Facebook Plans To Win Over Regulators in Regards to Libra This week, Facebook CEO Mark Zuckerberg, in a conference call to investors, insisted that the company had changed and that it would no longer release products without warning. He further insisted that Libra will not launch until all regulatory issues…
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99Crypto
Rep. Patrick McHenry Cautions Legislators on "Knee-Jerk" Reaction to Libra
Recently in the United States, the U.S. House Financial Services Committee held a contentious hearing regarding Libra, which is a digital currency that Facebook hopes to launch next year. During this hearing, a number of government regulators expressed concern about the currency. At the same time, though, many legislators…
This New Tool Could Help Node Managers Get More Info
On July 24, the Lightning Network announced in a company blog post that they had released the alpha version of a new network monitoring tool. It monitors nodes running lnd, which is a protocol that the company developed that sits on top of Bitcoin's blockchain as well as…
NDIC urges public to use caution when using cryptocurrencies
The Deposit Insurance Corporation in Nigeria (NDIC) is in charge of overseeing federal insurance and acts as a provider of safety nets. On July 25, the NDIC released a warning to the public about relying too heavily on transactions based in cryptocurrency. This comes at a time when the use…
Ripple Is the Third Highest Valued Digital Currency Right Now
Ripple, the digital currency that trades under the symbol XRP, has managed to sell more than $250 million worth of tokens in the second quarter of the year, thus cementing its status as the third most valuable cryptocurrency in the world after Bitcoin and Ethereum. The Ripple Labs business development…
Japanese and Lithuanian Firms Form Unusual Partnership for Digital Trading
On July 23, it was reported that Marubeni Corp., which is a large Japanese trading company, was partnering with WePower, which is located in Lithuania and offers a blockchain-based energy trading platform. According to the report, Marubeni is providing WePower with a loan. Though, at the moment, it is not…