Libra Association’s Crypto Members Remain Unfazed by Regulatory Backlash

Libra Association’s Crypto Members Remain Unfazed by Regulatory Backlash

Since first being announced in June, Facebook’s proposed Libra cryptocurrency has drawn the ire of lawmakers and regulators worldwide. But, according to sources close the Libra Association, that was to be expected. “We always knew this was something that was going to be hard,” one such source told CoinDesk. However, some of the project’s founding 28 members – which include Visa, PayPal, Uber and other tech and payments giants – haven’t remained as steadfast in their commitment, according to recent media reports.
Napster Founder’s IoT Startup Is Adding Tokens With $15 Million Round Led by USV, Multicoin

Napster Founder’s IoT Startup Is Adding Tokens With $15 Million Round Led by USV, Multicoin

An internet-of-things (IoT) startup founded in 2013 is adding tokens to its business model with the backing of two of crypto’s best-known funders. Helium announced Wednesday a $15 million Series C co-led by Union Square Ventures and Multicoin Capital. Investors will acquire equity in Helium as well as a share of the tokens that will accrue to the company over the next several years as they are minted, after its bespoke blockchain goes live, according to a spokesperson.
Union Square Ventures инвестировал в шестой криптовалютный хедж-фонд

Union Square Ventures инвестировал в шестой криптовалютный хедж-фонд

Фред Уилсон, соучредитель венчурного фонда Union Square Ventures (USV), сообщил, что Multicoin Capital cтал шестым криптовалютным хедж-фондом, в который компания инвестировала за последние полтора года.
Альберт Венгер: криптовалюты будут стоить триллионы долларов

Альберт Венгер: криптовалюты будут стоить триллионы долларов

После того как цена на биткойн превысила отметку в 10,000$ многие руководители Уолл-стрит показали, что им не нравится биткойн и вся экосистему криптовалюты в целом. Нобелевский экономист Джозеф Стиглиц заявил, что биткойн должен быть “вне закона”, а генеральный директор Goldman Sachs Ллойд Бланкфей утверждает, что биткойн – это “средство для совершения мошенничества”.

USV’s Albert Wenger: Cryptocurrency as a Whole Will Be Worth Trillions of Dollars

Following bitcoin’s historic march to $10,000 and subsequent volatility, covered by CCN, various prominent Wall Street executives have been weighing in on bitcoin and the cryptocurrency ecosystem in general, showing they aren’t too fond of it. Nobel Prize-Winning economist Joseph Stiglitz recently stated that bitcoin should be “outlawed,” while Goldman Sachs CEO Lloyd Blankfein apparently soured on bitcoin as he stated that it’s a “vehicle to perpetrate fraud.