Libra Members Consider Quitting Project Due to Gov’t Pressure: Report

At least three of Facebook’s early backers for its planned Libra stablecoin launch are considering withdrawing their support in light of the fierce regulatory pushback. At least three of Facebook’s early backers for its planned Libra stablecoin launch are considering withdrawing their support in light of the fierce regulatory pushback. A report from the Financial […]

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Binance: Funds ‘SAFU’ After Amazon Web Services Error Stops Withdrawals

Binance CEO Changpeng Zhao says he is confident no cryptocurrency has gone missing due to technical problems on Friday. Cryptocurrency exchange Binance has confirmed user funds are not at risk after a reported technical problem began affecting withdrawals.  According to CEO Changpeng Zhao, also known as CZ, the situation was being resolved on Aug. 23, […]

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Bitcoin Payments 6x Cheaper for Municipalities, Says Canadian Exchange

Bitcoin is more efficient for paying taxes than bank cards, suggests co-founder of Toronto-based cryptocurrency exchange Coinberry, Evan Kuhn. Evan Kuhn, Toronto-based cryptocurrency exchange Coinberry’s co-founder, stated that accepting Bitcoin (BTC) for taxes is more efficient than using bank card payments. As real estate news outlet Mansion Global reported on Aug. 22, Kuhn claims that […]

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Simetri Research Launches Dashboard for Short-Term Crypto Traders

Simetri Research has launched a new cryptocurrency trading signals platform, which is reportedly designed for short-term traders needing quick market insights. Simetri Research, a crypto research and analysis service backed by digital currency reviewer Crypto Briefing and crypto price aggregator CoinMarketCap, has launched a new platform that displays short-term trading signals. Closing the information gap […]

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Xendpay Joins RippleNet to Expand Global Money Transfer Services

International money transfer firm Xendpay has joined RippleNet to take advantage of its network for sending all types of currency around the world. Money transfer service Xendpay has joined Ripple’s global transaction network RippleNet to support international transactions. Going beyond the U.S. dollar Ripple announced the news on Aug. 20. Per the announcement, RippleNet will […]

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Coinbase WalletLink Now Lets Clients Use DApps on Desktop Browsers

Coinbase’s user-controlled cryptocurrency wallet Coinbase Wallet has enabled its clients to use decentralized apps on any desktop browser with the WalletLink service. Crypto exchange Coinbase’s user-controlled Coinbase Wallet has enabled its clients to use decentralized apps (DApps) on any desktop browser with the WalletLink service. Expanded access to DApps Per an official blog post on […]

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FomoHunt Becomes First Merchant to Accept Huobi Tokens as Payment

Crypto exchange Huobi’s native Huobi Token is now usable in real-world online purchases of a wide range of products on e-commerce platform FomoHunt. Cryptocurrency exchange Huobi’s native Huobi Token (HT) is now available for making real-world online purchases of a wide range of products from the e-commerce platform FomoHunt. Per a press release shared with […]

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Crypto Advocate Patrick Byrne Resigns as CEO of Overstock

Crypto advocate Patrick Byrne resigns as CEO of Overstock following rough year in sales. Noted crypto advocate Patrick Byrne resigns as CEO of Overstock. Per a letter of resignation and company statement posted on Twitter Aug. 22, Patrick Byrne will be stepping down as CEO of Overstock. Having led crypto-friendly e-commerce at the company, including the […]

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Bitpoint Taiwan’s Sues Parent Exchange for Overbilling After July Hack

Bitpoint Taiwan, a subsidiary of Bitpoint Japan, claimed $9.4 damages for loss due to overbilling after $32 million hack of parent exchange in July.   The Taiwan-based subsidiary of hacked crypto exchange Bitpoint Japan will file a $9.4 million damages suit as it claims to have been overbilled by the parent exchange. Overbilling is ‘clearly’ […]

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Top-Rated Crypto Exchanges Comprise 5% of Total Trading Volume: Report

Untrusted exchanges still command the lion’s share of global cryptocurrency trading volumes, a new CryptoCompare report reveals. Untrusted exchanges still command the lion’s share of global cryptocurrency trading volumes, a CryptoCompare report published on Aug. 21 reveals. As of July, D-E rated low-quality exchanges represented 64% of trading volume —  a staggering $316 billion — […]

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