Cryptocurrency

Cryptocurrency is a digital asset designed to work as a medium of exchange that uses strong cryptography to secure financial transactions, control the creation of additional units, and verify the transfer of assets.

Source: en.wikipedia.org

House Lawmakers Call Libra A Dangerous Threat
House Lawmakers Call Libra A Dangerous Threat
July 17, 2019  |  Cryptocurrency

There was much skepticism and criticism — with some concerns raised more pointedly than others — during a House Financial Services Committee hearing on Facebook’s...

READ MORE >
G7 Finance Leaders: Libra Must Resolve Regulatory Issues
G7 Finance Leaders: Libra Must Resolve Regulatory Issues
July 17, 2019  |  Regulation

Group of Seven (G7) finance leaders said on Wednesday (July 17) that there were numerous issues that needed to be worked out, regulatory and otherwise,...

READ MORE >
Senate Grills Facebook’s Marcus Over Libra
Senate Grills Facebook’s Marcus Over Libra
July 17, 2019  |  Cryptocurrency

There were many questions, many comments, a few evasions and about the expected amount of histrionic blustering on display when David Marcus, Facebook’s head of...

READ MORE >
Bitcoin Daily: German Finance Minister Pooh-Poohs Libra Currency; Tether Created $5B In Stablecoins By Mistake
Bitcoin Daily: German Finance Minister Pooh-Poohs Libra Currency; Tether Created $5B In Stablecoins By Mistake
July 17, 2019  |  Bitcoin

Germany’s Finance Minister Olaf Scholz has joined the chorus of politicians that are worried about Facebook’s planned cryptocurrency, Libra. Get the Full Story Complete the...

READ MORE >
Venezuela Considers Russian Payments System As SWIFT Alternative
Venezuela Considers Russian Payments System As SWIFT Alternative
July 17, 2019  |  International

Sources have revealed that Venezuela might use a Russian-operated international payments messaging system in an effort to get around U.S. sanctions. Get the Full Story...

READ MORE >
Supposed Swiss Libra Regulator Says Facebook Hasn’t Reached Out
Supposed Swiss Libra Regulator Says Facebook Hasn’t Reached Out
July 16, 2019  |  Regulation

The Swiss regulator that Facebook claimed will oversee its cryptocurrency hasn’t heard from the social media giant, according to a report by CNBC. Get the...

READ MORE >
France To Allow And Regulate Crypto-Related Companies
France To Allow And Regulate Crypto-Related Companies
July 16, 2019  |  Regulation

France’s financial regulator is set to approve a wave of cryptocurrency-related firms in the country, subjecting them to new rules that include paying taxes and...

READ MORE >
Venezuelans Seek $30M In Crypto Ponzi Scheme Lawsuit
Venezuelans Seek $30M In Crypto Ponzi Scheme Lawsuit
July 16, 2019  |  Security & Fraud

A group of Venezuelan nationals filed a fraud suit in Florida federal court claiming they were duped into a Ponzi scheme involving cryptocurrency purportedly backed...

READ MORE >
Keeping Tabs On 2019’s Major Crypto Hacks (So Far)
Keeping Tabs On 2019’s Major Crypto Hacks (So Far)
July 16, 2019  |  Cryptocurrency

Days after admitting to a hack that caused the loss of $32 million in cryptocurrency, Bitpoint Japan, a cryptocurrency exchange operator run by Remixpoint, said...

READ MORE >