TL;DR: Facebook isn’t merely developing a coin. What’s happening appears to be a massive shift in the social media giant’s entire business and crypto is merely a part of the bigger picture.
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Winklevoss twins suffer setback in Charlie Shrem lawsuit
Ordered to pay court costs
Winklevoss Capital was ordered to pay Bitcoin entrepreneur Charlie Shrem more than $45,000 in court fees after a federal judge overturned an earlier decision authorizing them to freeze more than $30 million in assets.
- The corner of Wall and Broad Streets is one of the most boring and disappointing places on earth these days but once it was synonymous with finance (via Pixabay)
Fidelity, Gemini announcements bring cryptocurrency investments closer to the mainstream
Fidelity will begin securing Bitcoin wallets while Gemini passed a tough examination of its security services by Deloitte
Cryptocurrency supporters eager to see the business break into the financial mainstream had a pair of good signs on Jan. 30, as Fidelity Investments announced a timeframe for its Bitcoin custody service, and the Gemini exchange became the first exchange to pass a tough third-party test of its security offerings.