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Facebook’s ambitious financial inclusion project, Libra, continues marching forward in spite of mountainous regulatory obstacles, but key members of the Libra Association are having doubts and dropping out. Paypal has now reportedly left the group due to regulatory concerns. Libra representative Dante Disparte has indirectly criticized the move, noting the required “boldness and fortitude to … Read more
The crisis has elevated at the cooperative bank recently placed under regulatory restrictions by India’s central bank. Multiple branches have been raided and several arrests were made. However, the RBI continues to impose a withdrawal limit, preventing bank customers from accessing their savings. The bank has 137 branches across India. Also read: RBI Ban Stops … Read more
Four months of protests continue in Hong Kong as the world is witnessing the biggest uprising of political dissent in the territory since the 1997 ‘handover’ from Britain to China. Protesters have recently embraced wearing Guy Fawkes masks but on October 3, Hong Kong’s current Chief Executive, Carrie Lam, implemented colonial-era emergency powers banning the … Read more
Cryptocurrency markets are resembling the stock market these days. Trading sideways all through last week and this weekend. Let’s take a look at Bitcoin Cash, Stellar and LTC and see if their charts tell us what’s to come ahead. Bitcoin Cash Price Analysis (BCH/USD) The fifth-ranked cryptocurrency has today faced a mixed reaction that formed … Read more
Ross Ulbricht is forced to spend the rest of his life in prison, and October 1 marked the beginning of his seventh year behind bars. Ulbricht has recently authored a letter explaining that he’s “forgotten what freedom actually feels like” and he’s also realized that he lost some of the “best years of his life.” … Read more
Crypto investment firm Grayscale has just released “An Introduction to Bitcoin Cash” highlighting the basics of BCH for those who may be yet unfamiliar, or just wish to brush up on the popular token forked from Bitcoin Core on August 1, 2017. With a significant reputation in the industry, Grayscale’s release of the document marks … Read more
The effects of banking restrictions by the Reserve Bank of India (RBI) have reached an Indian police department. The police sold some cryptocurrencies they seized only to find out that they cannot access the Rs 8.42 crore (~$1.2 million) proceeds due to the current RBI banking ban. Also read: India’s Popular ‘Who Wants to Be … Read more
After a bloodbath last week. This week the markets seemed to have recovered slightly after trading sideways. Whether this trend will continue through the weekend depends on if Bitcoin decides to make any more major moves. Let’s take a look at EOS, BTT and BSV and see what the charts have in store for us… … Read more
The state of Ohio has become an unexpected center of American fintech focus in recent years, thanks to remarkable developments at the intersection of crypto, blockchain and government. That said, the online crypto portal that has allowed Ohio businesses to pay their taxes with bitcoin since last year, ohiocrypto.com, has just been suspended due to … Read more
Software developers wrapped up the first Simple Ledger Protocol Virtual Hackathon (SLPVH) which ended on September 30 with the first place prize awarded to the Project Ignite team. The developers’ project, called Hamingja, is a non-tradeable SLP token that utilizes checkdatasig covenants for a loyalty points system. The second and third place teams created an … Read more