Bitcoin 

Libra Co-Founder Says It Isn’t Competing With Fiat Currencies

Libra co-founder and chief economist of Calibra Wallet Christian Catalini has attempted to clear up misconceptions in relation to the planned digital coin in an interview with CNN’s Julia Chatterley. The release of the whitepaper on Facebook’s (NASDAQ:FB) proposed coin back in June prompted massive debate from politicians around the world, most of which vehemently oppose the plan as they feel it poses a threat to the economic sovereignty of nations. Catalini has attempted to allay some of those concerns by saying that Libra is, at its most basic, a…

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Blockchain 

SoFi Introduces Crypto Trading With Multiple Digital Currencies

Over the course of the past couple of years, crypto trading has turned into a legitimate vocation for a large number of people, and nowadays, the options when it comes to choosing an exchange are varied. Some years, people who wanted to trade in cryptocurrencies did not have many options, and the exchanges that were available did not often have the sort of liquidity that traders want. However, things have changed over the years, and in a new development, SoFi has launched its very own cryptocurrency trading platform. SoFi is…

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Blockchain 

Facebook Libra to Be Pegged to Multiple Currencies as Stablecoin

One of the biggest disruptions to the crypto space this year has been the announcement of Libra from the tech giant Facebook (NASDAQ:FB) back in July. The white paper published by the company about its cryptocurrency resulted in a lot of chaos and eventually led to turmoil in the crypto market as lawmakers expressed their doubts about Libra quite vehemently. Key Updates The company was asked to clarify several aspects of the Libra project to United States senators. In a report by one of the leading business publications, the company…

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Blockchain 

Kraken Implements New Funding Options for 5 Fiat Currencies

The US-based crypto exchange Kraken is rolling out new funding options for five major fiat currencies. In order to do so, the exchange has partnered with Etana Custody. Let’s check this out. Kraken’s New Funding Options Yesterday, July 29, the crypto exchange put out an official announcement saying that it will offer new funding options for US dollars, Euros, Canadian dollars, British Pound, and Japanese Yen. Kraken’s global customer base can access the fiat funding options by linking their bank account and wiring funds to the in-built Etana Custody Wallet,…

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