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If there was a competition between Libra and Bitcoin, head of Facebook’s blockchain sector David Marcus seems to have conceded rather than overselling the facts.
Slack became only the second big company, after Spotify, to invite a free-for-all in its shares on Wall Street. Rather than an IPO, it chose a direct listing, releasing its stock to trade freely and stating just a “reference” figure of $26 a share.
CBOE, short for Chicago Board Options Exchange, has decided to stop offering Bitcoin futures on its options market. After the announcement, the open interest in CME Bitcoin Futures contract kept hitting record highs.
The U.S. Senate Banking Committee will hold a hearing on July 16 about Facebook’s new cryptocurrency, Libra. The hearing came after members of Congress said there is a need to more closely examine Libra and its potential risks.
IBM revealed the new version of its Enterprise Blockchain platform intended to work with even more cloud services, thus increasing its reach and scope. It also added support for app management and deployment platform Kubernetes.
The original goals of Libra were decentralizing control of currency and enabling anonymous or at least pseudonymous payments. One of the top House Democrats wants Facebook to temporarily stop developing Libra Network.
Hybridverse’s Euro backed stablecoin is called Hybrid Euro (HEUR), and is being built on Zilliqa Blockchain that is first and only blockchain to implement sharding.
Facebook shares rose in premarket trading after the tech giant unveiled its part in a new digital currency Libra. Facebook’s stock climbed 2.09% in premarket trading from Monday’s close of $192.96 a share.
Public blockchain platform Zilliqa announced a partnership with Xfers. This will bring new innovations to Xfers’ enterprise solutions, including support for payments, regulatory compliance, a built-in digital wallet, etc.
MoneyGram announced that they’ve agreed to a deal with blockchain company Ripple that involves an investment of up to $50 million. MoneyGram will use Ripple’s XRP technology to handle cross-border transfers of digital funds for at least two years under the deal.