Category: cryptocurrency

Ripple CEO Reveals Discussion With US Treasury Secretary, Says Lawmakers Risk Handing New Sector of Global Economy to Foreign Interests

Ripple CEO Brad Garlinghouse says he’s talked with US Treasury Secretary Steven Mnuchin about how the Trump Administration can responsibly regulate cryptocurrency. In a series of tweets, Garlinghouse says he agrees with Mnuchin’s doubts that crypto can replace the dollar and other fiat currencies – at least in this lifetime […]

“A National Security Issue”, US Secretary of Treasury Speaks On Libra and Bitcoin

Just days ago President Donald Trump called Bitcoin and other cryptocurrencies “not money” when he Tweeted about the subject for the first time. Now his Secretary of Treasury, Steve Mnuchin has offered a warning about the industry. Specifically, he addressed the negative impact that Facebook’s new cryptocurrency Libra could have.  […]

Vitalik Buterin weighs Bitcoin Cash Vs. Ethereum for network scalability

With the rise in crypto adoption, heavyweights of the crypto ecosystem are moving forward with the aim to improve the existing security standards and speed, in order to gain an edge over others. One of the major influencers in the crypto ecosystem, Vitalik Buterin shared his view to infuse a […]

Bitfinex announces revenues from margin trading funds dedicated to LEO

Bitfinex was dragged into a controversy with Tether, the largest stablecoin, where the exchange was allegedly covering a loss of $850 million with Tether funds. The situation escalated in the community and Tether ended up dropping down to $0.96. The stablecoin quickly recovered its valuation but Bitfinex lost its standing […]

Can Trump Ban Bitcoin?: Here’s What Analyst Alex Kruger Alludes

On July 11th, the president of the United States went on a Twitter tirade speaking about his distaste for cryptocurrency, bitcoin, and Facebook’s Libra. Following this announcement, bitcoin prices remained unaffected. However, this past weekend has seen a downtrend with bitcoin even trading below $10,000. Crypto veteran analyst and trader […]

U.S Government Seeks to Ban Facebook, Others, from Financial Services including Cryptocurrency

In what can only be interpreted as a crackdown on the growth of digital assets in the United States, the House Financial Services Committee’s Democratic majority is currently circulating a new proposal for discussion. The proposal, which is probably expected to be promoted and maybe someday become law, seeks to […]