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.
Towards the end of last week, Binance, a leading cryptocurrency exchange in the world, announced that it would be blocking its US users. The move was manifested by a change in the exchange’s terms of service.
This edition of Max’s Corner analyzes the controversy surrounding the changes to Google’s search algorithm, the plight of the Silk Road founder and the latest on Facebook’s crypto project.
Bittrex, a global leader in the blockchain revolution announced to list Lambda – a data storage blockchain protocol, commited to creating a secure, reliable, and unlimited storage network for Value Internet.
The Litecoin Foundation has teamed up with Bibox Exchange and Ternio to bring customers a special edition Litecoin BlockCard, which will allow customers to purchase goods and services with crypto. LTC price adds 4% amid the news.
Harmony (ONE) has now partnered with Hummingbot to decentralize market making activities and in turn empower the token issuers and the general $ONE community.
HSBC Group has launched its Digital Accounts Receivable Tool using Identitii’s innovative tokenization technology in India. The initiative is part of HSBC’s existing 2017 Global Framework Agreement.
Euroclear in cooperation with EIB, Santander and EY will push their blockchain-based platform for the issuance and settlement of European commercial paper to a pilot phase.
Winklevoss twins have never been friends to Mark Zuckerberg, whom they previously accused of stealing their idea for Facebook winning $65M settlement as the result. Now, given recent Libra release, the twins feel more like being “frenemies”.
Should the Bulls defend the demand level of $0.42, they may resume and continue the bullish trend. In case the level does not hold and the Bears’ strength is able to break down the level, then, XRP price may reach $0.39 level.
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.
Bitcoin price breakout at the resistance level of $9,398 by the Bulls will expose the $10,016 resistance level which may be its target. Should the Bears gain enough pressure and break down the support level of $8,879 the price may decline to $8,565 level.
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.
The new members, including such giants as Microsoft and Salesforce, joined Hyperledger to focus on creating enterprise-grade blockchain solutions for different industries and business sectors.