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Libra Faces Competition as Celo Foundation Hands Out First Grants Expanding the Use of its Platform

Libra Faces Competition as Celo Foundation Hands Out First Grants Expanding the Use of its Platform

Libra has been facing some competition as the Celo Foundation has awarded its first grants of $700,000 in total to 13 projects that expand the use of its platform.

"I Knew Owning Bitcoin Was a Bad Idea," Claims Peter Schiff After Losing Access to His Bitcoin Wallet

"I Knew Owning Bitcoin Was a Bad Idea," Claims Peter Schiff After Losing Access to His Bitcoin Wallet

"I knew to own Bitcoin was a bad idea, I just never realized it was this bad!" exclaims Peter Schiff, after losing access to his bitcoin wallet and his password being invalidated. The crypto – the community has offered help, but it would seem the BTC has been lost for good.

China’s WeBank Makes its First Move to Take its Blockchain Global, Partnering with Singapore's OpenNodes

China’s WeBank Makes its First Move to Take its Blockchain Global, Partnering with Singapore's OpenNodes

China’s top digital bank WeBank has announced its partnership with Singaporean government-backed OpenNodes. This partnership will allow China’s FISCO BCOS blockchain platform to be brought to Singaporean academics for innovation and new initiatives. FISCO BCOS was deemed to be China’s version of Hyperledger Fabric when it was launched in 2018. The Financial Blockchain Shenzhen Consortium (FISCO) is backed by more than 100 Chinese organizations, including Huawei, Tencent, JD Finance, and WeBank, which is partly backed by Tencent. Developed by FISCO, the enterprise blockchain protocol was the first blockchain to be supported by China’s Blockchain Service Network.

US Congress Planned Hearings on GameStop Market Conditions Shows Value of Bitcoin

US Congress Planned Hearings on GameStop Market Conditions Shows Value of Bitcoin

The US House Financial Services and Senate Banking Committee has announced that it will hold hearings on the chaos surrounding GameStop stocks.

United States Congress Agree on $900 Billion Stimulus Bill, What it Means for Bitcoin

United States Congress Agree on $900 Billion Stimulus Bill, What it Means for Bitcoin

United States Congress has reached an agreement on a proposed $900 billion pandemic stimulus package and will vote shortly, what will this mean for Bitcoin and crypto?

Why is Nigeria Africa’s Biggest Crypto Hotspot Even Though it Doesn't Even Have a Bitcoin ATM?

Why is Nigeria Africa’s Biggest Crypto Hotspot Even Though it Doesn't Even Have a Bitcoin ATM?

Nigeria is the biggest crypto market in Africa, but based on official records it does not have a functional Bitcoin ATM. WeeTracker reported on Jan 27 that this trend is noted in Nigeria despite it backing the first stablecoin project in the continent using its currency the Naira.

Avo Receives First Virtual General Insurer License in Hong Kong

Avo Receives First Virtual General Insurer License in Hong Kong

Hong Kong’s Insurance Authority (IA) announced on Tuesday that it has granted the first authorization for virtual general insurance under Fast Track. The license was granted to Avo, a local insurtech company providing products like health and travel insurance.

Congress Members “Express Concern” Over Treasury’s Potential Crypto Wallet Regulations

Congress Members “Express Concern” Over Treasury’s Potential Crypto Wallet Regulations

Four members of Congress have expressed concerns in a letter to the US Treasury Secretary Steven Mnuchin, over their rumored self-hosted crypto wallet regulation ban.

Floyd Mayweather Promoted 2017 ICO Was a Fraud, Co-Founder Pleads Guilty

Floyd Mayweather Promoted 2017 ICO Was a Fraud, Co-Founder Pleads Guilty

The $25 million 2017 Centra Tech ICO court case has finally resulted in a verdict against one of the co-founders who pleaded guilty to fraud yesterday. The other founders are still awaiting trial.

CFTC Committee to Hold Virtual Meeting on Digital Currencies and Blockchain

CFTC Committee to Hold Virtual Meeting on Digital Currencies and Blockchain

The CFTC has scheduled a virtual meeting for Thursday, July 16th where its Technical Advisory Committee will discuss matters around on cryptocurrencies and DLT.

First Private Bank Joins Turkish Digital Asset Blockchain Network

First Private Bank Joins Turkish Digital Asset Blockchain Network

Garanti BBVA, the second-largest private bank in Turkey with $104 billion of consolidated assets has confirmed that it will be the first and only private bank joining the Turkish Digital Asset Blockchain Network.

Open Banking & Banking Digital Transformation Congress will be held in August in Shanghai

Open Banking & Banking Digital Transformation Congress will be held in August in Shanghai

Open Banking&Banking Digital Transformation Congress 2020 will be held on September 24-25 in Shanghai with a focus on digital transformation and open ecosystem construction of large state-owned banks, joint-stock banks, urban commercial bank, and foreign bank, etc. The congress will mainly discuss how iABCD empower retail, micro and corporate finance from perspectives of policy transmission, ecological construction, cultural innovation, business model innovation, product innovation, risk management, marketing, and the user experience, etc.

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