Facebook’s wounded Libra Association formally voted itself into existence on October 14, electing a board and choosing officers. The ceremony was overshadowed by the loss of seven original members including Mastercard and Visa.
Kin Ecosystem is alive and well, according to its general manager, Alex Frenkel. That’s despite the Securities and Exchange Commission lawsuit against Kik Interactive, the company which created Kin. The SEC claims the Canada-based messaging app sold unregistered securities to U.S. investors during its 2017 ICO. The complaint stopped short of alleging that the Kin token—which is governed by Kin Ecosystem—is a security.
It’s time for cryptocurrency investors to stop hoarding and start putting their digital assets to work. That was one message Coinbase CEO Brian Armstrong offered attendees at Coindesk’s Consensus 2019 conference in New York on May 15.
It was a dark and smoky night this past Tuesday in San Francisco. The fires of Northern California had blanketed the tech mecca with some of the worst air quality in the world. The streets were empty and the town had a surreal cyberpunk post-apocalyptic feel, but that didn’t stop Boost VC’s Adam Draper from partaking in an epic “AMA” (“ask me anything”) with the Crypto Underground. Down a dimly lit alley, in the basement of a coworking space, dozens of blockchain founders gathered to hear insights from one of Bitcoin’s biggest proponents. Draper, who was an early investor in Coinbase, talked about how its co-founder Brian Armstrong introduced him…