Facebook CEO Mark Zuckerberg to testify before the House of Representatives Financial Services Committee regarding Libra for the first time. Today, Oct. 23, Facebook CEO Mark Zuckerberg will testify before the United States House of Representatives Financial Services Committee regarding Libra — the company’s stablecoin project that has been facing major regulatory backlash since the…
Read more
Crypto Briefs is your daily bite-sized digest of cryptocurrency and blockchain-related news – keeping you up-to-date with under the radar crypto news from around the world. Security news The United States National Security Agency has launched a new cybersecurity unit – with staff members who are “prepared” to block North Korea’s attempts to stop weapons…
Read more
Deutsche Boerse, Commerzbank and MEAG have piloted a post-trade securities transaction via tokens. German securities marketplace Deutsche Boerse and Commerzbank have completed a joint pilot transaction settlement of post-trade securities using digital tokens and distributed ledger technology (DLT). Tokens generated from both commercial bank money and securities While the transaction also involved major German asset…
Read more
Source: istock/Photographer, Filmmaker, Designer In a sudden move on Wednesday afternoon (UTC time), bitcoin price dropped by 5% in one hour, reaching the level last seen in May 2019, while almost all top 100 coins also turned red. At pixel time (13:14 UTC), bitcoin trades at c. USD 7,612 and is down by 8% in…
Read more
The world’s largest smartphone maker, Samsung has added 12 new decentralized apps (dapps) to its mobile wallet marketplace, the Samsung Blockchain Keystore. Almost half of the new dapps are gaming titles. Per media outlet Decenter, the new gaming dapps are: DarkTown Yangpa Kisadan (literally “Onion Knights”)Spookiz Link Puzzle (the first three developed by Itam Read…
Read more
The Bohdan Khmelnytsky Monument in Kiev. Ukraine’s parliament is looking to push through cryptocurrency regulation in the final months of 2019. The country looks set to introduce crypto tax laws “before New Year,” with MPs speaking of the cryptocurrency industry providing “huge potential for economic growth.” Per a Facebook post from MP Alexey Zhmerenetsky, a…
Read more
Overstock’s venture capital arm Medici Ventures joins $31 million funding round for California-based software company in the financial industry. Overstock’s venture capital arm Medici Ventures has invested in PeerNova, a startup that develops blockchain-based solutions for financial institutions to synchronize their data across multiple systems. In an Oct. 22 news release, PeerNova reported that it had…
Read more
Blockchain platform TBCASoft, IBM and SoftBank announced a collaboration to adopt a cross-carrier blockchain telecommunications payments platform. Blockchain platform TBCASoft, technology behemoth IBM and telecommunications conglomerate SoftBank announced on Oct. 22 a collaboration to adopt a cross-carrier telecommunications blockchain payment solution. New cross-carrier system Per the release, the partnership aims to allow carriers to use…
Read more
Author of the Token Taxonomy Act and member of the U.S. House Financial Services Committee Rep. Davidson speaks with Cointelegraph ahead of Zuckerberg hearing. In an interview with Cointelegraph on Friday, Oct. 18, United States Representative Warren Davidson gave his thoughts on the Securities Exchange Commission’s (SEC) flawed approach to regulating digital assets as well…
Read more
Facebook CEO Mark Zuckerberg plans to tell Congress that Libra will not launch anywhere in the world until U.S. regulators approve it. Mark Zuckerberg, the founder of social media giant Facebook, plans to tell United States Congress that Libra will not launch anywhere in the world until U.S. regulators approve it. Libra won’t launch anywhere…
Read more
