Facebook’s Libra Rebranding Faces Lawsuit from UK-Based Diem

They took the view that “we can just crush them, we’re Facebook,” said the co-founder of Diem. Facebook earlier changed the name of its yet to be launched stablecoin to Diem, changed the name of the Libra association to Diem Association, and also changed the name of its wallet to Novi wallet. Hoping that the coin that was previously known as Libra would be launched next year under the newly chosen name, a startup that bears the name Diem has threatened a lawsuit on Facebook. Geri Cupi, the CEO of…

Pfizer (PFE) Vaccine Now Administered in UK, First Person Gets Vaccine Outside Trial

While the Pfizer (PFE) vaccine is the first of the vaccines expected to get regulatory approval this year, its distribution may be limited considering its extremely low storage and distribution temperature of minus 70 degrees Celsius and below. The BNT162b2 vaccine, jointly developed by the duo of Pfizer Inc (NYSE: PFE) and BioNTech SE (NASDAQ: BNTX) is now being administered in the United Kingdom. According to a Reuters report, the vaccine rollout and administration comes following the Emergency Use Authorization (EUA) granted by the UK’s Medicines and Healthcare products Regulatory…

EMERGENCY UPDATE!!! BITCOIN Reversal to $20K?!! ⚠️Crypto TA Today/ BTC Cryptocurrency Price News Now

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Huobi’s HUSD Stablecoin to Run on Nervos Blockchain

Public blockchain Nervos has been trying to become China’s answer to Ethereum, especially when it comes to the decentralized finance (DeFi) sector. Soon it will finally have a key element in that quest: the blockchains’ first dollar-pegged stablecoin, HUSD, issued by Huobi-backed Stable Universal Limited. This is also the first blockchain outside of Ethereum to support HUSD. Seychelles-based Huobi is one of the “Big Three” exchanges popular among Chinese users, along with Binance and OKEx. Once the integration of HUSD on the Nervos blockchain is complete, users of Nervos will…

17.5 Billion XRP Set to Receive Flare Airdrop As Growing Number of Crypto Exchanges Confirm Support

More than 81,500 XRP-holding accounts have been set up to receive a total of 17.5 billion tokens from the Ripple-backed Flare Networks’ upcoming airdrop. Crypto investors who register their XRP in an eligible account will receive free Spark tokens in a 1:1 ratio when Flare holds the “snapshot” day on December 12th. Recipients will retain ownership of their XRP holdings while receiving the new tokens. ⚡️#SPARK ⚡️ 🔜[5 DAYS #SPARK SNAPSHOT] 🧨UPDATE 🧨 ~ 81.564 accounts set up the claim for the #SPARK token~ 17.5 Billion #XRP balance 👏👏 421…

KABN Network Launches Tools To Verify Digital Healthcare Credentials

The KABN Network will be joined by other industry-leading partners who will leverage their core services to contribute to the initiative. KABN Network, a Canadian fintech company that prides itself on creating the proper infrastructure for verifying, managing, and monetizing online identity, has unveiled the formation of a consortium of industry leaders to develop a new system for verifying digital healthcare credentials in order for businesses to securely verify COVID-19 immunization records of customers. According to the press release shared with Coinspeaker, the healthcare credential verification capabilities are expected to…

Gap between CoinMarketCap and CoinGecko Is Decreasing

CoinGecko was reported to have approximately 20.6 million monthly desktop and mobile visitors while CoinMarketCap reported a figure of 29 million. As Bitcoin and the greater altcoin market experience a heightened level of volatility, more crypto fanatics remain glued to different analytics provider platforms including CoinGecko and CoinMarketCap. For years, CoinMarketCap has remained unchallenged in the sector but a new report suggests otherwise. According to a recent report by news outlet The Ken, the gap between CoinMarketCap and CoinGecko has significantly shrunk despite the former remaining the king. Notably, CoinGecko…

Bitcoin price ‘bearish alert’ as 140K BTC from Mt. Gox may move for the first time

Bitcoin (BTC) may see a fresh “bearish signal” in the coming days as the Mt. Gox saga enters its final and possibly expensive phase. As noted by on-chain analytics resource CryptoQuant on Dec. 8, defunct exchange Mt. Gox’s payout deadline is just one week away. Mt. Gox rehabilitation deadline looms After multiple delays, creditors of Mt. Gox who lost money in its implosion in 2014 are set to know when they will receive BTC on Dec. 15 — and the temptation to sell for profit may prove to be too…

MicroStrategy Stock Falls in Pre-Market Despite Plans to Raise More Funds for Bitcoin Purchase

MicroStrategy is significantly outpacing some crypto-based hedge funds with its Bitcoin (BTC) portfolio since it unveiled its plans to pump its excess liquidity into several assets with a primary focus on Bitcoin.  The shares of American business intelligence, mobile software, and cloud-based services company MicroStrategy Incorporated (NASDAQ: MSTR) dropped in the pre-market today despite plans by the company to raise funds for more Bitcoin (BTC) purchase. According to a press release issued by the company, the announcement has been issued for a proposed private offering of $400 Million of Convertible…