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Coinbase, the largest US cryptocurrency company, is negotiating the purchase of the Omni rental business p2p platform. This was reported by TechCrunch with reference to informed sources. Omni offers users the opportunity to rent various physical goods. Despite the $ 25 million raised last year from Ripple, the startup is currently going through difficult times and is forced to cut staff. In May, Omni sold […]

Algorand blockchain-oriented investment firm Algo Capital has lost several million dollars in USDT and ALGO tokens, reports CoinDesk. According to a source familiar with the situation, Algo Capital told partners that the attackers were able to access the mobile phone of technical director Pablo Yabo. As a result, the company lost funds in the amount of $ 1 million to $ 2 […]

PayPal, an electronic payment system operator, has officially confirmed its refusal to participate in the Libra digital currency project, which is being developed by the social network Facebook. A statement to withdraw from the Libra Association was distributed by PayPal on Friday, October 4. The company did not name the reasons for the refusal to participate in the project, noting only that it intends to continue to focus “on promoting the current mission […]

The development of stablecoins can provoke serious regulatory problems, said Randall Quarles, chairman of the Financial Stability Board (SPS). Speaking at @EBFeu # EBS2019 in Brussels FSB Chair Randal K. Quarles reviews the FSB's first 10 years & considers its future role in an evolving financial system https://t.co/kCqvM44KiG pic.twitter.com/UsUQwyDoY2 – The FSB ( @FinStbBoard) October 3, 2019 “At the moment […]

One of the contenders for the post of governor of the Odessa region, Ukraine, Maxim Kutsyi declared cryptocurrencies totaling about $ 4.2 million at the exchange rate at the time of writing. In the “Cash Assets” column, Kutsyi indicated 290 MTC (about $ 2.3 million) and 11,071 Ethereum (about $ 1.9 million). According to the local newspaper "Duma", the office of the President of Ukraine is preparing to approve the entrepreneur for the post […]

Indian cyber police have lost access to $ 1.2 million from the sale of confiscated bitcoins due to blocking accounts by the country's Reserve Bank (RBI). According to The Times of India, law enforcement officers in Pune last year seized 244 MTCs during an investigation into the cryptocurrency pyramid GainBitcoin. The police hired Discidium Internet to convert cryptocurrencies to rupees. Subsequently, law enforcement officers tried to translate […]

Armenian law enforcement authorities suspect a 22-year-old citizen of stealing $ 1,046,000 from the sale of equipment for cryptocurrency mining. In October last year, the suspect met with a potential buyer and offered him to purchase the Z9 mini ASIC miner, the News-Armenia news agency reported citing the Investigative Committee. Due to the lack of space for installing the equipment, the buyer agreed to temporarily leave the miner to the seller. Last […]

Representatives of the payment company PayPal did not attend a meeting with members of the Libra Association in Washington, where they discussed a strategy for cooperation with regulators amid fierce criticism of the project. PayPal on the verge of quitting Facebook's Libra project https://t.co/JJps99kJmt – Financial Times (@FT) October 3, 2019 According to the Financial Times, only PayPal was not present at the meeting, although it was previously reported, […]

Apple CEO Tim Cook explained why the company will not release its own digital currency. “I am convinced that currency and defense should remain in the hands of governments, this is their key mission. We elect representatives to fulfill these responsibilities, and no one elects the company, ”Cook said in an interview with Les Echos. Earlier, Apple Pay Vice President Jennifer Bailey noted that cryptocurrencies […]