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Tether Says Will Not Block Tornado Cash until it is Directed by Authorities
Tether has affirmed it will not be blockchain addresses linked to Tornado Cash unless explicitly asked to do so by the government.
‘Big Four’ Tech Amazon, Google, Apple & Facebook Grilled During US Antitrust Hearing
In an antitrust hearing with the Judiciary Committee of US Congress, the CEOs of Amazon, Apple, Facebook and Google testified, as a continuation of an unfinished legal conversation with lawmakers.
Facebook Launches Fintech Product Group F2 to Run Payments Across All its Apps
Facebook has expanded its fintech horizons and announced the launch of a new product group dedicated to payments purposes.
Will Facebook Ever Be Able to Launch Libra?
In recent speculation, Facebook has acknowledged that there are several regulatory issues that are preventing the progress of launching Libra globally.
Digital Currency Group Lands $600M Debt Funding
Grayscale Investments’ parent company Digital Currency Group (DCG) said it has secured a $600 million credit funding, billed to power its many diverse operations.
US Treasury Fines Bittrex Exchange $29m for Multi-Year Sanctions Violation
The United States Treasury Department through the Office of Foreign Assets Control (OFAC) and the Financial Crimes Enforcement Network (FinCEN) has fined Bittrex $29 million due to failure to prevent individuals in sanctioned jurisdictions from using its platform.
What is Bitcoin Ordinals?
Bitcoin Ordinals, introduced in January 2023 by Casey Rodarmor, are a way to inscribe digital content on the Bitcoin blockchain.
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.
Mastercard Still Betting on Blockchain Despite Pulling Out from Facebook’s Libra
Mastercard recently pulled out of the Libra Association, along with Visa and PayPal, however, it has been reported that the payment processor is not giving up on blockchain.
Gemini's Winklevoss Twins Willing to Dive into Facebook's Libra Project
Winklevoss twins, the Gemini Founders have made a revelation about a possible partnership with Facebook on the Libra Project.
Volkswagen's Skoda DigiLab Collaborates with Microsoft for Blockchain-Based Business Solutions
Skoda DigiLab, an innovation hub, has partnered with Microsoft and Lumos Labs for innovative blockchain-based solutions in the business arena.
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.