1. Second US Congressional Hearing Is Scheduled on Facebook’s Libra Crypto
The U.S. House Financial Services Committee will host a hearing on Facebook’s libra cryptocurrency next month, one day after the Senate Banking Committee holds its previously announced hearing.
Maxine Waters, chair of the powerful House committee, announced the hearing Monday, The Hill reported, after calling on Facebook to suspend development of the project multiple times last week. The hearing is scheduled for July 17, and no witness list has yet been released.
[Source: Coindesk] ✩✩✩✩✩
2. Bitcoin SV Soars To All-Time-Highs, But Is This Down To Manipulation By Whales?
News has emerged that the overwhelming majority of Bitcoin SV volume comes from just 100 transactions. In comparison, the equivalent figure for Bitcoin is less than 10%. As such, this raises doubts over the legitimacy of the BSV network and its standing as a top 10 coin.
[Source: NewsBTC] ✩✩✩✩✩
3. AICPA Proposes New Standards That Would Apply to Blockchain-Based Audit Data
The American Institute of Certified Public Accountants (AICPA) has proposed a new set of standards for audit evidence including accommodation for blockchain-based data, according to a report by trade publication Accounting Today on June 24.
[Source: Cointelegraph] ✩✩✩✩
4. LedgerX gets license to offer retail bitcoin spot, options, and futures contracts
LedgerX, a bitcoin trading venue, today received approval from regulators to offer retail clients of any size access to bitcoin spot, options, futures contracts, and more. If you live in the US or Singapore, have a driver’s license or other form of government ID, it will be possible to sign up.
[Source: CryptoNinjas] ✩✩✩
5. Report: Russian Finance Minister Hints At Allowing Cryptocurrency Trading
A report by Russian news service Interfax claims that a Ministry of Finance representative hinted at the idea of allowing cryptocurrency trading in the future, despite the country’s current ban on cryptoassets.
[Source: CryptoGlobe] ✩✩✩
6. Facebook’s Libra cryptocurrency ‘poses risks to global banking’
Facebook’s plan to operate its own digital currency poses risks to the international banking system that should trigger a speedy response from global policymakers, according to the organisation that represents the world’s central banks.
[Source: TheGuardian] ✩✩✩
7. Maltese Government to Store Rent Contracts Info with DLT
In a bid to ensure security and curb the activities of rogue actors, the Prime Minister of Mala, Joseph Muscat has announced that all rental contracts for property drafted in the country must be stored on a blockchain, according to a report by local news source MaltaToday on June 23, 2019.
[Source: BTCManager] ✩✩✩✩
8. Mozilla Closes Holes That Led to Coinbase Hacks
A pair of simple Mozilla vulnerabilities made it easier for hackers to phish Coinbase employees. The exploit, detailed by ZDNet, was a remote code execution attack that could force machines running Firefox to install spyware to capture passwords and other data. Mozilla is asking users to update their browsers in order to close these holes.
[Source: Coindesk] ✩✩✩
9. The First Cardano (ADA) Payment System Has Been Installed In Japan
Cardano (ADA) continues to expand in the market, this time with the first payment system that was installed in Japan, one of the most active countries in the cryptocurrency space. The information was released by the company on its official Telegram channel.
[Source: UseTheBitcoin] ✩✩✩
10. SWIFT to Allow GPI Payments on Blockchain Platforms
The Society for Worldwide Interbank Financial Telecommunications (SWIFT) will allow distributed ledger technology (DLT) firms to use its global payments innovation (GPI) platform, according to a recently published report.
In the report, SWIFT revealed that it will soon allow GPI payments on DLT-base platforms. The product will purportedly increase savings in reconciliations and boost the movement of collateral.
[Source: Cointelegraph] ✩✩✩
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