There aren't many crypto-friendly banks that can be named, let alone one that goes public on the premises it supports cryptocurrencies. But Silvergate Bank is such a bank. It officially went public on the New York Stock Exchange this past Thursday. Silvergate applied for an IPO roughly one year ago and it was only yesterday…
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The story of Facebook's Libra and Mark Zuckerberg's "relationship" with the US Congress has reached new levels. The much awaited cryptocurrency called Libra might not be launched after all in 2019, as Facebook cannot get the approval of regulatory bodies yet. The European Union also expressed great concerns over the launch of such a global…
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Justin Sun, the CEO of BitTorrent, won a bid to have lunch with the Wizard of Omaha, Warren Buffet. The bid price? $4.6 million! As Leaprate reported, Warren Buffett is known for holding auctions for various charitable causes. The billionaire investor has also commented several times that he does not believe in the merits of cryptocurrencies,…
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It is a rare day that a banking institution or group of banks comes out in favor of anything having to do with cryptocurrencies and blockchain technology. It is even rarer still after considering the fact that government officials have for months been on a caustic rant against Facebook, Libra, and all things crypto. While…
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A week has passed since Mark Zuckerberg took the stand to be the sole witness testifying before the United States House of Representatives Committee on Financial Services about his Libra strategy and any recent developments. The majority of Congressmen took it upon themselves to blast the young entrepreneur on what they perceived as the evil…
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It can be both disconcerting and discouraging to hear a crypto expert opine on the issues of the day. It is a given that they have insider knowledge and a talent for the field, being more than likely a programming wizard, a cryptographer, or that geeky nerd that sat next to you in high school.…
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The Association of National Numbering Agencies (ANNA) has announced today the launch of a new Technology Taskforce (TF-22) on Digital Assets to help examine how ISINs may be able to help identify possible harmonisation of standards. TF-22 will examine the identification of digital assets such as tokens and cryptocurrencies, blockchain technology and its’ associated evolution…
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Stephen Moore was nominated by US President Donald Trump to join the Federal Reserve of the country. The bid for the role, however, failed by several votes and Mr. Moore couldn't take the position. Stephen Moore is an economist and former campaign adviser. After his bid didn't come through, Mr. Moore has turned to manage…
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As 2018 came to a close, several concerned observers of the crypto-verse predicted that 2019 would be a critical turning point for many crypto development efforts. In other words, it was time to demonstrate marketable “use cases” across the spectrum of over two thousand token programs that had raised significant funds based on rather thin…
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Analysts are still scratching their heads regarding the Fed’s decision last week to inject roughly $60 billion per month into the U.S. economy. The central bank announced that it would be buying back Treasury bills, perhaps until Q2 of 2020, in hopes of preventing turmoil in repo money markets. The confusing part was when Jerome…
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