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Bank of Thailand Is Open to Discuss Libra, Concerned Over Security

News Bank of Thailand governor Veerathai Santiprabhob said that the institution is open to discussing Facebook’s Libra stablecoin with the company, local media Xinhuanet reported on July 19. Per the report, Santiprabhob made his remarks at the Bangkok FinTech Fair on July 19, pointing out that Fac..

‘Libra Is so Screwed’ — Should Have Used Bitcoin, Says Samson Mow

News Chief strategy officer at blockchain development firm Blockstream, Samson Mow, declared that he believes that Facebook should have used Bitcoin (BTC) instead of developing its own stablecoin in a series of tweets published on July 16. ‘Libra Can’t Be Everything for Everyone’In his tweets, Mow..

Money Managers are Paying Big Bucks to Interpret Your Bitcoin Tweets

News Algorithms that can decode market sentiment are making waves in the institutional crypto landscape, a July 17 report from Reuters claims. An Arms Race for AlgorithmsWith the resounding return of Bitcoin’s (BTC) volatility amid an ever-hotter crypto market, hedge funds and asset managers are ..

US Rep. Kevin McCarthy Praises Bitcoin while Criticizing Libra

News United States house minority leader Kevin McCarthy praised Bitcoin (BTC) while criticizing Facebook’s Libra stablecoin during an interview with CNBC published on July 16. During the interview, McCarthy said: “I like Bitcoin. Is it where it needs to be? No, but the real thing I like when it co..

Fake News: Due Diligence is Essential for Crypto Investors

Fake news – this cliché is everywhere in the political space, but the cryptocurrency industry seems to be the real fertile soil for this infamous phenomenon. Is Social Media to Blame for Fake News? Any financial market that relies partially or integrally on speculators is vulnerable to the psycholo..

Japan to Look Into the Impact of Facebook’s Libra Ahead of G7

News Japanese authorities are investigating the impact of Facebook’s Libra stablecoin, The New York Times reported on July 12. Per the report, Japanese authorities have set up a working group tasked with investigating the impact of Facebook’s stablecoin on monetary policy and financial stability. ..

Billionaire Mark Cuban Says Facebook’s Libra a Big Mistake

News Dallas Mavericks basketball team owner and billionaire entrepreneur Mark Cuban defined Facebook’s Libra stablecoin a big mistake in an interview with CNBC published on July 12. During his interview, Cuban commented on the social media giant’s cryptocurrency endeavors. He said: “I’m not a big ..

Dutch Billionaire Yet Another Victim of Deceptive Crypto Ads, Sues Facebook

Follow up Earlier this week, Dutch billionaire John De Mol launched a lawsuit against Facebook over crypto ads using his image without permission. De Mol claims that consumers have lost as much as 1.7 million euros (over $1.9 million) due to the ads, and his reputation was damaged as a result. It ..

Research: Reddit Crypto-Related Discussion Volume Strongly Correlated to Price

News The University of Notre Dame and the Pacific Northwest National Laboratory (PNNL) released a study on the speed and scale of cryptocurrency discussions on Reddit on May 13. The paper claims to be “the first to qualitatively measure and contrast discussion growth about three popular cryptocurr..

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