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Facebook-backed Libra Association rebrands as Diem

Facebook-backed Libra Association rebrands as Diem The Libra Association, a consortium created by Facebook to support its Libra cryptocurrency efforts, announced this morning that it has a new name — the Diem Association — and made some key hires ahead of its launch. This is just the latest course correction since the […]

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Facebook’s Libra could launch in January

Facebook’s Libra could launch in January According to a report from the Financial Times, Facebook-backed cryptocurrency Libra could launch in January. More interestingly, the Libra Association, the consortium created by Facebook, could scale back its ambitions once again. When it was first unveiled, the Libra cryptocurrency was supposed to be a brand […]

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Coinbase disables margin trading following guidance from Commodity Futures Trading Commission

Coinbase disables margin trading following guidance from Commodity Futures Trading Commission Just a few months after launching margin trading on Coinbase Pro, the company is disabling the feature. Margin trading lets you trade on leverage. But it works both ways — margin trading lets you multiply your gains and your losses. Starting […]

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Cryptocurrency exchange Liquid confirms hack

Cryptocurrency exchange Liquid confirms hack Cryptocurrency exchange Liquid has confirmed it was hacked, but that the scope of the incident is still under investigation. The company’s chief executive Mike Kayamori said in a blog post the attack happened on November 13. The hacker gained access to the company’s domain records, allowing the […]

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Feds Seize $1 Billion in Stolen Silk Road Bitcoins

Feds Seize Billion in Stolen Silk Road Bitcoins A hacker identified only as Individual X had been sitting on a cryptocurrency gold mine for seven years before the IRS came knocking. Source: www.wired.com Feds Seize Billion in Stolen Silk Road Bitcoins

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DOJ says it seized over $1 billion in bitcoin from the Silk Road drugs marketplace

DOJ says it seized over billion in bitcoin from the Silk Road drugs marketplace Two days ago, about $1 billion worth of bitcoin that had sat dormant since the seizure of the Silk Road marketplace in 2013, one of the biggest underground drug websites on the dark web, suddenly changed hands. Who […]

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Crypto wallet app ZenGo to launch debit card

Crypto wallet app ZenGo to launch debit card ZenGo, a mobile app to manage your cryptocurrencies, is about to launch a Visa debit card in the U.S. This isn’t the first crypto-powered debit card — Coinbase announced a U.S. expansion for its debit card just last week. But ZenGo is a non-custodial wallet, […]

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PayPal to let you buy and sell cryptocurrencies in the US

PayPal to let you buy and sell cryptocurrencies in the US PayPal has partnered with cryptocurrency company Paxos to launch a new service. PayPal users in the U.S. will soon be able to buy, hold and sell cryptocurrencies. More countries are coming soon. PayPal plans to support Bitcoin, Ethereum, Bitcoin Cash and […]

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Luxury watch maker Breitling issues digital certificates on the Ethereum blockchain

Luxury watch maker Breitling issues digital certificates on the Ethereum blockchain Breitling is partnering with Arianee to issue a new kind of certificates of authenticity for its luxury watches. Instead of relying on physical certificates, the watchmaker gives you a unique digital passport that certifies the origin of the watch. Behind the […]

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Cryptocurrency wallet BRD reaches 6 million users, driven by growth in Latin America and India

Cryptocurrency wallet BRD reaches 6 million users, driven by growth in Latin America and India Mobile cryptocurrency wallet BRD announced today that it now has more than six million users worldwide, thanks to strong growth in India and Latin America. With this momentum, the company expects to reach 10 million users by […]

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