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German Finance Minister Says Gov’t Must Reject Facebook’s Libra Coin

German Finance Minister Olaf Scholz stated that policymakers cannot accept parallel currencies such as Facebook's proposed Libra stablecoin.Prevent stablecoins from becoming alternative currenciesAs reported by Reuters, on Sept. 17, German Vice Chancellor and Finance Minister Olaf Scholz said during a panel discussion in Berlin that Facebook’s planned crypto coin

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Iota Introduces Chronicle, a New Solution for Long-Term Data Storage

Iota has introduced Chronicle, a permanode solution that will allow its node owners to easily store all of their transactions and maintain uninterrupted access to that data.Iota’s unlimited storage solutionOn Sept. 17, the Iota Foundation announced Chronicle, which allows node owners to store all the data of the Tangle

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Altcoins Continue Explosive Bull Run While Bitcoin Stalls at $10,200

Tuesday, Sept. 17 — Altcoins are showing massive upward price movements, while the No.1 cryptocurrency trades flat at around $10,200.Market visualization. Source: Coin360While the number of Bitcoin (BTC) wallet addresses holding a minimum of 10 BTC — worth over $100,000 — has hit an all-time high, the Bitcoin price continues to

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Freelance Employment Platform Receives Developer Grant from MakerDAO

Blockchain-based employment platform Opolis has announced that it received a developer grant from MakerDAO, the creator of stablecoin DAI.MakerDAO will bring DAI payment integrations to OpolisOn Sept. 17, in a press release shared with CryptoX, freelance platform Opolis and MakerDAO announced that they will bring stablecoin DAI to Opolis’

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CFTC Appoints Former Coinbase Exec as Director of Market Oversight

Coinbase’s vice president Dorothy D. DeWitt will now serve as director of the division of market oversight at the United States Commodity Futures Trading Commission (CFTC).The U.S. CFTC Chairman Heath P. Tarbert announced on Sept. 17 that DeWitt will take responsibility for the CFTC’s oversight over derivatives platforms and

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Wells Fargo to Pilot DLT-Based Cross-Border Settlement Platform

American financial services company Wells Fargo & Company is planning to launch a pilot of a distributed ledger technology (DLT)-based internal settlement service in 2020.In a Sept. 17 press release, Wells Fargo described a DLT-based platform designed to perform internal book transfers of international payments within its global network

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Blockchain Being Used to Turn Ocean Plastic Waste Into Eco-Fabrics

Dutch green fabrics firm Waste2Wear is launching the world’s first collection of fabrics made from ocean plastics traceable via blockchain today.Demand for tracing recycled materialsThe exhibition is taking place from Sept. 17 to Sept. 19 in Paris at the international textile fair Première Vision, American fashion-focused publication FashionUnited reports

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