Circle CEO Says Tokenized Fiat Currencies Are on the Horizon

[ad_1] Jeremy Allaire, the CEO of blockchain-based, crypto-inclusive money transfer company Circle, said that the firm has long held that major fiat currencies would eventually be tokenized.Significant digital currenciesIn an interview on Aug. 21 on the podcast Global Coin Research, Allaire said that Circle has thought for years that sovereign currencies would eventually be digitized. He stated:“When we got started with Circle back in 2013, I think our belief has

Cointelegraph Launches Korean HQ in Seoul, Expanding Presence in Asia

[ad_1] Cointelegraph is pleased to announce that we are continuing to increase our presence in Asia with the launch of Cointelegraph Korea. Today, Aug. 23, we celebrated the launch of a Korean-language version of Cointelegraph and the opening of our Korean headquarters in Seoul.To commemorate the move, Cointelegraph hosted an event in the city’s financial district, attended by over 150 guests from the finance and blockchain industries. Guests included representatives

Doing What You Want With Your Money Is a Fundamental Right

[ad_1] Since the birth of Bitcoin, crusaders fighting for the separation of money and state discovered a new payment tool that bypasses the nation state’s control over the monetary system. For over ten years now, lots of people have been using digital currencies to hide from prying eyes of governments in order to free themselves from a system that contributes to insanity. Also read: How to Create Non-Fungible Assets and

Blockchain Wallet Adds Support for Crypto Payments Processor BitPay

[ad_1] Crypto wallet service Blockchain Wallet has integrated cryptocurrency payment processor BitPay.Payments conducted through Blockchain WalletBlockchain announced the news on Aug. 23, stating that it now allows its users to copy or scan invoices, allowing them to make a Bitcoin (BTC) payment entirely through its wallet app. The new functionality reportedly allows users to purchase products and services available via BitPay’s online network while retaining ownership of their private keys through

House Financial Services Committee Will Continue Libra Review

[ad_1] Representative Maxine Waters, chair of the United States House of Representatives’ Financial Services Committee, says the committee will continue to review Facebook’s proposed cryptocurrency Libra and the corresponding digital wallet Calibra.A priority for autumn 2019Waters announced the committee’s priorities for fall 2019 on Aug. 23. According to the statement, the committee plans to receive the testimony and opinions from governmental officials and regulators. Specifically, Waters lists Treasury Secretary Mnuchin, Consumer

Bithumb Exchange to Launch Cryptocurrency Listing Committee

[ad_1] South Korean crypto exchange Bithumb will launch a new committee in September that will determine which cryptocurrencies can be traded on its platform.A monthly check by expertsSouth Korean news daily Yonhap News reported the formation of Bithumb’s new committee on Aug. 22. The committee, entitled the Listing Eligibility Deliberation Committee, will review the exchange’s listings once a month, per the report. The committee will reportedly take into consideration daily trading

Libra-Like Currency Could Replace US Dollar

[ad_1] Mark Carney, the Governor of the Bank of England, has suggested a transformation of the global financial system by replacing the United States dollar with a digital currency similar Facebook’s Libra.Delivering his speech at the U.S. Federal Reserve’s annual symposium in Jackson Hole, Wyoming, Carney said that a Libra-like digital currency could replace the U.S. dollar as the world’s reserve currency, Bloomberg reported on Aug. 23.Carney said that replacing

Research Suggests Tether Sentiment Could Provide Chance for Manipulation

[ad_1] New research from Augmento suggests a forward correlation between Tether sentiment, market capitalization and price, which could be manipulated or exploited to create arbitrage opportunities. It hypothesizes that Tether sentiment could therefore provide a signal for traders in a blog post published Aug. 22.Sentiment correlation with market capAugmento notes that Tether sentiment does not appear normal. Comparing positive and negative sentiment shows that negative sentiment dominates, with extreme spikes of

Australian Hacker Pleads Guilty to Stealing $450,000 in XRP Last Year

[ad_1] Australian citizen Katherine Nguyen has pleaded guilty to stealing $450,000 in XRP — over 100,000 tokens — in January 2018.Local news channel 7News Sydney reported the latest about the case on Aug. 23. According to the report, Nguyen hacked into the email account of a man with the same last name. She then proceeded to steal all of his XRP, before unlocking his account two days later.Police reportedly investigated