Former Coinbase COO Joins Blockchain-Based Lending Firm Figure – CoinDesk

Asiff Hirji, the former president and chief operating officer of Coinbase, is the new president of Figure Technologies, the blockchain-based lending firm backed by Morgan Creek Digital. Figure announced Hirji’s addition Wednesday, saying the longtime financial executive will oversee the company’s growth. Figure CEO Mike Cagney said in a statement that the company would be […]

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Digital Currencies Won’t Replace US Dollar Anytime Soon: IMF Chief Economist – CoinDesk

The chief economist at the International Monetary Fund (IMF) has said digital currencies are not about to challenge the U.S. dollar’s pivotal role in global trade. In an op-ed for the Financial Times on Tuesday, Gita Gopinath, who took over as the IMF’s chief economist in January 2019, wrote that although cryptocurrencies represented “intriguing possibilities,” […]

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WATCH: Chainalysis Chief Economist Wants Crypto to Move Past ‘Buying Drugs on the Silk Road’ – CoinDesk

CoinDesk sat down with Chainalysis’ chief economist Philip Gladwell to get a macro-view of the crypto market. Speaking at Invest: NYC 2019, Gladwell said the crypto-sleuthing firm has found that only 30 percent of bitcoin is actually liquid. Of this value exchanged, more and more of it is going towards legitimate merchant services, a departure […]

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EU Antitrust Boss Flags Facebook Crypto Libra for Monopoly Risks – CCN Markets

The European Union’s AntiTrust Chief is scrutinizing Facebook’s much-publicized crypto, Libra. | Source: Shutterstock EU regulators are investigating if the Facebook Libra “cryptocurrency” poses a threat to competition by being a potential monopoly. Margrethe Vestager is the outgoing antitrust chief of the European Union. She’s gravely concerned that Libra could violate antitrust laws. EU: Facebook […]

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Ripple CEO Garlinghouse Slams FUD Because ‘It’s Clear XRP Isn’t a Security’ | CCN Markets

Ripple’s chief Brag Garlinghouse insists ‘it’s clear XRP is a security’. | Source: Flickr/OFFICIAL LEWEB PHOTOS Investments in XRP has dwindled dramatically in 2019, indicating that not many are using the crypto-asset for its intended application: that of behaving as a bridge between fiat currencies for cross-border payments. The result is an underperforming token, now […]

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Amrit Kumar on Smart Contract Security, Blockchain Sentiment, and the Future of Zilliqa

Amrit Kumar, Zilliqa President and Chief Scientific Officer Amrit Kumar Decentralized app (dApp) platforms seem to be running into issue after issue lately. Many have trouble scaling while others have seen some nasty bugs due to smart contract vulnerabilities. The Zilliqa team is aiming to turn that around. Zilliqa implements sharding, alongside its own programming […]

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