Tencent Says Libra Would Pose Serious Threat to Alipay, WeChat Pay news Tencent, the Chinese internet giant and parent of messaging app WeChat, said the proposed launch of Facebook’s Libra cryptocurrency would pose serious risks to existing digital payment systems.In a blockchain whitepaper published in Chinese this week, Tencent said Facebook’s Libra initiative seems “bold and radical” but is actually a “prudent and rational” move for the… The Anxiety Index: 4 Fear Factors Shaping the Economy Aug 28, 2020 at 19:00 UTC(solarseven/Getty Images)The Anxiety Index: 4 Fear Factors Shaping the EconomyFrom COVID-19 relapses to election insecurity, these factors drive defensiveness up and demand down.For more episodes and free early access before our regular 3 p.m.Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica, iHeartRadio or RSS.This episode is… Wealth List Reveals China’s 13 Biggest Crypto Billionaires Chinese entrepreneurs behind some of the biggest cryptocurrency startups in the world have made the country’s billionaire list for the first time.Hurun, the organization that tracks high net-worth individuals in China and worldwide, on Wednesday released its latest list of the wealthiest executives in China – all being worth at least 2 billion yuan, or $288 million.… See You in Denver This Week Feb 11, 2020 at 14:40 UTCCoinDesk will be on location at ETHDenver this Thursday.We’ll be holding an informal reader meet-and-greet so we can get to know the Denver crypto ecosystem.Drop our local writer, Will Foxley, a line at [email protected] if you’ll be attending and we’ll set a time to chat.
The meet-and-greet will start… Blockchain Bites: Ethereum’s Economy, Estonia’s CBDC Research, Coinbase’s Severances Blockchain Bites: Ethereum’s Economy, Estonia’s CBDC Research, Coinbase’s SeverancesCoinDesk is preparing for invest: ethereum economy with a special series of newsletters focused on Ethereum’s past, present and future.
Every day until the event, the team behind Blockchain Bites will dive into an aspect of Ethereum that excites or confuses them.The Top Shelf news you subscribed to is down below.Now a few… Marco Polo Blockchain Built on R3’s Corda Sees First Live Trades news The first two real-world transactions have been conducted on Marco Polo, the trade finance blockchain built on R3’s Corda platform.Announced Thursday, the trades took place between two German companies: Voith, a manufacturer of machines such as turbines, generators and transmissions, and KSB SE, a supplier of pumps and valves.One transaction involved the… The US Should Use Stablecoins for Emergency Coronavirus Payments Mar 22, 2020 at 13:49 UTCPhoto by Sharon McCutcheon on UnsplashCatherine Coley is the CEO of Binance.US.
Previously she was Head of XRP Institutional Liquidity at Ripple after working for Morgan Stanley Foreign Exchange desks in Hong Kong and London.Amid the fear and uncertainty of the COVID-19 pandemic, the US government is looking for ways… Former Mt Gox CEO Karpeles Must Face US Class Action, Judge Rules news Mark Karpeles, former CEO of the early bitcoin exchange Mt.Gox, must face a class action lawsuit brought in Philadelphia over the firm’s collapse in 2014.According to a Reuters report on Monday, District Judge Robert Kelly has refused Karpeles’ request to dismiss the suit, which alleges that the former CEO had concealed issues at the exchange… Unlike Libra, Digital Yuan Will Not Need Currency Reserves to Support Value: PBOC Official Dec 23, 2019 at 17:22 UTCUpdated Dec 23, 2019 at 17:41 UTCThe head of the People’s Bank of China’s (PBOC) digital currency research subsidiary, Changchun Mu, said China’s cryptocurrency will not need a currency basket to maintain a stable value.Speaking to reporters at The China Finance Association Academic Annual Meeting and China Finance Forum Annual… .