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US Senator Sherrod Brown: Facebook is delusional

US Senator Sherrod Brown: Facebook is delusional

“Mark Zuckerberg has said that Facebook is more like a government than a company. That’s delusional.” US Senator Sherrod Brown said in a video tweet.

Senate banking chair considers crypto prohibition

Senate banking chair considers crypto prohibition

Sherrod Brown, chairman of the U.S. Banking Committee, said a prohibition would be impossible because activity would migrate overseas. He requested a government-wide regulatory agency examination from the Treasury and Secretary. Patrick McHenry, the new chairman of the House Committee on Financial Services, supports crypto.

Senator Sherrod Brown Urges US Financial Regulator to Keep Out Cryptocurrency Firms Out of Banking Industry

Senator Sherrod Brown Urges US Financial Regulator to Keep Out Cryptocurrency Firms Out of Banking Industry

US Senator Sherrod Brown is concerned by recent approvals of federal trust charters awarded to crypto firms.

US Senator Challenges Apple and Google about Fraudulent Crypto Apps

US Senator Challenges Apple and Google about Fraudulent Crypto Apps

Cryptocurrency scams remain a serious problem. U.S. Senator. Sherrod Brown requests app store operators, including Apple and Google, to crack down on the problem.

Circle Formally Refutes Allegations of Illicit Financing and Connections to Justin Sun

Circle Formally Refutes Allegations of Illicit Financing and Connections to Justin Sun

Circle denies CfA's allegations of illicit financing and Justin Sun ties, emphasizing regulatory compliance and advocating for stronger stablecoin laws, as clarified by Dante Disparte.

Facebook’s Libra Likened to 2008 Subprime Mortgage Fiasco

Facebook’s Libra Likened to 2008 Subprime Mortgage Fiasco

Senator Brown compared Facebook's Libra to the subprime mortgage scenario. His sentiments show the divided debate facing the Libra project.

Jack Daniel’s Parent Company Brown-Forman Targeted for Ransomware by Notorious REvil

Jack Daniel’s Parent Company Brown-Forman Targeted for Ransomware by Notorious REvil

Brown-Forman, Jack Daniel’s parent company and a giant powerhouse in the alcoholic industry, recently suffered a ransomware data breach originating from REvil.

Will Facebook Ever Be Able to Launch Libra?

Will Facebook Ever Be Able to Launch Libra?

In recent speculation, Facebook has acknowledged that there are several regulatory issues that are preventing the progress of launching Libra globally.

Permissionless Blockchains fit the Business World's Needs

Permissionless Blockchains fit the Business World's Needs

R3 CTO Richard Brown recently published an interesting article. Among other issues, the story states explicitly permissionless blockchains have probabilistic confirmation of transactions. We want to clarify several parts of this problematic statement by describing how Concordium solves some of the challenges for Permissionless Blockchains.

What are the 7 Key Takeaways from Facebook's Libra Hearings?

What are the 7 Key Takeaways from Facebook's Libra Hearings?

The debate on Facebook's Libra continues with the hearing with Senate Banking Committee on 16 July and the United States House Committee of Financial Services on 17 July. Here are the 7 key takeaways from the two hearings.

“VISION 20/21” – Finding Clarity in Uncertainty at Business of Design Week (BODW) 2020

“VISION 20/21” – Finding Clarity in Uncertainty at Business of Design Week (BODW) 2020

The change and uncertainty of 2020 has shown how vulnerable we all are. However, as we look forward to 2021 and beyond, we have the power to change how we view these times, find fresh impetus and imagine new possibilities based on our real needs and what truly matters.

Crypto Fund Managers Infuriated with UK Watchdog's Recent Ban on Crypto Derivatives

Crypto Fund Managers Infuriated with UK Watchdog's Recent Ban on Crypto Derivatives

Crypto fund managers have released an angry response to the UK financial regulator's recent ban on the sales of crypto derivatives to retail consumers.

Freewallet.Org Features for Crypto Newbies and Skilled Users

Freewallet.Org Features for Crypto Newbies and Skilled Users

Freewallet is a fintech company that has been a part of the crypto scene since 2016. It provides 3M users with apps for mobile devices and a web version of a wallet for 100+ cryptocurrencies. There are also standalone wallets for 30+ coins, such as BTC, ETH, XMR and more. The company produces simple and cost-effective payment tools with the aim of making crypto more available to everyone.

Business of Design Week 2020 Summit Concludes First Hybrid Live Edition Captures Trends Redefined by World’s Top Creative Minds for the Post-pandemic Era

Business of Design Week 2020 Summit Concludes First Hybrid Live Edition Captures Trends Redefined by World’s Top Creative Minds for the Post-pandemic Era

Business of Design Week (BODW), Asia’s annual flagship event on design, innovation and brands held its 2020 edition from 30 November to 5 December.

TON Developers Threaten to Go Rogue and Launch Network as Telegram Battles SEC Lawsuit

TON Developers Threaten to Go Rogue and Launch Network as Telegram Battles SEC Lawsuit

While the US Securities and Exchange Commission (SEC) may have temporarily succeeded in stopping the launch of Telegram’s TON network, can they really stop open-source technology?

Google Privacy Lawsuit: Google Chrome Incognito Records and Shares Private User Data

Google Privacy Lawsuit: Google Chrome Incognito Records and Shares Private User Data

Google is being sued in a class-action lawsuit, filed on June 2, for the invasion of privacy and sharing users' data, even when they are browsing in private mode.

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