Blockchain Tech Vendor Bison Trails Adds Ethereum 2.0 Support

Blockchain technology firm Bison Trails announced its support for features of Eth2 ahead of Ethereum’s planned upgrade.  Disclosure The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which […]

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Blockchain Bites: Rethinking Libra, Craig Wright and Something Smells Fishy in Blockchain

Top financial authorities are rethinking what a “basket-backed” stablecoin means for monetary sovereignty. The Bank for International Settlements (BIS) issued a new report claiming stablecoin initiatives like Libra haven’t driven central banks to explore CBDCs, Craig Wright is heading to trial and BTCPay received its largest donation to date. Here’s the story: You’re reading Blockchain Bites, […]

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Fed Economists Call Fears of Original Libra Stablecoin ‘Overstated’

Economists at the Federal Reserve project that Libra, the Facebook-linked stablecoin frequently targeted by lawmakers and central bankers as an economic wrecking ball, was unlikely to have lived up to its sovereign currency-killer hype. Calling “fears of a so-called global stablecoin” “overstated” in a new report published Monday, economists Garth Baughman and Jean Flemming suggested […]

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Irony or Crushing The Competition? Facebook Continues To Block Crypto Ads, Despite Libra Effort

At the height of the crypto hype bubble, Facebook, Google, and other tech giants made an effort to block cryptocurrency-related advertisements and promotions from their platforms. While Facebook claims to have loosened their policy against crypto the firm continues to limit cryptocurrency ads from reaching customers on its social media platform – even despite attempting […]

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How a Fatal Weakness Forced Libra To Capitulate

Frances Coppola, a CoinDesk columnist, is a freelance writer and speaker on banking, finance and economics. Her book “The Case for People’s Quantitative Easing,” explains how modern money creation and quantitative easing work, and advocates “helicopter money” to help economies out of recession. Libra was originally advertised as a revolutionary new payments system. By creating a […]

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Blockchain Bites: Facebook’s Calibra Facelift and Tencent’s ‘New Infrastructure’ Investments

We’re happy to be back after a recharging long weekend. Let’s get to the news. India’s central bank has clarified its crypto stance, Tencent is looking to invest in “emerging technologies” including blockchain and Facebook’s digital wallet subsidiary announced a rebranding and new details. You’re reading Blockchain Bites, the daily roundup of the most pivotal stories […]

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