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Huobi COO Reportedly Under Investigation, with $400M Sent to Crypto Exchange

Huobi COO Reportedly Under Investigation, with $400M Sent to Crypto Exchange

According to Chinese Media, crypto exchange Huobi Chief Operating Officer (COO) Robin Zhu was under investigation by the Chinese police.

Singapore State Investor Temasek Joins Libra Association, Facebook’s Global Digital Currency Project

Singapore State Investor Temasek Joins Libra Association, Facebook’s Global Digital Currency Project

Singapore’s state investor, Temasek Holdings has officially been named a member of the Facebook-backed digital currency project Libra. Temasek as a portfolio value of 313 billion Singapore dollars (roughly $219 billion), making it one of the more prominent backers of Libra. The Libra Association, an independent group based in Switzerland has also welcomed crypto investor Paradigm and Slow Ventures, a private equity firm.

Trump Signs TikTok Executive Order and Seeks to Clean the Free World's Networks of China State Tech Espionage

Trump Signs TikTok Executive Order and Seeks to Clean the Free World's Networks of China State Tech Espionage

United States President Trump has issued two executive orders against Chinese social media apps TikTok and WeChat, which are suspected of sharing US citizens’ data with the Chinese Communist Party.

Reebonz Tracks Provenance of its Luxury Products Using a Vechain-Powered Digital Certificate

Reebonz Tracks Provenance of its Luxury Products Using a Vechain-Powered Digital Certificate

Reebonz, the biggest luxury e-commerce company in Asia Pacific and Southeast Asia, has incorporated blockchain technology into its ecosystem to determine the provenance of its products.

KPMG Study Confirms US Consumers Are Ready to Use Blockchain Digital Tokens

KPMG Study Confirms US Consumers Are Ready to Use Blockchain Digital Tokens

Data don’t lie. New research from KPMG investigated how consumers feel about the application of blockchain digital tokens. It turned out that consumers believe that the blockchain-baked tokenization could significantly transform the way businesses interact with the public. But it emerged that most businesses have not embraced the new technology. Now, you can guess the implications.

What Global Regulators Think of Libra: The Asia Pacific Edition

What Global Regulators Think of Libra: The Asia Pacific Edition

Libra, the new cryptocurrency by social media giant Facebook, has generated controversy with lawmakers and regulators globally since its announcement in June of this year. Concerns were mostly revolved around the stablecoin potentially disrupting the global financial system. The scrutiny towards Facebook aims at the fear that the new digital currency could possibly take power away from the governments.

Facebook Moving Further Away From Libra, But Considering its Own Digital Token System

Facebook Moving Further Away From Libra, But Considering its Own Digital Token System

Facebook is now considering developing a system of digital tokens, pegged to different government-issued currencies including the US dollar and the euro. The new plan will still include Libra, although Libra Association, separately, will continue its work on the stablecoin pegged to a basket of global currencies.

Zuckerberg's Hearings with Congress and What the US Regulators Really Think

Zuckerberg's Hearings with Congress and What the US Regulators Really Think

It has been more than three months since Facebook announced plans to launch its digital currency, Libra in June 2020; however, the social media giant has met with regulatory and political skepticism globally.

Coinbase CEO Avoids Mainstream Media, Prefers YouTube, Podcasts and Blogs

Coinbase CEO Avoids Mainstream Media, Prefers YouTube, Podcasts and Blogs

Brian Armstrong the Coinbase CEO, has joined the list of cryptocurrency executives who prefer to leverage their own blogs and platforms to distribute information to the media, as opposed to direct contact with any journalists.

Binance Invests Heavily in Chinese Crypto Media Firm

Binance Invests Heavily in Chinese Crypto Media Firm

According to a Bloomberg report, Binance has debuted an investment in China With a crypto Media and data sourcing company, Mars Finance.

Facebook Calibra Digital Wallet Gets a New Name – Novi

Facebook Calibra Digital Wallet Gets a New Name – Novi

Facebook has renamed its digital wallet, Calibra, as Novi. Calibra was the digital wallet that the social media giant has been building to access Libra digital currencies. In a blog post, the company explained that the new name was inspired by the Latin words “novus” and “via,” meaning “new” and “way.” The digital wallet company, a subsidiary under Facebook will now be named Novi Financial. As previously reported by Blockchain.News, Libra has abandoned its original plan of a widely accessible permissionless digital currency aimed to solve financial inclusion issues, due to ongoing regulatory backlash.

Charles Hoskinson Proposes Solution to Fix Twitter’s Problem, Taking Digital Identity to the Blockchain Age

Charles Hoskinson Proposes Solution to Fix Twitter’s Problem, Taking Digital Identity to the Blockchain Age

With the recent Twitter hack, implicating individuals including Elon Musk, Bill Gates, Joe Biden, and a few others, Cardano founder Charles Hoskinson spoke about the issue in his most recent Whiteboard video.

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