Facebook’s ‘Silicon Valley Coin’ Is A Leap Towards Surveillance Capitalism

The full list of partners working with Facebook to host its new crypto stablecoin has gone public – and already sparked fears of mass data collection. Facebook Crypto Nets Giants Of User Data Published by cryptocurrency news outlet The Block June 14, the partners for the project variously dubbed ‘Libra’ and ‘Facebook Coin’ make for […]

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South Korea’s Biggest Bank U-Turns on Crypto With Custody Service

South Korea’s largest bank by assets, KB Kookmin, has partnered with a cryptocurrency startup to develop custody solutions. South Korea’s Kookmin U-Turns on Crypto Reported by local media outlet Business Korea June 11, Kookmin will now work with local company Atomrigs Lab, which is active in digital asset protection. The move marks a decisive change […]

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Diamond-Backed StableCoin CEO Talks Blockchain For Storing Value

Bitcoinist spoke with Jeremy Dahan, founder and CEO of diamDexx, a diamond-backed stablecoin that promises to make cryptocurrencies more practical for everyday use. In the decade since the 2008 financial crisis, the monetary system has changed tremendously. Once unshakable pillars of the industry no longer exist, and new financial instruments, like digital currencies, have become […]

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My New Business Will ‘Make Japan Blockchain Leader’

The former CEO of defunct cryptocurrency exchange Mt. Gox, Mark Karpeles, wants to start a new Blockchain business in Japan. Karpeles’ Blockchain Gift To Japan Those were the plans Karpeles reportedly told the press in comments June 5, as he appeals a conviction for data manipulation as part of the Mt. Gox legal proceedings. While […]

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Bitcoin-Skeptic Warren Buffett to Host $4.37M Lunch With Tron Founder

On Monday Tron Founder Justin Sun excitedly tweeted that he had won an auction to have lunch with legendary investor Warren Buffett. Will Sun shill Buffett on the merits of Tron and BitTorrent?  Will the Oracle of Omaha Drink the Kool-Aid? On Monday Tron founder Justin Sun revealed that he had secured a lunch with […]

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Big Banks Announce Fiat-Pegged ‘XRP Killer’ Crypto For Settlements

Banking giants in the U.S., Japan, and across Europe have created a consortium that will use cryptocurrency technology in cross-border transfers. The move also presents a direct competitor for Ripple’s XRP token.   Settlement ‘Crypto’ Coins for International Remittance According to the Nikkei Asian Review, large banking corporations in Japan like MUFG and Sumitomo have led […]

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‘VPN is a Necessity’ – Binance DEX Will Not GeoBlock Anyone, Says CZ

Following some confusion over whether the Binance DEX operates a geoblocking policy, CZ clarified that, as a blockchain, “it can’t.” Ain’t Nobody Got Time To Read That The uncertainty arose over a pop-up which appeared when accessing the Binance website a number of countries, including the US. Maybe it was the long list of countries […]

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‘Non-Crypto Public’ is Now Getting Into Bitcoin

Institutional demand for crypto assets is decisively starting to affect the crypto space. Bitcoin remains the “bellwether” of the industry, while data showing that the crypto market has already bottomed out is becoming more explicit, according to Binance Research. Institutional Appetite For Crypto Is Skyrocketing The crypto industry will continue to gain momentum over 2019, […]

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