Cryptocurrency

• Home
• News
• cryptocurrency

Facebook open to physical-currency backed stable coins for Libra

21-10-2019

On Sunday, the 20th of October 2019, Facebook Inc., the Silicon Valley Goliath, said that it could use national currencies likes of American dollar for its Libra project instead of an entirely blockchain-based synthetic one

Europe has no plans to ban Facebook Libra, says ECB’s Coeure

20-10-2019

On Thursday, the 17th of October 2019, the director of ECB (European Central Bank), Benoit Coeure, said in an interview that policymakers all over the world had no plans to ban Facebook’s Libra

Facebook’s Libra facing off ‘core’ regulatory challenges before launch

18-10-2019

On Wednesday, US Federal Reserve Governor said Facebook Inc.’s latest effort to instrument a digital currency into the mainstream financial system had to overcome a “core set of legal and regulatory challenges”

Facebook's Libra support pared down further as Priceline owners spring back

15-10-2019

On Monday, the 14th of October 2019, the Menlo Park, CA-based social networking Goliath's plan to bring its planned digital currency, Libra, into mainstream commerce, had been hit with another whiplash

Trade tensions & a devalued Yuan fuel up crypto demand among Chinese

16-08-2019

A yearlong Sino-US trade conflict alongside a much-moderated Chinese Yuan have been amplifying demands of cryptocurrencies and crypto-related assets among the Chinese investors

G7 leaders urge to regulating cryptocurrency modules

19-07-2019

The G7 leaders were also in agreement to coming up with a digital tax system for technology-based companies such as Google

Bitcoin drops more than 10% as cryptocurrency criticisms creeping

16-07-2019

Over the last weekend, the original cryptocurrency, Bitcoin was slumped more than 10 percent to a two-week low after gaining more than 30 percent later last month

Bitcoin breaks below $11,000 after failing at resistance, sell-off quickens

28-06-2019

On Thursday, a steep sell-off of the original crypto, Bitcoin, had gathered pace, as crypto traders appeared to be rushing on to banking profits after rising more than 10 percent yesterday (June 26th) to breach its January 2018 highs.

Bitcoin retreats from 18-month high after 10% weekend jump

25-06-2019

On Monday, the 24th of June 2019, during the early European trading hours, Bitcoin had pulled back from its 18-month high reached during the weekend, while analysts remained speculative on further Bitcoin gain

Global money-laundering watchdogs to launch crackdown on cryptos

22-06-2019

On Friday, the 21st of June 2019, a global watchdog said that the cryptocurrency firms would now be held legally responsible for potential abuse of digital coins likes of bitcoin for money laundering

Facebook called before Senate panel on digital currency project ‘Libra’

21-06-2019

On Wednesday, the 19th of June 2019, US Senate Banking Committee had issued a legal statement calling Facebook executives before a senate panel on July 16th to clarify the social networking tycoon’s digital currency project ‘Libra’

US charges ex-CEO of Crypto company Longfin $66 million in fraud

07-06-2019

US prosecutors of a New Jersey district court had filed that the former CEO of now-defunct cryptocurrency company, Longfin Corp., Venkata Meenavalli, 49, had architected an accounting fraud to inflate the revenue of Longfin

Facebook in talks with US regulators over digital currency plans

04-06-2019

Social networking tycoon, Facebook Inc., headquartered in Menlo Park, had been in talks with the Commodity Futures Tradition Commission (CFTC) to discuss about the California-based company’s plan to unveil a digital currency

Bitcoin hits nine-month high after Binance crypto hack

15-05-2019

On Monday, the 13th of May 2019, the leading crypto, Bitcoin had surged more than 12 percent, while it had been hovering around $7,000 level after breaching its critical resistance at $6.750-$6,800.

Hackers shift Binance’s stolen cryptos, identity still unclear

11-05-2019

On Wednesday, the 8th of May 2019, one of the world’s largest bitcoin exchange platform, Binance said that it had faced a brutal hack through phishing and viruses, resulted in a theft of around 7,000 bitcoin

China says it wants to eliminate wasteful bitcoin mining

10-04-2019

On Monday, the 8th of April 2019, China’s state planner, the National Development and Reform Commission said that it had created a revised list of industries, it wished to restrict or eliminate including bitcoin mining

JPMorgan Chase to create digital coin using blockchain technology

16-02-2019

the JPMorgan Chase & Co. seems to be rekindling the hopes of digital currencies, as the largest lenders in US, said on Thursday (February 14th) that they had been planning to launch their own digital coils

Crypto bear may last, as market lacks potential buyers following crackdown

10-02-2019

An era of digital currencies appeared to be threatened by a gauge of global regulatory policies, led by the US securities and Exchange commission, which created fear among the payment companies issuing tokens and the investors

Millions of Quadriga Cryptos frozen following founder’s death

06-02-2019

Over $137 million worth of Quadriga digital currencies had been frozen in the User Accounts, following the death of its founder, Gerald Cotten, a Canadian national, the only person who had access in to the wallet.

Crypto scams hit $1.7 billion in 2018, 400 percent up from a year earlier

31-01-2019

According to a US based cyber security firm CipherTrace report, revealed on Tuesday, the 29th of January, 2019, Cryptos had run off with over $1.7 billion in 2018

Crypto prices signal a rebound, perhaps a Santa Rally?

26-12-2018

Crypto currencies had signaled a rebound in the last few days, while American dollars had been struggling to gain momentum. Many analysts are suggesting this surge as a Santa rally, which could have evaded at the end of Christmas holidays.

Bitcoin trading botched to shift shapes, big moneys at bay

19-12-2018

This year, the bitcoin trading had experienced an apocalypse, while its total market capitalization had been shrunk to three-quarters

Caged cryptos crash further, market valuation in a daedal distress

15-12-2018

As in one month, the crypto market capitalization has been halved, the critical support levels are becoming increasing difficult to identify, both for the investors and analysts. While the report is being prepared

Crypto Startup AriseBank to pay $2.3 million to settle fraud accusations

14-12-2018

A crypto currency startup company, AriseBank, would have to pay $2.3 million to the US securities Exchange Commission or SEC for settling the accusations of deceiving investors through false claims like building a cryptocurrency bank.

Blockchain Platform set to be used in North Sea crude oil trading

05-12-2018

The major oil and trading firms in the North Sea, might soon be trading on a Block-chain based platform for the first time in the history, as a spokesman with knowledge in this regard mentioned.