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Storj, a startup that holds decentralized tokens for storage, will be closing down its conversion program. According to an official blog post, this isn’t much to worry about. Rather, it’s just an older service that’s being shut down due to a lack of usage: “As you may know, before the STORJ token existed, there was…
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Satoshi Nakamoto, otherwise known as the elusive creator of Bitcoin, signed the whitepaper detailing this fantastic new technology 11 years ago today. Nakamoto created this technology due to the 2008 economic collapse, stating that blockchain could serve as some sort of alternative to the governments and fiat currencies in power. Since then, the asset has…
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German banks have called on the European Union to create a digital euro to challenge the threat of Facebook’s Libra and China’s Alipay. The Association of German Banks, which represents over 200 lenders, said a “crypto-based digital euro should be created”, linked to the current financial system. It added that European regulators should allow the…
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IBM, a big tech company and one of the earlier investors in blockchain technology, claims that big central banks will start issuing their own cryptocurrencies relatively soon. This news comes to us via a report put together by not only IBM but the Official Monetary and Financial Institutions Forum (OMFIF) as well. They note that…
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David Marcus, head of the Calibra cryptocurrency wallet behind Facebook’s Libra stablecoin, is at it again with the project that’s receiving its fair share of criticism from across the world. Speaking on the project recently, Marcus stated at the recent Money 20/20 USA conference in Las Vegas that Libra’s anti-money laundering (AML) technology is better…
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eToro is one of the largest and most popular multi-asset brokerage companies in the world. The firm focuses on social trading, free stock trading and crypto. In an exclusive interview with LearnBonds, the CEO of eToro Yoni Assia talked about the future of cryptocurrencies, and how central banks could start creating Central Bank Digital Currencies…
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Mark Zuckerberg, the man behind Facebook and its upcoming Libra stablecoin, is testifying in front of the United States House of Representatives tomorrow to speak on the cryptoasset. However, as many crypto publications have reported, the founder states that they’re making sure not to launch Libra until regulators are all behind it, and this could…
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Opera, a popular web browser for those with slower internet, just started integrating Bitcoin payments into its services. Shared via a press release to CoinTelegraph, the platform now has a built-in cryptocurrency wallet that supports Bitcoin specifically. This means they can both send and receive the world’s first cryptocurrency on top of use it for…
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A former associate of United States President Donald Trump, Stephen Moore, is launching his own stablecoin, reports Fortune. Interestingly, this stablecoin will see what is considered a fractional backing via the United States dollar, and will be called “Frax.” Speaking to the publication, Moore comments: “I’ve followed monetary policy for 30 years and always been…
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BitPay, the project that allows citizens to spend cryptocurrency in an accessible way, has announced that gift cards in the United Kingdom are now another purchasing option, reports Crowdfund Insider. The publication notes that these gift cards could be for anywhere including Pizza Express, Nike, Ticketmaster, or even Uber. BitPay’s blog post on the news…
