Libra is a blockchain digital currency to be established by the social media platform Facebook. Facebook plans to allow its users to execute financial transactions through Libra via the Calibra digital wallet. Libra is suffering from a great deal of pressure from the U.S lawmakers. This stress is having a …
Read More »Prime Factor Capital being the first Crypto hedge fund to be approved under UK regulations
According to the Bloomberg reports, the first crypto hedge fund that has been approved as the full scope alternative investment fund manager by the Financial Conduct Authority was none other than Prime Factor Capital. Although it has been approved by the UK supervisory body, the firm will abide according to …
Read More »Visa, MasterCard, Uber and PayPal aided Facebook’s Globalcoin
As Facebook is accelerating with great endeavor into the night sky, joining its hands with cryptocurrency, it has got many other companies to support too. Visa, MasterCard, Uber, and PayPal all are supporting Facebook’s Globalcoin Cryptocurrency as said in the reports. A report from the Wall Street Journal says that …
Read More »Weekly Crypto Market Wrap: Price Analysis of Several Cryptocurrencies 2 June – 8 June 2019
Facebook’s stablecoin is what most are eagerly waiting for as the white paper soon to be released by 18th June 2019, as known through different sources. Undoubtedly, the reason behind the eagerness of wait is due to the fact that Facebook along with WhatsApp and Instagram can connect to millions …
Read More »Facebook to try its luck over Globalcoin Cryptocurrency
Facebook has been the most popular among all social media websites since 2011. But it is a matter of time that it has lost its trust among 2 billion users due to the trust issues. Privacy is the most important for every individual and the users are struggling to trust …
Read More »14 January, an awful day for Traders of QuadrigaCX & Cryptopia
Either you can call it fate or irony, but it all had happened in a way that no one can ever envisage. QuadrigaCX traders lost all their money on the same day as Cryptopia, the New Zealand Altcoin factory does, in the month of January. People were lost in this …
Read More »Circle Releases Attestation Report of Stablecoin USDC’s USD Reserves
According to a blog posted on 17th of May, it was revealed that Circle, a crypto finance startup has published the latest third-party audit of its USD-pegged stablecoin, USD COIN(USDC). This new finance startup is backed by Goldman Sachs. Moreover, it was further brought to notice that the audit of …
Read More »Bitfinex and Tether in deep financial trouble, Read it here how the different situations led to the problems
The New York Attorney General’s office released an order it obtained to compel Bitfinex and “stablecoin” Tether to hand over a certain bunch of documents. Both Bitfinex and Tether share the same parent company. The orders could really put Bitfinex into serious financial trouble as the company is charged with …
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