How the wheels came off Facebook’s Libra project

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Support for Mark Zuckerbergs mission to reshape global finance is slipping away slowly but surely When quit in dramatic fashion in recent weeks, including PayPal, eBay, Visa and Mastercard, as concerns mount. One by one theyre starting to drop away. … Continued

Police arrest hundreds over international child sexual abuse website

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South Korean-based site accepted digital currency for access to videos, with victims rescued in US, UK and Spain Hundreds of people have been arrested in a worldwide operation over a South Korea-based Read more: https://www.theguardian.com/technology/2019/oct/17/police-arrest-hundreds-over-international-child-sexual-abuse-website

Cryptocurrencys bad day continues as the SEC blocks Telegrams $1.7 billion planned token sale

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Cryptocurrency’s bad news day continues to get worse as the U.S. Securities and Exchange Commission has said it has filed an emergency action and received a restraining order for the $1.7 billion planned token offering of Telegram’s blockchain. The move … Continued

Elliptic banks $23M to shrink crypto risk, eyeing growth in Asia

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Crypto means risk. To UK company Elliptic it also means business. The startup has just closed a $23M Series B to step up growth for a crypto risk-management play that involves selling tech and services to help others navigate the … Continued