• Bancor co-founder Guy Benartzi’s at the Ethereal Summit in Tel Aviv on September 15, 2019 (Photo by Molly Jane Zuckerman for Modern Consensus).
    Technology

    ‘After the flood comes rainbows and sunshine’: Bancor’s Guy Benartzi on state of the crypto space

    The co-founder of the liquidity-focused blockchain protocol spoke with Modern Consensus at the Ethereal Summit about the possibilities for a multi-blockchain, multi-crypto world

    Bancor co-founder Guy Benartzi’s talk at the Ethereal Summit in Tel Aviv on September 15 was straightforward: he wanted to discuss the company’s Year 3 roadmap, and he wanted to share the new creator.eco platform—built on the Bancor protocol—that helps content creators monetize through a staking system.

  • U.S. Senator Sherrod Brown (D-OH). Caricature by DonkeyHotey (Flickr.com/photos/DonkeyHotey)
    Libra,  United States

    Sen. Sherrod Brown leads attack on Facebook’s David Marcus during Libra hearing

    The Ohio Democrat led a senatorial gang-up on the social media executive during his testimony before the Senate Banking Committee

    Facebook is in for a rough ride with its Libra cryptocurrency project. If that wasn’t clear from the president’s anti-cryptocurrency Tweets last week and Treasury Secretary’s comments on Monday that they are “a national security issue,” it was very obvious after the Facebook executive spearheading its Libra payment system was treated like a bipartisan punching bag in a hearing before the U.S. Senate Banking Committee on July 16.

  • President Donald Trump and Rep. Maxine Waters (D-CA) agree on their dislike of the Facebook-backed Libra cryptocurrency (Photo composite from images by Gage Skidmore of Peoria, AZ, and the U.S. Congress)
    Bitcoin,  Libra,  United States

    President Trump slams Bitcoin, piles on Facebook’s Libra

    Donald Trump and Rep. Maxine Waters actually agree on something: Facebook’s cryptocurrency is a bad idea

    Facebook is so powerful it can even make President Donald Trump agree with Rep. Maxine Waters, the liberal House Democrat from California’s 43rd district, near Los Angeles.

  • Facebook
    Cryptocurrencies,  Technology

    Visa, Mastercard, PayPal, Uber among companies joining Facebook stablecoin project

    Wall Street Journal reports the social media giant will unveil GlobalCoin details next week

    Facebook has signed up a who’s who of tech and financial powerhouses to back its forthcoming stablecoin, including Mastercard, Visa, PayPal, and Uber, the Wall Street Journal reported on June 13.