The head of Facebook’s Calibra cryptocurrency wallet, David Marcus, met with the Senate Banking Committee today. He was adamant that the U.S. should absolutely be the world leader in setting standards for cryptocurrency. He insisted that Libra will comply with all U.S. regulations, and will not launch until all regulator’s concerns have been addressed. Even

When Libra was announced to the public, the crypto community let out a communal sigh of relief, and simultaneously an outcry of concern. When Facebook gets involved, you know that the product has real potential, but you also know that they want to control the outcome. Bitcoin purists maintain that it is of, by, and

The United States Commodity Futures Trading Commission (CFTC) is one of the regulatory bodies alongside the Securities and Exchange Commission (SEC) that is working on regulating the cryptocurrency sector. Calls from prominent figures such as JPMorgan CEO Jamie Dimon and Warren Buffet who believe Bitcoin does not have intrinsic value and is therefore ineffective have

Predictive analytics firm Endor has launched a blockchain-based tool that allows businesses and crypto holders to both and ask and answer questions about big data. Endor confirmed this news in a press release earlier today. Founded by two MIT researchers in 2014, Endor offers its own proprietary prediction solutions, and has been described as “Inventing

It seems the cryptocurrency community will have to continue waiting before our collective dream of having a Bitcoin ETF approved is achieved. The United States Securities and Exchange Commission (SEC) has denied a number of ETF proposals and postponed others over the years, and it made the same move again just a day or so

Chinese crypto mining behemoth and ASIC hardware maker Bitmain announced it will launch its new energy-efficient Antminer S17 series miners on April 9th. This news comes via a post on Bitmain’s blog earlier today. The new miners will be fitted with the company’s 7 nanometer ASIC mining chip, called the “BM1397,” which is made to

Based on job postings to Glassdoor and Indeed, it appears the New York Times is now considering entering the blockchain space. While the Glassdoor posting is expired, the Indeed post remains visible. It reads: “The New York Times is looking for a forward-looking leader who will help envision and design a blockchain-based proof of concept

Crypto.com Jumped Over 150% In a Day – Here’s Why Crypto.com (MCO) – now known as the Crypto.com Chain (CRO), is a high-performance blockchain solution that aims to drive global cryptocurrency adoption by facilitating fast, low-cost, and instant crypto payment transactions. The development of the Crypto.com Chain also includes the creation of the Crypto.com Chain

The United States Securities and Exchange Commission (SEC) has requested that a proposal for a crypto-based exchange traded fund (ETF) submitted Reality Shares ETF Trust be withdrawn. This news comes from a letter published on the sec.gov earlier today. In the letter, the SEC notes that the withdrawal comes “at the request of the Staff

While crypto continues to receive flak for not meaningfully increasing adoption, the jury is still out on whether this means crypto has found its bottom. However, everything depends on your viewpoint and whether you are an institutional investor, a private individual, or a day-trader who is somewhere in the middle – someone who knows there