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CFTC Chairman: “the blockchain is able to prevent the global financial crisis”

CFTC-Chairman-the-blockchain-is-able-to-prevent-the-global-financial-crisis Christopher Giancarlo | CFTC Chairman

Blockchain could change the financial world during the global financial crisis in 2008.

This opinion was expressed by the Chairman of the US Commodity Futures Trading Commission (CFTC), Christopher Giancarlo, speaking at the fourth annual DC Blockchain Summit in Washington. According to him, the use of the blockchain would change the response of the regulators at that time.

Media: Facebook is preparing to launch its own cryptocurrency

Facebook-is-preparing-to-launch-its-own-cryptocurrency Media: Facebook is preparing to launch its own cryptocurrency

The New York Times, citing anonymous sources on Facebook, reports that the largest social network has already prepared the launch of its own cryptocurrency and is already in talks with the exchanges on listing.

It is reported that we are talking about stablecoin under the brand of messenger WhatsApp. The new coin will be pegged to the US dollar and used for domestic and international transfers between friends and family members via instant messenger. In the future, Facebook users and Instagram users, whose audience counts in billions of users, will also be able to use the stablecoins.

Jamie Dimon: “Over time, JPM Coin will be available for a wide number of consumers.”

Jamie-Dimon-JPM-Coin-will-be-available-for-consumers Jamie Dimon | Head of JPMorgan

The head of JPMorgan, Jamie Dimon, said that JPM Coin, which was recently announced by the bank, will become available to the general consumer.

"JP Morgan Coin could be internal, could be commercial, it could one day be consumer," Dimon quotes the CNBC.

John Carvalho: “There is no need to launch a Bitcoin ETF”

John-Carvalho-There-is-no-need-to-launch-a-Bitcoin-ETF John Carvalho | PR Director at BitRefill

Director of Public Relations at BitRefill, John Carvalho, expressed the opinion that ETF for Bitcoin is not necessary.

"I don't think Bitcoin "needs" an ETF. I'm not sure it will be the catalyst for new money that people hope for either. If a person or entity wants exposure to Bitcoin, they already have options. I'm also not a big fan of large central custodial pools of Bitcoin, it's a recipe for disaster," said Carvalho.

Samsung Galaxy S10 will support BTC, ETH, COSM and ENJ

Samsung-Galaxy-S10-will-support-BTC-ETH-COSM-and-ENJ Samsung Galaxy S10 will support BTC, ETH, COSM and ENJ

New details about the cryptocurrency wallet built into the Galaxy S10 have become known. It turns out that the cold storage of the smartphone will support only four currencies and only two of them - large.

Reported that of the large coins, the cryptocurrency wallet will support Bitcoin and Ethereum. In addition, Galaxy S10 will be able to store coins Enjin Coin and Cosmo Coin. These are Korean projects based on the Ethereum blockchain. Enjin Coin is designed for gamers, and Cosmo Coin is associated with the beauty industry.

Andy Singleton: “nobody buys security tokens”

Andy-Singleton-nobody-buys-security-tokens Andy Singleton | Founder of Aboveboard

The market for tokenized securities (STO) is lifeless: current offers suffer from poor liquidity and inadequate information disclosure, which reduces demand from investors.

This opinion was expressed by the founder of Aboveboard Andy Singleton. In the article "The real STO market outlook: near death" he states that, despite "a team of non-existent startups," who "announce infrastructure and publish transactions for sale, no one actually buys them."

MyEtherWallet will start converting cryptocurrency into Fiat without verification

MyEtherWallet-will-start-converting-without-verification MyEtherWallet will start converting cryptocurrency into Fiat without verification

A popular wallet for Ethereum MyEtherWallet in collaboration with the Swiss company Bity will provide users with the opportunity to exchange cryptocurrencies for fiat without a verification procedure.

Bity provides cryptocurrency services to residents of different countries and serves a network of cryptomattes in Switzerland. The possibility of withdrawal of cryptocurrency in Fiat without verification is possible under the local law on combating money laundering.

Samsung Galaxy S10 received key vault for cryptocurrency wallets

Samsung-Galaxy-S10-received-key-vault-for-cryptocurrency-wallets Samsung Galaxy S10 received key vault for cryptocurrency wallets

A new mobile flagship Samsung Galaxy S10, in addition to other innovations, received a special storage of secret keys for cryptocurrency wallets. The presentation has already taken place in Seoul, San Francisco and London.

As part of the mobile data protection solution, Samsung Knox has a separate key storage function for cryptocurrency wallets.

Brian Kelly: “Bitcoin is undervalued by 50%”

Brian-Kelly-Bitcoin-is-undervalued-by-50 Brian Kelly | Head of BK Capital Management

The head of BK Capital Management and the popular cryptocurrency expert Brian Kelly expressed the opinion that Bitcoin is undervalued by 50%.

According to Kelly, the year 2019 will become more successful for cryptocurrency than 2018. However, before the courses go up, the price of the first cryptocurrency may drop to the level of $ 1.5 thousand. He noted that the market has repeatedly dropped to similar values.

Founder of Blocktower Capital: the expression “blockchain is not Bitcoin” does not make sense

Founder-of-Blocktower-Capital Ari Paul | Founder of Blocktower Capital

CFO and co-founder of Blocktower Capital investment company Ari Paul said that although people say that blockchain is not Bitcoin, he believes that the real turning point will come when people realize that Bitcoin is more than blockchain, and it can create a new wave of using cryptocurrencies in real life.

"Bitcoin blockchain is first generation technology with limited throughput and features.

BTC can be used on other protocols and networks. The Lightning Network is a layer 2 protocol that allows for numerous fast and cheap BTC transfers that settle to and are secured by the Bitcoin network. People may also use sidechains, drivechains, and other L2 or L3 solutions.

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