Facebook’s Libra hasn’t launched, but big banks are already taking notice

Facebook’s Libra hasn’t launched, but big banks are already taking notice

Facebook has only just revealed its far-reaching cryptocurrency plans, but Libra is already prompting global financial institutions to take action. Central banks are reportedly becoming more interested in the idea of creating their own digital currencies following Facebook’s Libra reveal, as evidenced by new comments from the head of the Bank for International Settlements (BIS), As the bank used by central bankers.

Top firms taking ‘one and done’ approach by appointing a token woman to their board, review chief …

Top firms taking ‘one and done’ approach by appointing a token woman to their board, review chief says

Some of the UK’s top firms are taking a “one and done” approach to gender diversity by appointing a token woman to their board, a Government-backed review has found. A small number of FTSE companies are “intentionally blocking progress”, according to Denise Wilson White, chief executive of the Hampton-Alexander review which was set up by Theresa May 2016 to close the gender gap at the top of business.

25 Bitcoin Transactions Worth $6 Billion Included in One Block

25 Bitcoin Transactions Worth $6 Billion Included in One Block

No results matched your search 0 Sign up to create alerts for Instruments, Economic Events and content by followed authors Free Sign Up Cryptocurrency News 10 minutes ago (Jun 30, 2019 02:21PM ET) © Reuters. 25 Bitcoin Transactions Worth $6 Billion Included in One Block Several high-value bitcoin (BTC) transactions were included in a single block on June 30.

Kakao Launches Klaytn Blockchain, Receives Support From Top Firms

Kakao Launches Klaytn Blockchain, Receives Support From Top Firms – Product Release & Updates – Altcoin Buzz

Kakao’s blockchain arm, Ground X, announced that Klaytn’s aim is to bring about the mass adoption of blockchain services and substantiate the value and utility of blockchain technology. More blockchain projects Based on feedback from partners in a public testnet trial in October, the network is said to have a speedy response time on the level of legacy web services.

Iran seized nearly a thousand computers used to illegally mine Bitcoin

Iran seized nearly a thousand computers used to illegally mine Bitcoin

After detecting an unusual spike in energy consumption, Iranian authorities seized nearly a thousand computers being used to mine cryptocurrency, according to the country’s state media. Authorities discovered two bitcoin farms operating in abandoned factories in Yazd province, which caused a seven percent spike in the country’s power consumption this month.

Ethereum transaction volumes at 17-month high; surpasses 1 million daily transactions

Ethereum transaction volumes at 17-month high; surpasses 1 million daily transactions

Ethereum transactions are at their highest in over a year, surpassing 1 million transactions per day on Friday according to Etherscan.io. Ethereum’s daily transaction volumes have been steadily increasing since the start of this year, although it is still shy of its peak of 1.3 million January 2018. Source: Etherscan

Cryptocurrency Mobile App Downloads Stall Amid Price Surge: Report

Cryptocurrency Mobile App Downloads Stall Amid Price Surge: Report

Despite bitcoin’s ( BTC) recent price surge, the download count of cryptocurrency-related mobile applications is not increasing, Bloomberg reports on June 28 Data form mobile app analytics firm App Annie shows that, while in the first half of 2018 there were 65.8 million cryptocurrency-related app downloads, in the first six months of this year there were 67 million, an increase of about 1.82%.

In Depth: Facebook’s Cryptocurrency Ambition

In Depth: Facebook’s Cryptocurrency Ambition

Facebook Inc. threw a bombshell into global virtual currency and financial markets just over a week ago by unveiling its plan to introduce a new cryptocurrency called Libra. It immediately stirred debates over the currency’s technology, use and supervision. With 2.7 billion users across its platform, Facebook will launch Libra from a starting point with which others can hardly compete.

Seven Wild and Crazy Ideas from the Frontier of Retail Blockchain

Seven Wild and Crazy Ideas from the Frontier of Retail Blockchain

When you spend time trying to understand blockchain and some of its applications, inevitably you end up reading some white papers that supposedly explain how blockchain will get applied, and even going back and watching the cute little carefully-crafted 2 minute video and reading everything on the website – and you still don’t understand what the heck that company does or how it does it.

Brave Browser Set To Top the Charts of Best Browsers by Adding XRP and 6 More …

Basic Attention Token News Today: Brave Browser Set To Top the Charts of Best Browsers by Adding XRP and 6 More Cryptocurrencies to Its Platform- Best Cryptocurrency to Invest In 2019 – BAT USD Live Price – Cryptocurrency News Today

Brave browser is one of the fastest-growing web browsers in the world. The browser is competing with the likes of Google Chrome as the second most downloaded browser in the world. The browser just announced the integration of seven new digital currencies into its platform.

XRP News Today: XRP, Libra Or Visa, Which Will Be The King Of Cross Border Remittance

XRP News Today: XRP, Libra Or Visa, Which Will Be The King Of Cross Border Remittance – Crypto News Today – Libracoin News – Cryptocurrency News Update – XRP/USD Live Price

As more cryptos penetrate the digital payment industry, cross border remittances are also affected. This has made more financial establishments to battle for dominance in a market that could boom in a couple of years. Since there are more interested parties, the competition is stiffer and there is a great need to create the best …

Cudo Miner waives mining fees in celebration of reaching 50000 beta users

Cudo Miner waives mining fees in celebration of reaching 50,000 beta users – Coin Rivet

London. 25 th June – Cudo Miner, the crypto mining platform, today announced that it is has reached over 50,000 beta users on its GUI mining platform. To celebrate hitting this milestone, it is introducing 0% mining fees for all miners, both new and existing, across its fully-featured and highly-automated mining software.

Bitcoin Mining Taking Toll on Iran Power Network

Bitcoin Mining Taking Toll on Iran Power Network

The production of a single unit of bitcoin withdraws about 200 million rials ($1,400) in state subsidies, the Energy Ministry’s spokesman for the power department said. “Cryptocurrency miners have put enormous pressure on the national power grid and the upward consumption trend has increased concerns among energy officials,” Mostafa Rajabi Mashhadi was also quoted as saying by ILNA Sunday.

Facebook’s Libra is spurring central banks’ interest in issuing cryptocurrency

Facebook’s Libra is spurring central banks’ interest in issuing cryptocurrency

The Bank for International Settlements (BIS) in Basel, Switzerland is the bank for global central bankers. It’s the stodgiest of stodgy institutions, in other words, and it’s been slow-moving when it comes to cryptocurrency. Now it appears to be picking up the pace, however, spurred by Facebook’s announcement this month that it plans to issue a digital currency called Libra.

Brave Browser Will Soon Allow Users to Tip with Basic Attention Token on Vimeo and Reddit

Brave Browser Will Soon Allow Users to Tip with Basic Attention Token on Vimeo and Reddit – Product Release & Updates – Altcoin Buzz

Brave browser, an open-source internet browser created by Brave Software, will soon enable users to tip on Reddit and Vimeo using the native Brave cryptocurrency. The addition of tipping on the social media platform Reddit and video sharing platform Vimeo with Basic Attention Token (BAT), the native currency of Brave Browser, is yet another big use-case for the cryptocurrency.

Ripple Is Unstoppable, Seven More Banks Join Ripple Sponsored MoneyTap, What Does This …

Ripple Is Unstoppable, Seven More Banks Join Ripple Sponsored MoneyTap, What Does This Mean For Ripple? Ripple News Today – Ripple Is Unstoppable, Seven More Banks Join Ripple Sponsored MoneyTap, What Does This Mean For Ripple? XRP Prediction 2019 – XRP News Today – XRP Latest Update | Smartereum

According to a press release by an SBI Group portal on June 26, seven more Japanese banks joined the MoneyTap payment platform. The report named Ashiga, Toho, Chikubo, Fukushima, Towa, and Shimane banks as the new participants. A tweet by the XRP Research Center also confirmed the new entrants on the SBI Ripple Asia’s money …

Can Ripple Seal A Deal With The European Union To Power Its Cross-border Remittance Sector …

Can Ripple Seal A Deal With The European Union To Power Its Cross-border Remittance Sector? What Would This Mean For XRP? Ripple News Today – Can Ripple Seal A Deal With The European Union To Power Its Cross-border Remittance Sector? What Would This Mean For XRP? XRP News Today – XRP Prediction 2019 – XRP Price Prediction 2019 | Smartereum

Ripple News Today – Ripple’s major goal, reinventing the international payment sector, depends a great deal on signing up institutions that will use its technology. Per our previous XRP news and Ripple news, the more institutions use Ripple’s tech, the more popular the company and its XRP token will become.

Bank of America Merrill Lynch Promoting Ripple’s Cross Border Solutions

Bank of America Merrill Lynch Promoting Ripple’s Cross Border Solutions

A Slideshare by Bank of America Merrill Lynch (BAML) and uploaded by Swift, “SWIFT LARC 2019 – Innovation in Latin America_BAML” from May 2019 recently surfaced online. Per BAML’s GTS innovation program, the bank is involved in Participation Experimentation Consortium memberships, commercial letter of credit, and proof of concepts bank-to-bank, in the blockchain space.

Ripple’s XRP Vs. Facebook’s Libra: Which Blockchain Network Will Overthrow SWIFT? XRP News …

Ripple’s XRP Vs. Facebook’s Libra: Which Blockchain Network Will Overthrow SWIFT? XRP News Today Ripple News Today – Ripple’s XRP Vs. Facebook’s Libra: Which Blockchain Network Will Overthrow SWIFT? XRP News Today – XRP Prediction 2019 – Facebook Vs. Ripple | Smartereum

Ripple News Today – Ripple, the company behind the XRP token, and Facebook, the company behind the upcoming Libra token, are both in a race to dominate the cross-border payment sector. While both companies struggle to dominate this sector, it is important to note that they have to wipe out the existing providers of cross-border …

XRP-Based xRapid Less Volatile Than Fiat Currency, Says Ripple CTO David Schwartz

XRP-Based xRapid Less Volatile Than Fiat Currency, Says Ripple CTO David Schwartz

Ripple’s chief technology officer David Schwartz is offering a new look at the origins and strategy behind the company’s XRP-based payment solution xRapid. In an interview at the Future of Fintech conference in New York, Schwartz says xRapid was created after Ripple ran into trouble convincing banks to adopt XRP for cross-border payments.

5 Statements Confirming the Media Still Doesn’t Understand Bitcoin

5 Statements Confirming the Media Still Doesn’t Understand Bitcoin

It is a well-known fact mainstream media outlets seemingly have a love-hate relationship with Bitcoin and other cryptocurrencies. Some say this is due to ignorance, whereas others see it as blatant fear mongering. Regardless of which explanation fits the narrative, the recent opinions by Jonathan Trugman are quite interesting in their own right.

Facebook Removes Bitcoin Scam Ads With Abu Dhabi Crown Prince

Facebook Removes Bitcoin Scam Ads With Abu Dhabi Crown Prince

Facebook has removed ads for a bitcoin ( BTC) scam that masqueraded as posts by the crown prince of Abu Dhabi, UAE news site The National reports on June 30 According to the report, a recent scam on social media – dubbed “Bitcoin Loophole” – claimed that Sheikh Mohamed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces, personally endorsed a scheme that guaranteed riches within a week through bitcoin trading.

Texas Securities Commissioner Issues Three Orders Against Cryptocurrency-related Fraud

Texas Securities Commissioner Issues Three Orders Against Cryptocurrency-related Fraud – The Tokenist

Travis J. Iles, Texas Security Commissioner, has just issued three cease-and-desist letters against cryptocurrency fraud. The fraud was spread through ‘work at home’ forums online. The Enforcement Division of the State Securities Board has just issued three cease-and-desist orders in an emergency move targeting fraud in the cryptocurrency industry.

Alectra Utilities And Interac Pilot Rewarding Renewable Use With Blockchain

Alectra Utilities And Interac Pilot Rewarding Renewable Use With Blockchain

Alectra Utilities, the second largest municipally-owned energy utility in North America servicing several major municipalities in the Golden Horseshoe region of Ontario (of which Toronto is an anchor) such as Hamilton, Mississauga, and Brampton and Interac, a Canadian interbank network that links together banks and financial organizations to be able to provide Canadians with financial services ranging from online e-transfers, to debit cards, have started working together to explore rewarding those people who use renewable energy in a grid-efficient way with monetizable rewards served through the Interac payment network.

EPS for Banco de Chile (BCH) Expected At $0.48; Punch & Associates Investment Management …

EPS for Banco de Chile (BCH) Expected At $0.48; Punch & Associates Investment Management Has Decreased Simulations Plus (SLP) Position By $620,340 | EnHerald

Analysts expect Banco de Chile (NYSE:BCH) to report $0.48 EPS on July, 29.They anticipate $0.05 EPS change or 9.43% from last quarter’s $0.53 EPS. BCH’s profit would be $241.70M giving it 15.46 P/E if the $0.48 EPS is correct. After having $0.30 EPS previously, Banco de Chile’s analysts see 60.00% EPS growth.

Veteran Trader Warns Massive Bitcoin Drop to $4000 Likely – Plus Ripple and XRP, Ethereum …

Veteran Trader Warns Massive Bitcoin Drop to $4,000 Likely – Plus Ripple and XRP, Ethereum, EOS, Tron, Steem, Chainlink

From new analysis on the path ahead for Bitcoin to the resurrection of Chainlink, here’s a look at some of the stories breaking in the world of crypto. Bitcoin Tone Vays, a former Wall Street trader and vice president at JP Morgan Chase, says he’s not at all convinced Bitcoin is in a bull market.

Ripple Success: Kava Labs TestNet Live, Coil Invest $30 Million in Imgur

Ripple Success: Kava Labs TestNet Live, Coil Invest $30 Million in Imgur

Ripple is known as the blockchain for international payments settlements. Its partnerships, however, are varied, displaying the blockchain startup’s different use cases. Imgur, for instance, has received $20 million as venture equity from Coil. Coil, founded by former Ripple CTO Stefan Thomas earned the capital directed to Imgur from the Ripple Labs’ Xpring Initiative.

Global Cryptocurrency Market 2019 – Huge Market Growth Till 2024: ZEB IT Service, Coinsecure …

Global Cryptocurrency Market 2019 – Huge Market Growth Till 2024: ZEB IT Service, Coinsecure, Coinbase, Bitstamp, Litecoin, Poloniex, BitFury Group, Unocoin Technologies Private, Ripple, OKEX Fintech Company, Bitfinex, etc. – Market Industry Journal

Industry Overview of Cryptocurrency Market The global Cryptocurrency market research report studies market overview defining; definition, types, applications latest trends to identify the revenues and the progress of the market over the forecast period. The report offers preventive and premeditated management along with emphasizes the summary of the global Cryptocurrency market along with classifications and market …

Will Bitcoin’s price rally resume its climb toward $15000?

Will Bitcoin’s price rally resume its climb toward $15,000? | Micky

The popular cryptocurrency surged to nearly $14,000 on Wednesday, breaking a series of 2019 YTD records along the way. That same day, a series of outages at various cryptocurrency exchanges sent prices tumbling by more than $1800. Coinbase’s entire platform – both mobile and desktop – and Robinhood’s crypto trading services were temporarily down due to “degraded performance” issues.

SMC Capital Partner Explains Why Weekend Bitcoin Trading is Booming

SMC Capital Partner Explains Why Weekend Bitcoin Trading is Booming – Bitcoinist.com

Mikhail Mironov of SMC Capital says weekend trading volumes for bitcoin and cryptocurrencies, in general, is indicative of growing retail trading especially from Asia. In an exclusive chat with Bitcoinist, SMC Capital partner, Mik Mironov, explains why he believes weekend cryptocurrency trading has exploded over the last month.

How A Crypto Lending Business That ‘Hates The Banks’ Avoids Exploiting Its Customers

How A Crypto Lending Business That ‘Hates The Banks’ Avoids Exploiting Its Customers | Crypto Briefing

Readers of a certain age will remember a time when banks could increase your wealth, as well as store it. If you’re old enough to remember when Pokemon was just a card game, you might also remember a wise grandparent or uncle telling you to put your allowance in a high-interest savings account, where it …

Reddit will soon let you tip with crypto without using bots

Reddit will soon let you tip with crypto without using bots

Reddit is gearing up to provide native support for cryptocurrency-based tipping. That will come as a big plus to the many diehard crypto-lovin’ Redditors that spend their time crawling its forums on a daily basis. There are so many of these that the biggest crypto subreddit has a subscriber count of more than one million people (or bots)-outnumbering even the Harry Potter subreddit.

seriesOne’s Michael Mildenberger: “Libra is about the balance of power and knowledge”

seriesOne’s Michael Mildenberger: “Libra is about the balance of power and knowledge”

Coin Rivet: Libra has divided opinion. Some say it will take cryptocurrencies into the mainstream. Whilst others argue that a digital currency controlled by tech and payments cartels such as Facebook, Visa and Mastercard, is not the way forward. Do you agree with either of these arguments or does the

Bringing Blockchain Developer Tools to the Enterprise, Truffle and Microsoft Announce Partnership

Bringing Blockchain Developer Tools to the Enterprise, Truffle and Microsoft Announce Partnership

In a recent blogpost, Microsoft and Truffle announced a partnership to bring blockchain developer tools and experiences to the Microsoft Azure ecosystem. The investments the organizations are making include local blockchain nodes for testing, with test data, smart contract authoring and continuous deployment, debugging and testing.

Only Bitcoin Will Survive – Corporate Adoption is Killing Blockchain

Only Bitcoin Will Survive – Corporate Adoption is Killing Blockchain

When bitcoin and blockchain were first introduced to the world, people would often confuse the two being synonymous. However, with time people began to differentiate between them. Recently, CEO of Amber, Aleksandar Svetski, added clarity to the meaning of bitcoin and blockchain by urging people to support the former and withdraw interest in the latter.

Police cameras to be augmented with junk-science “microexpression” AI lie-detectors

Police cameras to be augmented with junk-science “microexpression” AI lie-detectors

The idea that you can detect lies by analyzing “microexpressions” has absorbed billions in spending by police forces and security services, despite the fact that it’s junk science that performs worse than a coin-toss. What could be griftier than selling latter-day phrenology to law enforcement? Adding “machine learning” to the mix!

Institutions keep investing in the blockchain group R3, will XRP benefit?

Institutions keep investing in the blockchain group R3, will XRP benefit?

About five years ago, everything may have seemed unthinkable, but now crypto tokens are almost all over in R3. Things are moving really fast, and for R3, a start-up that develops blockchains for banks, everything is going beyond expectations. Before we move on, let’s not forget that the blockchain firm in question boasts some ambitious plans for XRP.

Blockchain blossoms in Haiti

Blockchain blossoms in Haiti

The technological revolutions that have shaped the modern world have thus far all taken root in rich countries. Today, a new disruptive technology is breaking that mold – blockchain. Nowhere is this plainer than Haiti, the poorest country in the Western hemisphere and home to a blossoming range of projects using blockchain technologies to solve problems in ordinary people’s lives.