Facebook’s Libra has ticked off as a threat to global financial stability by the G7 group of nations, as per a report from Reuters on Thursday.The task force set up by the G7 nation so as to examine the regulatory issues related to Facebook’s Libra. The...
A ransomware virus has been affecting more than 100 government and private enterprises in the U.S. and internationally gets detected in China, according to a recent Tencent Security report.Dubbed as Ryuk, this pernicious code targets “logistics companies, technology...
The firm behind America’s first Bitcoin (BTC) automated teller machine (ATM), LibertyX plans to add 90 new machines to its network, according to a report by global ATM market publication ATMmarketplace on July 18.A step towards expanding its network, Boston-based...
The co-founder of Apple, Steve Wozniak invests in new blockchain-based company headquartered in Malta, making him the co-founder of Efforce, a energy efficiency company. A Maltese news daily, The Malta Independent reported on July 18.As per Efforce’s LinkedIn...
Coinbase rolls out new tools that will aid entry-level cryptocurrency users to understand what seasoned traders are up to, as announced by the exchange on Wednesday. The new suite of signaling tools includes a tool that will broadcasts the activity of Coinbase’s top...
Bitcoin uptrend in its daily transaction value with an average transaction volume topping $3 billion per day, as per the data from crypto analytics site Coinmetrics.io as of July 16.As per Coinmetrics, the data has been been adjusted to remove noise and certain...
The CEO of Facebook’s crypto wallet Calibra, David Marcus assures that Libra cryptocurrency project would not be launched until they address all regulatory concerns. He delivered his piece at the hearing on Libra with the Financial Services Committee of the United...
The CEO of global financial services firm JPMorgan Chase, Jamie Dimon does not consider Facebook’s cryptocurrency project Libra as a threat in the foreseeable future, as reported by CNBC. Dimon stated his opinion on the matter during a conference call with...
As per a new paper from the International Monetary Fund (IMF), the advancement and increasing popularity of digital money and fiat-pegged cryptocurrencies could leave cash and deposits quite behind in the race. A Fintech Note published on Monday, titled “The Rise of...
Binance, the world’s top exchange by trading volume is planning to launch a branch in South Korea, as per the report from the local news source Block In Press on 16 July. As per the publishing, the CEO of Binance, Changpeng “CZ” Zhao hints at the possibility that the...
