Just a week before the “Power Lunch” between Tron founder Justin Sun and crypto skeptic/billionaire Warren Buffett, Circle CEO Jeremy Allaire has been added to the guest list, making up one of the possible seven guests who will be attending.
What became abundantly clear during Facebook’s congressional hearings this week was that representatives on both sides of the floor were having none of Facebook asking for permission to launch Libra following its past “move fast and break stuff” mentality.
Following Facebook’s back-to-back congressional hearings regarding the state of its Libra cryptocurrency project, “Libra” moved up to the third most searched topic on China’s web search giant Weibo.
Binance has found itself to be in the possession of $775,000 worth of Stellar tokens after unknowingly receiving dividends for validating transactions on the Stellar network since August 31, 2018. The crypto exchange announced it would distribute the found tokens…
With yesterday’s Senate hearing centering on lawmakers’ distrust of Facebook, the social media giant’s House Financial Services Committee hearing focused much more on what exactly Libra is and saw regulators speaking in a surprisingly positive manner about Bitcoin.
Despite not needing to, crypto broker Bitcoin Suisse has applied for a banking license and security dealer’s license with the Swiss Financial Markets Supervision Authority, anticipating that the “maturing” regulatory environment will soon require the firm to hold both licenses.
Dash-focused wallet MyDashWallet announced it experienced a data breach from May 13 to July 12, with the wallet provider stating that anyone who used MyDashWallet in that time frame should assume the hacker has their private keys.
During the first of two congressional hearings regarding Facebook’s Libra cryptocurrency, project lead David Marcus went as far as to say he’d be willing to take his salary in Libra after intense grilling from Senator Sherrod Brown.
As a temporary solution to Ethereum’s scaling issues, Vitalik Buterin has suggested using the Bitcoin Cash blockchain as a data layer where transaction verification takes place.
The Federal Trade Commission has agreed to hand out a $5 billion fine on Facebook regarding its handling of user privacy during the Cambridge Analytica data breach. The Justice Department is now expected to review and approve the settlement.