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Cryptocurrency exchange platform Binance launched its P2P trading facility for trading cryptocurrencies against the Chinese Yuan. This way, the company is opening a kind of a “safe space” for Chinese traders who want to trade cryptos.
Mastercard, Visa, eBay, Stripe and Mercado Pago have all pulled out of the Facebook-led Libra Association following PayPal, which pulled its own support of the project earlier this week.
Announced at Ethereum Foundation’s Devcon 5 conference, OpenLibra is described as an “open platform for financial inclusion,” with a telling tagline: “Not run by Facebook.”
Instagram adds a new ‘Create’ mode, which replaces the existing ‘Type’ option. In ‘Create’, you’ll be able to find all the various creative tools available, as opposed to having to add them through Stickers or other forms.
SONY has confirmed that the PlayStation 5 will launch during the 2020 Christmas season. The surprise announcement was made yesterday and is the first confirmation of the new console’s name.
UNICEF launched a cryptocurrency fund and is accepting donations in Bitcoin and Ethereum. The initiative has been rolled out to fund open-source technology benefiting children and young people around the world.
Jefferies changed the ratings right before the earnings season. Analysts expect Microsoft’s revenues to rise 11% on a year-over-year basis to $32.2 billion.
Discovery-backed Group Nine Media acquires female-focused lifestyle brand PopSugar.The all-stock acquisition will bring PopSugar into the Group Nine portfolio, which includes Thrillist, The Dodo, NowThis, Seeker and comedy studio JASH.
Ripple CEO Brad Garlinghouse said that Libra would not get off the ground for at least three years. He thinks regulatory scrutiny over Facebook’s crypto project is due to the social media giant’s privacy debacle last year.
McAfee is going to launch his exchange. According to the website, McAfeeDEX will not collect any customer information, no jurisdictions will be blocked, and there will be no limits.