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Monday, June 24, 2019
CryptoCurrency News: Facebook’s Libra Cryptocurrency: Bad for Privacy, Bad for Competition
Allowing Facebook to mint its own coin would turn it into the greatest monopoly in history, argues Signature Bank's chairman.
via CoinDesk
CryptoCurrency News: Scammers Target Libra Fans With Fake Sites, Zuckbucks
Buyer beware: the difference between ì and i can mean the loss of a few thousand dollars if you're not careful.
via CoinDesk
CryptoCurrency News: Second US Congressional Hearing Is Scheduled on Facebook’s Libra Crypto
The U.S. House Financial Services Committee has scheduled a hearing on Facebook's libra cryptocurrency for July 17, one day after the Senate holds its hearing.
via CoinDesk
CryptoCurrency News: Russia May Allow Crypto Trading in Upcoming Legislation: Official
As Russia's cryptocurrency bill inches towards being finalized, a government official has suggested that trading might be allowed.
via CoinDesk
CryptoCurrency News: SWIFT Gives Blockchain Platforms Access to ‘Instant’ GPI Payments Following R3 Trial
Interbank messaging giant SWIFT will soon allow DLT-based trade platforms to make use of its GPI platform for traceable, near-instant payments.
via CoinDesk
CryptoCurrency News: TechCrunch Founder Sells $1.6 Million House on Blockchain Real Estate Platform
Michael Arrington has also dived into blockchain capital investments with his $100m firm, Arrington XRP Capital.
via CoinDesk
CryptoCurrency News: Facebook Seeking Crypto Wallet Data Engineer, Regulatory Policy Expert
Facebook is seeking a data professional to work on its crypto wallet Calibra, as well as a policy specialist to help with regulatory hurdles.
via CoinDesk
CryptoCurrency News: Bitcoin on Track for Best Second Quarter Price Gain on Record
Bitcoin appears to be powering to the best second quarter price gain on record and the best quarterly performance overall since late 2017.
via CoinDesk
CryptoCurrency News: BIS Wants ‘Level Playing Field’ for Banks Amid Threat From Firms Like Facebook
The Bank for International Settlements has expressed concerns over the expected disruption as big tech firms like Facebook enter the financial space.
via CoinDesk
CryptoCurrency News: This Ethereum Lottery Perfectly Explains How Facebook’s Big Corporate Backers Will Profit from Crypto
This is a post about a lossless DAI lottery called PoolTogether. But it's really about how Facebook's Libra project will make money for its big backers.
via CoinDesk
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