Since it was announced in June, Facebook has received pushback for its Libra cryptocurrency from government officials in both the US and Europe. On Monday, Treasury Secretary Steven Mnuchin added his concerns and questioned what’s being done to curb illegal activity involving cryptocurrency. “The Treasury Department has expressed very serious concerns that Libra could be …
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The US Congress is moving forward on key piece of legislation designed to lay the regulatory framework for blockchain technology and to see how the government could benefit from its use. The Senate Commerce, Science and Transportation Committee on Tuesday approved the Blockchain Promotion Act, bipartisan legislation that directs the Department of Commerce to come up with a standard definition …
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Facebook changed the way we communicate. Now the social media giant wants to change how its roughly 2.4 billion users think about using a cryptocurrency to make everyday purchases. Earlier this week, the social network and its partners unveiled a global digital coin called Libra, confirming details of a project that had been leaking out in dribs and drabs for months. …
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Facebook might be making its cryptocurrency plans public with the release of a whitepaper on June 18. As early as 2020, the social network could then be launching its own Facebook cryptocurrency, which would potentially provide users with an online payments system without fees or international transactions. The June whitepaper would explain its crypto play, according to TechCrunch citing several investors …
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Facebook may be a little closer to creating its own virtual money for you to send around to your friends. The social network giant has reportedly set up a company in Switzerland to focus on payments and blockchain, the technology powering cryptocurrencies like bitcoin. A Facebook cyrptocurrency would be tied to the US dollar, Swiss publication Handelszeitung said, and could therefore remain stable …
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The latest version of the Opera web browser launched Tuesday for Mac, Windows and Linux. Opera 60, codenamed Reborn 3, includes a cryptocurrency wallet, Web3 explorer and a free VPN. Reborn 3 has increased privacy and security features, including a built-in ad blocker, the company said in a release. Like previous versions of Opera, it also offers an unlimited VPN, …
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Startup Brave has begun showing ads in its web browser with privacy-focused new technology. Later this year, other software makers could start doing the same. The company plans to release a software developer kit as soon as the second half of 2019 that will let other programmers tap into its privacy-protecting ads, Chief Executive Brendan Eich told CNET in an …
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If you need a smartphone that will also work as a mobile cryptocurrency wallet, Samsung may have a handset for you. Photos tweeted by leaker Ice universe on Wednesday purport to show the Samsung Galaxy S10 with support for cryptocurrencies and sporting a Blockchain KeyStore. Text on the handset’s screen calls the KeyStore a “secure and convenient place for your …
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What if online ads weren’t the distracting, privacy-invading, malware-laced, battery-gobbling mess they’ve become? What if they could even fund worthy websites? That’s what startup Brave hopes to accomplish with a major new phase of its browser business. Brave began its existence three years ago by blocking all ads by default. On Tuesday, it’ll start offering anyone using the developer version …
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HTC just launched its early access period for the HTC Exodus 1, the company’s first blockchain phone. What does a “blockchain phone” even mean? Well, according to HTC, it’s called that because it’s blockchain-encrypted, and dedicated to security and decentralized applications. The phone also acts as its own blockchain node (you can read more about how blockchain works in this …
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