gregg Popovich has a roster packed with NBA All-Stars, the United States coach is still a little concerned about the quality of opposition his team will face at the basketball World Cup in August....
19:51, 2019-06-11

Rush to Corporate Bonds Reflects Cautious Optimism A shift by some investors to corporate bonds from stocks indicates relative confidence in the ability to pay back debt despite slowing earnings growth....
10:34, 2019-09-11

UK tells telecom firms to be cautious over Huawei after U.S. warnings British telecom companies should show "all due caution" before using China's Huawei equipment in their 5G networks because the government cannot ignore the warnings from the United States, its digital minister said....
18:51, 2019-06-13

Faraday Future's New CEO Gave Us The BMW i8, But The Actual Future Remains Uncertain Do you remember Faraday Future? Last time we were talking about it, it was getting $225 million for one more go at this whole “making a car” thing. Before that, there were furloughs, a near bankruptcy, and some lawsuits. Now, it has a new CEO, the man who gave us the BMW i8 and co-founded Byton. Wil...
06:00, 2019-09-05

Asia markets cautious as Trump presses Mexico on trade Asian shares got off to a hesitant start on Thursday as investors feared a looming U.S. trade war with Mexico would further depress global growth, even as they wagered central banks would have to respond with fresh stimulus....
05:51, 2019-06-06

Emirates head cautious on quick return to service for Boeing 737 MAX  Emirates airline President Tim Clark said on Sunday that global regulators should act in a coordinated way to return the Boeing 737 MAX to service and warned it could take six months to get the grounded jet back into operation....
07:34, 2019-06-02

Sensex, Nifty Move In A Range Amid Cautious Trade Top laggards on the 50-scrip index were Dr Reddy's, Cipla, Reliance Industries, Coal India and Yes Bank, trading between 1.12 and 2.63 per cent lower....
14:51, 2019-06-07

European shares rise in cautious trade, FTSE shines European shares opened higher on Monday, driven by a rally in miners, while sentiment remained fragile as the United States and China kicked off the latest round of tit-for-tat tariffs on each others goods....
11:51, 2019-09-02

French government cautious on Fiat-Chrysler-Renault hookup PARIS (AP) — France’s government is sounding a note of caution about a possible alliance between French automaker Renault and Fiat Chrysler Automobiles. Both companies are in talks about a tie-up, as major carmakers around the world try to share the significant costs of developing autonomous a...
01:17, 2019-05-27

China Is Playing a Cautious Waiting Game in Hong Kong Hong Kong’s protests continue. The unrest began in response to a proposed law that would allow Hong Kong to extradite its citizens to face prosecution in mainland China’s court system, a plan that stoked fears China could use the law to seize political dissidents and journalists deemed i...
22:00, 2019-09-05

After Tyler Skaggs’ Death, M.L.B. Turns a Cautious Eye to Its Drug Policy Baseball and the players’ union said the pitcher’s overdose death had caused them to re-examine the policy, which does not require testing for “drugs of abuse,” but any proposed changes could raise privacy concerns....
11:34, 2019-09-07

Credit analysts cautious over Illinois budget, infrastructure plan Some results from Illinois' action-packed spring legislation session that produced a budget and a variety of revenue-raising measures won initial praise on Monday from credit rating analysts, who cautioned that fiscal challenges remain....
01:17, 2019-06-04

CFM erases jet engine output delay, cautious on rate increases CFM International has caught up with delays in deliveries of its LEAP jet engine after keeping its assembly lines running at high speed while the Boeing 737 MAX remains grounded, the French-American engine maker said on Saturday....
15:17, 2019-06-15

After Tyler Skaggs’s Death, M.L.B. Turns a Cautious Eye to Its Drug Policy Baseball and the players’ union said the pitcher’s overdose death had caused them to re-examine the policy, which does not require testing for “drugs of abuse,” but any proposed changes could raise privacy concerns....
12:00, 2019-09-09

Google announces customers can now use PayPal with Google Pay Google has just announced it has expanded its partnership with PayPal to provide merchants with more ways to accept payments online. Starting next week, Google Pay will benefit from PayPal integration in all 24 countries where customers can link their PayPal account to Google Pay.Merchants that enab...
08:51, 2019-06-22

Asian shares rise on conciliatory trade tone but mood cautious Asian shares ticked higher on Friday as China struck a hopeful tone on trade with the United States but continued fears about a global growth slowdown, or even a recession, capped sharp rallies....
03:34, 2019-08-30

Oil and gas sector cautious as clock ticks down to Trans Mountain pipeline decision The oil and gas sector is looking forward to what's widely expected to be approval of the Trans Mountain pipeline expansion while acknowledging the decision won't solve all problems....
20:51, 2019-06-17

Liverpool pre-season dates: Reds take cautious approach with weary stars Jurgen Klopp's Liverpool squad will begin preparations for a renewed assault on major honours when they report back for pre-season training on July 6....
15:51, 2019-06-10

Asian shares near one-week top on soothing trade tone, overall mood cautious Asian shares jumped to a one-week high on Friday as the United States and China showed a willingness to resolve their trade dispute by returning to the negotiating table, though lingering recession fears tempered some of the enthusiasm....
10:34, 2019-08-30

UPDATE 1-European shares rise in cautious trade; FTSE shines European shares ticked higher in thin trade on Monday as surprisingly positive data from China helped weather a hit from the latest round of tit-for-tat tariffs between the United States and China that came into effect over the weekend....
11:51, 2019-09-02

REFILE-European shares rise in cautious trade, FTSE shines European shares opened higher on Monday, driven by a rally in miners, while sentiment remained fragile as the United States and China kicked off the latest round of tit-for-tat tariffs on each other's goods....
15:17, 2019-09-02

Nikkei down as market cautious before Powell's remarks; machinery stocks fall Japan's Nikkei edged lower in choppy trade on Wednesday as investors awaited key testimony on the U.S. economy from the Federal Reserve chief, while machinery shares fell on poor June orders....
07:51, 2019-07-10

Norwich spurn spending spree as promoted sides stay cautious | Ben Fisher Daniel Farke and Chris Wilder are keen to learn from others’ mistakes and resisting the urge to splash out excessivelyIt is hardly a science but for a rough indication of how promoted clubs can best make a fist of staying up, perhaps it is best to examine some of the more disastrous recent attempts....
15:51, 2019-07-18

PRECIOUS-Gold prices steady amid cautious mood, focus shifts to Fed Gold prices were little changed on Wednesday as investors maintained a cautious stance ahead of the conclusion of U.S. Federal Reserve's two-day meeting, where policymakers are expected to cut interest rates....
04:17, 2019-09-18

GLOBAL MARKETS-Asian shares near 1-wk top on soothing trade tone, overall mood cautious Asian shares jumped to a one-week high on Friday as the United States and China showed a willingness to resolve their trade dispute by returning to the negotiating table, though lingering recession fears tempered some of the enthusiasm....
12:34, 2019-08-30

GLOBAL MARKETS-Asia stocks cautious on trade talks; euro under pressure Asian shares nudged higher on Wednesday amid hints of progress in the Sino-U.S. trade saga, while the dollar hit two-month highs on the euro as investors wagered on a dovish outcome from the European Central Bank's coming policy meeting....
03:17, 2019-07-24

UPDATE 1-Temasek portfolio rises at slowest pace in 3 years, cautious on outlook Singapore's Temasek Holdings reported the smallest rise in its portfolio value in three years as declines in key bank stock holdings weighed, and the state investor said it had tempered its pace of investments....
10:34, 2019-07-09

PRECIOUS-Gold prices inch up amid cautious mood; investors eye ECB meet Gold prices edged up on Wednesday, but hovered near a four-week low hit in the previous session as risk appetite improved amid hopes of an interest rate cut by the European Central Bank and fiscal stimulus measures from Germany, Europe's largest economy....
05:17, 2019-09-11

GLOBAL MARKETS-Asia shares cautious in case Powell closes rate door Asian shares turned mixed on Wednesday while rising Treasury yields lifted the dollar as markets wondered if the world's most powerful central banker would confirm or confound expectations for U.S. policy easing this month....
07:51, 2019-07-10

GLOBAL MARKETS-Asian shares cautious as weak manufacturing data stoke growth worries Asian shares were choppy on Tuesday as weak global manufacturing activity reinforced worries about slowing world growth, while the initial enthusiasm over a Sino-U.S. trade truce gave way to uncertainty over whether the two nations can strike a durable deal....
05:00, 2019-07-02

GLOBAL MARKETS-Asia stocks make cautious gains as weak data boosts stimulus hopes Asian stocks eked out modest gains on Monday, amid a cautious market mood as investors pinned expectations on likely stimulus to support growth in the world's major economies, which showed further signs of struggle....
05:00, 2019-09-09

Beyond Meat uses climate change to market fake meat substitutes. Scientists are cautious While companies selling imitation meat boast of the environmental benefits, some climate researchers say that the carbon footprint of those products are significantly higher than real plant-based diets....
15:51, 2019-09-02

METALS-Base metals trade sideways amid cautious sentiment Industrial metals on Tuesday traded in tight range amid a lack of progress in the prolonged U.S.-China trade war and weak manufacturing data that sparked concerns of slowing global growth and demand for metals....
07:17, 2019-06-04

The Future Of Food: Can Lab-Grown Insect Meat Be A Future Food? Given the harmful effect livestock farming poses for the planet, researchers have proposed plant-based diets, insect farming, lab-grown meat, and genetically modified animals as an alternative to......
11:34, 2019-06-01

Want to make $10,000 from Libra? Break its blockchain The supposedly independent group of companies tasked with overseeing the delivery of Facebook‘s “cryptocurrency” Libra has announced a public bug bounty. In a blog post yesterday, the Libra association disclosed that its offering up to $10,000 to security researchers that find flaws and help tune up...
21:00, 2019-08-28

US Treasury has 'serious concerns' Libra could be used for terrorism The US government views cryptocurrencies, including Facebook-backed Libra, as a national security issue. In a press conference today, Treasury Secretary Steven Mnuchin said the Treasury Department has "very serious concerns" that Libra could be misus......
23:17, 2019-07-15

Facebook's New Libra Coin: How Does It Work, and Should You Buy It? On Tuesday Facebook announced Libra, a cryptocurrency that it will launch (along with 27 other partners) in 2020. A little like Bitcoin and a little like PayPal, Libra will be a new digital currency, one available to people without bank accounts or credit cards, but that could potentially be a major...
17:34, 2019-06-19

Facebook Libra scams already on the rise Ahead of the launch of Facebook's Libra, a new investigation by The Washington Post has discovered a dozen accounts, pages and groups on both Facebook and Instagram that claim to be official hubs of the social networking giant's new cryptocurrency.Some of these fraudulent pages even advert...
19:17, 2019-07-23

Facebook's Libra Needs Scrutiny, BOE's Carney Says Facebook’s Libra project should be carefully vetted by regulators, Bank of England Gov. Mark Carney is expected to say Thursday, offering an early insight into how the U.K. central bank will approach the new cryptocurrency....
06:51, 2019-06-21

U.S. SEC chief says he has not discussed Libra with Facebook A top U.S. financial market regulator said on Tuesday he has not discussed with Facebook its Libra currency proposal, nearly a month after the social media giant announced the project....
21:17, 2019-07-16

France: We can't allow Facebook's Libra in Europe Facebook's Libra cryptocurrency cannot be allowed to operate in Europe while concerns persist about sovereignty, systemic financial risks and the risk of abuses by a dominant market player, France's finance minister said on Thursday....
10:00, 2019-09-13

Facebook's Libra will be disruptive, says ECB's Coeure Digital currencies such as Facebook's Libra will disrupt the financial system, either by forcing central banks to innovate or by grabbing a global role that could challenge the dominance of the dollar, ECB board member Benoit Coeure said on Tuesday....
05:17, 2019-09-18

U.S. SEC chief says he has not met with Facebook since Libra announcement A top U.S. financial market regulator said on Tuesday he has not discussed with Facebook its Libra currency proposal, nearly a month after the social media giant announced the project....
22:17, 2019-07-16

SEC Weighs Whether to Regulate Facebook's Libra U.S. securities regulators are examining whether Facebook Inc.’s planned cryptocurrency should fall under their oversight, a development that could further complicate the project....
20:51, 2019-07-13

Cryptocurrency 101: What every business needs to know There’s promise and peril in the still-evolving world of cryptocurrencies such as Bitcoin and Ether. Here's everything individuals and businesses need to know about the basics of wallets, exchanges, and the next directions in this expanding ecosystem....
06:00, 2019-06-19

Fed's Powell Says Facebook's Libra Raises 'Serious Concerns' Federal Reserve Chairman Jerome Powell and legislators in both parties expressed broad concern about Facebook’s plan to create a cryptocurrency-based payment network....
03:51, 2019-07-12

How Facebook's Libra could lead you to clean out your wallet Facebook's upcoming cryptocurrency Libra has some experts concerned about security issues. A possible bigger problem: out-of-control spending by consumers....
18:17, 2019-07-05

Facebook, stop trying to make Libra happen Just when we thought Facebook’s Libra couldn’t be subject to any more scrutiny, it turns out that data protection bosses from all over the world have banded together to share concerns about the ‘cryptocurrency’s’ potential privacy risks. Data officers from the UK, European Union, US, Canada, Burkina...
17:00, 2019-08-06

Facebook's Libra Bets It Can Bank the Unbanked Facebook has an ambitious goal for its proposed cryptocurrency, Libra: to bring financial services to the hundreds of millions of people world-wide who don’t use banks or other traditional institutions. The cryptocurrency sector has for years tried to do the same and failed....
18:51, 2019-08-22

Facebook's Libra Is a License to Print Money A bunch of big companies have agreed to pony up $10 million each to take part, and it is easy to see why: On some reasonable-sounding assumptions about its take-up, it could be insanely profitable in real money, too....
14:51, 2019-06-23

Stablecoins like Libra must be held to highest standards: G7 Stablecoins like Facebook's Libra can foster financial inclusion but they must be held "to the highest regulatory standards" to ensure that they aren't used to launder money and that users are protected, a Group of Seven taskforce on the issue concluded....
17:34, 2019-07-18

Libra Association launches bug bounty program The Libra Association has announced a bug bounty program with up to $10,000 in rewards for identifying security flaws in the blockchain's testnet code.Read More...
11:34, 2019-08-28

U.S. Warns Switzerland on Oversight of Facebook's Libra The U.S. urged Switzerland to ensure its regulations governing cryptocurrencies are strong enough to prevent abuse, as the European banking hub prepares to host Libra, a digital currency proposed by Facebook....
04:34, 2019-09-12

Hard to Read Facebook's Libra Fortune Facebook’s cryptocurrency unveiling was widely anticipated, but bets on Libra catching on and generating meaningful revenue remain highly speculative....
19:00, 2019-06-18

Facebook needs to drop Libra and buy Square, Jim Cramer says "It's clearly doing more harm than good," the "Mad Money" host says. Instead Facebook should buy Square for $70 billion and expand the payments network worldwide....
04:00, 2019-07-18

Singapore amongst currencies Facebook wants tied to Libra Social media giant has reportedly informed US government officials that the Singapore dollar, Japanese yen, and euro are amongst an initial bundle of global currencies that likely will be included in a reserve fund backing its cryptocurrency....
11:00, 2019-09-10

IMF says regulators must address possible risks from Facebook's Libra Facebook Inc's planned cryptocurrency Libra could help boost financial inclusion, but also raises concerns about consumer protection, data privacy, and potential "backdoor dollarization," the IMF's chief economist said on Wednesday....
19:00, 2019-07-17

Facebook's Libra could undercut ECB's powers: Mersch Widespread acceptance of Facebook's proposed Libra currency could even undermine the European Central Bank's ability to set monetary policy, a potential risk for the currency bloc, ECB board member Yves Mersch said on Monday....
11:51, 2019-09-02

Facebook to face more scrutiny from Congress on Libra Facebook Inc will face more questioning on Wednesday by U.S. lawmakers over its planned cryptocurrency after a bruising first bout when senators from both parties condemned the project, saying the company had not shown it could be trusted....
14:51, 2019-07-17

Facebook met UK officials three times before Libra announcement Facebook met British finance ministry, central bank and regulatory officials in the weeks before making public its plans for the Libra digital currency, responses to Reuters freedom of information requests show....
04:00, 2019-09-19

Facebook's Libra falls into 'big gap' in EU rules: regulator Facebook's proposed Libra cryptocurrency falls into a "big gap" in European Union financial regulation at a time when the bloc's ability to tackle money laundering is already stretched, a top EU regulator said on Thursday....
18:34, 2019-09-05

Investors Bet That Visa, Mastercard Can Stand Up to Libra Investors are betting that Facebook’s efforts to create a blockchain-based payments system won’t threaten credit-card companies’ winning streak—at least for now....
22:17, 2019-06-18

Facebook Says Central Banks Have Nothing to Fear From Libra Facebook is once again defending Libra -- this time against fears that the envisioned cryptocurrency could replace sovereign currencies from the US dollar to the Euro and threaten central banks'......
17:51, 2019-09-18

Facebook won't make Libra available until regulators are happy Facebook is determined to reassure officials that its Libra cryptocurrency is above-board. As part of prepared testimony for a July 16th Senate hearing, Calibra head David Marcus has stressed that the social network won't offer the virtual money unti......
23:17, 2019-07-15

Facebook to Hire Banking Expert to Run 'Libra' David Marcus, Facebook's vice president of messaging products and a key figure behind 'Libra' digital currency project, made the statement in an interview....
20:00, 2019-06-29

Facebook's real goal with Libra is to become even more of a utility David Marcus, the head of Facebook's digital currency project, said the company expects Libra will drive more advertising revenue for the company....
22:17, 2019-07-15

Facebook's Libra coin likely to run a regulatory gauntlet Facebook Inc will face unprecedented regulatory scrutiny over a new digital currency that the social media company hopes will become globally recognized legal tender within a year....
00:17, 2019-06-29

Libra Association opens Bug Bounty program to everyone Facebook's Calibra digital wallet isn't expected to launch until 2020. But, as you might expect, the organization created to protect the Libra cryptocurrency that will be used with Calibra (and other Libra financial services) is already working to en......
20:34, 2019-08-27

EU regulators to set high bar to authorise Libra, ECB's Coeure says European Union regulators will set a high bar on regulatory approvals for virtual currency projects in Europe, including Facebook's Libra, European Central Bank board member Benoit Coeure said on Friday....
14:51, 2019-09-13

Facebook's New Cryptocurrency Gets Big Backers Facebook has signed up more than a dozen companies including Visa, Mastercard, PayPal and Uber to back the new cryptocurrency that the social-media giant plans to unveil next week....
02:17, 2019-06-14

You can now buy shares in this brewery using cryptocurrency Paying for coffee with Bitcoin is a common trope in the cryptocurrency industry, but what about beer? More specifically, what about buying shares of a beer company with Bitcoin? The edgy Scotland-based brewery BrewDog announced yesterday that it’s extending its current round of crowdfunding – what i...
19:17, 2019-07-05

Everything You Need to Know About Facebook's Upcoming Cryptocurrency In case you hadn’t heard, Facebook’s working on a cryptocurrency. There have been plenty of rumors floating around on the secretive project, codenamed Libra, for a while now, but this week we saw the floodgates open with reports of a likely official launch on June 18. Read more......
06:00, 2019-06-08

FCA proposes ban on cryptocurrency products Financial Conduct Authority says crypto-assets are ill-suited to small investors and very volatileThe UK’s markets regulator has proposed a ban on financial instruments linked to digital cryptocurrencies such as bitcoin, warning that such products could cause huge losses for retail consumers unlikel...
15:51, 2019-07-03

Cryptocurrency Derivatives Face U.K. Ban A British regulator proposed a ban on selling derivatives based on bitcoin and other digital currencies to individual investors, calling these products “unsuitable investments” for nonprofessionals....
18:51, 2019-07-04

No, NASA Did Not Say It's Developing Its Own Cryptocurrency Let’s get one thing straight right now: “crypto” means “cryptography.” It does not mean “cryptocurrency.” Unless you’re a person who thinks the blockchain is the future, that is, which is how we ended up with the dumbest news cycle this side of a measles outbreak.Read more......
04:34, 2019-09-06

France Hardens Position Against Facebook's Libra Currency Europe should block Facebook-backed digital currency Libra and create a public alternative, a senior French official said, staking out a hard line amid broader resistance to the idea from U.S. and international officials....
19:51, 2019-09-12

Washington Has Doubts About Facebook's Libra Payments Network Cryptocurrency backers found a silver lining in President Trump’s Thursday attacks on bitcoin: The attention from him—and Fed Chairman Jerome Powell the same day—shows the industry’s growing importance....
16:34, 2019-07-12

Here are the Senate’s sickest burns dished out to Facebook’s Libra Facebook‘s digital currency, Libra, has been causing a bit of a ruckus lately. Since its plans became public a few weeks ago, headlines have largely been awash with why it’s probably a bad idea. Nations all over the globe started to wake up to the reality of a currency controlled by the data hoardin...
19:00, 2019-07-17

Bitcoin Fans Spy Opportunity in Facebook Libra Launch Bitcoin’s backers are adamant that Facebook’s coming digital currency, Libra, won’t spell the demise of other cryptocurrencies. To the contrary, many believe the launch of Libra spells opportunity....
19:00, 2019-06-18

Facebook Questioned by Lawmakers on Its Libra Digital Currency Top Senate lawmakers questioned Facebook’s plans for its own cryptocurrency, with the banking committee’s leading Democrat saying the social-media giant isn’t trustworthy enough to operate its own digital money....
21:34, 2019-07-16

France doesn’t want Facebook to operate Libra in Europe Facebook’s ambitious cryptocurrency project, Libra, has been facing a lot of heat in Europe since its announcement in June. Now, according to Reuters, the French finance minister, Bruno Le Maire, doesn’t want it to operate in the EU, as he feels it’s unclear exactly how the digital currency will fun...
06:17, 2019-09-13

| Privacy watchdogs warn Facebook over Libra currency Global privacy regulators have joined forces to demand guarantees from Facebook on how it will protect users' financial data when it launches its planned cryptocurrency, Libra....
06:51, 2019-08-07

UPDATE 1-IMF says regulators must address possible risks from Facebook's Libra Facebook Inc's planned cryptocurrency, Libra, could help boost financial inclusion, but also raises concerns about consumer protection, data privacy, and potential "backdoor dollarization," the IMF's chief economist said on Wednesday....
19:00, 2019-07-17

UK's data watchdog seeks more clarity from Facebook over Libra Britain's data protection watchdog said on Monday that it had joined with its counterparts from around the world in calling for more openness about Facebook's proposed Libra digital currency....
05:34, 2019-08-06

Germany against allowing Facebook's Libra in Europe: Der Spiegel The German government is against giving regulatory approval for Facebook's Libra digital currency in the European Union, Der Spiegel magazine reported on Friday, citing a member of Chancellor Angela Merkel's conservatives....
00:34, 2019-09-14

Swiss welcome scrutiny in handling Libra cyrptocurrency: watchdog Switzerland welcomes international scrutiny of the way it oversees the Facebook-led Libra cryptocurrency project and is ready to work with other countries to ensure seamless supervision, the top Swiss financial watchdog said....
10:00, 2019-09-13

Libra launch won't happen until regulators are happy: Coeure Global regulators will not let Facebook launch its Libra currency until all their concerns, ranging from money laundering to financial stability, have been addressed and "a prolonged discussion" may be needed first, the man in charge of their response told Reuters....
17:34, 2019-07-18

| Facebook’s big Libra launch 'only fanned the flames' for critics Congress holding hearings on Facebook’s plan for a possible digital coin suggests that the high-profile debut for Libra was likely a public relations effort gone bad....
23:34, 2019-08-03

China says new digital currency will be similar to Facebook's Libra China's proposed new digital currency would bear some similarities to Facebook's Libra coin and would be able to be used across major payment platforms such as WeChat and Alipay, a senior central bank officer said....
21:34, 2019-09-06

Facebook’s Libra coin isn’t even out yet, but it’s already facing opposition in Europe Facebook on Tuesday announced the Bitcoin rival it has been developing for the better part of a year: Libra. From the start, Facebook insisted on how secure Libra would be, and on the fact that a subsidiary called Calibra will be in charge of Libra, and that a Libra Association would oversee the Lib...
00:00, 2019-06-19

‘Arrogance,’ ‘a ploy,’ 'bold’: Here’s what officials are saying about Facebook’s Libra Officials at home and abroad sounded off this week about Facebook's plans to start a cryptocurrency, expressing fears it could destabilize financial markets....
00:17, 2019-07-20

Facebook's Libra puts 'unregulated cryptocurrencies' into focus The G7 ministers said this week they want to clamp down on cryptocurrencies like Facebook's Libra, arguing new and untested digital coins risk destabilizing international monetary systems. But can they and should they?...
03:00, 2019-07-20

Can Facebook's Libra Avoid Regulators? History Suggests Not For all its crypto styling, Facebook’s Libra looks less like bitcoin and more like a 50-year-old type of investment fund that has attracted intense regulatory scrutiny since the 2008 financial crisis. Investors should be skeptical of claims it can escape the same kind of attention....
15:17, 2019-07-04

BoE's Carney says keeping open mind on Facebook's Libra Bank of England governor Mark Carney has said he is keeping an 'open mind' on the potential utility of Facebook's planned cryptocurrency, but warned it may face strict regulation if it takes off....
20:00, 2019-06-18

Facebook reveals its new digital currency called Libra As expected, Facebook announced a brand new cryptocurrency coming in 2020 – Libra. Described as a new digital wallet for new digital currency, the new financial service will allow consumers to keep their cryptocurrency safe, as well as make various transactions.When it launches in 2020, the digital ...
20:00, 2019-06-18

EU looking to see if Facebook's Libra currency poses competition risks EU regulators are examining Facebook's proposed Libra cryptocurrency to see if it harms competition, Europe's antitrust regulator said on Wednesday, the latest watchdog to voice concerns about the social network's move into financial services....
23:17, 2019-09-04

| Facebook's Libra currency could threaten the euro - official Widespread adoption of Facebook's proposed 'Libra' cryptocurrency could harm the European Central Bank's ability to manage the eurozone economy and threaten the euro itself, a top official said....
11:51, 2019-09-04

Why Facebook's Libra currency gets the thumbs down | Joseph Stiglitz Only a fool would trust Facebook with their financial wellbeing. But maybe that’s the point of the Libra currencyFacebook and some of its corporate allies have decided that what the world really needs is another cryptocurrency, and that launching one is the best way to use the vast talents at their ...
17:01, 2019-07-02

Facebook's Libra Could Give Dollar, Banks Some Welcome Competition Facebook’s new digital currency has the potential to become a true alternative to national currencies by creating a de facto central bank, which other fin-tech startups and cryptocurrencies have failed to do....
20:51, 2019-06-27

Facebook Says Libra Can Change the World. It Needs to Convince Users. Facebook has big plans to remake the financial system with its cryptocurrency-based payments network. But persuading people to adopt a brand-new technology could be tough....
20:51, 2019-06-27

Facebook’s Libra Association is being investigated by EU antitrust regulators Facebook's Libra cryptocurrency project is being probed again, this time by European Union antitrust regulators. The European Commission said it is "currently investigating potential anti-competitive behavior," related to the Libra Association, Bloom......
00:51, 2019-08-21

Facebook's Libra Coin Frightening, Company Co-Founder Says Facebook co-founder Chris Hughes, who initiated the call to break up the social networking giant, has termed the new digital currency Libra "frightening"....
14:17, 2019-06-22

Facebook's Libra launch will extend its global domination Cryptocurrency could wipe out many businesses and further concentrate corporate powerEvery week, dozens of people walk into the Sunshine convenience store in Charlottesville, Virginia, to send money to relatives in other countries. They use a service called MoneyGram, one of the two largest firms (t...
15:51, 2019-06-18

Facebook's Libra faces EU antitrust probe: Bloomberg Facebook Inc's proposed digital currency Libra faces anti-trust probe by European Union regulators, Bloomberg reported on Tuesday, citing a document seen by the organization....
02:17, 2019-08-21

Libra: US Congress asks Facebook to pause development Legislators say they need time to investigate cryptocurrency and its potential impactThe US Congress has asked Facebook to pause development on its Libra cryptocurrency until lawmakers have had more time to investigate the ramifications of the company’s actions.In a letter from the Democratic heads ...
13:51, 2019-07-03

Is Facebook’s new Libra currency a play to become the world’s banker? The social-media giant says it wants to provide financial services to billions of people around the world, including those who lack access to banking....
02:01, 2019-06-19

Japan urges G-7 to think beyond existing rules in dealing with Libra Japanese Finance Minister Taro Aso on Wednesday urged his G-7 counterparts to make a comprehensive assessment of Facebook's Libra digital currency for any fresh challenges that could be overlooked by existing regulations....
04:51, 2019-07-18

Congress finally catches up to the ‘bitcon’ after Libra controversy As I was saying in a column back on May 22, bitcoin and all the other phony cryptocurrencies need to be investigated. They are “bitcons” — confidence games that are going to eventually cheat anyone foolish enough to entrust their money to these scams. And they are dangerous because they allow rogue ...
05:17, 2019-07-18

Mastercard is assembling its own cryptocurrency team Big payment companies face revolutionary pressures from the development of digital money. Mastercard, which is partnered with Facebook on its Libra cryptocurrency announced in June, is now putting together its own cryptocurrency team. “Do you have the desire to work at the cutting-edge intersection ...
14:34, 2019-08-18

Facebook to launch cryptocurrency for FB users Facebook unveiled an ambitious plan Tuesday to create a new digital currency for its 2 billion-plus users worldwide. The currency, called Libra, could drive more e-commerce and boost ads on its platforms, but also raise privacy concerns. (June 18)       ...
23:17, 2019-06-18

Libras unhappy with name for new Facebook cryptocurrency Facebook's new Libra cryptocurrency won't be seen until next year, but an unusual chorus of criticism is already being heard -- specifically, from persons born between Sept. 23 and Oct. 23....
05:51, 2019-06-20

Nvidia’s revenues still hit by death of cryptocurrency Nvidia has announced its earnings for the second quarter of the 2020 financial year, and it appears that the graphics giant is still feeling the effects of the death of cryptocurrency, with revenue falling by 17%.A few years ago, the cryptocurrency craze was in full swing, with people able to make a...
15:00, 2019-08-16

Government Cryptocurrency Cop Heads to Law Firm The former government lawyer who managed Washington’s crackdown on cryptocurrency fraud is joining Davis Polk & Wardwell LLP, a white-shoe law firm whose clients include some of Wall Street’s biggest banks and stock exchanges....
07:00, 2019-08-21

Rick Santorum Is a Cryptocurrency Guy Now, Apparently In what is either an incredible blockchain-enabled monetization opportunity or a sign that perhaps the gears are finally starting to fall out of this thing, Republican politician, failed presidential candidate, and former Pennsylvania Senator Rick Santorum is a cryptocurrency guy now.Read more......
15:17, 2019-06-12

Hacker ordered to pay back almost £1m in cryptocurrency A hacker who carried out cyber attacks on dozens of firms including Sainsbury's and Uber while living at a caravan park in Kent has been ordered to pay back more than £900,000 in cryptocurrency he had stashed away....
00:17, 2019-08-25

The Morning After: Facebook is launching its own cryptocurrency Happy Wednesday to you. If you're a Firefox user, update your browser. We'll wait. If you're into crypto, read up on Facebook's own take on digital currency (and explain it to me if you could). If you're into Quidditch and hippogryphs, then get hyped......
21:00, 2019-06-19

Nonprofits using cryptocurrency to help needy Venezuelans BARQUISIMETO, Venezuela — Andreina Cordero started the year skipping meals so her three kids could eat. Her husband, a construction worker, was out of a job. And the family’s savings had been devastated by the nation’s hyperinflation, limiting Cordero’s children to a diet of rice, ...
04:17, 2019-05-23

Government Panel Recommends Ban On Cryptocurrency The panel was set up in 2017 by the then finance minister, Arun Jaitley, after reports of extensive money laundering with the use of digital currencies...
22:51, 2019-07-22

Bitcoin 101: Your essential guide to cryptocurrency Thomson ReutersBitcoin is everywhere. The cryptocurrency is seemingly in the news every day as investors and businesses try to understand the future of this digital finance. But what is Bitcoin all about?See the rest of the story at Business InsiderSee Also:Apple Card could launch in the next few we...
07:51, 2019-08-05

Cryptocurrency Is "Not Money", Says Donald Trump US President Donald Trump expressed his mistrust of cryptocurrency Thursday, saying it was "not money" and warning that those wishing to join the trade would have to abide by banking regulations....
09:34, 2019-07-12

Indian Panel Recommends Cryptocurrency Ban An Indian government panel has recommended banning all private cryptocurrencies and a jail term of up to 10 years and heavy fines for anyone dealing in digital currencies....
08:17, 2019-07-23

Tech Tips: Cryptocurrency Business One major tech giant is trying to get into the cryptocurrency business, News 4 Tucson’s Quincey Hobbs takes a closer look on how it works. Learn more in the video below....
08:17, 2019-07-06

It sure looks like Apple is gearing up for more cryptocurrency apps At this year’s Apple Worldwide Developers Conference (WWDC) the company is set to announce the release of “CryptoKit;” a cryptography-oriented tool kit for Apple developers. While the iPhone-maker avoids mentioning the magical words ‘blockchain’ and ‘cryptocurrency,’ it sure sounds like the new tool...
22:51, 2019-06-05

The Cryptocurrency That's Leading the Pack in 2019 Our Cryptocurrency analysis showed subscribers a bullish Elliott Wave trade set-up on Cardano's price chart, namely: A third wave. See it for yourself....
21:34, 2019-05-21

Facebook is already awash with fraudulent ads about its own cryptocurrency Facebook revealed its cryptocurrency plans just a month ago, and already it's the subject of a wave of fraudulent ads. As The Washington Post reports, around a dozen fake accounts, pages and groups have appeared on Facebook and Instagram, presenting......
19:51, 2019-07-23

AT&T is the first major US wireless carrier to let you pay via cryptocurrency If you’re an AT&T mobile customer, and you have some extra bitcoin lying around that you’re not doing anything with, you can now use it to pay your phone bill. AT&T just became the first big US wireless carrier to announce that its customers can now use cryptocurrency to make payments, a...
00:17, 2019-05-25

Facebook's cryptocurrency may debut this month Facebook's long-rumored cryptocurrency may be on the cusp of launching, and with a few twists to boot. The Information sources say the digital money is expected to premiere later in June. The social network is reportedly planning a big push that wo......
17:34, 2019-06-06

What’s a cryptocurrency exit scam and how do I spot one? Welcome to Hard Fork Basics, a collection of tips, tricks, guides, and info to keep you up to date in the cryptocurrency and blockchain world. Google ‘cryptocurrency’ and the likelihood is you’ll see ‘exit scam’ somewhere in the results. But, what are they, how do they work, and more importantly, ho...
18:51, 2019-07-16

Facebook could announce its own cryptocurrency next month Public interest in cryptocurrency could be set for a rebound as social media giant Facebook is planning to announce its own digital coin later this month according to a new report from The Information.Last year, the company appointed former PayPal executive David Marcus to start exploring possible o...
20:34, 2019-06-06

Bitcoin price falls below $10,000 as boost from Facebook's Libra fades Cryptocurrency climbed to nearly $14,000 on news social network was launching rivalThe price of bitcoin has fallen back below $10,000, down 30% from last week’s peak of nearly $14,000.Continuing its wild ride, the digital currency dropped to $9,717 on Tuesday, down 8.1% on the day. Last Wednesday, t...
13:34, 2019-07-02

Facebook forced to take action against fraudsters peddling fake Libra It’s barely been a month since Facebook unleashed its cryptocurrency Libra into the wild and published its whitepaper. But already, the social media giant has been forced to address a growing number of fake communications associated to its digital asset. Around a dozen “fake accounts, pages, and gro...
15:00, 2019-07-23

Consensus among G7 ministers to tackle Facebook's Libra - French chair G7 ministers meeting in France on Wednesday agreed on the need to confront the emergence of digital currencies following Facebook's plans to launch its Libra digital coin, a French G7 presidency source said on Wednesday....
20:17, 2019-07-17

Facebook Libra digital currency will carry hidden costs When Facebook announced its intention to get into the money business, we wondered what would be next. Its own court system? An army?: Our view       ...
02:00, 2019-07-04

Swiss watchdog expects details on Facebook's Libra by end of month Switzerland's privacy watchdog expects to receive details on Facebook's Libra cryptocurrency by the end of this month, a spokeswoman for the agency said on Tuesday....
02:17, 2019-08-21

Consensus among G7 ministers to tackle Facebook's Libra: French chair G7 ministers meeting in France on Wednesday agreed on the need to confront the emergence of digital currencies following Facebook's plans to launch its Libra digital coin, a French G7 presidency source said on Wednesday....
22:51, 2019-07-17

G7 urges tough Libra regulation, agrees to tax digital giants Digital currencies such as Facebook's planned Libra raise serious concerns and must be regulated as tightly as possible to ensure they do not upset the world's financial system, Group of Seven finance ministers and central bankers said on Thursday....
17:34, 2019-07-18

Singapore wants more details on Facebook Libra before deciding on regulatory response Country's central bank remains in talks with Facebook and wants more details on how the US social media platform plans to implement its cryptocurrency before exploring potential legislation....
22:17, 2019-07-08

Swiss-based Libra will have to meet tough U.S. standards: U.S. Treasury The Facebook-led Libra cryptocurrency project must meet the highest standards for combating money laundering and terrorism financing if it is to get off the ground, a senior U.S. Treasury official said on Tuesday....
20:34, 2019-09-10

Bitcoin near two-week highs, fueled by hopes for Facebook's Libra Bitcoin held on Tuesday near its highest for two weeks after surging as much as 9% overnight, a move analysts said was probably driven by hopes that cryptocurrencies are gaining wider acceptance after Facebook disclosed plans for a digital coin....
12:51, 2019-07-09

Swiss National Bank in close contact with authorities on Libra Switzerland's central bank is in close contact with relevant authorities over Facebook's Geneva-based Libra cyptocurrency project, Swiss National Bank Vice-Chairman Fritz Zurbruegg said on Tuesday....
13:34, 2019-08-27

Facebook's Libra seeks Swiss payment system license Facebook's Libra cryptocurrency project is seeking a Swiss payment system license, financial watchdog FINMA said on Wednesday, noting the breadth of the planned services would require broad oversight....
14:51, 2019-09-11

Germany's Scholz: We cannot accept parallel currencies such as Facebook's Libra German Finance Minister Olaf Scholz said on Tuesday that policymakers could not accept the emergence of parallel currencies, adding that Berlin would reject any such plans....
18:17, 2019-09-17

ECB's Villeroy tells Facebook that Libra faces tough scrutiny European Central Bank board member Francois Villeroy de Galhau said on Tuesday that "stablecoins" like Facebook’s Libra highlight gaps in rules and the media giant's project faced a tough regulatory approach....
12:51, 2019-09-17

Germany's Scholz sounds alarm on cryptocurrencies such as Facebook's Libra German Finance Minister Olaf Scholz said on Tuesday regulators must ensure that cryptocurrencies such as Facebook's planned digital coin Libra do not threaten financial stability and consumer privacy....
22:17, 2019-07-16

'Flaky, unstable, bad with money': astrologers on Facebook's Libra currency With Mars in the 12th house at the time of the announcement, the new cryptocurrency should ultimately succeedWhen Facebook announced its cryptocurrency Libra, which shares its title with an astrological sign for people born approximately between 23 September and 23 October, people had a lot of quest...
00:00, 2019-06-21

Swiss-based Libra will have to meet tough U.S. standards-U.S. Treasury The Facebook-led Libra cryptocurrency project must meet the highest standards for combating money laundering and terrorism financing if it is to get off the ground, a senior U.S. Treasury official said on Tuesday....
23:17, 2019-09-10

Facebook should stop trying to disrupt payments with Libra and focus on repair Facebook has had quite a run operating in the completely unregulated, wild world of social media, finally ending with a mea culpa that it needs government regulation in order to manage the massive social and democratic disorder it has created. With its new Libra cryptocurrency, Facebook wants to dis...
03:17, 2019-08-19

France urges EU rules on cryptocurrencies, warns of Libra risks The European Union should create a common set of rules for virtual currencies, currently largely unregulated in the bloc, to counter risks posed by Facebook's cryptocurrency Libra, France's Finance Minister said on Friday....
11:51, 2019-09-13

Facebook official says regulatory concerns to be addressed before Libra launch Facebook Inc's top official overseeing the launch of its Libra cryptocurrency plans to tell U.S. lawmakers the company will not launch the digital currency until regulatory concerns and approvals are fully addressed....
18:00, 2019-07-15

Switzerland warns Facebook's Libra it will face extra scrutiny Facebook's Libra cryptocurrency suffered another setback on Wednesday when Switzerland said the proposed payments system could face strict rules that typically apply to banks, on top of tough anti-money laundering laws....
18:51, 2019-09-11

Facebook's Libra: Why is the world fascinated by a cashless society Facebook’s Libra is joining the cryptocurrency world alongside Bitcoin and Ethereum, but this isn’t the first cashless method on the market. As companies are simplifying consumer transactions, will cash reach an expiration date? We explain.       ...
19:34, 2019-06-28

US lawmakers hammer Facebook exec over Libra's threat to privacy House members challenge company over its plans to protect data and question its goals in latest clash on Capitol HillFacebook once again faced intense questioning from US lawmakers over the future launch of its cryptocurrency project Libra, in a combative hearing that highlighted deep skepticism ove...
01:00, 2019-07-18

Mnuchin joins chorus against Facebook cryptocurrency Facebook’s cryptocurrency plan has finally found a place where it isn’t controversial — because everybody in Washington seems to hate it. Treasury Secretary Steven Mnuchin on Monday became the latest to blast “Libra,” the digital currency the social network proposed last month to simplify global mon...
04:17, 2019-07-16

Nonprofits turn to cryptocurrency to help needy Venezuelans Over the past decade, cryptocurrencies like EOS and bitcoin have become popular among investors looking to make large profits from a new and anonymous form of storing wealth....
14:34, 2019-05-22

Bitcoin takes hit as lawmakers rip Facebook’s cryptocurrency The price of bitcoin plunged 10 percent on Tuesday after Facebook’s own digital currency project faced another drubbing — this time by lawmakers. A Facebook executive in charge of the planned digital coin, known as Libra, received a harsh reception Tuesday by members of the Senate Banking Committee,...
04:17, 2019-07-17

Brave now lets you tip people on Twitter with cryptocurrency You can now tip your favorite Twitter users directly with cryptocurrency with the latest build of the Chromium-based open source browser Brave. The latest Nightly build of Brave will let users send digital tokens as a tip to tweeters of their choosing. Bear in mind though, the Nightly build is the l...
16:34, 2019-05-24

Facebook Pressed on Protections for Cryptocurrency Users House lawmakers questioned Facebook about how its cryptocurrency should be regulated and its plans to protect users, underscoring the political hurdles facing the company as it seeks to issue the digital cash called Libra....
08:51, 2019-07-18

Fed, Congress Promise Scrutiny of Facebook Cryptocurrency The social network began to learn how Washington will check its push into digital currencies, with leaders of the Federal Reserve and an influential Senate committee saying they will scrutinize its rollout....
02:51, 2019-06-20

PwC has a new cryptocurrency auditing tool… and actually, it sounds alright One of the Big Four financial auditing and business services firms, PwC, wants to lend a hand to cryptocurrency businesses and help them keep track of their blockchain transactions. In an announcement released yesterday, PwC says the addition will be made to its suite of auditing tools called Halo. ...
22:00, 2019-06-20

Facebook reportedly launching new cryptocurrency in June Facebook is expected to announce its digital currency at some point this month, as the social network company has found outside backers that will help strengthen the trust in its upcoming cryptocurrency, The Information reports.The report mentions the digital token used by Facebook will work as a b...
12:17, 2019-06-09

Facebook Unveils Cryptocurrency in Bid to Reshape Finance Facebook formally announced plans to launch a cryptocurrency called Libra, promising a secure blockchain-based payment system backed by hard assets and designed for mainstream users....
04:00, 2019-06-19

Regulators Have Doubts About Facebook Cryptocurrency. So Do Its Partners. The social media company said it had signed 27 partners to its Libra project. But executives at some of those companies said they were approaching it warily....
19:00, 2019-06-27

Goldman Sachs might launch its own ‘cryptocurrency’ – just like JP Morgan American banking giant Goldman Sachs might be following in the footsteps of its competitor JP Morgan. The bank is considering launching its own cryptocurrency. In an interview with French financial newspaper Les Echos today, Goldman Sachs CEO David Solomon said that they are doing extensive research...
15:17, 2019-06-28

Facebook faces privacy hurdles in cryptocurrency Facebook unveiled an ambitious plan Tuesday to create a new digital currency. One technology expert believes they must first 'convince people to trust' them with their personal information in order for it to succeed. (June 18)        ...
00:17, 2019-06-19

Judge allows suit against AT&T after $24 million cryptocurrency theft Enlarge / An AT&T store in New Jersey. (credit: Michael Brochstein/SOPA Images/LightRocket via Getty Images) When Michael Terpin's smartphone suddenly stopped working in June 2017, he knew it wasn't a good sign. He called his cellular provider, AT&T, and learned that a hacker had gained control of...
02:34, 2019-07-24

Facebook Unveils Cryptocurrency Despite Privacy Concerns As it continues to explore new business models that may work in a world focused on privacy rather than broadly sharing data online, Facebook on Tuesday revealed plans for its own global digital currency, Libra, which aims to allow users to make purchases or send money with close to zero transaction ...
22:51, 2019-06-18

Facebook's cryptocurrency plan is taking shape The world's biggest social network has indicated that it wants to move into the payments industry by launching its own cryptocurrency next year. DW looks at what's behind Facebook's not-so-cryptic plan....
19:51, 2019-06-18

China's c.bank to issue own cryptocurrency as soon as Nov - Forbes China plans to issue its own crytocurrency as early as Nov. 11, the country's busiest shopping day for online sales, U.S. financial magazine Forbes said, citing two sources familiar with the matter....
08:51, 2019-08-28

Apple Pay’s VP just called cryptocurrency ‘interesting’ — which is dumb Apple Pay‘s vice president, Jennifer Bailey, has revealed her company thinks cryptocurrency is “interesting.” Wow, so brave. According to CNN, Bailey even double-downed on that fearless description, confirming that Apple thinks it has “interesting long-term potential,” whatever the fuck that means. ...
17:00, 2019-09-05

Facebook vows Libra currency will wait for approval as U.S. airs worries Facebook Inc said on Monday it would not proceed with the launch of its Libra cryptocurrency until regulatory concerns are addressed, as the U.S. Treasury secretary took the unusual step on of saying he had serious concerns it could be used for illicit activity....
23:34, 2019-07-15

Facebook co-founder says Libra could shift monetary clout to private companies: FT Facebook Inc's Libra cryptocurrency would hand over much of the control of monetary policy from central banks to private companies, the company's co-founder Chris Hughes said in an opinion piece in the Financial Times on Friday....
13:00, 2019-06-21

Central banks will want oversight of Facebook's Libra: Bank of England's Carney Major central banks and regulators will want oversight of Facebook's proposed new currency and payment system, Libra, to ensure it is safe and does not allow money laundering or finance terrorism, Bank of England Governor Mark Carney said....
10:17, 2019-06-21

Facebook's cryptocoin Libra could become a worldwide currency, says CEO of fintech startup Tally "It literally threatens the governments that issue currency, the banks that store it and the actual transmission network," Tally's Jason Brown says....
23:17, 2019-06-18

'Facebook is already too big and too powerful': Senate to dig into Libra, the tech giant's new crypto project (FB) The US Senate Banking Committee plans to hold a hearing on Facebook's newly-announced Libra cryptocurrency project on July 16th, Reuters reports. On Tuesday, Senator Sherrod Brown (D-OH), the ranking member of the committee, responded to the announcement of Libra with concern: "Facebook is already ...
01:17, 2019-06-20

Unruly social media no model for Facebook's Libra currency: BoE's Carney Facebook cannot expect its new Libra currency to benefit from the same unregulated free-for-all that helped the company achieve a dominant position in social media, Bank of England Governor Mark Carney said on Thursday....
20:00, 2019-06-20

Trump Blasts Facebook's Libra, Demands It Face Banking Regulations Donald Trump on Thursday criticised Bitcoin, Facebook's Libra digital coin, and other cryptocurrencies and demanded that companies seek a banking charter and make themselves subject to US and global......
09:00, 2019-07-12

Facebook co-founder says Libra could shift monetary clout to private companies - FT Facebook Inc's Libra cryptocurrency would hand over much of the control of monetary policy from central banks to private companies, the company's co-founder Chris Hughes said https://www.ft.com/content/aa97ad20-91a0-11e9-8ff4-699df1c62544 in an opinion piece in the Financial Times on Friday....
14:34, 2019-06-21

World finance leaders raise ‘serious regulatory’ concerns over Facebook’s Libra The chairman's concluding summary from the G-7 meeting in Chantilly, France, says the officials agreed that so-called stablecoins - cryptocurrencies pegged to real currencies - will have to meet "the highest standards" of financial regulation....
14:51, 2019-07-18

Britain won't try to stop Facebook's new Libra digital coin, says UK finance minister Regulators, not lawmakers, should decide whether Facebook needs a banking license to launch Libra, says outgoing U.K. finance minster Philip Hammond....
17:17, 2019-07-15

‘Trust’ was mentioned 69 times at Facebook’s Libra Senate hearing – nice In the 220-minute-long Senate hearing where Facebook’s head of Calibra, David Marcus, was grilled on the company’s “cryptocurrency” plans, the word trust was mentioned every two minutes on average, working out to 69 times in total. Not all of these instances were focused on how people can’t or shoul...
16:17, 2019-07-18

Japan sets up working group on impact of Facebook's Libra ahead of G7 Japanese authorities have set up a working group to discuss the impact Facebook's proposed Libra digital coin could have on monetary policy and financial regulation, government sources said, ahead of a G7 finance leaders' gathering where the topic will be high on the agenda....
03:17, 2019-07-13

Smaller cryptocurrencies feel pain as criticism of Facebook's Libra grows Bitcoin hasn't been the only casualty of the backlash by the world's major economic powers against Facebook's plans for a cryptocurrency, with smaller digital coins also feeling the burn....
22:51, 2019-07-17

Halt Libra Project Until Concerns Addressed: Federal Chief To Facebook US Federal Reserve Chairman Jerome Powell said on Wednesday that Facebook's plan to build a digital currency called Libra "cannot go forward" until serious concerns are addressed, comments that......
01:00, 2019-07-11

Facebook's Libra Project Is Getting Hammered From All Sides, With Fed Chair Raising 'Serious Concerns' Facebook’s already-troubled Libra cryptocurrency project, which has already run into significant opposition among the U.S. House Committee on Financial Services and the Senate Banking Committee, is running headlong into further resistance from regulators.Read more......
11:00, 2019-07-11

World's policymakers ready for action to control Libra: Italy's Tria The world's top financial policymakers gathering in France on Wednesday are worried about Facebook's plans to launch a digital currency and have decided to act to keep this initiative in check, Italy's finance minister said on Wednesday....
20:17, 2019-07-17

Fed chief calls for Facebook to halt Libra project until concerns addressed U.S. Federal Reserve Chairman Jerome Powell said on Wednesday that Facebook's plan to build a digital currency called Libra "cannot go forward" until serious concerns are addressed, comments that pressured the project and dented the price of the original cryptocurrency bitcoin....
23:17, 2019-07-10

EU antitrust regulators raise concerns about Facebook's Libra currency: sources EU antitrust regulators want to know whether Facebook's proposed Libra cryptocurrency and its use of consumer data pose possible anti-competitive constraints, people familiar with the matter said on Wednesday....
19:00, 2019-08-21

Europe should ignore 'treacherous promises' of Facebook's Libra currency: ECB's Mersch Facebook's proposed Libra currency could undermine the European Central Bank's ability to set monetary policy and Europe should ignore its siren call of "treacherous promises" ECB board member Yves Mersch said on Monday....
16:51, 2019-09-02

Global regulators to question Facebook's Libra amid EU concerns: paper Global regulators will question Facebook on Monday about its Libra cryptocurrency, amid concerns from European Union governments over the threat the digital currency poses to financial stability, the Financial Times reported on Sunday....
13:51, 2019-09-15

The group overseeing Facebook's libra is applying for a payments license in Switzerland The Libra Association, the organization in charge of overseeing Facebook's proposed cryptocurrency, said Wednesday it will apply for a payments license in Switzerland....
15:51, 2019-09-11

UPDATE 1-Facebook's Libra seeks Swiss payment system licence Facebook's Libra cryptocurrency project is seeking a Swiss payment system licence, financial watchdog FINMA said on Wednesday, noting the breadth of the planned services would require broad oversight....
11:34, 2019-09-11

Facebook's Libra in regulators' sights as ECB's Coeure warns of 'stablecoin' risks Facebook's attempt to drag cryptocurrencies into the mainstream with its Libra digital coin met with further scepticism on Monday when an ECB board member said such "stablecoins" posed serious risks....
00:51, 2019-09-17

Kobo debuts Libra H2O e-reader, updates software with more tools for readers Enlarge (credit: Valentina Palladino) Nearly one year after releasing the Forma e-reader, Kobo returns today with a new slab dubbed the Kobo Libra H2O. The $169 e-reader retains the skeleton of the Forma, but is actually a smaller device. It has a 7-inch, 1680×1264, 300ppi E Ink display, down from...
06:51, 2019-09-04

UPDATE 2-Swiss-based Libra will have to meet tough U.S. standards-U.S. Treasury The Facebook-led Libra cryptocurrency project must meet the highest standards for combating money laundering and terrorism financing if it is to get off the ground, a senior U.S. Treasury official said on Tuesday....
21:00, 2019-09-10

Monero security flaw could’ve seen XMR stolen from cryptocurrency exchanges Privacy-focused altcoin Monero has suddenly disclosed nine security vulnerabilities — including one that could have allowed hackers to steal XMR from cryptocurrency exchanges. Until March, rogue Monero miners were hypothetically able to create “specifically-crafted” blocks to force Monero wallets in...
00:34, 2019-07-05

Bitcoin is the most popular cryptocurrency on Reddit, followed by Ethereum and Monero Bitcoin is the most popular cryptocurrency on Reddit with an average of 3,600 comments about the digital currency being posted every day. On the other hand, Ethereum and Monero are the protagonists of 500 and 380 daily comments respectively. That’s according to a new research paper by Pacific Northw...
16:34, 2019-06-11

Facebook reportedly courting help from Winklevoss twins for its cryptocurrency As Facebook continues to poke around at the possibility of creating its own digital currency, it's created the possibility for the unlikeliest of reunions. According to the Financial Times, the social networking giant has held talks with the Winklevo......
19:34, 2019-05-24

Fugitive U.S. tech guru: Cryptocurrency is next Cuban revolution On the run from U.S. tax authorities, tech guru John McAfee puffs a cigar aboard his towering white yacht in a Havana harbor and says he can help Cuba evade the U.S. government too - by launching a cryptocurrency that defeats a U.S. trade embargo....
01:51, 2019-07-06

Blockchain startup hacked itself to ‘save’ $13M of its users’ cryptocurrency A blockchain startup hacked its users’ wallets to save $13 million in Bitcoin and other cryptocurrency from being stolen, ZDNet reports. Security researchers advised the Komodo Platform of a ‘backdoor‘ in Agama, one of its older wallet apps, that would have allowed hackers to siphon any and all digi...
17:17, 2019-06-06

Yet another cryptocurrency mining botnet caught targeting China It seems we can’t go more than a week without news of a new cryptocurrency mining malware or botnet being discovered. This time, security researchers have uncovered another Monero mining botnet that’s targeting China. One of Trend Micro’s security systems uncovered a URL spreading the cryptocurrency...
18:00, 2019-06-13

Facebook's Calibra cryptocurrency wallet launches in 2020 After months of rumors and speculation, Facebook is finally making its cryptocurrency efforts official. This is Calibra, a digital wallet that will use a new cryptocurrency called Libra. Calibra, which is now a subsidiary of Facebook, is designed to......
15:00, 2019-06-18

Facebook will reportedly launch cryptocurrency 'GlobalCoin' in 2020 Justin Sullivan/Getty Images Facebook is reportedly developing a digital payments system that will be rolled out in several countries by the first quarter of 2020. The BBC reported the company has been holding meetings with trading firms and officials before it hopes to start testing "GlobalCoin" b...
22:34, 2019-05-25

Israeli hacker allegedly stole $1.7M in cryptocurrency from Europeans A cybercriminal from Israel is facing a long list of felonies associated with the supposed theft of $1.7 million (6.1 million NIS) in various cryptocurrencies. The perp, 31-year old Eliyahu Gigi from Tel Aviv, reportedly stole Bitcoin, Ethereum, and Dash from various foreigners, including Belgians, ...
13:01, 2019-07-18

Coinbase lets you copy its top cryptocurrency traders with new tool Coinbase has today launched a tool that enables users to see information based on the activity of its top traders.  As part of the new launch, customers will see the anonymized data of the top 10 percent of users and can use the information to create their own cryptocurrency investment strategy. Dat...
13:01, 2019-07-18

Facebook cryptocurrency, life-saving smartphones and more: Tech Q&A Please help me solve a debate. I say my smart TV can get bit by malware and viruses. My buddy says I am a dope. Who’s right? A six-pack is riding on your answer!...
21:00, 2019-06-30

Facebook cryptocurrency: dawn of the corporation-government | Ethan Lou If it gets the green light from regulators, Facebook is on its way to creating its own currency – a prospect that should alarm usFacebook’s cryptocurrency, officially unveiled Tuesday, heralds the rise of the corporation-government, potentially shaping the already vast powers of the Silicon Valley g...
17:34, 2019-06-19

U.S. video streaming app YouNow files cryptocurrency offering with SEC U.S. live video streaming company YouNow on Wednesday filed with the Securities and Exchange Commission a public offering circular to distribute its own digital currency called Props....
03:00, 2019-06-20

Binance offering up to $290,000 bounty to catch cryptocurrency KYC extortionist It’s never a dull day in the world of cryptocurrency, and today is no different. Over the past few hours an unknown individual has been terrorizing cryptocurrency exchange Binance and its users by attempting to extort 300 Bitcoin (nearly $3.5 million) out of the business. The exchange is also giving...
15:17, 2019-08-07

Senate panel schedules a hearing on Facebook's cryptocurrency It didn't even take 48 hours after Facebook announced its cryptocurrency scheme for the government to raise an eyebrow. House Financial Services Committee Chairwoman Maxine Waters called for Facebook to halt development, and now the Senate Committee......
10:34, 2019-06-20

Hackers hid malware in a fake trading app to steal your cryptocurrency Security researchers have uncovered a knock-off cryptocurrency trading website designed to steal the funds of unwitting victims. Cybercriminals have created a website that imitates the Cryptohopper cryptocurrency trading platform to distribute malware that could steal personal information, hijack yo...
17:17, 2019-06-06

France creating G7 cryptocurrency taskforce, says central banker France will set up a G7 taskforce on "stable coin" projects, including Facebook's planned Libra cryptocurrency, that will be led by European Central Bank board member Benoit Coeure, France's central bank Governor Francois Villeroy de Galhau said on Friday....
10:17, 2019-06-21

House chairwoman wants Facebook to pause work on its cryptocurrency You knew Facebook's Libra cryptocurrency would come under scrutiny as soon as it became official, and the US government isn't wasting any time. House Financial Services Committee Chairwoman Maxine Waters has issued a statement calling on Facebook to......
01:51, 2019-06-19

U.S. lawmaker calls for Facebook to pause cryptocurrency project A leading U.S. House lawmaker on Tuesday called on Facebook Inc to halt development on its new cryptocurrency and for company executives to testify before Congress, adding to global concerns about what the digital currency could mean for data privacy and security....
01:17, 2019-06-19

Cryptocurrency Exchange Koinex Shuts Operations: 10 Things To Know Cryptocurrency exchange Koinex on Thursday announced its decision to shut down all of its digital assets exchange services and operations. In a series of posts on microblogging site Twitter, Koinex......
20:34, 2019-06-27

U.S. lawmaker says still concerned about Facebook cryptocurrency after Swiss meetings The chair of the U.S. House Financial Services Committee said on Sunday she remained concerned about Facebook's plans for a digital currency after meeting the government officials in Switzerland that Facebook has said will regulate it....
08:51, 2019-08-26

State TV: Iran closes down 2 cryptocurrency mining farms TEHRAN, Iran (AP) — Iran’s state TV is reporting that authorities have shut down two cryptocurrency mining operations in the central part of the country. The Thursday report said the mining “farms” had 1,000 machines that were consuming about 1 megawatt of electric power per hour. ...
21:51, 2019-06-27

Manny Pacquiao launches own cryptocurrency at concert debut Welterweight champ launches own crypto tokens at concert‘Pac’ token will be listed on Global Crypto Offering ExchangeMichael Owen, Caroline Wozniacki also plan to launch tokensPhilippine boxing champion Manny Pacquiao launched his very own cryptocurrency on Sunday at a free concert in Manila, where ...
23:17, 2019-09-02

Facebook is launching a ‘global’ cryptocurrency in 2020 – we’re all doomed Rumors that Facebook has been working on a cryptocurrency haven’t exactly flown under the radar. And with the latest revelation, the Facebook cryptocurrency machine looks set to step up a gear. Facebook says it will be launching its cryptocurrency – GlobalCoin –  “in about a dozen countries” by the ...
16:34, 2019-05-24

Facebook plans to launch 'GlobalCoin' cryptocurrency in 2020 Mark Zuckerberg met governor of Bank of England last month to discuss decisionFacebook is planning to launch its own cryptocurrency in early 2020, allowing users to make digital payments in a dozen countries.The currency, dubbed GlobalCoin, would enable Facebook’s 2.4 billion monthly users to change...
10:34, 2019-05-24

Facebook's cryptocurrency-based payments system gets big backers: WSJ Facebook Inc has enlisted more than a dozen companies including Visa Inc, Mastercard Inc, PayPal Holdings Inc and Uber Technologies Inc to back its new cryptocurrency, the Wall Street Journal reported on Thursday....
13:17, 2019-06-14

Facebook Confronts Bipartisan Resistance to Cryptocurrency Plans U.S. officials ranging from Treasury Secretary Steven Mnuchin, a Republican, to Rep. Maxine Waters, the Democratic chairwoman of a powerful House committee, came out swinging against Facebook’s Libra project....
01:34, 2019-07-16

U.S. Treasury's Mnuchin to give briefing on cryptocurrency on Monday U.S. Treasury Secretary Steven Mnuchin will give a briefing on cryptocurrency at 2:00 pm ET (1800 GMT) on Monday from the White House briefing room, a White House official said....
23:34, 2019-07-15

$32m stolen from Tokyo cryptocurrency exchange in latest hack Bitpoint suspends services after apparent theft of virtual monies including bitcoinA cryptocurrency exchange in Tokyo has halted services after it lost $32m (£25m) in the latest apparent hack on volatile virtual monies.Remixpoint, which runs the Bitpoint Japan exchange, discovered that about ¥3.5bn ...
15:00, 2019-07-12

Facebook Faces Bipartisan Resistance to Cryptocurrency Plans U.S. officials ranging from Treasury Secretary Steven Mnuchin, a Republican, to Rep. Maxine Waters, the Democratic chairwoman of a powerful House committee, came out swinging against Facebook’s Libra project....
21:51, 2019-07-15

55,000 Brazilians scammed out of $200M+ worth of fake cryptocurrency A Brazilian cryptocurrency crime cartel has been shut down after conning over 55,000 investors for over $200 million. The cartel ran an unlicensed financial institution without authorization from Brazil’s Central Bank. The scammers claimed to offer cryptocurrency investments and promised investors 1...
11:51, 2019-05-22

U.S. senators: Facebook should not be trusted with ‘crazy’ cryptocurrency plan Democratic and Republican lawmakers said Facebook's track record of as untrustworthiness should stand in the way of it launching a digital currency.Read More...
06:00, 2019-07-17

Mnuchin says Facebook cryptocurrency needs safeguards against money laundering U.S. Treasury Secretary Steve Mnuchin on Monday voiced serious concern that Facebook Inc's proposed Libra cryptocurrency could be misused for money laundering, adding to the growing regulatory skepticism of the social media company's digital asset plans....
05:17, 2019-07-16

$200M cryptocurrency mixing operation dismantled by Eurocops A cryptocurrency mixing service that turned over $200 million worth of Bitcoin has been shut down following an investigation led by authorities from a number of European nations. The Dutch anti-fraud agency (FIOD) and Public Prosecution Service announced yesterday they have shut down Bestmixer.io an...
11:51, 2019-05-23

Coinbase and Barclays split up – but the cryptocurrency exchange already has a new banking bae Just days after Coinbase announced the removal of support for Zcash for UK customers, reports suggest the cryptocurrency exchange is parting ways with banking mainstay Barclays. Sources familiar with the matter told CoinDesk that Barclays is no longer working with Coinbase. It’s unclear if the sourc...
11:17, 2019-08-14

Rabobank is the second major bank to cancel its cryptocurrency wallet After exploring the opportunity last year, major Dutch bank Rabobank has decided it’s not going to take its plans for a cryptocurrency wallet any further. In February last year, news surfaced that Rabobank was working on a cryptocurrency service – called Rabobit – which promised to bridge the gap be...
18:17, 2019-05-23

Huobi announces launch of cryptocurrency exchange in Argentina Huobi Group, which runs one of the world's largest cryptocurrency exchanges, announced on Tuesday the official launch of a digital asset exchange in Argentina....
05:17, 2019-09-18

Venezuelans go after diamond-backed cryptocurrency Ponzi with $30M lawsuit A group of Venezuelans that moved to the US to “start a new life” are suing a $30 million cryptocurrency Ponzi scheme that allegedly backed its coins with real diamonds. On Friday last week, a group of Venezuelans submitted a lawsuit claiming they were fraudulently promised massive returns on invest...
13:34, 2019-07-16

Facebook should not be trusted with 'crazy' cryptocurrency plan: senators Democratic and Republican lawmakers said on Tuesday that Facebook Inc's track record of what they described as untrustworthiness should stand in the way of it launching a digital currency, labeling the plan "delusional" and "crazy" at a Senate hearing....
22:17, 2019-07-16

Facebook's cryptocurrency-based payments system gets big backers -WSJ Facebook Inc has enlisted more than a dozen companies including Visa Inc, Mastercard Inc , PayPal Holdings Inc and Uber Technologies Inc to back its new cryptocurrency, the Wall Street Journal reported https://on.wsj.com/2IdYo3a on Thursday....
04:34, 2019-06-14

55,000 cryptocurrency users affected in Bitpoint’s $28 million hack Embattled cryptocurrency exchange Bitpoint has revealed that roughly half of its 110,000 users were affected by last week’s $3.02 billion yen ($28 million) hack, reports The Mainchi. Speaking at a Tokyo press conference, Bitpoint president Genki Oda noted that of the 3.02 billion yen stolen, custome...
14:51, 2019-07-16

Facebook to defend plans for cryptocurrency before Senate committee Facebook has pitched the cryptocurrency as a way to bridge a gap in the financial system for those who lack access to traditional banking. But regulators around the world and U.S. lawmakers have questioned the plan....
17:01, 2019-07-16

Wells Fargo tests cryptocurrency for internal transactions Wells Fargo & Co said on Tuesday it will pilot its own digital currency powered by blockchain to help move cash across borders and between branches in real time....
05:17, 2019-09-18

Mnuchin says Facebook must satisfy regulatory concerns ahead of Libra launch: CNBC U.S. Treasury Secretary Steven Mnuchin said in a television interview that Facebook must satisfy regulatory concerns before it launches Libra, its planned cryptocurrency....
16:17, 2019-07-24

Global money-laundering watchdog closely monitoring Facebook's Libra, official says The global anti-money laundering watchdog is closely monitoring developments on Facebook's planned Libra cryptocurrency, its new head told Reuters on Tuesday, in the latest sign of growing regulatory scrutiny of the project....
23:17, 2019-09-10

Members of Facebook's 'Crypto Mafia' Reportedly Getting Cold Feet About Libra Currency At least two of the 28 entities that have signed on for Facebook’s planned Libra currency are now getting nervous about the project, according to a new report from the Financial Times. And Facebook is just as worried about being the only company currently with its “neck out,” as regulators push back...
19:17, 2019-08-23

Former Japan central banker warns Facebook's Libra may undermine monetary policy Central banks may see the impact of their monetary policies diminish significantly if Facebook's Libra cryptocurrency becomes widely used in their countries, a former Bank of Japan executive warned on Friday....
17:34, 2019-08-02

The tech industry is starting to doubt Facebook will be able to launch its Libra currency by 2020 "I think two years from now we're going to be like do you remember that Facebook thing? Libra?" said Bismarck Lepe, CEO of product development company Wizeline....
21:17, 2019-07-10

Trump blasts Bitcoin, Facebook's Libra, demands they face banking regulations U.S. President Donald Trump on Thursday criticized Bitcoin, Facebook's proposed Libra digital coin and other cryptocurrencies and demanded that companies seek a banking charter and make themselves subject to U.S. and global regulations if they wanted to "become a bank."...
05:34, 2019-07-12

Swiss group that's supposed to oversee privacy for Libra says it hasn't heard from Facebook at all The Swiss Federal Data Protection and Information Commissioner said on Tuesday it had not yet been contacted by Facebook about overseeing privacy protections for the Libra cryptocurrency....
20:17, 2019-07-16

UPDATE 1-Europe should ignore 'treacherous promises' of Facebook's Libra currency: ECB's Mersch Facebook's proposed Libra currency could undermine the European Central Bank's ability to set monetary policy and Europe should ignore its siren call of "treacherous promises" ECB board member Yves Mersch said on Monday....
11:51, 2019-09-02

Ohio congresswoman says lack of financial literacy could be a problem for Facebook Libra users Rep. Joyce Beatty, D-Ohio, grilled Facebook's David Marcus, asking about the steps he will take to educate the 1.7 million unbanked people Libra plans to reach....
16:34, 2019-07-19

Global cryptocurrency task force closes in on sophisticated tax cheats A global sweep of cryptocurrency tax avoidance schemes is imminent, with the number of active lines of inquiry set to nearly double – or so says a coalition of money laundering investigators from the US, Australia, Britain, Canada, and the Netherlands J5, a team of five countries formed by the US In...
17:17, 2019-06-06

5 bite-size Bitcoin factoids to beef up your cryptocurrency knowledge Bitcoin celebrated its 10th birthday earlier this year. The cryptocurrency is technological feat and while its inner workings are often difficult to understand, or explain, there are a few interesting facts every enthusiast should know. We’ve rounded up some of the most interesting facts about Bitco...
21:17, 2019-05-24

Japan to lead development of SWIFT network for cryptocurrency: source Japan's government is leading a global push to set up an international network for cryptocurrency payments, similar to the SWIFT network used by banks, in an effort to fight money laundering, a person familiar with the plan said on Thursday....
17:34, 2019-07-18

This cryptocurrency stealing malware was blocked more than 360,000 times over the past year As long as cryptocurrency has value, people will try to steal it. According to the latest figures from cybersecurity firm Avast, a cryptocurrency stealing malware has been blocked more than 360,000 times by its software. The malware, named Clipsa, is described by Avast as a “multipurpose password st...
17:00, 2019-08-06

North Korean cryptocurrency heists net estimated $2 billion: UN report North Korea earned as much as $2 billion dollars through large-scale cyber attacks to help fund its weapons programs, a United Nations panel alleges in a new report....
13:51, 2019-08-06

Warren Buffett's charity lunch with cryptocurrency entrepreneur postponed Cryptocurrency entrepreneur Justin Sun has postponed his $4.57 million charity lunch with Warren Buffett due to ill health, according to a tweet from Sun's TRON Foundation....
09:51, 2019-07-23

Alarming and unnecessary: Facebook’s new cryptocurrency must be resisted | Charles Arthur The tech giant has big ambitions for its digital currency Libra. Privacy and regulation are just the start of the problemsHave you heard about Facebook’s new “cryptocurrency”, called Libra? Its basic pitch boils down to “we messed up your privacy and gave your data to all sorts, and let foreign acto...
16:51, 2019-06-20

Chia Network creates a $100,000 contest to bolster its cryptocurrency platform Chia Network is launching a $100,000 contest with prizes for developers who use its Proof of Space method to create a more efficient cryptocurrency.Read More...
18:51, 2019-07-09

Report: QuadrigaCX CEO used fake trades to misappropriate users’ cryptocurrency The Canadian cryptocurrency exchange QuadrigaCX appears to have been playing with fire long before it collapsed – and took $134 million with it – earlier this year. According to the latest report from administrators, EY, QuadrigaCX had been operating a fraudulent cryptocurrency exchange. It failed t...
11:34, 2019-06-20

CipherTrace: Cryptocurrency thefts, scams, and fraud could hit $4.3 billion in 2019 Cryptocurrency thefts, scams, and fraud could hit $4.3 billion in 2019, according to a report by cryptocurrency intelligence firm CipherTrace.Read More...
18:00, 2019-08-12

Facebook to Start Testing 'GlobalCoin' Cryptocurrency This Year: Report The company plans to setup a digital payment system in more than 12 countries by the first quarter of 2020, and it looks to start testing in the later part of 2019....
21:00, 2019-05-24

Binance cryptocurrency exchange blackmailed over customer data 'hack' Cryptocurrency exchange Binance is being blackmailed by hackers that claim to have access to customer passport and identity documents. In a statement, Binance said that "an unidentified individual has threatened and harassed us, demanding 300 BTC in......
18:34, 2019-08-07

Winkevoss twins consider joining Facebook’s ‘cryptocurrency’ despite beef with Zuckerberg The Winklevoss brothers, co-founders of cryptocurrency exchange Gemini and renown for their well-documented legal battle with Facebook, are seemingly willing to ‘get into bed’ with the tech giant in an attempt to spread the adoption of digital currencies. In an interview with CoinDesk, the twins sai...
19:34, 2019-07-10

Marshall Islands in Pacific Ocean to develop own cryptocurrency: report A small island nation in the Pacific Ocean with a population of 75,000 is moving forward with developing its own cryptocurrency, according to a Thursday report....
21:51, 2019-09-12

Crypto Briefing launches Simetri research for cryptocurrency investors  Crypto Briefing, an independent cryptocurrency review and news platform, is launching a subscription service dubbed Simetri for crypto investors.Read More...
18:51, 2019-07-09

Iran further solidifies stance on cryptocurrency mining, but says trading is ‘unlawful’ Iran‘s government has put an end to months of speculation by ratifying a bill that acknowledges cryptocurrency mining is a legitimate industry. While legalizing mining is seemingly a positive move, it’s important to note there are several caveats that clarify the country’s stance with regards to the...
23:51, 2019-08-05

eToro adds 5 Ethereum tokens to its cryptocurrency wallet – plans to add 115 more  eToroX, the specialized blockchain division of social trading platform eToro, has announced the launch of the first five of 120 ERC-20 tokens that will be added to its on-chain wallet.  ERC-20 tokens are designed and used solely on the Ethereum platform and can be shared, exchanged for other tokens...
17:00, 2019-07-02

Game of Thrones’ Bronn becomes Master of VeganCoin cryptocurrency (we shit you not) Before you read this, beware there might be Game of Thrones spoilers in this piece. The actor that played one of the more Machiavellian characters in the HBO series, Game of Thrones, is joining the advisory board of a vegan lifestyle oriented cryptocurrency. Jerome Flynn, the actor that played “Bron...
19:51, 2019-05-21

A beginner’s guide to cryptocurrency feuds for curious Bitcoin newbies Feuding happens in almost every industry and thanks to social media, normies like me can sit back and watch the juicy fights unfold. The world of cryptocurrency and blockchain is no exception, with many of its figureheads involved in serious squabbles that often span several years. Here’s a quick (b...
23:00, 2019-08-16

Boxer Manny Pacquiao intros cryptocurrency to cash in on his fame The celebrity penchant for cryptocurriencies hasn't died down just yet. Boxing champ Manny Pacquiao has introduced a cryptocurrency of his own, Pac, in a bid to capitalize on his fame. The virtual money will give fans an opportunity to buy merch and......
20:17, 2019-09-02

German watchdog accuses CoinBene of unlicensed cryptocurrency trading Cryptocurrency trading platform CoinBene has been put under the microscope again following an announcement from one of Germany‘s top financial regulators. The Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin) has issued a warning against the cryptocurrency exchange stating that it is operating...
11:34, 2019-05-29

Cryptocurrency firms renew push to break free from SEC rules Enlarge Many cryptocurrency startups and investors are unhappy with the Securities and Exchange Commission’s uncertain approach to the sector, saying the agency is killing innovation and driving companies from the US. Now the Canadian social media company Kik—backed by prominent voices in the cry...
16:17, 2019-06-01

Japan cryptocurrency exchange loses $32 million of virtual money TOKYO — A Japanese cryptocurrency exchange has reported a hack causing the loss of 3.5 billion yen, or $32 million, worth of virtual money. Tokyo-based Remixpoint, which runs the BITPoint exchange as well as travel, used car and energy businesses, apologized Friday, saying the losses were confirmed ...
14:34, 2019-07-12

Australian retirees lose their $900,000 pension fund in cryptocurrency scam A retired couple in Australia have reportedly lost $900,000 to an elaborate cryptocurrency scam.  Mike and Karen Taylor were traveling around Australia in a camper van when they fell for the online scam. The cryptocurrency website they used looked legitimate, Taylor told 7News. It’s not clear how th...
16:17, 2019-07-19

Indian government ban on ‘non-sovereign’ cryptocurrency would see holders jailed for up to 10 years A government panel in India has issued a recommendation to ban all “cryptocurrencies created by non-sovereigns,” a step which could be applied to Bitcoin. “The Committee notes with serious concern mushrooming of cryptocurrencies almost invariably issued abroad and numerous people in India investing ...
05:17, 2019-07-23

Trump and his ex-banker treasury secretary are really scared of Bitcoin (and other cryptocurrency) US treasury secretary Steven Mnuchin is apparently super concerned about the impact Facebook‘s Libra “cryptocurrency” will have on national security, reports Bloomberg. In a White House briefing, Mnuchin mirrored president Trump‘s recently-found tough stance on digital assets by claiming that its po...
13:34, 2019-07-16

India addresses cryptocurrency scam wave with new police training course High-ranking police officers in India will receive cryptocurrency training to help with investigations involving digital currency. The country’s national police academy – the Sardar Vallabhbhai Patel National Police Academy (SVP NPA) – has launched an educational course to help officers gain an unde...
15:17, 2019-07-08

Japan reportedly pushes 'international network for cryptocurrency payments' As governments around the world try to figure out how to deal with everything from Bitcoin to Facebook's Libra, Japan has usually been a step or two ahead in dealing with cryptocurrency. Bitcoin has been a legal form of payment there since 2017 and i......
11:34, 2019-07-18

European central bankers claim oversight over Facebook’s cryptocurrency Three European central bankers are claiming oversight over Facebook's planned virtual currency to ensure it will not jeopardize the financial system or be used to launder money....
14:00, 2019-06-21

Earn money on your unused cryptocurrency with Binance? It’s probably more hassle than it’s worth Digital asset exchange Binance is launching a cryptocurrency lending platform later this month. In a blog post published earlier today, the exchange announced what it’s calling “Binance Lending.” A platform which Binance CEO, Chanpeng Zhao, touted would let users “earn crypto in their sleep.” Binanc...
08:34, 2019-08-27

Researchers uncover a new piece of RAT malware that targets cryptocurrency users Researchers at Zscaler ThreatLabZ have identified a new remote-access trojan (RAT) called Saefko, which retrieves Chrome browser history in a search for cryptocurrency-related activity The RAT, written in .NET and available for sale on the dark web, also looks for information relating to other activ...
17:51, 2019-08-09

UPDATE 3-U.S. lawmaker calls for Facebook to pause cryptocurrency project A leading U.S. House lawmaker on Tuesday called on Facebook Inc to halt development on its new cryptocurrency and for company executives to testify before Congress, adding to global concerns about what the digital currency could mean for data privacy and security....
02:51, 2019-06-19

Barclays ends partnership with cryptocurrency exchange Coinbase: sources Barclays is no longer providing banking services to major cryptocurrency exchange Coinbase, sources familiar with the matter told Reuters, ending a relationship that started in March last year as the exchange expanded in Europe....
20:51, 2019-08-14

Texas regulator goes after cryptocurrency firm promising 900% returns in 2 weeks Regulators in Texas have filed a cease and desist order against a New York-based cryptocurrency business promising a 900-percent return on investment in just two weeks. Forex and Bitcoin Trader, which was advertising on Craiglist Dallas, reportedly deals in cryptocurrency investments, commodity-base...
12:17, 2019-08-09

15 nations are reportedly banding together to monitor suspect cryptocurrency transfers Some 15 countries, including Australia and Singapore, are reportedly banding together to create a data collection and sharing system on individuals carrying out cryptocurrency transactions. According to Nikkei, the common goal would be to prevent funds from being laundered or used to finance terrori...
17:51, 2019-08-09

Facebook Plans Global Financial System Based on Cryptocurrency Despite skepticism and concern about Facebook’s reach, the company envisions an alternative financial system based on a new cryptocurrency called Libra....
14:51, 2019-06-18

Malta-based cryptocurrency exchange CGEX to shut down before its first birthday Malta-based CGEX, a cryptocurrency exchange launched by South Korea’s Coinone in October last year, will cease operating in a few weeks. An announcement posted last week specified that the exchange would cease operating on Sept. 18 at 2:50 UTC. Following that cut-off point, users will be unable to a...
04:00, 2019-08-20

Europol is developing a ‘game’ to teach officers how to trace cryptocurrency Cryptocurrency crime fighters are about to have a lot more fun after Europol has revealed its developing a game to help law enforcers learn how to trace and investigate illicit uses of digital currencies. Europol declared its intentions to help authorities with the announcement of what it’s calling ...
20:51, 2019-06-14

Barclays no longer banking Cryptocurrency exchange Coinbase: sources Barclays is no longer providing banking services to cryptocurrency exchange Coinbase, sources familiar with the matter told Reuters, ending a relationship that started in March last year as the exchange expanded in Europe....
12:51, 2019-08-14

Facebook stock sees a pop as investors anticipate its cryptocurrency announcement Facebook is expected to announce a new cryptocurrency called Libra this week. Analysts anticipate it will open up new revenue streams outside advertising....
00:51, 2019-06-18

AWS issues are causing erratic cryptocurrency market data in Asia Cryptocurrency exchanges are reportedly experiencing some disruption – how the tables have turned – after an outage at Amazon’s Web Services (AWS) cloud. Binance, one of the world’s biggest cryptocurrency exchanges, is reportedly experiencing 500 error messages on its APIs. It says some withdrawal p...
17:51, 2019-08-23

UPDATE 3-Trump blasts Bitcoin, Facebook's Libra, demands they face banking regulations U.S. President Donald Trump on Thursday criticized Bitcoin, Facebook's proposed Libra digital coin and other cryptocurrencies and demanded that companies seek a banking charter and make themselves subject to U.S. and global regulations if they wanted to "become a bank."...
05:34, 2019-07-12

Facebook is joining the crypto game. It's launching a Bitcoin-like currency called Libra Facebook unveiled a plan to create a new digital currency similar to Bitcoin, one that could drive more e-commerce and boost ads on its platforms.       ...
13:51, 2019-06-18

Facebook crypto chief defends Libra project amid claims the company has too much power The need to reiterate these points after only two weeks suggests Facebook will have an uphill battle getting people to trust the company with their finances....
19:17, 2019-07-03

Report: Telegram token sale could enable more cryptocurrency-funded terrorism Terrorist organizations have used social media and cryptocurrency to raise money for a number of years, but messaging app Telegram’s upcoming token launch has caused some to become increasingly concerned. A report by the Washington-based Middle East Media Research Institutes (MEMRI) has found that t...
14:17, 2019-08-30

North Korean hackers caught phishing for South Koreans’ cryptocurrency Hackers from North Korea are making headlines again, this time for going after the funds of users of South Korean cryptocurrency exchange UpBit. The hackers allegedly sent a phishing email to UpBit users earlier this week. The email falsely claimed that the exchange needed additional customer inform...
11:00, 2019-05-31

A Hacked Japanese Cryptocurrency Exchange Just Lost $32 Million of Virtual Money (TOKYO) — A Japanese cryptocurrency exchange has reported a hack causing the loss of 3.5 billion yen, or $32 million, worth of virtual money. Tokyo-based Remixpoint, which runs the BITPoint exchange as well as travel, used car and energy businesses, apologized Friday, saying the losses were co...
10:51, 2019-07-12

The head of security for cryptocurrency exchange Coinbase describes his biggest challenge Coinbase security chief Philip Martin explains, "Possession of a key is possession of your currency. What that means is that you can't revoke a cryptocurrency key, if that key is lost, compromised, there is no ability to get [the value] back."...
09:34, 2019-08-19

Treasury Secretary 'Not Comfortable' With Facebook's Cryptocurrency as Bipartisan Hostility Grows Facebook’s plan to launch its Libra cryptocurrency is facing considerable pushback from federal officials who’ve raised concerns about the prospect of it being used to skirt anti-money laundering rules and fund other illicit activities.Read more......
00:51, 2019-07-16

Senior U.S. lawmaker says Facebook should halt cryptocurrency project pending review U.S. House Financial Services Committee Chairwoman Maxine Waters said Tuesday that Facebook Inc should halt development of its announced cryptocurrency until Congress and regulators conduct a review....
01:34, 2019-06-19

Facebook's cryptocurrency ambitions face privacy concerns, political backlash Facebook Inc announced ambitious plans on Tuesday to launch a new global cryptocurrency called Libra, part of an effort to expand into digital payments that immediately raised privacy concerns....
01:34, 2019-06-19

FBI asks victims of bankrupt QuadrigaCX cryptocurrency exchange to start snitching The Federal Bureau of Investigation (FBI) is stepping up its probe into defunct Canadian cryptocurrency exchange QuadrigaCX. In an announcement yesterday, the FBI asked victims affected by the QuadrigaCX collapse to come forward and complete a questionnaire to aid with its “ongoing investigation.” “...
04:17, 2019-06-05

Bitpoint exchange loses $32 million worth of cryptocurrency in hot wallet hack Japanese cryptocurrency exchange Bitpoint has been hacked, resulting in the loss of $32 million worth of various digital currencies, Bloomberg reports. The majority of funds lost (approximately $23 million) belonged to customers, while the rest were owned by the exchange. Bitpoint has ceased operati...
18:00, 2019-07-12

Facebook created a 'gateway drug' to introduce billions to cryptocurrency, experts say Long-time blockchain technologists say Facebook's Libra digital currency will introduce billions to cryptocurrencies, but the company's problems with trust and privacy remain an obstacle....
23:17, 2019-06-18

These designers want to hide a cryptocurrency mining farm in a skyscraper water park The cryptocurrency and blockchain industry has thrown out its fair share of zany ideas over the last few years. But a group of designers is taking wild blockchain concepts to new heights with their plans for a cryptocurrency mining facility hidden in a skyscraper water park in Tehran, Iran. Yeah, I ...
14:51, 2019-06-03

Facebook signs major partners for its cryptocurrency network and it still sounds terrible Facebook has begun assembling a who’s who of big tech companies to back its soon to be unveiled cryptocurrency, GlobalCoin. The likes of Mastercard, Visa, Uber, and PayPal are all backing the social media giant’s upcoming digital coin due to be unveiled later this month, and officially rolled out ne...
12:51, 2019-06-14

Cryptocurrency startup YouHodler leaks troves of unencrypted customer data Cryptocurrency startup YouHodler has reportedly exposed troves of sensitive customer data including credit card information because it forgot to protect its server with a password. According to security researchers Noam Rotem and Ran Locar, who uncovered the leak, the company took the database offli...
10:51, 2019-07-25

Warren Buffett's charity lunch postponed after cryptocurrency promoter falls ill The cryptocurrency entrepreneur Justin Sun postponed his $4.57 million charity lunch with Warren Buffett after falling ill with kidney stones, according to a statement from a foundation he backs....
22:51, 2019-07-23

Facebook’s plan for a cryptocurrency is right to set alarm bells ringing |John Naughton The tech giant now seems to imagine itself a state. Its reach must not go unchallengedNow that Wimbledon is over, if you’re looking for something interesting to watch, can I suggest heading over to the video of last week’s interrogation by the US Senate committee on banking, housing and urban affair...
17:51, 2019-07-21

US watchdog preps BitMEX probe over alleged illegal cryptocurrency trade Cryptocurrency exchange BitMEX is being investigated by the US Commodity Futures Trading Commission (CFTC).  According to Bloomberg, which cites people familiar with the matter, the CFTC is looking into whether BitMEX broke the rules by allowing American customers to trade on the platform, which is ...
16:17, 2019-07-19

Coinbase quietly kills its loss-making cryptocurrency investment packages Further to shutting down its cryptocurrency index fund, Coinbase has seemingly closed its “Bundle” now too. According to an update on its FAQ page, spotted by The Block, Coinbase Bundles “have been deprecated,” with all assets in the bundle being “redistributed to their respective individual asset w...
12:34, 2019-07-19

Cryptocurrency hackers sneak malware into Oracle servers to mine Monero Security researchers have identified yet another cryptocurrency mining malware. This time it’s installing itself on enterprise application servers, and using a clever trick to remain hidden. If that wasn’t enough, the malware has already claimed its first major victim: Oracle servers. The malware ta...
16:34, 2019-06-11

African insurer won’t work with ‘high-risk’ cryptocurrency mining businsesses We all know that banks make it difficult for blockchain businesses by denying them access to conventional banking services and accounts. Well now, it seems insurance firms are throwing a spanner in the works for cryptocurrency mining businesses in Africa. Old Mutual Insure, a pan-African insurance f...
18:00, 2019-06-13

Facebook's dream of a global cryptocurrency raises political stakes — for the regulators themselves Investors, crypto enthusiasts and regulators themselves say Libra has raised the stakes for financial authorities, forcing them to take a more serious look at digital currencies....
06:17, 2019-08-26

Telegram promises to finish messy launch of its ‘cryptocurrency’ Gram by October 31 The long-awaited cryptocurrency token from instant messaging platform Telegram is allegedly rolling out to investors very soon, but we should remain skeptical. According to a report from The New York Times, Telegram will be delivering the “first batches” of the Gram tokens to investors by October 31...
21:00, 2019-08-28

Cryptocurrency exchanges including Coinbase suffer downtime as CloudFlare goes dark Major web host CloudFlare has suffered a technical mishap that sent multiple cryptocurrency services – including Coinbase – into unexpected downtime. Cryptocurrency services known to have been affected include Bitfinex, Coinbase, Coinbase Pro, CoinMarketCap, and MyEtherWallet. Our CDN/DDoS protectio...
19:34, 2019-07-02

Canada relaxes rules for cryptocurrency exchanges despite ongoing QuadrigaCX saga Reassurance for Canadians: Cryptocurrency exchanges across the nation will now only have to report transfers of more than CA$10,000 ($7,663). It comes after the Canadian government relaxed some of its new anti-money laundering regulations following feedback from payment service providers and cryptoc...
14:51, 2019-07-11

US tip-off leads to arrest after man buys child abuse imagery with cryptocurrency in Australia An Australian man has been charged after authorities linked him to a cryptocurrency account used to buy child exploitation material. An investigation, following a tip off from US authorities in December last year, traced the account back to a 27-year-old man from Sydney.  On Friday, the NSW Joint An...
12:34, 2019-07-09

Dark web dealer made to forfeit millions in cryptocurrency gets 70 months in the slammer A drug dealer ordered to forfeit millions of dollars in cryptocurrencies such as Bitcoin, Ethereum, and Monero, has been sentenced to 70 months in prison for distributing drugs including carfentanil and fentanyl. Sky Justin Gornik previously pled guilty to the charge and also admitted that he tried ...
17:51, 2019-08-20

North Korea reportedly steals cryptocurrency to bankroll its nuclear program A confidential U.N. report obtained by Reuters reveals that North Korea has been employing a range of sophisticated cyberattacks in an effort to bankroll its development of weapons of mass destruction. According to the report, which was compiled by experts over the past few months, North Korea thus ...
03:51, 2019-08-07

Dutch ministers push for cryptocurrency regulation to fight money laundering Dutch ministers want to regulate cryptocurrencies as part of a wider effort to tackle money laundering in the country. According to a note sent to parliament on Monday, Minister of Finance Wopke Hoekstra and Ferdinand Grapperhaus, Minister of Justice and Security, want to limit the risks associated ...
22:51, 2019-07-01

Facebook hires lobbying firm to help sweet talk cryptocurrency regulators Facebook‘s “cryptocurrency” Libra is facing an ever growing mountain of regulatory challenges. It seems it needs a helping hand, as it’s hired a specialist firm to lobby Washington directly. According to registration documents filed earlier this week, Facebook will be represented by Washington, DC-b...
17:00, 2019-08-27

Here are the executives leading Facebook's cryptocurrency project, reportedly coming this month There are now more than 100 people working on Facebook's blockchain project, and the company has job listings for more than 40 additional positions....
21:01, 2019-06-06

Libra Scammers Are Promising Early Access to Facebook's Digital Currency to Steal Private Information If you search YouTube for Facebook’s Libra, you’ll find plenty of videos that tell you how to buy the digital currency. The problem is that many of the videos are published by scam artists who are apparently trying to steal your personal information. How do we know they’re scams? Libra hasn’t even b...
19:17, 2019-07-23

Google Play hosted phishing apps impersonating Turkish cryptocurrency exchange Malicious apps impersonating Turkish cryptocurrency exchange BtcTurk are circumventing Google’s recently adopted security enhancing measures. According to researchers, the apps are accessing one-time passwords (OTPs) and SMS-based two-factor authentication (2FA), was well as some email-based 2FA sys...
17:00, 2019-06-17

Moonday Mornings: Elon Musk and John McAfee cryptocurrency scams are back It’s a new week, which means only one thing: it’s time for Hard Fork’s roundup of cryptocurrency and blockchain headlines from over the weekend. Let’s get to it. 1. Security researchers from Trend Micro have uncovered a new type of cryptocurrency mining botnet. The malware targets Android devices by...
10:51, 2019-06-24

Skirting U.S. sanctions, Cubans flock to cryptocurrency to shop online, send funds Jason Sanchez, 35, was able to start buying spare parts online last year for his cellphone repair shop in Havana thanks to the advent of cryptocurrency trading in Communist-run Cuba....
10:00, 2019-09-13