French Finance Minister Warns He ‘Cannot Countenance’ Facebook’s Libra

News France’s economy and finance minister has repeated his criticism of Facebook’s digital currency Libra, saying he cannot allow its existence. Le Maire: France has “clear position” on LibraIn an opinion piece for the Financial Times on Oct. 17, Bruno Le Maire claimed Libra would take power over..

Bitcoin ATM in Miami Airport Raises Questions About Traveling With Crypto

Miami based bitcoin ATM maker Bitstop has recently installed Miami International Airport’s first crypto ATM, according to a press release issued October 15. The installation adds to the 106 machines the company has already placed across the U.S. Further, it raises important questions about the benef..

Major Singapore Bank Completes First DLT Trade Financing Transaction

News A Singaporean banking branch of CIMB Group, one of the largest Asian investment banks, has completed its first blockchain-based trade financing transaction. The transaction was processed using a blockchain and Internet of Things (IoT) platform developed by local trade financing firm iTrust Tr..

Crypto-Friendly Browser Brave Hits 8 Million Monthly Active Users

News Cryptocurrency-powered web browser Brave announced on Oct. 16 that it reached 8 million monthly active users. Furthermore, daily active users stand at over 2.8 million and the number of creators subscribed to its web advertisement network also reportedly substantially increased. There are al..

Can Political Fundraising Through Crypto Find Mainstream Acceptance?

Analysis A Reuters report published on Oct. 8 claimed that Japan’s internal affairs and communications minister, Sanae Takaichi, confirmed to ministers in the country that crypto donations are not subject to financial regulations. However, in the same announcement, Takaichi mentioned that donating..

No, Pepsi’s ‘Pepcoin’ Is Not a New Cryptocurrency

Many people believe that one of the main drivers for mass adoption is major corporations launching their own cryptocurrencies. But sadly, that isn’t going to be Pepsi just yet despite what some have suggested.Pepcoin Is a Rewards Program FMCG giant Pepsico recently announced a new rewards program..

Bitcoin ‘Maybe Is a Partial Store of Value,’ Concedes Nouriel Roubini

News Economist Nouriel Roubini — also known as “Dr. Doom” for his prediction of the 2007-2008 financial crisis and a notorious critic of cryptocurrencies — has conceded that Bitcoin (BTC) is “a partial store of value.” Roubini made the concession during a panel together with a host of high-profile..

Tesla Rival Speeds Ahead with Bitcoin (BTC) Payment Option

Luxury electric car maker, Karma Automotive, now has a Bitcoin (BTC) payment option for its models. The firm is now ahead of Tesla, which has so far only toyed with the idea proposed by the crypto community. BTC Payments Part of the VIP Package Karma now offers new buyers and old customers the oppo..

Smart Contract Blockchains Are Struggling to Scale

Second generation blockchains were presented as being faster, cheaper, and more scalable than Bitcoin. Third generation chains (basically anything that came after Ethereum) promised even greater optimizations. In the event, these networks have run into the same difficulties as Bitcoin, with competit..

Bitcoin Price Back Above $8K as Pound Sterling Rises on Brexit Deal

Market Update Bitcoin (BTC) climbed back above $8,000 on Oct. 17 as news the United Kingdom had agreed on a deal with the European Union over Brexit ricocheted through markets.Cryptocurrency market daily overview. Source: Coin360 Bitcoin Price Reclaims $8KData from Coin360 showed Bitcoin behavin..

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