Cryptocurrency Analysis and News Portal
A group of U.S. senators has asked Facebook CEO Mark Zuckerberg to discontinue his company’s crypto wallet pilot and commit to not bringing the cryptocurrency Diem to market. “Facebook cannot be trusted to manage a payment system or digital currency when its existing ability to manage risks and keep consumers
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Five Senators have called for the immediate closure of Facebook’s new crypto wallet just hours after it was launched in partnership with Coinbase.Crypto skeptic Senator Elizabeth Warren was one of the five urging Facebook CEO Mark Zuckerberg to “immediately discontinue” the project. In a letter sent to Zuckerberg on Oct.
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In a Tuesday missive, U.S. Senators Brian Schatz (D-Hawaii), Sherrod Brown (D-Ohio), Richard Blumenthal (D-Conn.), Elizabeth Warren (D-Mass.) and Tina Smith (D-Minn.) ordered Facebook CEO Mark Zuckerberg to “immediately discontinue the company’s pilot of Novi” and end its work on the Diem stablecoin project. Original Source
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It might seem that the volatility of digital assets’ prices and the lightning speed with which crypto markets move would mean that those who act fastest secure the heftiest rewards. And in certain cases this holds true – for example, when an announcement of a token’s listing on Coinbase or
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Coinbase’s digital wallet has received the third-most complaints among companies operating such wallets over the past four years.Coinbase received 755 complaints from 2017 through April 2021, according to the Massachusetts Student Public Interest Research Group (MASSPIRG), the consumer research and consumer advocacy group that reviewed complaints filed with the Consumer
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XDEFI offers access to chains such as THORChain and Terra and aims to allow users to move between protocols easily and automatically add new chains. Support for the Arbitum, Avalanche and Solana blockchains will be added in due course, XDEFI said Tuesday. Original Source
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Andreessen Horowitz (A16z), a leading venture capital firm operating in the crypto sector, has nabbed two of the leading engineers working on Facebook’s digital currency project for its digital asset fund.According to an Oct. 11 report from CNBC, Nassim Eddequiouaq and Riyaz Faizullabhoy have jumped ship from Facebook to A16z
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The Bitcoin.com Team is excited to announce support for Ethereum-based DApps in the Bitcoin.com Wallet via WalletConnect. Earn interest on your cryptoassets, trade using decentralized exchanges, participate in NFT marketplaces and more. What is WalletConnect? WalletConnect is a bridge that securely connects DApps to crypto wallets. Once you’ve approved the connection between
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The Salvadoran president, Nayib Bukele revealed on Friday that Chivo wallet users will be able to get a discount on petroleum fill-ups at the largest gas stations in the country. Chivo wallet users paying for fuel will save $0.20 per gallon using the government’s crypto wallet. Salvadoran President Nayib Bukele’s Government
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After a $6 million funding round from leading blockchain venture capital firms and decentralized finance (DeFi) power users, XDEFI Wallet is looking to challenge incumbent MetaMask’s reign.XDEFI is a wallet that will allow users to interact with nine different blockchains. Key features include proprietary gas pricing algorithms and automatically adding
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