Facebook to Senators: Libra Crypto Will Respect Consumer Privacy

news Facebook blockchain lead David Marcus told U.S. lawmakers that the social media giant plagued by privacy scandals won’t have access to personal financial information with its new cryptocurrency. In a letter dated Monday to the Senate Banking Committee responding to pointed questions the lawmakers sent in May, Marcus took a diplomatic tone, acknowledging the…

A Court Date for QuadrigaCX: What to Expect at Tomorrow’s Hearing

news The troubled crypto exchange QuadrigCX has appealed for creditor protection, setting the stage for a significant court hearing on Feb. 5 in Canada. Last Thursday, the exchange’s appeal was made before the Nova Scotia Supreme Court, with QuadrigaCX claiming that doesn’t have access to wallets containing some $137 million (U.S. dollars) in cryptocurrency. As…

Crypto Defender Spars With Famed Critic During US Senate Hearing

Advocacy versus skepticism. “Dr. Doom” versus “Captain Coin.” Whatever you want to call it, two divergent viewpoints on the topic of cryptocurrency collided before a group of U.S senators on Thursday. Economist Nouriel Roubini – famous for predicting the 2008 financial crisis testified about the blockchain and crypto ecosystems before the U.S. Senate Committee on…