Facebook CEO Mark Zuckerberg outlined the firm’s approach to regulators regarding Libra in newly leaked audio from an internal Q&A session held in July. Newly leaked audio from Q&A sessions between Facebook’s CEO and employees revealed Facebook’s early strategy for Libra launch. One month after releasing Libra’s white paper On Oct. 1, tech news agency…
Read more
Fintech-as-a-service startup Rapyd has raised $100 million in a funding round led by venture and growth equity investments firm Oak HC/FT. Fintech-as-a-service startup Rapyd has raised $100 million in a funding round led by venture and growth equity investments firm Oak HC/FT. Per an Oct. 1 press release, Rapyd secured $100 million from investors such…
Read more
A blaze reportedly wiped out huge numbers of rigs owned by mining giant Innosilicon, but the company remains quiet. The Bitcoin (BTC) network experienced fresh turbulence on Sept. 30 while evidence emerged of a fire destroying $10 million worth of mining rigs. A video of alleged Bitcoin miner fire emerges According to Marshall Long, one…
Read more
A network vote at the end of October will decide whether users are in favor of dropping the inflation tool that was a part of Stellar’s original design. Cryptocurrency protocol Stellar (XLM) announced that it intends to remove its inflation feature in an upcoming upgrade. According to the Stellar Development Foundation’s (SDF) blog post published…
Read more
EOS prices are climbing rapidly after the blockchain’s developer successfully settled a legal dispute with an American financial regulator – with the altcoin now outperforming all top ten cryptocurrencies. The token has climbed to USD 3.06 (current price at pixel time of 5:22 UTC), for a market capitalization ranking of 7 (USD 2.8 billion), and…
Read more
After a downside extension below USD 8,000 and USD 7,800, bitcoin price found support above USD 7,600. As a result, BTC/USD started an upside correction above the USD 8,000 and USD 8,250 resistance levels. The price gained nearly 8% and tested the USD 8,500 resistance area. Similarly, there was a solid recovery in many major…
Read more
The United States Commodity Futures Trading Commission charges a United States resident with a $7 million Bitcoin-related fraud. The United States Commodity Futures Trading Commission (CFTC) charged a United States resident with a $7 million Bitcoin (BTC)-related fraud. In an official news release published on Sept. 30, the regulator revealed that Jon Barry Thompson of…
Read more
United Kingdom-based digital banking app Revolut announces a major partnership with Visa to expand its services globally across 24 new markets, including North America. United Kingdom-based digital banking app Revolut announced a major partnership with Visa to expand its services globally across 24 new markets, including North America. According to a Sept. 30 press release,…
Read more
A new cryptocurrency payment solution is in the works in Germany after major crypto payment processor BitPay left this market earlier this year. (Updated at 13:27 UTC: updates in bold). Salamantex, an Austrian payment service provider, and TEN31, a fintech arm of German bank WEG Bank, agreed to cooperate and now aim to start accepting…
Read more
Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Regulation news Smart contracts have become legal in Russia as of today, reports Regnum. The new law – one of a package of three pertaining to blockchain technology, crowdfunding and Read…
Read more
