If Facebook’s Libra project truly aims to serve the globe’s 1.7 billion unbanked, Hong Kong-based Bitspark might offer some insights. Source
This Tiny Crypto Startup Has Lessons for Libra’s ‘Unbanked’ Dreams
Category: Exchanges
PODCAST: ‘Let’s Talk Bitcoin!’ Hosts Discuss Libra, China and Cargo Cults
Every Sunday, CoinDesk plays host to deep, nuanced discussions about the complex issues we cover, with the cast of the Let’s Talk Bitcoin! podcast. Source
An Army of Bitcoin Devs Is Battle-Testing Upgrades to Privacy and Scaling
Almost 200 developers are reviewing bitcoin improvement proposals that could usher in enhanced privacy and scalability for the premier cryptocurrency. Source
Crypto Derivatives: A Corner of the Market or the Market Itself?
Emmanuel Goh, CEO of skew.com, looks at the evolution of the crypto derivatives market, and what that says about the market overall. Source
ConsenSys Strategy Chief Steps Down to Launch Venture Fund
ConsenSys CSO Sam Cassatt is stepping down to open a new venture fund focused on “evolutionary changes in human behavior.” Source
German Regulator Orders ‘KaratGold Coin’ Issuer to Cease Operations
Two more governments have taken action against entities in the Karatbars ecosystem over sales of a purportedly gold-backed cryptocurrency. Source
Criminal Case Against Failed WEX Crypto Exchange Points at Russian Law Enforcement
The formerly anonymous administrator of the cryptocurrency exchange WEX, which shut down last summer, has made some shocking claims about the fate of “hundreds of millions” of dollars of clients’ cryptocurrency in talks with Russian police. Russian citizen Alexei Bilyuchenko, who confessed to being the tech administrator of the infamous BTC-e exchange and later co-founder of WEX, had been questioned as part of a criminal investigation underway in Russia since late 2018, BBC News Russian reported Friday. The report was based on materials of the probe, obtained by the BBC and reportedly…
Stablecoin Crisis Could Wreck Global Finance, Fed Warns in New Report
The Fed warned that a stablecoin crisis could wreak havoc on the global economy and outlined the steps issuers must take to protect the status quo. Source
As Bitcoin Cash Hard Forks, Unknown Mining Pool Continues Old Chain
A rogue chain has developed following bitcoin cash’s planned hard fork and has yet to cease production. Source
Chainalysis Says BitForex Trading Volumes Could Be Fake
The BitForex exchange could be faking its bitcoin trading volume, according to a report by Philip Gradwell, chief economist at Chainalysis. Source
