Facebook’s Libra sparks concerns among European financial institutions

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Following Facebook’s unveiling of its stable cryptocurrency, not only did top crypto influencers criticize the plan, but some European officials immediately called for deep scrutiny of the project, as reported by Bloomberg. It must not become a “sovereign currency” Facebook finally revealed its highly anticipated cryptocurrency, “Libra.” With Libra, the social network giant aims to…

Bitmain Launches Low-Cost Special Edition Antminer S9

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On Monday, June 17, the Chinese mining rig manufacturer Bitmain Technologies announced the launch of a low-cost miner called the Antminer S9 version SE. The new 16 terahash per second (16TH/s) S9 SE is $350 per unit and the launch celebrates the company’s most popular product, the original S9. Also read: Report Insists ‘Bitcoin Was…

Ripple partners with second-largest money transfer service MoneyGram

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Ripple announced a partnership with MoneyGram, the second-largest money transfer service in the world. Under the agreement, Ripple would become MoneyGram’s partner for cross-border payments and foreign exchange settlement using xRapid, the company’s XRP-powered settlement service. An industry defining milestone: together, @MoneyGram and @Ripple are solving the challenges with cross-border payments using the speed and…

Bitcoin Cash Development Fund Receives Massive Support

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The Bitcoin Cash community has greatly advanced its efforts to support the sustainability of the cryptocurrency with a fundraiser whose contributions are donated to developers. The campaign has already reached the 95% milestone out of an initial goal of raising 800 BCH for the development fund by Aug. 1, 2019. Also Read: Crypto Cards in…

Tendermint Says Last Month’s Cosmos Vulnerability Exposed Security Loophole

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Tendermint, the firm behind the core technology of Cosmos, has released a full disclosure about a past vulnerability in the Cosmos SDK.

How to pay no taxes on your Bitcoin gains

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Taxes, in and of themselves, can be complex, and throwing your crypto gains on top of it makes things even more challenging. However, that doesn’t mean that there aren’t ways around paying taxes on your Bitcoin gains. Here are some practical tips we’ve discovered that allows you to pay no taxes on your cryptocurrency gains.…

Crypto Cards Expand and a Futuristic Promotion in the Weekly Update From Bitcoin.com

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Crypto debit cards supporting bitcoin cash expand their international reach and a platform offers shopping at Walmart using BCH. Watch these and other developments discussed in this week’s video update on Bitcoin.com’s Youtube channel, and get a chance to take part in a futuristic promotion. Also Read: What Makes Slovenia a Cryptocurrency Adoption Leader –…

Bitfinex begins LEO token buyback, maintains no wrongdoing in $850 million shortfall

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Cryptocurrency exchange Bitfinex announced the launch of a transparency initiative to coincide with the beginning of the burn mechanism of the company’s LEO token. Bitfinex’s parent company iFinex sold $1 billion in LEO tokens for USDT from private investors during a 10-day token sale in May 2019 to cover an $850 million loss from Crypto…