Thursday, November 21, 2019
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Libra US Congressional Hearing — Recap Before Zuckerberg Faces Senate

Today, Oct. 23, Facebook CEO Mark Zuckerberg will testify before the United States House of Representatives Financial Services Committee regarding Libra — the company’s stablecoin project that has been facing major regulatory backlash since the day it was announced. While Libra was previously represented in front of the U.S. lawmakers

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Cryptocurrency Faces Challenges in Cuba Despite Growing Crypto Adoption

Cuba rolled out mobile across the country last year, and this has resulted in increased usage of cryptocurrency. Most Cubans are increasingly using cryptocurrencies to circumvent economic sanctions levied by the US to access the global marketplace. However, despite this increasing adoption, crypto still faces several challenges in Cuba. Some of

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Crypto in Cuba Faces Challenges Despite Growing Adoption, Overview

Following the roll-out of mobile internet across the country in 2018, many ordinary Cubans are increasingly using cryptocurrencies to bypass economic sanctions imposed by the United States and access the global marketplace.Despite growing adoption, cryptocurrencies still face a number of challenges in Cuba, including limited access to crypto exchanges,

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BitMarket Co-Founder Faces 10 Years in Prison for Multi-Million Bitcoin Fraud – CCN.com

BitMarket co-founder is at the center of a multi-million-dollar fraud investigation. | Image: Shutterstock The District Prosecutor’s Office in the Polish city of Suwałki has charged a co-founder of BitMarket.pl for committing fraud while operating the now-defunct cryptocurrency exchange. On Sep. 12, the court revealed that it had charged an individual

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Bitmain Chip Supplier Faces Infringement Lawsuits From Competitor

TSMC, the world’s largest independent semiconductor foundry and chip supplier for Bitmain, is facing multiple lawsuits from its competitor GlobalFoundries (GF).Alleged patent infringement GF, the second biggest semiconductor foundry by sales after TSMC, filed several lawsuits in the United States and Germany, accusing Taiwanese TSMC of infringing on 16 GF

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