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Libra Loses Key Members, Potentially Forked — Still Looks Confident

Analysis Earlier this week, initial members of the Libra Association formalized a governance structure after holding their inaugural meeting in Geneva. The transition happened just days after seven high-profile participants, including Visa, eBay and Mastercard, chose to leave the organization. Lib..

Telegram Writes Investors to Counter FUD Before Feb. SEC Hearings

News In a letter to investors, Telegram encouraged investors to view the United States Securities and Exchange Commission (SEC) hearing recently rescheduled for February as “a positive step.” Cause for optimismThe letter, sent on Oct. 19, briefly reassures investors that the recent rescheduling of..

Bittrex International Halts Service in Venezuela and 30 More Countries

News Bittrex International, Malta-based international unit of United States’ crypto exchange Bittrex, will cease operations in Venezuela and 30 other countries. No clear reason for the actionIn an email to Venezuelan customers, Bittrex International announced that the exchange will halt account an..

NY District Court Postpones Telegram’s TON Hearing to 2020

News The United States District Court for the Southern District of New York has postponed the hearing regarding the Securities and Exchange Commission’s (SEC) injunction filing against Telegram Open Network (TON) and its Gram token to Feb. 18–19, 2020. As Cointelegraph reported recently, following..

Kik Messaging App Now Has New Owner, Will Continue Work on Kin Token

News MediaLab, a Santa Monica-based holding company, has finalized an agreement with Kik Interactive to acquire the Kik messaging platform. MediaLab sees the long-term potential of Kik and Kin tokenOn Oct. 18, in a blog post to the millions of members of the Kik community, MediaLab announced that ..

Dollar Deposits On Binance.US Now Have FDIC Insurance Coverage

News Binance.US — the United States-focused wing of major cryptocurrency exchange Binance — announced that its customer's dollar deposits are eligible for Federal Deposit Insurance Corporation (FDIC) insurance coverage. FDIC insures deposits up to $250,000In a blog post on Oct. 18, Binance.US..

Two More US Jurisdictions Launch Blockchain-Based Mobile Voting

News Two state counties in the United States are implementing blockchain-based mobile voting in the special elections in November. On Oct. 18, the nonprofit Tusk Philanthropies announced its partnership with Jackson and Umatilla Counties in Oregon to pilot the mobile elections platform Voatz. The ..

Poloniex Spins Out From Circle to Form New Exchange Not Available in US

News United States-based crypto exchange Poloniex is spinning out from Circle to form a new exchange that will not support trading for customers based in the U.S. New firm receives backing from Asian investment groupThe new independent firm, called Polo Digital Assets, will free Poloniex from its ..

TON’s ‘Force Majeure’ Clause — Is Telegram About to Refund Investors?

Analysis Telegram’s grand entry into the cryptocurrency world is in limbo. After months of rumors, hype and anticipation, Telegram Open Network’s (TON) titan $1.7 billion sales round was declared illegal by the United States Securities and Exchange Commission (SEC). Just days before the Oct. 16 pu..

US Senator Finds Negative Reactions to Facebook’s Libra ‘Puzzling’

News United States Senator Mike Rounds expresses his support for Facebook’s Libra coin in a letter sent to Libra Association member Anchorage Trust company. United States payment systems in its infancyOn Oct. 17, U.S. Senator Mike Rounds wrote to Nathan McCauley, president of crypto custodian comp..

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