US lawmakers troubled by Facebook's Libra due to 'pattern of failing to keep consumer data private'

US lawmakers troubled by Facebook’s Libra due to ‘pattern of failing to keep consumer data private’

US lawmakers in a hearing at the House Committee on Financial Services on Wednesday expressed widespread mistrust of Facebook’s cryptocurrency plan, saying the company’s attempt…

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Hacked Bitpoint Exchange Finds $2.3M in Stolen Crypto

Hacked Bitpoint Exchange Finds $2.3M in Stolen Crypto

Japanese cryptocurrency exchange Bitpoint has discovered over 250 million yen ($2.3 million) in cryptocurrency — part of a $32 million sum that was stolen last…

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Indian Authorities Arrest 4 Individuals Accused of Crypto Ponzi Scheme

Indian Authorities Arrest 4 Individuals Accused of Crypto Ponzi Scheme

The Criminal Investigation Department (CID) of India has arrested Vijay Prajapati, Dhiraj Patel, Kamruddin Syed, and Ashiq Shaikh, the alleged creators of the cryptocurrency KBC…

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Chair of House Financial Services Committee Requests Halt on Facebook’s Crypto Project

Chair of House Financial Services Committee Requests Halt on Facebook’s Crypto Project

Rep. Maxine Waters, chairwoman of the United States House of Representatives’ Financial Services Committee is requesting that Facebook halt development on its cryptocurrency, the Libra,…

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Facebook to Unveil ‘Libra Association’ and Launch Testnet Next Week: Report

Facebook to Unveil ‘Libra Association’ and Launch Testnet Next Week

Social media giant Facebook will unveil the Libra Association, which will operate its bespoke cryptocurrency Libra, on June 18, cryptocurrency news outlet The Block reported…

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Coinbase Card Launches in Six European Countries

Coinbase Card Launches in Six European Countries

United States-based cryptocurrency exchange and wallet service Coinbase has launched its Visa debit card in six European countries, CNBC reports on June 11. As of…

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Report: Facebook to Announce Cryptocurrency Project This Month

Report: Facebook to Announce Cryptocurrency Project This Month

Social media giant Facebook will reportedly announce its cryptocurrency project this month, allowing employees to take part of their salary in the coin, CNBC reports…

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Computer Researcher Finds Wallet Vulnerability That Gave Same Key to Multiple Users

Computer Researcher Finds Wallet Vulnerability That Gave Same Key to Multiple Users

Online cryptocurrency paper wallet creator WalletGenerator.net previously ran on code that caused private key/public key pairs to be issued to multiple users. The vulnerability was…

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Two Miners Purportedly Execute 51% Attack on Bitcoin Cash Blockchain

Two Miners Purportedly Execute 51% Attack on Bitcoin Cash Blockchain

Two miners have reportedly executed a 51% attack on the bitcoin cash (BCH) blockchain, according to tweets by Cryptoconomy Podcast host Guy Swann on May…

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US Telecoms Giant AT&T Now Accepting Crypto Payments via BitPay

US Telecoms Giant AT&T Now Accepting Crypto Payments via BitPay

United States telecom and media giant AT&T now accepting cryptocurrency for paying phone bills online, according to an official press release on May 23. AT&T…

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