Libra cryptocurrency: dare you trust Facebook with your money? | John Naughton

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The social media giants foray into bitcoin territory should prompt suspicion Weve known for ages that somewhere in the bowels of Facebook people were beavering away designing a cryptocurrency. Various names were bandied about, including GlobalCoin and Facebook Coin. The … Continued

Crypto exchange Binance prepares to add margin trading soon

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Binance, the world’s most prominent crypto exchange, says it is close to adding a much-anticipated margin-trading feature to its service following weeks of speculation. The company tweeted confirmation of the upcoming feature in a screenshot that subtly teases the imminent … Continued

What will save crypto?

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Sulaiman al-Fahim New York Times article, bitcoin enthusiasts in the U.S. wrongly predicted the involvement of Wall Street institutions and investors in cryptocurrency, which would have given it legitimacy. Instead, the opposite effect has taken place: big investors have avoided … Continued

These startups are locating in SF and Africa to win in global fintech

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To become a global fintech player, locate your company in San Francisco and Africa. That’s the approach of payments company Flutterwave, digital lending startup Mines, and mobile-money venture Chipper Cash—Africa-founded ventures that maintain headquarters in San Francisco and operations in … Continued

Crypto exchange Goxtrade caught using other peoples photos on its staff page

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Alleged cryptocurrency exchange Goxtrade bills itself as a “trusted platform for trading bitcoins,” but its staff page is filled with photos of people pulled seemingly at random from the internet. The alleged exchange, which claimed to debut in 2017 yet … Continued

Bitcoin Billionaires by Ben Mezrich review the tale of the Winklevoss twins

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Coders, cocktails and a bank heist in reverse the brothers who sued Mark Zuckerberg and hit bitcoin boom time If you have seen Mark Zuckerberg for allegedly stealing their idea to make Facebook. (Zuckerberg eventually settled for $65m.) In that … Continued