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On July 17, the Financial Services Committee of the US House of Representatives will hold a meeting on the Libra digital currency. It is reported by The Hill, with reference to the head of the committee, Maxim Waters. It is noteworthy that among US lawmakers, it was Waters who became the most active public critic of the Facebook initiative and a number of large companies that formed the Libra Association in Geneva, Switzerland. In particular, she […]

After the announcement of the launch of Libra and the publication of the white paper of Facebook’s digital currency, the volume of search queries for the word 'bitcoin' has significantly increased. As you can see, shortly after June 18, the HYIP around Libra began to decline. However, the volume of Bitcoin-related searches continued to grow, reaching values of the end of May. Thus, it is possible that the new initiative led many to recall the […]

The scammers created a website that, at first glance, is indistinguishable from the official page of the Calibra wallet of the largest social network Facebook, reports The Next Web. Using Unicode, Calìbra.com was created. It is extremely difficult to distinguish it from the present with the naked eye, since the difference is only in one symbol: Another distinctive detail is that in the right corner of the fake website there is an invitation to participate in […]

Patrick McDonnell, the creator of the financial pyramid of Coin Drop Markets (CDM) who deceived gullible investors by almost $ 200,000, pleaded guilty in a court in the Eastern District of New York, after which he could be sentenced to 20 years in prison. In a class action lawsuit of ten affected clients, it is said that McDonnell’s total amount of fraud was misappropriating at least $ 194,000 in Fiat, and […]

Brad Garlinghouse, head of California-based Fintech startup Ripple, announced a record influx of new customers amid the recent Facebook announcement about the launch of its own digital currency. It is reported by Fortune. So, he noted that the Libra coin launch announcement prompted financial institutions to consider using xCurrent software for bank payments and XRP token for cross-border transfers. He is convinced that […]