Brad Garlinghouse, Ripple CEO joined Squawk Alley on CNBC to share his opinion on Facebook’s Libra coin and to explain why it can pose high risks for the world of finance.
Ben Mezrich, the author of “Bitcoin Billionaires,” thinks that Libra would have had a much better shot if not Facebook but Amazon was at the wheel.
The anomaly with the circulating supply of Binance Coin caused a massive $1.5 billion drop in its market cap this week. Binance assures that it has resolved the problem and BNB is back on track.
Binance Launchpad lottery rules have been updated. As it has been revealed by the company, it extends Binance Coin holding period implementing a number of others minor changes.
Recent reports show that Coinbase has changed the minimum deposit for U.K. customers. Now the minimum deposit is £1000 staff has confirmed in private e-mails on July 16.
Japanese government to create a network similar to SWIFT, for international cryptocurrency payments. The Ministry of Finance and the Financial Services Agency will deploy this network to also tackle financial crimes.
The latest Q2 reports show that IBM’s earnings and cloud revenue surpassed the projected street view while Bitcoin plunged below $10,000 as the US Senate has a go at Facebook’s Libra.
If any technology seeks to be adopted and widely used, it must have firm foundations to stand on. Credits may well be the solid ground the industry’s many participants have been seeking for turning their developments into reality.
Netflix Inc. (NFLX) stock price has dropped 10% since yesterday as the video-streaming service sees a decline in new paid subscriptions. The possible cause could be the increasing competition in the industry.
Ontology together with NEO pioneer an underlying Blockchain solution for the Internet of the future. Fundamentally this partnership would alleviate the downturns of the Internet, standing to be an industry-wide milestone.
Altcoins have spent the second and third quarter of 2019 thus far falling in value relative to Bitcoin price. Litecoin, as always, is leading this rally, and in a sense, lights the path for the rest of the altcoin market to shine.
Coinbase’s new tools help the new crypto market entrants get a proper understanding of how seasoned traders use different signals to formulate their trading strategies and make informed decisions.
In recent news, Jamie Dimon from JP Morgan has said that he believes Facebook’s Libra isn’t a short-term concern of an impact on the traditional banks.
Even though Congress tried to inflict damage on Big Tech in hearings related to user data, antitrust concerns and Facebook’s Libra, it seems it has failed. That leaves Silicon Valley with little incentive to change.
Rep. Maxine Waters said she’s planning to call in Facebook CEO Mark Zuckerberg to testify about his company’s new digital currency project Libra. She added that her staff has not made the formal request with Facebook yet, but they plan to do so.