Tencent Sees Threat to WeChat Pay and Alipay if Facebook Succeeds in Libra Launch
Tencent has concerns that Facebook’s Libra success may represent a real direct threat to Chinese payment service providers.
This news section spotlights emerging altcoins, project updates, tokenomics changes and ecosystem developments driving innovation in DeFi, Web3 and digital assets. Keep track of the next wave of digital currencies before they make headlines—and gain insights that matter in the altcoin sector.
Tencent has concerns that Facebook’s Libra success may represent a real direct threat to Chinese payment service providers.
Among other things, Zuckerberg is planning to take Facebook out of the Libra project if certain principles are not followed.
Digital asset exchange service, INX, has announced that it will use Brave New Coin’s Ethereum and Bitcoin indices to calculate conversion rates for its forthcoming INX Token.
Mark Zuckerberg is to address the House Financial Services Committee today on the issue of its Libra concerns.
David Marcus hinted that the U.S. will lose its leverage in controlling the global money supply to China if Facebook’s Libra is derailed.
Ripple has opened a new office in Washington, D.C. to educate policymakers for cryptocurrency and blockchain in general.
One analyst, PlanB, is convinced that the Bitcoin price will surge by seven-fold in the next seven months to hit a market capitalization of $1 trillion.
The CFTC chairman is optimistic that Ethereum (ETH) futures contracts could be coming soon within next six to twelve months i.e. in 2020.
World’s largest cryptocurrency exchange and global blockchain ecosystem Binance will participate in the Klaytn Governance Council and consensus node operation.
Opera allowed Bitcoin payments in its Android app. And TRON joins Bitcoin and Ethereum as the only third crypto network to be featured in the Opera browser.
Binance CEO Changpeng “CZ” Zhao announced that they are preparing for launching fiat options, including the Russian ruble.
Ripple said that in Q3 2019, there was a major rise in FUD surrounding allegations of XRP dumping and price manipulations by the company itself.
Bitmain has announced the launch of a crypto mining facility in Texas, with hopes that it could later become the largest in the world.
Despite all the rumors, Tron founder Justin Sun doesn’t confirm that he can be behind the acquisition of crypto exchange Poloniex.
Head of Facebook’s Libra Project, David Marcus said that instead of using the synthetic currency, they are open to using stablecoins pegged to national currencies.