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Ex-Federal Prosecutor: US Blocking Libra Has National Security Implications

Ex-federal prosecutor and now Andreessen Horowitz partner Katie Haun argues that the United States blocking Facebook’s Libra will have national security implications. Ex-federal prosecutor and now Andreessen Horowitz partner Katie Haun has argued that the United States blocking Facebook’s Libra digital currency will have national security implications. Haun’s comments were reported in a CNBC profile…
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Decentralized Finance, Explained

Decentralized finance is gaining momentum as a sector that could transform the economy. But what is it, and what are the challenges that lie ahead? What is the Crypto Finance Conference? The CFC bills itself as “the most exclusive blockchain investors’ confidence in the industry.” Held on an invitation-only basis, just 200 attendees will be…
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Bitcoin Price Signaling Bearish Continuation, Altcoins Could Rebound

This past week, bitcoin price remained in a bearish zone and settled below the USD 8,500 support area. BTC/USD broke the USD 8,250 and USD 8,000 support levels to move further into a bearish zone. The current (08:00 UTC) price action is negative, suggesting more downsides below USD 7,800. Similarly, ethereum is facing an uphill…
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XRP Price Rallied Today, Leaving Other Top 10 Coins Behind

XRP, the native token of Ripple, is the best performing coin among top 10 tokens by market capitalization on Monday and in the past week. At pixel time (09:32 UTC), XRP trades at c. USD 0.2686 and is up by 5.6% in the past 24 hours and by 7% in the past week. In comparison,…
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UK Financial Regulator’s Crypto Investigations Surge 74% in 2019: Report

The number of the U.K. Financial Conduct Authority’s investigations into crypto businesses surges 74%: from 50 cases in 2018 to 87 already in 2019. The Financial Conduct Authority (FCA), the United Kingdom’s primary financial regulator, has seen a 74% rise in crypto-related investigations in 2019 so far. A local law firm reveals the data According…
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Back to Green: Bitcoin Is Above $8.1K Again, XRP Surges Over 10%

Crypto markets are seeing notable upward movement with Bitcoin breaking back above the $8,000 level. Monday, Oct. 7 — Crypto markets are seeing notable upward movement, with Bitcoin (BTC) breaking back above $8,000. While a few of the top 20 coins report losses at press time, XRP is seeing a sharp growth of over 8%.…
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Crypto Exchange CoinField Launches XRP Validator, Teases New Ecosystem

Cryptocurrency exchange CoinField launches an XRP validator that is already included in Ripple’s Unique Node List, teases a new mysterious project. Cryptocurrency exchange CoinField has launched an XRP validator which is already included in Ripple’s Unique Node List (UNL). According to a press release published on Oct. 2, “UNLs are the lists of transaction validators…
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Chainlink Price Jumps 33% in a Week, Best Performer in the Top 20

With only a few coins in the red, the things have been looking up for the top 20 coins by market capitalization in the past week. Still, the best-performing is without a doubt Chainlink (LINK), that jumped over twice as much as the second-placed Tron. Though the events at the end of September were sudden,…
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‘Very, Very Skeptical:’ German Finance Minister Opposes Facebook’s Libra

Germany’s finance minister Olaf Scholz said in an interview that he intends to keep money issuance under the state’s control. Germany’s finance minister Olaf Scholz sees uses for an electronic version of the euro but believes Facebook should stay away from money issuance.  Scholz: Germany wants E-euros, not Libra Speaking to local financial news outlet…
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Fiat-Backed Stablecoins ⁠— Attempt to Take the Best of Both Worlds

Stablecoins backed by fiat money — what is their goal and which ones do investors prefer and for what uses? Stablecoins attempt to be fiat currencies among cryptos. They can be a medium of exchange, a means of storing value and a unit of account. Unlike other digital coins, stablecoins are tied to some kind…
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