Author: BlockchainJournal

Mark Carney, the head of the Central Bank of England, believes that the Libra cryptocurrency project, which Facebook is developing, can have incredible application scenarios – for this it is only necessary to meet the requirements of regulators. In the framework of the Portuguese conference, which gathered the heads of the Central Bank, Mark Carney, the representative of the Bank of England, commented on the crypto-project Libra from Facebook. Carney said that in pursuing the goal of maintaining financial stability, the Central Bank of England, together with the G7 countries, intend to closely monitor the development of Libra. At the…

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Russia will not legitimize the Libra cryptocurrency, which plans to put into circulation the social network Facebook. This was stated by the head of the State Duma Committee on the Financial Market, Anatoly Aksakov. In particular, the deputy said: “With regard to the use of Facebook cryptocurrency as a payment instrument in Russia at this stage, my opinion is that in our country it will be banned.” Aksakov believes that in Russia there are no plans to legally use "cryptotools created in the framework of open platforms, blockchains, " since this could threaten the state financial system. According to him,…

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The US Commodity Futures Trading Commission (CFTC) sued the British cryptocurrency and investment company Control-Finance Limited, as well as its founder Benjamin Reynolds, with charges of creating a financial pyramid. It is reported by CoinDesk. In particular, the company and its founder are accused of misappropriating 22,858 BTC worth at least $ 147 million from more […]

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The bill on digital financial assets (CFA) may be adopted by the State Duma of the Russian Federation in the second reading in the next two weeks. This was stated by the deputy head of the Ministry of Finance Alexei Moiseev. “Now we are looking at the text [of the bill on digital financial assets] and within two weeks, I hope, we will come out for adoption in the second reading ,” he said. According to Moiseyev, the regulation of the ICO was approved within the framework of this concept. “Accordingly, there will be two laws: the crowdfunding law, including…

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Representatives of the Litecoin Foundation reported on cooperation with the Bibox exchange and Ternio, in which the debit card called BlockCard will be presented. A publication from the Litecoin Foundation says that with the help of a new debit card, users will be able to spend their crypto funds online or in any outlets in the world where credit cards are accepted. BlockCard cardholders will get access to such cryptocurrencies as Bitcoin, Bitcoin Cash, Litecoin, Ethereum, Stellar, Ternio, Bibox Token. Bibox will act as a custodial service of user funds. Initially, only residents of the United States will be able…

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Coinbase Security and Google security researcher Samuel Gross discovered a vulnerability in Mozilla Firefox browser that could manipulate Javascript objects. It has already been used to attack users of cryptocurrency. This is reported on Medium. The zero-day vulnerability received a CVE-2019-11707 identifier, and in Firefox, the bug was assigned a critical or highest threat level. "Critical vulnerability – it can be used […]

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Strengthening the position of Bitcoin creates the conditions for the emergence of more aggressive forecasts regarding the future dynamics of the movement of the coin. Back in January, one of the analysts who wished to remain anonymous, successfully predicted the trajectory of Bitcoin from April to July. He said that BTC would first overcome the $ 5,300 mark, and by the middle of summer it would trade at $ 9,200 and was right. In addition, the analyst predicted a cryptocurrency breakthrough to $ 16,000 by October 2019 and announced the continuation of a positive trend throughout the whole next year.…

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Bitcoin bull Tom Lee believes that the flagship cryptocurrency is close to the FOMO rally, with the result that the value of the coin can rise to $ 40,000 over the next few months. Tom Lee, head of Fundstrat Global Advisors, noted that the Bitcoin cryptocurrency rate is close to $ 10,000, which could serve as a trigger for the FOMO. Lee refers to the events that occurred at the end of 2017, when the price of BTC, approaching the level of $ 10,000, increased in two days to $ 20,000. On Monday, the BTC rate overcame the $ 9,000…

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Developer Justin Drake (Justin Drake), according to Trustnodes , called the date of transition of the Ethereum network to the second version of the protocol and the introduction of the consensus mechanism Proof of Stake (PoS). According to him, Ethereum 2.0 will become a reality in seven months – January 3, 2020, exactly 11 years after the extraction of the genesis-block of Bitcoin . Drake also said that the developers of Ethereum for less than two weeks – until June 30 – should finalize and approve the specifications of the zero phase. Before generating the genesis block, they will have…

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