Auto Added by WPeMatico
Celo, a competing project to Facebook’s Libra cryptocurrency, has added 50% more new members to its alliance, bringing the total number of supporting organizations to 75. Some Celo members are also supporters of the Libra project, such as Coinbase Ventures, Anchorage, and Andreessen Horowitz. Celo Project Adds Over 20 Members The Celo Foundation announced Tuesday […]
The post 75 Companies Back Facebook Libra’s Competitor Celo appeared first on Bitcoin News.
Powered by WPeMatico
Facebook’s Libra cryptocurrency project has undergone major changes. A number of key areas have been redesigned, including the payment system, the Libra cryptocurrency, and the addition of new single-currency stablecoins. The changes largely aim to comply with regulatory requirements. Also read: Bitcoin Revolution: Wanna Earn $1,000 a Day? Government Warns About This Scam Libra Project […]
The post Facebook Libra Redesigned: New System and Cryptocurrency to Comply With Regulations appeared first on Bitcoin News.
Powered by WPeMatico
Some members of the Libra Association are now backing a rival project called Celo, which has its own blockchain and cryptocurrency. Over 50 major companies have pledged their support, each pursuing a diverse set of use cases. The project claims that the combined reach of all members exceeds 400 million people. Also read: Bitcoin Legal […]
The post 50 Companies Back New Cryptocurrency Project Competing With Facebook’s Libra appeared first on Bitcoin News.
Powered by WPeMatico
News of Japan messaging giant Line’s September 17 launch of an app-connected crypto exchange is captivating lots of attention in the crypto and tech industries this week. Other initially non-crypto apps are also entering the market, adding native tokens, tipping functions and cryptocurrency wallets, illustrating a growing trend toward mainstream crypto acceptance and awareness. Also […]
The post Popular Smartphone Apps Are Adding Crypto Capabilities appeared first on Bitcoin News.
Powered by WPeMatico
A recent letter from the U.S. House of Representatives to social media giant Facebook has crypto users speculating feverishly. The implications of the letter, and Calibra CEO David Marcus’ recent response, will inform the future of money not only in America, but worldwide. House Chairwoman Maxine Waters and cohorts took aim this week not only […]
The post The Swiss Are Onto Something: Facebook, Libra and the Case for Decentralization appeared first on Bitcoin News.
Powered by WPeMatico
Bitcoin and a large number of cryptocurrencies experienced a sharp crash after touching new price highs this year. On June 26, the price of bitcoin core (BTC) dropped from $13,850 to under $11,900 in less than an hour. BTC values against the USD continued to spiral on Thursday, dropping to $10,350 before recovering slightly. With […]
The post Market Outlook: After Crypto Prices Tumble, Observers Weigh in on What’s Next appeared first on Bitcoin News.
Powered by WPeMatico