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Facebook's Libra digital currency is vulnerable to economic shocks, writes Bloomberg, citing analysts at banking holding JPMorgan. According to them, she will not be able to provide the level of security that existing payment systems offer. First of all, we are talking about a bottleneck problem – when network bandwidth is limited, and the activity of participants does not stop growing. At JPMorgan […]

The blockchain division of the Japanese corporation Line, which owns the eponymous messenger, received a license from a local regulator to launch a cryptocurrency exchange. This is reported by the Cointelegraph. The BitMax platform will allow 80 million Japanese Line users to trade Bitcoin, Ethereum, Bitcoin Cash, Litecoin and XRP. According to the company, more than 187 million people worldwide use the Line instant messenger every month, and its […]

The digital currency from the People’s Bank of China will appear in WeChat and Alipay payment systems. You can use it without the Internet. This was reported by Reuters with reference to the deputy head of the payment unit of the People’s Bank of China (NBK) Mu Changchun. Development should protect the country's monetary sovereignty and renminbi status and partially replace paper money. Some mechanisms will […]

The indicator for the “BTC” request in Google grew from 2 points to 100, while the “Bitcoin” request remained the same – 8 points. According to one version, users searched for the Bahamas Telecommunications Company (BTC), the interest in which is due to Dorian. According to Forbes, the reason is attempts to manipulate the price of bitcoin. “There are algorithms programmed to find correlations between a number […]

The largest manufacturer of miners Bitmain introduced two new products – Antminer S17e and Antminer T17e. Sales will start on September 9th. Introducing the new # AntminerS17e & # AntminerT17e, 2 new miners that offer the best value for mining. The S17e has a 64 TH / s hash rate and 45 J / TH power efficiency, while the T17e has a 53 TH / s hash […]

Mark Mobius, a well-known investor in emerging markets and founder of Mobius Capital Partners, expressed fears regarding blockchain technology in a conversation with CNBC and said that the cryptocurrency provided with gold would be “quite interesting”. Mobius considers blockchain a “risky" technology because of the conviction of many that it is completely safe: "People say:" Blockchain cannot be hacked. " No, you can. Everything created by man can be […]

Russian Sberbank made its first deal with Singapore-based company Trafigura using blockchain technology. This was announced by the First Deputy Chairman of the Board of Sberbank Alexander Vedyakhin in the framework of the Eastern Economic Forum. “We made the first transaction through the blockchain with Trafigura, the leader of the international commodity market, and we plan to develop this technology in the future,” Vedyakhin said in a conversation with […]

The Vostok project is developing an international logistics blockchain platform for the efficient transportation of goods, for the development of which a consortium of key players in the logistics market will be created. The company representative told CNews about this. It is expected that the new Vostok Trade platform will automate workflow, ensure verification and immutability of data, increase the level of traceability of goods and the reliability of data on delivery conditions. In addition, the creation of […]

There is no limit to the ingenuity of online scammers. So, a study of ZenGo cryptocurrency wallet developers showed that four out of five results in a Google search for “bitcoin qr generator” lead to sites created by scammers, Cointelegraph writes. The company came to the appropriate conclusions in the process of finding a solution that would allow it to implement support for QR codes in its wallet. “These sites generate a QR code that […]

The leading US cryptocurrency exchange Coinbase and Ripple are no longer in the top 10 US startups according to the LinkedIn service, an updated list of which was published on the website of this social network. So, now Coinbase and Ripple occupy the 29th and 28th places of the rating, respectively. Last year, bitcoin exchange was third on the list, and the issuer of digital currency XRP – […]