Cryptocurrency Analysis and News Portal
The Libra Association has signed up Canadian e-commerce platform Shopify as its newest member as the troubled crypto project looks to get back on track. Libra has lost several founding members in recent months for a variety of reasons, the most prominent of which was the massive amount of scrutiny leveled
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Coinbase, the San Francisco-based cryptocurrency exchange, has been made a Visa principal member.Announcing the news on its blog Wednesday, the firm said the news marks it as the "first pure-play crypto company" to be approved by the credit card giant.Coinbase has been working with Visa since 2019 when it launched its
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A member of the United States Federal Reserve’s board of governors has signalled that the institution is more open to the idea of central bank digital currency than previously.Lael Brainard — who chairs several Fed committees — made her remarks during a speech at a symposium on the future
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A LedgerX director and investor has withdrawn his funds and alleged the company may be failing its investors in a dramatic letter obtained by CoinDesk.Nicholas Owen Gunden wrote in a letter addressed to the LedgerX Holdings board, LedgerX LLC board, LedgerX shareholders, and the Office of the Inspector General at
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Ever since Facebook announced earlier this year that it was going to launch its own cryptocurrency, Libra, the token has been met with a lot of skepticism. Leading regulators at some of the world’s central banks, as well as United States President Donald Trump, have criticized different aspects of Libra. Major
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A British national has been extradited to the U.S. for his alleged participation in “The Dark Overlord” hacker group that stole data from several Missouri companies and demanded ransom paid in bitcoin. He is an alleged member of the international hacker collective known as “The Dark Overlord.” That group came to
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British-Swiss commodity trading and mining company Glencore will use an IBM-developed blockchain solution to track cobalt. In a press release issued on Dec. 12, Glencore confirmed it had joined the Responsible Sourcing Blockchain Network (RSBN), a joint partnership between various major corporations leveraging the technology to improve supply chain transparency. Glencore:
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Bison Trails has secured a $25.5 million Series A round led by Blockchain Capital to develop the firm’s infrastructure services. Source
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Pioneering digital payments firm PayPal will no longer be a part of the Geneva-based non-profit Libra association, an alliance that oversees Facebook’s digital currency program Libra. This move come after reports that PayPal is worried about Libra.The payments giant has not stated any precise reason behind its withdrawal from the
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Samsung Pay, the mobile payments service of South Korean tech giant Samsung, has partnered with payments platform Finablr, Ripple’s RippleNet member, to offer cross-border payments feature Money Transfer to its app’s users.Finablr announced the partnership on Oct. 3, claiming that the new feature “offers users seamless and secure cross-border
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