Echoing Marcus’ forecast that Libra could potentially change the world, Armstrong called Facebook’s project one of the most important cryptocurrency projects in development.
CEO of the once-popular messaging app Kik has indicated that the firm will go to trial against the United States Securities and Exchange Commission of classification of their Cryptocurrency token Kin as a security.
By Thursday, September 26th, the leading cryptocurrency has stopped falling steeply and is searching for a foothold near $8399,00.
Reports show some evidence, though not conclusive, that institutional investors may have played a role in the recent Bitcoin price drop with many expecting it to test the $7,500 support before recovering.
Mark Zuckerberg has ensured that now, when Facebook’s team is getting ready to launch their crypto project Libra, they are really focused on doing it right.
Cryptocurrencies ushered in a new era of digital assets, but also opened up innumerable scams that led to people losing millions. This is where Q DAO Team has taken the initiative to help investors in distress.
ECB Board Member Benoit Coeure has warned that private stablecoins like Libra are posing big risk to the monetary sovereignty, however, they can also solve some of the burning issues.
California-based financial firm SoFi has added BTC, ETH and LTC trading to its platform SoFi Invest. Crypto trading on SoFi Invest joins the list of previously introduced trading of stocks and exchange-traded funds.
David Marcus, the head of Calibra wallet, went on Facebook to explain the company’s motivation behind building Libra. David elaborates on why Facebook didn’t choose to build on top of existing systems, but rather chose to build a new one.
On September 24, Justin Sun, the creator of Tron, revealed what developments and updates the community can expect to see in the near future.
The Appellate Division of the New York Supreme Court said that Bitfinex won’t have to continue turning the documents of its Tether use to the New York Attorney General’s office (OAG), for now.
The US Securities and Exchange Commission (SEC) has delayed its final verdict on the Bitcoin exchange-traded fund (ETF) that is backed by investment firm Wilshire Phoenix. The rule change proposal is currently being evaluated.
The earlier proposed hearing by the Committee on Financial Services began with the SEC and tackled several issues regarding cryptocurrency, the SEC’s function, Facebook’s Libra, as well as blockchain technology.
30 famous brands will launch support for Bitcoin payments in France. Among them are sportswear giant Decathlon, sneakers emporium Foot Locker, cosmetics store Sephora, design company Moustache and more.
Bitcoin’s hash rate has tumbled about 40% on September 23, which is a record. The crash remains unexplained and surprising, given that the hash rate used to move upwards and update the record high again and again.