Sources with knowledge relating to Facebook’s cryptocurrency project, GlobalCoin, say the technology behind the possible stablecoin “has a long way to go” and that possible blockchain company partners are reluctant to work with the social media giant.
Kategorie: Ethereum News
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Jack Dorsey Opens Up About Square’s Work With Cryptocurrencies
With Square traditionally offering products that service fiat currencies, Jack Dorsey speaks on why he believes Square’s work with cryptocurrencies will help usher in a new age of consumer empowerment.
Raven Protocol To Hold Token Sale On Binance DEX
The “fully decentralized” blockchain/artificial intelligence startup Raven Protocol plans to sell 300 million Raven tokens on Binance’s recently launched decentralized exchange Binance DEX. The token sale is being dubbed an “initial DEX offering.”
Nevada Governor Signs Lineup Of Blockchain Bills
Over the course of the past two weeks, Nevada Governor Steve Sisolak signed a wave a blockchain bills meant to help promote the growth of the technology throughout the state.
Facebook Adds Crypto Backers Including Visa, Mastercard, PayPal, And Uber
With Facebook set to release details regarding its cryptocurrency, GlobalCoin, the project has received major backing from Visa, Mastercard, PayPal, and Uber, which will each invest $10 million and become part of a consortium that will govern the coin.
Binance Partners With BAM In Preparation For US Exchange Division
Binance’s new trading platform, Binance US, will specifically target North American customers. However, very little is known about Binance’s partner, BAM Trading Services, which is said to be the platform’s operator.
Block.one Outlines Plans For Funding Voice Post-Launch
Though the launch of Block.one’s decentralized social media platform, Voice, has yet to be announced, the company is hard at work figuring out how it can profit from the inflation of the platform’s token and use those profits to fund…
How Wyoming Has Moved To Position Itself As A Crypto Haven
In an attempt to welcome more tech businesses to the state, Wyoming has enacted 13 blockchain laws over the course of two years, including the establishment of a new type of crypto-friendly banking license and rules that allow banks to…
Cryptocurrency Index To Be Added To Reuters, Bloomberg, And TradingView
The index, provided by Cryptoindex, will take into account the “collective sentiments” expressed on social media platforms and within news coverage and will allow traders to view the top 100 performing cryptocurrencies.
Old Mutual Insure Denies Coverage For Mining Operations
Pan-African insurance firm Old Mutual Insure will no longer insure the computer equipment used by crypto mining operations, citing the unregulated nature of the industry and its ties to cybercrime as two major factors.