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Mastercard Left Libra Association Over Regulatory and Viability Concerns, Says CEO

Mastercard's CEO says the firm pulled out of the Facebook-led Libra project after developing concerns over its business model and compliance.Ajay Banga, who has been the CEO and president of Mastercard since 2009, told the Financial Times his attitude towards Libra deteriorated as project members proposed linking what was supposed

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Bugs Found in Compiler for Readable Ethereum Smart Contracts, Team Downplays Concerns

A Jan. 8 post published by the Ethereum Foundation (EF) revealed that developers are working on a new implementation of the Vyper compiler, due to “multiple serious bugs” in the existing version. The Vyperlang team responded by noting that existing Vyper smart contracts were not affected by these bugs.Vyper

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Visa’s Rolls Out New Blockchain LucidiTEE – Tackles Concerns related to misuse of sensitive user data, when shared with third-parties.

Visa’s LucidiTEE claims to be the first system to enable multiple parties to jointly compute on large-scale private data while guaranteeing policy-compliance even when the input providers are offline and allows fairness to all output recipients. The project, from the research arm of Visa –  aims to take on growing

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Rep. Davidson Sees Place for Blockchain in US Manufacturing Despite Congress’ Concerns

United States pro-crypto Congressman Warren Davidson (R-OH) has once again called for clear regulations of blockchain industry to maintain U.S. economic dominance.On Nov. 4, Davidson published a letter in the Wall Street Journal in response to an Oct. 24 report on automation in manufacturing. The congressman urged the U.S.

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Libra Hearing Fails to Assuage Senior Lawmakers’ Concerns

Following testimony before the United States House of Representatives Financial Services Committee earlier today, lawmakers are still concerned about the possible launch of the Libra stablecoin.On Oct. 23, legislators heard statements from Facebook CEO Mark Zuckerberg and posed questions covering a variety of topics from Libra to Facebook's data policies and

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Coinbase’s Chief Legal Counsel Tackles Crypto Ratings Concerns

Brian Brooks, the chief legal counsel at major United States digital wallet and exchange Coinbase, has responded to concerns that conflicts of interest could compromise the company’s newly-created Crypto Ratings Council.In an interview with crypto media outlet The Block on Oct. 3, Brooks addressed concerns that the Council’s compliance

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Latest Bitcoin Drop Proves SEC’s ETF Concerns: Chervinsky

The US Securities and Exchange Commission (SEC) is right about their decision to reject bitcoin exchange-traded funds, believes Jake Chervinsky of San Francisco-based Compound Finance.The general counsel on Thursday said the US securities regulator has valid concerns about bitcoin’s price volatility. He referred to the cryptocurrency’s latest price drop, wherein

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