Major Chinese Financial News Provider Quietly Adds Crypto Index

Sina Finance, a finance-focused website owned by China’s major tech company Sina Corp, has added crypto index into its mobile app, China-focused online Twitter resource Cnledger reported on July 3. The new index on China’s major financial news channel provides data on prices and performance of major cryptocurrencies such as bitcoin (BTC), bitcoin cash (BCH), …

Facebook’s David Marcus Addresses Libra Trust Issues

David Marcus, the head of Calibra at Facebook, emphasized that Libra users will not have to put their trust in Facebook, in a post on July 3. Marcus reiterated that Facebook is not the only member of the Libra Network, and that they are relinquishing control of the network. In the post, he says: “Facebook …

US a Crypto Exchange Scarecrow — What Needs to Change?

America is the land of opportunity, so long as you don’t happen to be a cryptocurrency exchange. For several years now, a number of prominent exchanges have opted not to serve U.S. citizens; in fact, the list of trading platforms avoiding the U.S. is still growing, with Bancor recently announcing that it would block U.S. citizens …

ZenGo Demonstrates Proof-Of-Concept of a Keyless Wallet for Facebook’s Libra

The non-custodial crypto wallet solution ZenGo has created an open source project that purportedly provides proof-of-concept (PoC) for its ability to support social media giant Facebook’s virtual currency Libra, according to an official announcement by ZenGo on July 2. According to the announcement, this proof-of-concept project shows that it is possible to perform Libra transactions …

Blockchain Retains Nominal Role in Cleveland Tech Hub

Tower City Center, which was purported to become a blockchain hub in Ohio, is now slated to become an entrepreneurial center. According to a report by cleveland.com on July 1, the Tower City shopping mall had been struggling financially, and was thought to be receiving an overhaul as a Cleveland-based blockchain center at some point. …

Litecoin ‘Excellent’ in Adoption and Investment Returns

American provider of investment data Weiss Ratings has ranked Litecoin (LTC) as “excellent” in regards to investment rewards and adoption Digital currency ratings unit Weiss Crypto Ratings has classified the fourth largest cryptocurrency in terms of market capitalization LTC as “excellent” when it comes to investment rewards and adoption. At the same time, the agency …