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19.06.2019
16:15 FinExtra.comThe Main Risks Of Investing In Bitcoin

In modern society today, virtual currencies are rapidly gaining popularity. ATMs for transactions in...

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16:04 Benzinga.comWhat The MoneyGram-Ripple Deal Could Mean For The Cryptocurrency Space

The announcement that Ripple is partnering with MoneyGram International, Inc. (NASDAQ: MGI) has been met with a positive reaction as cryptocurrency goes mainstream.
read more

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15:52 Yahoo.com BusinessBig Four Auditing Firm PwC Releases Cryptocurrency Auditing Software

Big Four auditing firm PwC announced the release of a cryptocurrency auditing software solution in a press release published on June 19. Per the release, the tool newly added to PwC’s Halo auditing suite can be used to “provide assurance services for entities engaging in cryptocurrency transactions.” The firm claims that, with the new addition, the Halo suite permits PwC to provide independent evidence of private-public key pairing (to establish crypto asset ownership), and gather information about transactions and balances from blockchains. PwC further notes that it is already employing the new tool to support audits of clients involved with cryptocurrencies, and assisting companies for which the firm is not the auditor in implementing processes and controls necessary to obtain assurance reports from their

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15:52 Yahoo.com Business‘A Very Expensive Failure’: Blockchain Experts Slam Facebook’s Libra Cryptocurrency

By CCN Markets: A lot has already been said about Facebook’s Libra cryptocurrency and its ambition to disrupt the finance world. But what about the blockchain technology that powers it?  Blockchain experts have poured over the technical documents and played with the Libra protocol testnet. Suffice to say, they’re not convinced about Libra’s claims. “A disaster in slow motion” Bitcoin developer Tamas Blummer offered the most damning assessment of the Libra protocol. He said Facebook is abusing its position to muscle into the blockchain world. “Trying to buy leadership in a cutting edge technology is very expensive and likely futile.

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15:40 Yahoo.com BusinessFundstrat’s Tom Lee: Bitcoin Is Easily Going to Reach New Highs

Fundstrat Global Advisors co-founder Tom Lee said that bitcoin (BTC) could easily reach new highs during an interview with CNBC published on June 18. In his comments, Lee said that bitcoin is becoming the reserve currency of the cryptocurrency space, and noted that it has been worth over the $9,000 price level in only 4% of its history. Before making those price predictions, Lee also noted that Facebook’s Libra project is a validation of mainstream interest in cryptocurrencies.

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15:40 DigitalTrends.comWhat’s in your digital wallet: The 5 weirdest cryptocurrencies

Though cryptocurrency may sound like a big and serious topic, a few of its implementations are actually fun. From Shiba Inus to feline coins and everything in between, we've rounded up the most eccentric digital coins.

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15:27 Phys.orgFacebook's new cryptocurrency won't protect user privacy from the company, expert says

Facebook announced Tuesday (June 18) it will launch a global cryptocurrency called Libra in 2020, alongside the underlying blockchain-based network—a secure, transparent and decentralized digital lender—that will support it.

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14:53 Yahoo ScienceHe Says He Invented Bitcoin and Is Suing Those Who Doubt Him

(Bloomberg) -- At a convention on digital currency, rarely does an audience Q&A session include a question as incendiary as, “Why is this fraud allowed to speak at this conference?” But that’s how a discussion about Bitcoin ended up last year in Seoul.The supposed fraud is Craig Wright, an Australian-born technologist who gained notoriety three years ago when he declared himself the inventor of Bitcoin. The provocateur is Vitalik Buterin, a baby-faced Russian-Canadian programmer who helped create another popular digital currency called Ether. No one disputes Buterin’s role in Ether; many reject Wright’s claim to be Satoshi Nakamoto, the mysterious genius behind Bitcoin.Wright is a comic-book supervillain for some in the world of cryptocurrency. Buterin’s rant was applauded by a handful of people at the conference,

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14:53 Yahoo.com BusinessLitecoin Price Gains Despite Facebook’s Libra Stealing Altcoins’ Thunder

By CCN Markets: Litecoin (LTC) entered a positive territory on Wednesday while other top cryptocurrencies trended flat as investors became cautious following the introduction of the Facebook token, Libra. The LTC-to-dollar exchange rate established an intraday high of $139.66, up more than 3 percent since the Asian session open. The upside action neutralized the pair’s losses in the past seven days. At the same time, it brought Litecoin’s month-to-date gains to 26 percent, with a market value of approx $3.94 billion. Debit Card, Calibra Announcement The surge in the Litecoin price closely followed an announcement by the Litecoin Foundation. The nonprofit

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14:48 Financial TimesCryptocurrency enthusiasts hate, and love, Libra coin

Purists hope Facebook plan will push digital currencies into mainstream

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14:41 Yahoo.com BusinessBitcoin’s Price Snaps Longest Daily Win Streak Since 2018

Bitcoin's price fell on Tuesday, snapping the longest daily winning streak since July 2018. The long-term outlook, however, remains bullish.

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14:40 CryptoCoinsNews.comLitecoin Price Gains Despite Facebook’s Libra Stealing Altcoins’ Thunder

By CCN Markets: Litecoin (LTC) entered a positive territory on Wednesday while other top cryptocurrencies trended flat as investors became cautious following the introduction of the Facebook token, Libra. The LTC-to-dollar exchange rate established an intraday high of $139.66, up more than 3 percent since the Asian session open. The upside action neutralized the pair’s losses in the past seven days. At the same time, it brought Litecoin’s month-to-date gains to 26 percent, with a market value of approx $3.94 billion. Debit Card, Calibra Announcement The surge in the Litecoin price closely followed an announcement by the Litecoin Foundation. The nonprofit
The post Litecoin Price Gains Despite Facebook’s Libra Stealing Altcoins’ Thunder appeared first on CCN Markets

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14:16 CoinDesk.comBitcoin’s Price Snaps Longest Daily Win Streak Since 2018

Bitcoin's price fell on Tuesday, snapping the longest daily winning streak since July 2018. The long-term outlook, however, remains bullish.

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14:03 FT.com TechnologyCryptocurrency enthusiasts hate, and love, Libra coin

Purists hope Facebook plan will push digital currencies into mainstream

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13:46 Techcrunch.ComLibra currently looks more like a fiat currency than a cryptocurrency

Facebook unveiled a cryptocurrency called Libra yesterday as well as the Libra Association, a not-for-profit that will oversee all things Libra. While Libra’s white paper draws a lot of inspiration from other cryptocurrencies, the current governance model and blockchain implementation remind me of banks more than bitcoin. Permissioned blockchain The Libra blockchain is designed like […]

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13:05 TheNextWeb.comFlexer charged with trafficking Bitcoin-purchased drugs in Australia

A man who frequently flaunted his wealth on social media has been found guilty of importing and trafficking drugs purchased with Bitcoin on the dark web. Brendan Leigh Baker, 27, a former cafe owner in Canberra, was found guilty in the ACT Supreme Court this week. According to a report, his most serious charge was attempting to import a commercial quantity of Methylone, a synthetic form of MDMA, which carries a maximum sentence of life behind bars. The case against Baker was centered around the testimony of a former drug dealer turned police informant who provided detailed evidence of the operation.… This story continues at The Next WebOr just read more coverage about: Bitcoin

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12:53 Yahoo.com BusinessDecentralized Video Platform Built on Ethereum Raises $8 Million

The Livepeer infrastructure functions as a “token coordinating network,” incentivizing those with computing power to join and match the needs of those looking to stream.

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12:14 CoinDesk.comDecentralized Video Platform Built on Ethereum Raises $8 Million

The Livepeer infrastructure functions as a “token coordinating network,” incentivizing those with computing power to join and match the needs of those looking to stream.

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12:03 Yahoo.com Business‘Phase Zero’ of a New Ethereum Blockchain Could Go Live Next January

Ethereum may begin transitioning to its next-generation, proof-of-stake blockchain model at the beginning of next year – pending more tests, that is.

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11:48 ScienceNewsDaily.orgUS lawmaker wants Facebook to halt its Libra cryptocurrency project - CNET

Lawmakers still have a lot of questions about Facebook's cryptocurrency plans.

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11:26 FinancialExpress.comShut down cryptocurrencies, says Nobel winning economist even as Facebook pushes Libra

Explaining the perils of cryptocurrencies, Joseph Stiglitz said that the world is already aware of the role that real estate played in money laundering

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11:14 CoinDesk.com‘Phase Zero’ of a New Ethereum Blockchain Could Go Live Next January

Ethereum may begin transitioning to its next-generation, proof-of-stake blockchain model at the beginning of next year – pending more tests, that is.

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11:03 Yahoo.com BusinessBitcoin Logic: The Tactics Of Faketoshi Exposed by Craig Wright Himself

By CCN Markets: Self-professed Bitcoin creator and ‘Faketoshi’, Craig Wright, continued to give himself away in a blog post where he details the logic of false argumentation. Specifically, Wright takes aim at those who would seek to hide behind ad hominem attacks, and use misdirection to avoid the question at hand. That question, according to Wright, is the scaling of Bitcoin, which he states in between bouts of launching ad hominem attacks on everyone from Julian Assange, to Binance, to John McAfee. Here we have the manifestation of Wright’s logic in action. The real question is why he persists in

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11:02 JapanTimes.co.jpFacebook wants its cryptocurrency to one day rival the greenback

Facebook Inc. unveiled plans for a new cryptocurrency Tuesday that the social media giant hopes will one day trade on a global scale much like ...

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10:38 CryptoCoinsNews.comBitcoin Logic: The Tactics Of Faketoshi Exposed by Craig Wright Himself

By CCN Markets: Self-professed Bitcoin creator and ‘Faketoshi’, Craig Wright, continued to give himself away in a blog post where he details the logic of false argumentation. Specifically, Wright takes aim at those who would seek to hide behind ad hominem attacks, and use misdirection to avoid the question at hand. That question, according to Wright, is the scaling of Bitcoin, which he states in between bouts of launching ad hominem attacks on everyone from Julian Assange, to Binance, to John McAfee. Here we have the manifestation of Wright’s logic in action. The real question is why he persists in
The post Bitcoin Logic: The Tactics Of Faketoshi Exposed by Craig Wright Himself appeared first on CCN Markets

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10:12 TheFintechTimes.comCryptocurrencies Jeopardised by Lack of Consumer Understanding

A New Kaspersky survey has discovered that a lack of understanding and trust is holding consumers back from using cryptocurrencies. Kaspersky’s report, ‘Uncharted territory: why consumers are still wary about adopting cryptocurrency’, reveals that whilst 29% of people have some knowledge of cryptocurrencies and there is a demand among many...
The post Cryptocurrencies Jeopardised by Lack of Consumer Understanding appeared first on The Fintech Times.

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10:04 Yahoo ScienceFacebook’s Crypto Libra & Corporate Blockchains: Existential Threats to Bitcoin?

By CCN Markets: When we think of Facebook entering the crypto space with Libra, we need to consider it holistically. There’s a lot more going on here than some social networking giant splashing around in the crypto space. There’s something much more significant we should think about: the litigation that comes along with major companies. Libra liabilities: Intellectual Property and Courtrooms To date, we’ve largely ignored this reality, but the truth is that Facebook and others entering the space brings its own set of challenges. For starters, there will be lawsuits. Somehow, someway, these companies will find themselves in court

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10:01 CNBC technologyFacebook's cryptocurrency is already facing political pushback in Europe

Facebook unveiled its Libra cryptocurrency on Tuesday, and it didn't go unnoticed by European officials.

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09:51 CryptoCoinsNews.comFacebook’s Crypto Libra & Corporate Blockchains: Existential Threats to Bitcoin?

By CCN Markets: When we think of Facebook entering the crypto space with Libra, we need to consider it holistically. There’s a lot more going on here than some social networking giant splashing around in the crypto space. There’s something much more significant we should think about: the litigation that comes along with major companies. Libra liabilities: Intellectual Property and Courtrooms To date, we’ve largely ignored this reality, but the truth is that Facebook and others entering the space brings its own set of challenges. For starters, there will be lawsuits. Somehow, someway, these companies will find themselves in court
The post Facebook’s Crypto Libra & Corporate Blockchains: Existential Threats to Bitcoin? appeared first on CCN Markets

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09:15 CoinDesk.com$200,000 in Bitcoin Seized in Dark Net Drug Probe

In total, authorities seized 20 kilograms of MDMA, over seven kilograms of Ketamine, over 10,000 Xanax pills, and more than $100,000 in cash.

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08:41 Yahoo.com BusinessBitcoin Price Will ‘Easily’ Blast Beyond All-Time High Soon: Wall Street Analyst

By CCN Markets: Speaking to CNBC’s Futures Now, Fundstrat co-founder and head of research Thomas Lee said that considering the momentum of bitcoin, the dominant crypto asset is likely to take out its all-time high very soon. “Well, you know I think bitcoin ultimately becomes a reserve currency in crypto, bitcoin at $9,000 has only been at this level in four percent of its history. We’re deep into a bull market and people are pretty silent about it. I think bitcoin is easily going to take out its all-time high,” said Lee. #Bitcoin is blasting higher, and @fundstrat's Tom Lee

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08:29 CryptoCoinsNews.comBitcoin Price Will ‘Easily’ Blast Beyond All-Time High Soon: Wall Street Analyst

By CCN Markets: Speaking to CNBC’s Futures Now, Fundstrat co-founder and head of research Thomas Lee said that considering the momentum of bitcoin, the dominant crypto asset is likely to take out its all-time high very soon. “Well, you know I think bitcoin ultimately becomes a reserve currency in crypto, bitcoin at $9,000 has only been at this level in four percent of its history. We’re deep into a bull market and people are pretty silent about it. I think bitcoin is easily going to take out its all-time high,” said Lee. #Bitcoin is blasting higher, and @fundstrat's Tom Lee
The post Bitcoin Price Will ‘Easily’ Blast Beyond All-Time High Soon: Wall Street Analyst appeared first on CCN Markets

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07:09 Yahoo.com BusinessBitcoin s Rally Forgets These Asia Crypto Shares

(Bloomberg) -- This year’s resurgence of Bitcoin and other cryptocurrencies has yet to translate into the same kind of gains for some of Asia’s more prominent crypto-linked stocks.The largest digital coin is up about 150% in 2019, surging past the $9,000 level earlier this week ahead of Facebook Inc.’s announcement for a cryptocurrency called Libra, that will be governed by a group of almost 30 companies including Visa Inc., Mastercard Inc. and PayPal Holdings Inc. Facebook shares slipped 0.3% in New York after the announcement Tuesday.The prospect of Facebook and other mainstream institutions such as JPMorgan Chase & Co. entering the space has been one of the main drivers of the so-called thaw in the “crypto winter” since April. U.S. bitcoin-exposed assets have rallied: Grayscale Bitcoin Trust soared 189% this year,

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06:46 VentureBeat.comFacebook’s Libra cryptocurrency faces privacy concerns and political backlash

Facebook announced a new global cryptocurrency called Libra, part of an effort to expand into digital payments that immediately raised privacy concerns.

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06:44 GizmagFacebook launches its own cryptocurrency called Libra


Facebook today announced plans to roll out a new form of cryptocurrency called Libra, which will integrate with the social media giant's apps including WhatsApp and Messenger in an effort to make moving money as simple as sending a text message.
.. Continue Reading Facebook launches its own cryptocurrency called Libra Category: Computers Tags: Cryptocurrency Facebook

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05:37 FinancialExpress.comFacebook’s cryptocurrency ambitions face privacy concerns, political backlash

Those issues have led some government officials to call for Facebook to incur penalties, or be forcibly broken up. Kevin Weil, who runs product for the Libra initiative, said Facebook hopes it can bring global regulators to the table by publicizing its plan.

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05:15 Yahoo.com Business‘Bitcoin Inventor’ Craig Wright’s Satoshi Lawsuit Mediation at ‘Impasse’

By CCN Markets: Self-proclaimed “bitcoin inventor” Craig Wright attended a mediation conference in Miami related to his $10 billion lawsuit against the estate of deceased computer genius Dave Kleiman. Mediator: ‘We Are at an Impasse’ In a federal court filing dated June 18, the mediator noted that the parties were unable to resolve their lawsuit at mediation. “This case did not settle at the mediation. As a result, we are at an impasse.” Calvin Ayre: Craig Wright Is Satoshi Nakamoto Canadian crypto entrepreneur Calvin Ayre tweeted about the mediation moments after it ended. The conference occurred one day after a

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05:03 CryptoCoinsNews.com‘Bitcoin Inventor’ Craig Wright’s Satoshi Lawsuit Mediation at ‘Impasse’

By CCN Markets: Self-proclaimed “bitcoin inventor” Craig Wright attended a mediation conference in Miami related to his $10 billion lawsuit against the estate of deceased computer genius Dave Kleiman. Mediator: ‘We Are at an Impasse’ In a federal court filing dated June 18, the mediator noted that the parties were unable to resolve their lawsuit at mediation. “This case did not settle at the mediation. As a result, we are at an impasse.” Calvin Ayre: Craig Wright Is Satoshi Nakamoto Canadian crypto entrepreneur Calvin Ayre tweeted about the mediation moments after it ended. The conference occurred one day after a
The post ‘Bitcoin Inventor’ Craig Wright’s Satoshi Lawsuit Mediation at ‘Impasse’ appeared first on CCN Markets

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04:27 Zdnet.comFacebook asked by lawmakers to pause Libra cryptocurrency project

Congresswoman Maxine Waters asked Facebook to halt movement of its Libra project until hearings can be held to examine concerns, while French Finance Minister has called for tighter cryptocurrency regulation.

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03:52 RT.comFacebook cryptocurrency launch meets widespread skepticism, demand for safeguards

The much-hyped launch of Facebook's cryptocurrency Libra has met a brick wall of institutional skepticism as politicians and regulators take one look at CEO Mark Zuckerberg's privacy record and raise a collective eyebrow. Read Full Article at RT.com

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01:49 DigitalTrends.comCongress already wants to block rollout of Facebook’s cryptocurrency

It only took a few hours after Facebook provided details of its Libra cryptocurrency on Tuesday for lawmakers in Congress to tell the social media giant to pump the breaks. Facebook was asked to stop development until Congress weighs in.

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01:35 Reuters.com TechnologyFacebook's cryptocurrency ambitions face privacy concerns, political backlash

Facebook Inc announced ambitious plans on Tuesday to launch a new global cryptocurrency called Libra, part of an effort to expand into digital payments that immediately raised privacy concerns.

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01:22 ReutersFacebook's cryptocurrency ambitions face privacy concerns, political backlash

Facebook Inc announced ambitious plans on Tuesday to launch a new global cryptocurrency called Libra, part of an effort to expand into digital payments that immediately raised privacy concerns.

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01:01 CNBC technologyRep. Maxine Waters asks Facebook to pause work on cryptocurrency Libra

Democratic Rep. Maxine Waters on Tuesday requested that Facebook pause its development of Libra, an upcoming cryptocurrency that the company plans to release in 2020.

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00:50 Reuters.com TechnologyU.S. lawmaker calls for Facebook to pause cryptocurrency project

A leading U.S. House lawmaker on Tuesday called on Facebook Inc to halt development on its new cryptocurrency and for company executives to testify before Congress, adding to global concerns about what the digital currency could mean for data privacy and security.

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00:48 ReutersU.S. lawmaker calls for Facebook to pause cryptocurrency project

A leading U.S. House lawmaker on Tuesday called on Facebook Inc to halt development on its new cryptocurrency and for company executives to testify before Congress, adding to global concerns about what the digital currency could mean for data privacy and security.

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00:38 Reuters.com TechnologySenior U.S. lawmaker says Facebook should halt cryptocurrency project pending review

U.S. House Financial Services Committee Chairwoman Maxine Waters said Tuesday that Facebook Inc should halt development of its announced cryptocurrency until Congress and regulators conduct a review.

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00:36 ReutersSenior U.S. lawmaker says Facebook should halt cryptocurrency project pending review

U.S. House Financial Services Committee Chairwoman Maxine Waters said Tuesday that Facebook Inc should halt development of its announced cryptocurrency until Congress and regulators conduct a review.

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00:30 TheVerge.comTop Democrat calls for Facebook to halt cryptocurrency plans until Congress investigates

Hours after Facebook announced its plans for a global cryptocurrency project, a top House Democrat is calling for Facebook to halt its plans until Congress and regulators have had a chance to investigate potential risks.

“With the announcement that it plans to create a cryptocurrency, Facebook is continuing its unchecked expansion and extending its reach into the lives of its users,” House Financial Services Committee Chairwoman Maxine Waters (D-CA) said in a statement. “Given the company’s troubled past, I am requesting that Facebook agree to a moratorium on any movement forward on developing a cryptocurrency until Congress and regulators have the opportunity to examine these issues and take action.”

Waters’s comments came shortly after...
Continue reading…

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00:29 Yahoo.com BusinessFacebook’s Cryptocurrency Is a Nail in the Coffin for ‘Blockchain Not Bitcoin’

Edan Yago is the founder of CementDAO, an effort to bring together stablecoins into a unified ecosystem. The views expressed here are his own. With the announcement of Libra, cryptocurrency has entered the big leagues. Facebook’s entry into this market means every single company now has to take cryptocurrency seriously. Companies around the world are […]

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00:18 Washingtonpost.comLibra, Facebook’s new cryptocurrency, explained

On June 18, Facebook announced the debut of its digital currency Libra. Here’s some background on how the initiative works.

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00:16 Reuters.com TechnologyU.S. lawmakers joins global chorus of concern over Facebook's cryptocurrency

Both Republican and Democratic U.S. lawmakers joined policymakers across the globe who are concerned what Facebook Inc's decision to launch its own cryptocurrency could mean for data privacy and security.

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00:14 ReutersU.S. lawmakers joins global chorus of concern over Facebook's cryptocurrency

Both Republican and Democratic U.S. lawmakers joined policymakers across the globe who are concerned what Facebook Inc's decision to launch its own cryptocurrency could mean for data privacy and security.

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18.06.2019
23:55 Yahoo.com BusinessU.S. lawmaker calls for hearing into Facebook s cryptocurrency

A senior Republican lawmaker wants Congress to promptly examine Facebook Inc's decision to launch its own cryptocurrency. Representative Patrick McHenry, the senior Republican on the House Financial Services Committee, wrote a letter Tuesday to committee Chairwoman Maxine Waters, a Democrat, calling for a hearing on the initiative, dubbed Libra. A spokeswoman for McHenry said he would be open to having Facebook testify directly about the move.

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23:55 Yahoo.com BusinessMoneyGram shares more than double on deal with Ripple

MoneyGram shares more than doubled Tuesday after the money transfer company announced a partnership with the cryptocurrency company Ripple. The companies said late Monday that the two-year deal will allow MoneyGram to use Ripple's blockchain service for cheaper cross-border payments. Ripple, based in San Francisco, invested $30 million in MoneyGram as part of the deal, with an option to purchase up to an additional $20 million in shares at $4.10 each.

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23:53 Reuters.com TechnologyU.S. lawmaker calls for hearing into Facebook's cryptocurrency

A senior Republican lawmaker wants Congress to promptly examine Facebook Inc's decision to launch its own cryptocurrency.

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23:51 ReutersU.S. lawmaker calls for hearing into Facebook's cryptocurrency

A senior Republican lawmaker wants Congress to promptly examine Facebook Inc's decision to launch its own cryptocurrency.

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23:45 SputnikNews.comSenior GOP Lawmaker Calls for Hearing Into Facebook Cryptocurrency Plans - Report

Facebook announced earlier on Tuesday its plans to launch a new cryptocurrency called Libra by 2020 and create a digital wallet for it as part of a bid to make basic financial services more accessible around the world.

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23:44 South China Morning PostFacebook reveals Libra cryptocurrency, sparking new privacy concerns

Facebook announced ambitious plans on Tuesday to launch a new global cryptocurrency called Libra, part of an effort to expand into digital payments that immediately raised privacy concerns.The social networking giant has linked with 28 partners including Mastercard, PayPal and Uber to form Libra Association, a Geneva-based entity governing the new digital coin, according to marketing materials and interviews with executives. No banks are yet part of the group.To facilitate transactions,…

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23:43 CoinDesk.comFacebook’s Cryptocurrency Is a Nail in the Coffin for Blockchain Not Bitcoin

Edan Yago is the founder of CementDAO, an effort to bring together stablecoins into a unified ecosystem. The views expressed here are his own. With the announcement of Libra, cryptocurrency has entered the big leagues. Facebook’s entry into this market means every single company now has to take cryptocurrency seriously. Companies around the world are […]

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23:32 Yahoo.com BusinessHyperledger gets 8 new members including Microsoft, Salesforce, and Ethereum Foundation

The open-source effort Hyperledger has announced recruiting eight new members, including Microsoft and Salesforce. Besides the two software giants, new general members include Gloscad, a Polish company specialising in project development and management, toll technology company Milligan Partners, and palladium producer Nornickel.The post Hyperledger gets 8 new members including Microsoft, Salesforce, and Ethereum Foundation appeared first on The Block.

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22:58 Yahoo.com BusinessCryptocurrency platform HAYVN approved by Abu Dhabi regulator

Cryptocurrency platform HAYVN has announced it has received an in-principle approval (IPA) from the Financial Services Regulatory Authority, the regulatory body connected to the Abu Dhabi Global Market.The post Cryptocurrency platform HAYVN approved by Abu Dhabi regulator appeared first on The Block.

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22:44 CNBC technologyFinance, privacy experts skeptical of Facebook's cryptocurrency ambitions

Consumer advocates warn there's no clear fix if your money goes missing through cryptocurrency transactions.

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22:35 Yahoo.com BusinessLitecoin Foundation to Release Physical Cryptocurrency Debit Card

The Litecoin Foundation has announced a partnership with Bibox Exchange and blockchain firm Ternio to release a physical cryptocurrency debit card, in a blog post on June 18. Customers will be able to keep cryptocurrencies such as litecoin (LTC) and Bibox Exchange’s and Ternio’s native tokens bibox token (BIX) and ternio (TERN) respectively. Within the project, Bibox Exchange will act as the custodian of users’ funds and leverage over $200 million worth of cryptocurrency trading volume.

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22:33 TechInvestorNews.comHeres the tech behind Facebooks Libra cryptocurrency (CNBC: Top News)

CNBC: Top NewsHeres the tech behind Facebooks Libra cryptocurrency - Facebook and other groups are behind a new programming language for working with the Libra blockchain. ...

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22:21 ScienceNewsDaily.orgLibra: What is Facebook's new cryptocurrency and can we trust it?

Your questions answered on Facebook's cryptocurrency Libra. What will it be used for, can we trust it, and what's the point?

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22:12 TheVerge.comTop Democrat calls for strict oversight on Facebook’s new cryptocurrency

The top Democrat on the Senate Banking Committee blasted Facebook’s Tuesday announcement that it would be launching a new cryptocurrency. Sen. Sherrod Brown (D-OH) warned the company that any new plans should be subject to strict oversight.

“Facebook is already too big and too powerful, and it has used that power to exploit users’ data without protecting their privacy,” Brown said. “We cannot allow Facebook to run a risky new cryptocurrency out of a Swiss bank account without oversight. I’m calling on our financial watchdogs to scrutinize this closely to ensure users are protected.”

Facebook is already too big and too powerful, and it has used that power to exploit users’ data without protecting their privacy. We cannot allow Facebook...
Continue reading…

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21:48 Yahoo.com BusinessCFTC Lawsuit Alleges $147 Million in Bitcoin Defrauded From Trading Scheme Investors

22,858.822 bitcoin were misappropriated under Control-Finance's Ponzi-like scheme.

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21:48 Yahoo.com BusinessAnalyst Says Facebook’s Crypto Can See Bigger Adoption Than Bitcoin

By CCN Markets: On June 18, Facebook and the Libra Association formally announced their plans to release Libra, a crypto asset backed by the Libra Reserve to maintain a stable value. By 2020, Facebook has said it plans to integrate Calibra, a crypto wallet designed to support Libra, into WhatsApp and Messenger, introducing the asset to billions of users worldwide by 2020. According to Michael Levine of Pivotal Research, Libra could see bigger mainstream adoption than bitcoin, especially among merchants due to its stable value. But, are Libra and bitcoin comparable? Bitcoin and Libra Are Not Comparable At CNBC’s Closing

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21:45 CNBC technologyFacebook created a 'gateway drug' to introduce billions to cryptocurrency, experts say

Long-time blockchain technologists say Facebook's Libra digital currency will introduce billions to cryptocurrencies, but the company's problems with trust and privacy remain an obstacle.

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21:36 ValueWalk.comBitcoin Breaks $9,000; Uptrend In Adoption And Institutional Support

A commentary on the recent Bitcoin price movements from leaders in the blockchain space. Sky Guo, CEO and Co-Founder at Cypherium, an enterprise-ready blockchain protocol, said, “The analytics have shown us that a huge number of retail investors who entered […]
The post Bitcoin Breaks $9,000; Uptrend In Adoption And Institutional Support appeared first on ValueWalk.

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21:35 CryptoCoinsNews.com$10,000 Bitcoin Price Imminent in ‘the Days of Bitcoin Bug’: Analyst

By CCN Markets: On CNBC’s Fast Money, Cornerstone Macro’s Carter Worth stated that based on technicals, the trend of bitcoin is seemingly positive and is aiming for 2018 levels. Year-to-date, the bitcoin price has risen by 146 percent against the U.S. dollar from around $4,000 to $9,150 following a strong start to the second quarter of 2019. Why technical indicators show bitcoin is on a positive trend According to Worth, the bottom established by bitcoin in December 2018 at $3,150 has acted as an important support level for the dominant crypto asset. If key support levels continue to hold up
The post $10,000 Bitcoin Price Imminent in ‘the Days of Bitcoin Bug’: Analyst appeared first on CCN Markets

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21:35 CryptoCoinsNews.comAnalyst Says Facebook’s Crypto Can See Bigger Adoption Than Bitcoin

By CCN Markets: On June 18, Facebook and the Libra Association formally announced their plans to release Libra, a crypto asset backed by the Libra Reserve to maintain a stable value. By 2020, Facebook has said it plans to integrate Calibra, a crypto wallet designed to support Libra, into WhatsApp and Messenger, introducing the asset to billions of users worldwide by 2020. According to Michael Levine of Pivotal Research, Libra could see bigger mainstream adoption than bitcoin, especially among merchants due to its stable value. But, are Libra and bitcoin comparable? Bitcoin and Libra Are Not Comparable At CNBC’s Closing
The post Analyst Says Facebook’s Crypto Can See Bigger Adoption Than Bitcoin appeared first on CCN Markets

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21:34 Reuters.com TechnologyFacebook reveals Libra cryptocurrency, sparking new privacy concerns

Facebook Inc announced ambitious plans on Tuesday to launch a new global cryptocurrency called Libra, part of an effort to expand into digital payments that immediately raised privacy concerns.

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21:32 ReutersFacebook reveals Libra cryptocurrency, sparking new privacy concerns

Facebook Inc announced ambitious plans on Tuesday to launch a new global cryptocurrency called Libra, part of an effort to expand into digital payments that immediately raised privacy concerns.

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21:26 TheVerge.comFacebook’s cryptocurrency has a trust problem

From the beginning, cryptocurrency was about trust. “The root problem with conventional currency is all the trust that’s required to make it work,” Satoshi Nakamoto wrote in the first public announcement of the bitcoin system. “The central bank must be trusted not to debase the currency, but the history of fiat currencies is full of breaches of that trust.” Most of what we associate with cryptocurrency — the dense technology, the mining gold rush, the alarming price swings — is the direct result of that basic refusal to trust a central financial authority.

Now, that power is in Facebook’s hands. This morning, Facebook announced an ambitious new cryptocurrency called Libra, to be managed by an association of tech and finance companies...
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21:23 CNBC technologyHere's the tech behind Facebook's Libra cryptocurrency

Facebook and other groups are behind a new programming language for working with the Libra blockchain.

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21:14 Yahoo.com BusinessFacebook Reveals Revolutionary Cryptocurrency

The currency will be called Libra and will be managed by the new Facebook (FB) subsidiary, Calibra. Calibra's digital wallet containing Libra is expected to be launched in Messenger, WhatsApp and as a standalone app in the first half of 2020.

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21:12 Zdnet.comCryptocurrency 101: What every business needs to know

There’s promise and peril in the still-evolving world of cryptocurrencies such as Bitcoin and Ether. Here's everything individuals and businesses need to know about the basics of wallets, exchanges, and the next directions in this expanding ecosystem.

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20:51 Yahoo.com BusinessMoneyGram, Ripple Tie Up to Enhance Cross-Border Payments

MoneyGram's (MGI) partnership with Ripple is likely to enhance its cross-border payments business and boost revenue growth.

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20:51 Yahoo.com BusinessEurope wary as Facebook takes up cryptocurrency challenge

European financial leaders on Tuesday vowed vigilance after Facebook announced it was diving into the cryptocurrency market, as analysts warned the social media giant could face major regulatory questions. French Finance Minister Bruno Le Maire, whose government initiated a new tax on digital giants like Facebook that has angered the United States, said such digital money could never replace sovereign currencies of governments and insisted Facebook's plan required guarantees. Bank of England Governor Mark Carney said Facebook's new currency would have to withstand scrutiny of its operational resilience and not allow itself to be used for money laundering or terror financing.

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20:50 CoinDesk.comCFTC Lawsuit Alleges $147 Million in Bitcoin Defrauded from Trading Scheme Investors

22,858.822 bitcoin were misappropriated under Control-Finance's Ponzi-like scheme.

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20:49 Phys.orgEurope wary as Facebook takes up cryptocurrency challenge

European financial leaders on Tuesday vowed vigilance after Facebook announced it was diving into the cryptocurrency market, as analysts warned the social media giant could face major regulatory questions.

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20:39 CryptoCoinsNews.comTom Lee Says This Investment Trust Could Soar Alongside Bitcoin

By CCN Markets: With all of the crypto attention currently centered on Facebook’s Libra cryptocurrency, bitcoin could be gearing up for its best run to date. Fundstrat Co-Founder Thomas Lee believes that it is headed much higher in the near future, predicting that a fear-of-missing-out, or FOMO, will catapult the bitcoin price to $40,000 sooner than later. According to a Bloomberg report, Fundstrat’s latest report suggests that a higher bitcoin price is being supported by “market transparency and integrity.” In turn, a rising BTC price is expected to fuel gains in the Grayscale Bitcoin Trust (GBTC), which “tracks bitcoin’s market
The post Tom Lee Says This Investment Trust Could Soar Alongside Bitcoin appeared first on CCN Markets

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20:15 CoinDesk.comA New Bitcoin Exchange Point On the Colombian-Venezuelan Border Will Help Refugees

Refugees can use a new POS to purchase goods, food, and services when they leave Venezuela.

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20:14 CNBC technologyWestern Union shares drop on fear new Facebook cryptocurrency will take money transfer business

Shares of Western Union fell on excitement around the potential of sending money internationally without fees with Facebook's new cryptocurrency.

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20:10 Techcrunch.ComDaily Crunch: Facebook unveils Libra cryptocurrency

The Daily Crunch is TechCrunch’s roundup of our biggest and most important stories. If you’d like to get this delivered to your inbox every day at around 9am Pacific, you can subscribe here. 1. Facebook announces Libra cryptocurrency: All you need to know Facebook has finally revealed the details of its cryptocurrency Libra, which will […]

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20:02 CNBC technologyAnalysts love Facebook's cryptocurrency: 'Empower billions,' 'watershed moment'

The major Wall Street analysts say Facebook's Project Libra has a bright future.

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19:52 Yahoo.com BusinessBitcoin Falls Near $9,000 as US Stock Market Sees Gains

Monday, June 17 — most of the top 20 cryptocurrencies are reporting moderate losses on the day by press time, as bitcoin (BTC) falls Near $9,000 mark again. Bitcoin is currently down about 3% on the day, trading around $9,045 at press time, according to Coin360.

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19:50 FT.com TechnologyFacebook mints Libra crypto currency

Cannes content concerns, dark sky wars, cyber hackers on the march

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19:40 Yahoo.com BusinessBitcoin Evangelist Andreas Antonopoulos Says Facebook’s Libra Isn’t a Real Blockchain

By CCN Markets: Bitcoin educator and promotor Andreas M. Antonopoulos published a new video today in which he pointed out that Facebook’s Libra project doesn’t amount to a “real” blockchain. Is Facebook's Libra a real blockchain? No. Will it compete against #Bitcoin and truly open, public blockchains? Never. #LibreNotLibrahttps://t.co/MQkpPUuedE — Andreas M. Antonopoulos (@aantonop) June 18, 2019 The professional speaker has spoken at length in the past about the oppressive nature of KYC and “blacklisting” bitcoins. Facebook’s Coin Is Just Another Token Fungibility is an issue at the heart of cryptocurrency – if some coins are good, but others are

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19:28 InvestorPlace.comMoneyGram News: MGI Stock Skyrockets on Ripple Deal

InvestorPlace - Stock Market News, Stock Advice & Trading Tips
MoneyGram news about a deal with Ripple that will have them working together on cross-border payments has MGI stock flying high on Tuesday.
The post MoneyGram News: MGI Stock Skyrockets on Ripple Deal appeared first on InvestorPlace.
More From InvestorPlace 4 Top American Penny Pot Stocks (Buy Before June 21) 5 Red-Hot IPO Stocks to Buy for the Long Run 5 Stocks to Buy for $20 or Less 4 Dow Jones Stocks Ready to Rise

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19:28 CryptoCoinsNews.comBitcoin Evangelist Andreas Antonopoulos Says Facebook’s Libra Isn’t a Real Blockchain

By CCN Markets: Bitcoin educator and promotor Andreas M. Antonopoulos published a new video today in which he pointed out that Facebook’s Libra project doesn’t amount to a “real” blockchain. Is Facebook's Libra a real blockchain? No. Will it compete against #Bitcoin and truly open, public blockchains? Never. #LibreNotLibrahttps://t.co/MQkpPUuedE — Andreas M. Antonopoulos (@aantonop) June 18, 2019 The professional speaker has spoken at length in the past about the oppressive nature of KYC and “blacklisting” bitcoins. Facebook’s Coin Is Just Another Token Fungibility is an issue at the heart of cryptocurrency – if some coins are good, but others are
The post Bitcoin Evangelist Andreas Antonopoulos Says Facebook’s Libra Isn’t a Real Blockchain appeared first on CCN Markets

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19:08 ArsTechnica.comFacebook launches cryptocurrency with Visa, MasterCard, Uber, and others

Facebook plans to bring payments to Whatsapp and Messenger in 2020.

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19:04 BitcoinMagazine.comAsian Markets’ Appetite for Crypto on the Rise, Pushing Bitcoin Premium Surge

Amid the bullish trend in the bitcoin market, bitcoin’s popularity seems to be on the rise particularly in Asian markets.
The post Asian Markets’ Appetite for Crypto on the Rise, Pushing Bitcoin Premium Surge appeared first on Bitcoin Magazine.

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18:52 Yahoo.com BusinessFacebook’s Cryptocurrency Project: Who’s In and Who’s Out

(Bloomberg) -- Facebook Inc. made a renewed push into payments on Tuesday, announcing plans for a cryptocurrency called Libra.Read More: Facebook Wants Its Cryptocurrency to One Day Rival the GreenbackIt will be governed by the Libra Association, a group of companies that will have an equal say in how the cryptocurrency is managed. Almost 30 firms have joined and Facebook hopes another 70 or more will enter the fold in the future.Read Facebook’s Project Libra white paper hereWho’s In:Visa Inc. and Mastercard Inc., the world’s largest payments networks, as well as PayPal Holdings Inc. are on board. For Visa and Mastercard, it’s a chance to offer the world of cryptocurrencies the same services they provide in card payments. All three companies know the challenges of building a network and can offer expertise in

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18:52 Washingtonpost.comFacebook’s Libra Wanders Into the Bitcoin Bear Trap

Putting aside all of the cryptocurrency risks, there are already lots of ways to transfer cash digitally. Does Libra offer anything new?

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18:45 Techcrunch.ComHow Facebook’s Libra is similar in concept and motivation to Kik’s Kin cryptocurrency

Facebook unveiled its Libra cryptocurrency initiative today, which is part of an alternative financial system (including new subsidiary and wallet ‘Calibra‘) it aims to build alongside industry and academic partners including MasterCard, PayPal, Visa, Uber, Andreessen Horowitz and Creative Destruction Lab. Facebook’s plans for Libra sound ambitious, risky and novel – but a predecessor exists […]

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18:28 TheNextWeb.comCrypto Twitter responds to the reality of Facebook’s Libra ‘cryptocurrency’

Following months of speculation, Facebook finally confirmed the release of Libra next year. The tech giant also unveiled details about Calibra, its corresponding custodial digital wallet, but failed to provide specifics about its launch plans. Given the buildup to the announcement, it didn’t take long for Twitter to go into meltdown, with many commentators rushing to share their views with the world. Some good, other less so. Libra twitter pic.twitter.com/5M1fgZP2QU — Neeraj K. Agrawal (@NeerajKA) June 18, 2019 Peter Todd, a well-known industry figure and an applied cryptography consultant, didn’t mince his words. I think it’s safe to say Facebook‘s… This story continues at The Next WebOr just read more coverage about: Facebook,Twitter

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18:28 TheVerge.comEuropean regulators are already pressing Facebook about its cryptocurrency

As Facebook unveiled its cryptocurrency project today, European officials quickly called for scrutiny of the plan, raising concerns over whether the project was sufficiently regulated.

According to comments reported by Bloomberg, French Finance Minister Bruno Le Maire said Facebook’s cryptocurrency, called Libra, must not “become a sovereign currency.”
Must not “become a sovereign currency”

“It can’t and it must not happen,” he told Europe 1 radio. Le Maire reportedly called for G7 banking officials to issue a report on Facebook’s plan next month.

A German member of the European Parliament expressed similar concerns, according to Bloomberg, saying Facebook was at risk of becoming a “shadow bank” and that companies “must not be allowed...
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