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Apollo Foundation Launches Decentralized Exchange With Atomic Swaps

Apollo Foundation

Apollo Foundation is announcing the launch of Apollo Decentralized Exchange (DEX), a proprietary software package for the exchange of digital assets in peer-to-peer networks. The beta version features atomic swaps, which is smart contract technology that enables the exchange of different cryptocurrencies without the need for intermediaries or third parties. Unlike traditional exchanges, Apollo DEX […]

Germany’s Scholz: We cannot accept parallel currencies such as Facebook’s Libra

Facebook

Facebook’s planned Libra is the most well-known of the stablecoins, a certain form of cryptocurrency backed by assets such as traditional money deposits, short-term government securities or gold. “We cannot accept a parallel currency,” Scholz said during a panel discussion in Berlin. “You have to reject that clearly.” The German cabinet is expected to adopt […]

China says new digital currency will be like Facebook’s Libra

China

China’s proposed new digital currency would bear some similarities to Facebook’s Libra coin and would be able to be used across major payment platforms such as WeChat and Alipay, a senior central bank officer said. Mu Changchun, deputy director of the People’s Bank of China’s payments department, said the development of the coin would help […]

Telegram’s 300 Million Users Could Soon Be Trading Bitcoin And Crypto

Telegram

Bitcoin’s bull run so far this year, which has seen the bitcoin price climb some 200% since January, has been largely put down to some of the world’s biggest technology companies taking an interest in bitcoin and cryptocurrencies. The bitcoin price has plateaued at around $10,000 as bitcoin traders and investors fret global regulators might […]

BitGo Launches Multi-Signature Wallet and Custody for EOS

BitGo

BitGo, the leader in digital asset financial services, today announced support for multi-signature EOS wallet and custody services. BitGo now supports over 200 coins and tokens enabling institutional clients to hold a broad array of assets. The EOS token is one of the top 10 digital assets by market capitalization, and is used on the […]

Bitcoin SV Headline Sponsor of Pool Premier League Live on FreeSports

Bitcoin SV

The International Professional Pool Association (IPA) have agreed a sponsorship package with Bitcoin SV enthusiast and promoter, Calvin Ayre, for their upcoming Bitcoin SV Premier League live at: Freeview 64, Sky 422, Virgin 553. BSV is the only coin with a blockchain that significantly scales (now), has robust utility (now), and is committed to a set-in-stone protocol for […]

Seagate Entering Pilot Stage For Blockchain Supply Chain Project

Seagate

Supply chain has become a relatively common enterprise use case for blockchain, adding clarity and trust to the slew of processes involved in a product’s journey to the customer. Tech giant Seagate is entering the pilot stage of its blockchain project, using the technology to follow hard drives throughout the supply chain. In 2018, Seagate […]

Ripple’s CEO Worried About Regulatory Backlash Over Facebook’s Libra Plan

Ripple

Brad Garlinghouse, chief executive officer of crypto currency company Ripple, says he’s worried Facebook’s plans to enter the arena with its Libra digital coin will provoke harsher regulation of the entire sector. “You just want to make sure that you don’t get caught in the crossfire,” Garlinghouse said in an interview with Fortune in London […]

Monmouth County Man Charged With Operating An Unlicensed Bitcoin Exchange

Monmouth County

A Monmouth County, New Jersey, man was indicted today by a federal grand jury for operating an unlicensed money transmitting business through which he charged customers fees to convert more than $2 million in cash into the digital currency Bitcoin. William Green, 46, of Wall Township, was charged by indictment with one count of operating […]

Robinhood Plans Relaunch of High Yield Cash Account

Robinhood

Robinhood, a stock trading app popular with millennials, caused a stir last December by announcing a no-fee checking-and-savings account that offered a 3% yield. Days later, however, the company walked back the announcement after regulators criticized it for offering what amounted to a bank account without FDIC insurance—a backstop that protects consumers in the event […]

Damage From Cryptocurrency-related Crimes Estimated at 2.7 tr Won

Cryptocurrency

The financial damage caused by cryptocurrency-related crimes reached nearly 2.7 trillion ($2.3 billion) over the past two years, government data showed Sunday. The financial loss of scams and fraud involving cryptocurrencies came to 2.69 trillion won between July 2017 and June 2019, according to the data from the justice ministry. The ministry said 132 cryptocurrency-related […]

Smart Money Said ‘Skip Bitcoin, Bet on Blockchain‘

Bitcoin

As cryptocurrency prices tumbled across the board last year, venture capitalists focused their attention on the promise of the underlying technology, the ledger known as blockchain. That, many said, was the smarter bet. While Bitcoin’s price has rebounded this year, a fresh batch of data shows the flow of cash into blockchain startups dropped dramatically. […]

British Government Won’t try to Stop Facebook’s new Libra Digital Coin

Libra Digital Coin

Regulators, not lawmakers, should decide whether Facebook needs a banking license to launch the new digital currency Libra, according to Philip Hammond, Britain’s outgoing finance minister. Hammond also told CNBC on Monday that the British government will “engage” with Libra and won’t try to stop it. This week in the U.S., Senate and House committees […]

Litecoin Named Official Cryptocurrency Of The Miami Dolphins

Miami Dolphins

The Litecoin Foundation announced today that Litecoin has become the “Official Cryptocurrency of the Miami Dolphins.” As cryptocurrency continues to be adopted by businesses, institutions and individuals across the globe, this unique partnership creates a powerful alignment between Litecoin and one of the world’s most recognizable sports brands in the Miami Dolphins. Launching for the […]

David Marcus, the Head of Calibra at Facebook: Libra, 2 Weeks In

Facebook

It’s been two weeks since we introduced Libra, a new cryptocurrency powered by blockchain technology. We shared a white paper, a number of deep-dive papers on important topics, a testnet, and additional material. Since then, we’ve seen a lot of great dialogue from many different viewpoints. It’s been encouraging how receptive so many people have […]

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