Bitcoin and Black Market Fiat: Hyperinflation Crushes Venezuela as Global Devaluation Ramps Up
Venezuela is being crushed by staggering hyperinflation as a sharply divisive political crisis has the economy in ruins. Some are seeking refuge in alternatives to the national currency, like foreign fiat and crypto. The situation also calls into question the long-term trajectories of other, less volatile economies. National banks globally have been consistently struggling to … Read more
Survey: Facebook’s Stablecoin Libra Unlikely to Become Mainstream
Per Jefferies’ recent survey, Facebook’s users are unlikely to purchase Libra Go to Source Powered by WPeMatico
4 Notes on Bleutrade Delisting Dogecoin, QTUM, and Others
Running a cryptocurrency exchange is a very time-consuming task. Platforms need to cater to as many users as possible, primarily by opening up dozens of trading markets. For Bleutrade one of the smaller altcoin trading platforms, removing dozens of coins is also par for the course. Removing Dozens of Coins When an altcoin exchange notes … Read more
ZenGo Demonstrates Proof-Of-Concept of a Keyless Wallet for Facebook’s Libra
ZenGo publishes its open source project, which purports to provide proof-of-concept that its keyless wallet product can support Facebook’s Libra Go to Source Powered by WPeMatico
Abkhazia to Build Large Crypto Mining Farm, President Says
The President of the partially-recognized Republic of Abkhazia said that the country will build a large crypto mining farm Go to Source Powered by WPeMatico
Bitcoin’s Survival Depends on an Uncensorable Internet
In an age of unprecedented censorship, surveillance and rampant deplatforming, Bitcoin stands out as a beacon of hope. Its decentralized ledger enables value to be transmitted to anyone, anywhere without fear or favor. Whether you’re a Mongolian goat herder or a Miami drugs baron, your money is good when it’s sent as bitcoin. But Bitcoin … Read more
British Regulator FCA Prepares a Potential Ban of Crypto CFDs for Retail Investors
British financial watchdog, the FCA, will soon publish a consultation paper on a potential ban of crypto CFDs for retail investors Go to Source Powered by WPeMatico
Bitcoin Falls Under $10,800 as US Stock Market Sees Minor Downturn
Bitcoin hovers over the $10,600 mark again as most of the top 20 cryptocurrencies are reporting moderate losses on the day Go to Source Powered by WPeMatico
Crypto Exchange Bitfinex Repaid $100 Million to Stablecoin Operator Tether
According to an announcement by Bitfinex, the exchange repaid $100 million of outstanding loan facility to stablecoin operator Tether Go to Source Powered by WPeMatico