G20 nations call upon the International Monetary Fund to examine the macroeconomic implications of global stablecoins. The G20 finance chiefs of the world agree that global stablecoins give rise to a set of public policy and regulatory risks. On Oct. 18, Reuters reported that the G20, an international forum for the governments and central bank…
Read more
Australian computer scientist and tech entrepreneur Craig Wright has continued with his claims that he is the inventor of Bitcoin. Australian computer scientist and tech entrepreneur Craig Wright has asserted that Satoshi Nakamoto, the author of the Bitcoin (BTC) white paper, plagiarized him. Speaking at the CC London Investment in Blockchain and AI Forum 2019,…
Read more
Cryptocurrency markets are turning red once again, with Bitcoin trading below $8,000 and suffering from more downward selling pressure. Friday, Oct. 18 — Bitcoin (BTC) is suffering from further downward selling pressure and continues to trade below the $8,000 price mark. Cryptocurrency market daily overview. Source: Coin360 Bitcoin traded below the $8,000 price mark for…
Read more
American financial services company Fidelity Investments has fully launched its cryptocurrency custody service. American financial services company Fidelity Investments has fully launched its cryptocurrency custody service. Abigail Johnson, CEO of Fidelity Investments, revealed the development in an interview with the Financial Times published on Oct. 18. Johnson said that the company is ready to roll…
Read more
JPMorgan Chase CEO Jamie Dimon said that Facebook’s not-yet-released Libra stablecoin is “a neat idea that will never happen.” JPMorgan Chase CEO Jamie Dimon has said that Facebook’s not-yet-released Libra stablecoin is “a neat idea that will never happen.” Dimon delivered his comments during a speech at the Institute of International Finance conference on Friday,…
Read more
MediaLab, a Santa Monica-based holding company, has finalized an agreement with Kik Interactive to acquire the Kik messaging platform. MediaLab, a Santa Monica-based holding company, has finalized an agreement with Kik Interactive to acquire the Kik messaging platform. MediaLab sees the long-term potential of Kik and Kin token On Oct. 18, in a blog post…
Read more
Blizzard’s ban of Bitzchung for expressing his political views triggers community outrage. Is the blockchain coming to the rescue? The gaming world burst into an outrage as a result of Blizzard’s move to expel a leading professional gamer from Hong Kong, Chung Ng Wai (aka Blitzchung), from its international Hearthstone esports tournament. Hearthstone is an…
Read more
Abigail Johnson, CEO of Fidelity Investments. Source: a video screenshot, Youtube, Bloomberg Markets and Finance The US-based mutual fund giant Fidelity rolled out its much-anticipated crypto custody solution. The company made a splash a year ago when it announced the launch of a separate company, dubbed Fidelity Digital Assets, with the goal to offer the…
Read more
The Cryptoverse has been holding breath this week waiting for the 18 millionth bitcoin (BTC) to be mined today, while the #3MillionLeft hashtag is spreading on the Crypto Twitter as a reminder of bitcoin’s scarcity. However, this hashtag misses an important point – time. (Updated at 16:52 UTC: numbers in the fifth paragraph have been…
Read more
Poloniex is spinning out from Circle to set up a new exchange, Polo Digital Assets, and increase its competitiveness in the market. United States-based crypto exchange Poloniex is spinning out from Circle to form a new exchange that will not support trading for customers based in the U.S. New firm receives backing from Asian investment…
Read more
