JP Morgan‘s Cryptocurrency to Begin Customer Testing This Year

An interview with JPMorgan’s head of digital treasury services and blockchain Umar Farooq has revealed that the financial giant is getting ready to test out their JPM Coin with clients, as per a report from Bloomberg Japan, June 25, 2019. Trial Phase As per the report, Umar Farook disclosed that JPM Coin, the firm’s dollar-backed […]

Facebook Pushes on with Cryptocurrency Recruitment Despite Libra Project Criticism

Facebook is advertising job offers for a cryptocurrency wallet data engineer and regulatory policy expert as it moves forward with its plans for the Libra project. Meanwhile, stakeholders across the cryptocurrency and mainstream finance industries, as well as government officials, continue to express concerns about the company’s foray into the world of cryptocurrency payments. Facebook […]

Stephen Moore: Facebook’s Libra Is a New Challenge to Banks

Just when it seems the entire world is against Facebook’s Project Libra, Mark Zuckerberg and his team have gotten a new friend in Stephen Moore, an American writer, television commentator, and confidant of U.S. President Donald Trump. Moore has described Libra cryptocurrency as an interesting venture that represents a new challenge to central banks, reports […]

Bitcoin up 250% From Bottom, Same Again to $40,000 BTC

A big bullish weekend is usually followed by a red Monday for bitcoin and crypto markets but this has yet to materialize. BTC has continued to climb and is now back at its 2019 and fifteen month high again. Further gains are likely and if Bitcoin can repeat is previous six month’s performance big things […]

Bitcoin SV’s Transaction Volume May Depend on Crypto Whales

Bitcoin SV (BSV) has been in the spotlight since forking off the Bitcoin Cash (BCH) blockchain under the leadership of Craig Wright, Jimmy Nguyen, and Calvin Ayre. Transactional volume on the network is becoming more dependent on whales as Kevin Rookie of The Spring reports that 86.4 percent of BSV volume comes from the top 100 […]

Luxury Fashion Brand Alyx Adopts IOTA Blockchain

Alyx, a luxury fashion brand built on the concept of a subversive culture, has announced the launch of a blockchain pilot powered by IOTA (MIOTA). The project is aimed at increasing supply chain transparency and boosting consumer confidence in its products, reports Vogue Business on June 24, 2019. Alyx Joins the DLT Bandwagon Per sources […]

Why Facebook’s Libra Has all the Makings of a Private Central Bank

A columnist for The Wall Street Journal (WSJ) recently spoke about the upcoming Facebook cryptocurrency, Libra. According to the article, the columnist opines that the proposed stablecoin isn’t as promising as projected and added that Libra gives Facebook the “license to print money.” Libra Will Become a Private Central Bank Recently, U.S. Congresswoman, Maxine Walters, called […]

Ripple’s CEO Believes Facebook’s Libra is a Net Positive for Crypto

Brad Garlinghouse, the CEO of Ripple Inc, is bullish on cryptocurrency adoption stemming from the potential to attract billions through Facebook’s latest cryptocurrency launch. In an exclusive interview with Fortune, Garlinghouse declared that more banks have come forward to enquire about using xCurrent and he believes the increased interest is a result of a massive technology […]

Can We Trust the Facebook Consortium?

It has been a busy two days for Facebook as the social media giant earned the attention of the world following the launch of its project Libra. As of late, a Hong Kong programmer lanced another attack on the project’s governance structure, highlighting a dangerous vulnerability. Libra in the Spotlight Facebook’s cryptocurrency has caught the […]

Bitcoin Dominance Expected to Grow to 70%, Crypto Analyst Warns of Deceiving ALT/USD Charts

For much of the year, crypto analysts have been clamoring for an alt season that promises unheard of returns across the entire space. Talk of 10x returns during the hunt for the next Bitcoin and becoming rich overnight fill social media feeds. However, Bitcoin dominance has only grown since it broke out of the deepest […]