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

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

Zuckerberg: I’ll ‘go to the mat and fight’ Warren over plan to break up Facebook

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Leaked recordings published by the Verge show Zuckerberg fears existential threat if Democratic contender becomes president Facebook chief executive Mark Zuckerberg has said his company will go to the mat if Elizabeth Warren is elected president and seeks to fulfil … 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