R3 CEO: Facebook’s Announcement of Libra Was ‘Ridiculously Stupid’

CEO of blockchain firm R3, David Rutter, has ridiculed the way Facebook introduced its yet-to-be-released Libra stablecoin. CEO of blockchain firm R3 has ridiculed the way Facebook introduced its yet-to-be-released Libra stablecoin. Skepticism surrounding Facebook’s forthcoming Libra stablecoin continues growing as David Rutter, the CEO of enterprise software firm R3, Continue Reading

Cypherpunk Holdings Acquires 4.5% Stake in Firm Behind Privacy-Centric Wasabi Wallet

Investment company Cypherpunk Holdings has completed an equity investment worth $337,500 in zkSnacks, the firm behind the privacy-focused crypto wallet Wasabi. Tech investment company Cypherpunk Holdings has completed an equity investment worth $337,500 in zkSNACKs, the firm behind privacy-focused cryptocurrency wallet Wasabi. Cypherpunk announced the news in a Nov. 21 Continue Reading

Bithumb Quashes Shanghai Office Closure Rumors After Binance Denial

South Korean cryptocurrency exchange Bithumb denies recent reports that Chinese authorities have raided its Shanghai offices. South Korean cryptocurrency exchange Bithumb is denying recent reports that Chinese authorities have raided its Shanghai offices. On Nov. 21, a Bithumb spokesperson informed the Block that the recent rumors of a police raid Continue Reading

Green Policy and Crypto Energy Consumption in the EU

Solarization dominating green energy efforts in the EU. Society is now witnessing the implementation of digital currencies, AI and blockchain technology worldwide. These new digital technologies require a high consumption of electricity, currently produced predominantly using coal and fossil fuels that adversely impact the environment. A global shift toward green Continue Reading