Bitcoin
After a conservative first day at the Facebook Libra hearing, the second sitting with the US Senate Financial Services Committee has generated some very interesting headlines. A number of lawmakers seem to still doubt Facebook’s privacy claims and ability to run a cryptocurrency project devoid of controversies, others laud
Blockchain
Fantom Foundation (parent company of Fantom cryptocurrency) has announced a partnership which will see the Fantom Foundation establish an operational base in Dubai. The partnership was formalized at a signing ceremony between the Fantom Foundation, The Private Office of Sheik Saeed bin Ahmed Al Maktoum and the SEED Group. Further
Bitcoin
After a moderate show on the first day of the Facebook Libra hearing, we take a look at matters raised and insights to possible outcomes of the sitting. Day 1 involved a session between the Senate Banking Committee and Facebook. The social media giant was duly represented by David Marcus
Blockchain
Tech giant Samsunghas partnered with six other Korean firms to develop a blockchain-based certificate and ID authentication network. Announced on Sunday, the partnering institutions include; Samsung, mobile carriers - Sk Telecom, LG Yuplus and KT, Banks – KEB Han and Woorland, Government securities infrastructure provider - Koscom. The project will provide
Bitcoin
The United Kingdom Finance Minister – Philip Hammond has said regulators and not lawmakers should decide how to regulate cryptocurrency, as he spoke with regards to Facebook’s Libra stablecoin. In an interview with CNBC, the minister opined that the Facebook coin is an “issue for regulators to determine, not for
Bitcoin
With Facebook’s cryptocurrency hearing hours away and as reactions to President Trump’s tweet continue to pile up, former Republican congress man and three-time US Presidential Candidate - Ron Paul says “I’m all for cryptocurrencies, I like competing currencies”. Speaking at a recent interview, Ron Paul says he
Bitcoin
With the United States Senate hearing on Facebook’s cryptocurrrency project set for tomorrow (July 16 & 17), a draft bill has surfaced regarding the next line of action; seeking to prevent large technology companies from issuing cryptocurrencies. Last week, President Trump in likely anticipation of this hearing had also
Bitcoin
The creator of ‘Bitcoin Wallets Achievers’ ponzi scheme has had his house and Lamborghini set ablaze after he absconded with investor funds in South Africa. Details show that the ‘Bitcoin Wallets’ scheme was run by Sphelele Sgumza Mbatha, a resident of Ladysmith in eastern South Africa. According to reports, the
Bitcoin
Unites States Federal Reserve Chairman – Jerome Powell has aired his views on Bitcoin and Facebook’s Libra cryptocurrency; as he believes a globally adopted cryptocurrency system could remove the need for reserve currencies. Speaking at a session with the Senate Banking Committee setup for hearing of Facebook’s cryptocurrency project,
Bitcoin
Georgiahas announced the exemption of cryptocurrencies from its value-added tax (VAT), setting a blue print for other nations having similar debates. According to reports, Georgia’s Minister of Finance – Nodar Khaduri has signed the bill aimed at regulating taxation of entities that trade or mine cryptocurrencies. By this new bill,
Bitcoin
United States National Football League team – Miami Dolphins has adopted Litecoin (LTC ) as its official cryptocurrency. According to an official announcement, this latest development is championed by a three-way partnership involving the Litecoin foundation, Miami Dolphins and crypto merchant company – Aliant paymnents. This new partnership will focus on offering club
Bitcoin
Mixed reactions have trailed U.S President Donald Trump’s Bitcoin and Facebook Libra Tweet, in which he said he is not a fan of either asset. Many seem not to fancy his opinions however, and as always some non-coiners share the same thoughts at his. Here, we look at