Rappler's latest stories on cryptocurrency
Facebook wallet for Libra digital coins renamed 'Novi'
The rebranding replaces the original name of 'Calibra' for the Facebook digital wallet which would work with the planned virtual currency Libra
Singapore sovereign fund Temasek joins Facebook-backed Libra
Along with Temasek, US-based cryptocurrency investment firm Paradigm and private equity group Slow Ventures join Libra
Encrypted messenger Telegram ends cryptocurrency project
Telegram ends its 'Telegram Open Network' platform project, following a legal battle with US regulators
Bitcoin rises after eagerly awaited 'halving'
The 'halving' is expected to hit the profitability of mining bitcoin as more work will be needed to achieve the same reward – but analysts say this could be offset if the unit's value rises
Facebook-backed Libra appoints chief executive
Stuart Levey has been the chief legal officer at HSBC Holdings since 2012, and once served as the first under secretary of the US Treasury for terrorism and financial intelligence
U.S. indicts 2 Chinese for allegedly laundering around $100M in cryptocurrency
Tian Yinyin and Li Jiadong are accused of working with Lazarus Group, which was blamed for an April 2018 cryptocurrency hack in which about $250 million was stolen
'Legal basis' an 'absolute prerequisite' for digital monies like Libra – G7
'Ambiguous rights and obligations could make the stablecoin arrangement vulnerable to loss of confidence – an unacceptable risk, especially in a payment system of potentially global importance,' the G7 report says
Group behind Facebook's Libra coin announces 21 founding members
Libra initially hopes the number of companies backing it would increase from an initial 28 to 'well over 100.' Instead, the list has shrunk following criticism from regulators.
PayPal abandons Facebook-backed Libra cryptocurrency group
'We remain supportive of Libra's aspirations and look forward to continued dialogue on ways to work together in the future,' PayPal says
Russian man sues Apple for 'turning him gay'
The man files suit in a Moscow court after an incident this summer in which a cryptocurrency called 'GayCoin' was delivered via a smartphone app, rather than the Bitcoin he had ordered
Facebook-backed Libra group pledges to 'reassure' regulators
Governments and officials have raised concerns over how the currency would be regulated, specifically on matters concerning laundering and terrorism financing
Messaging app Kik to shut down as company focuses on Kin cryptocurrency
Kik Interactive CEO Ted Livingston says it wants to increase Kin blockchain's ability 'to support a billion consumers making a dozen transactions a day with sub 1 second confirmation times'
France will block development of Facebook Libra cryptocurrency
France wants to block the development of Libra because it says it threatens the 'monetary sovereignty' of governments
Telegram secretly plans 'Gram' cryptocurrency
Reports say Russian-founded Telegram aims to create an accessible service that is easier to use than various cryptocurrencies like Bitcoin
Facebook's Libra currency could undermine European Central Bank – official
Yves Mersch, a board member at the Frankfurt institution, hopes Europeans don't leave traditional payment solutions for the 'beguiling but treacherous promises of Facebook's siren call'
Swiss privacy watchdog seeks details on Facebook Libra cryptocurrency
Switzerland's financial watchdog FINMA plans to conduct oversight of the Geneva-based Libra Association
Libra: What consumers need to know about Facebook’s new cryptocurrency
One concern is that Libra may herald a shift away from traditional government taxes and banking fees to a new international monetary system controlled by corporate entities like Facebook and Uber
Facebook's Libra prospects dim, but cryptocurrencies roll on
The US government wants the dollar to be the global reserve currency, and will oppose any 'threat to that,' says one analyst
Facebook's Libra currency under fire
Libra, which is widely regarded as a challenger to dominant global player Bitcoin, is expected to launch in the first half of 2020
China police bust bitcoin miners for stealing $3 million in electricity
Police in Zhenjiang in eastern Jiangsu province say officers confiscated almost 4,000 mining devices from an illicit bitcoin operation that stole nearly 20 million yuan or about $2.91 million in power
Japan firm says $32 million missing in cryptocurrency hack
The apparent hack is discovered after an error appeared in the firm's outgoing funds transfer system on Thursday night, July 11
Trump says cryptocurrency is 'not money'
'I am not a fan of Bitcoin and other Cryptocurrencies, which are not money, and whose value is highly volatile and based on thin air,' Trump tweets
U.S. Fed to look 'carefully' at Facebook virtual coin Libra
Federal Reserve chairman Jerome Powell becomes the latest official to voice concern over the global virtual currency unveiled last week by Facebook
Swiss watchdog 'in contact' with Facebook cryptocurrency backers
Given Facebook's international reach, global regulators are unlikely to leave supervision of the Libra cryptocurrency entirely to the Swiss
With 'Libra,' Facebook takes on the world of cryptocurrency
Libra, described as 'a new global currency' set to roll out next year, is being backed by about 25 partners, including nonprofits and firms in financial services and online commerce
Facebook to unveil new cryptocurrency
The world's biggest social network is expected to outline details of a virtual currency launching next year that it hopes will avoid the rollercoaster volatility of 'blockchain' technologies such as bitcoin
Facebook making independent foundation for its cryptocurrency run – report
A report mentions Facebook is reaching out to financial institutions and tech companies who may want to 'contribute capital and help govern the digital currency'
Facebook plans cryptocurrency launch in 2020 – BBC
'GlobalCoin' would work with a new digital payments system in about a dozen countries, starting in the first quarter of 2020, BBC says on its website
Plans for blockbuster cryptocurrency IPO shelved amid bitcoin slump
Bitmain Technologies says it allowed its IPO application to lapse 6 months after it was initially filed in September
Mark Karpeles: Bitcoin baron brought down with a bump
In many ways, the trajectory of Mark Karpeles mirrors the volatile rise and fall of the bitcoin currency itself
Coinhive cryptocurrency miner shutting down in March
All Monero mining operations using Coinhive will cease working after March 8, while users can still cash out using their dashboards until April 30
Cryptocurrency exchange loses $145 million as founder's death locks out investors
'After Gerry’s death, Quadriga’s inventory of cryptocurrency has become unavailable and some of it may be lost,' Cotten’s widow Jennifer Robertson says in an affidavit
Bitcoin falls below $5,000 for first time since 2017
The still-nascent sector is not completely transparent and analysts have struggled to understand what precisely prompted the latest drop
Cryptocurrency bitcoin marks 10 years
It's been nearly 10 years since bitcoin first came on the scene. Here's what you need to know about its development.
[OPINION] Can the PH be a crypto country?
Mainstream adoption may lower cost of remittances, extend financial inclusion to the unbanked, and accelerate digital commerce
Plastic surgeon buys top South Korea Bitcoin exchange
Singapore-based BK Global Consortium bought a 50% stake plus one share in Bithumb, the country's biggest virtual currency exchange, from shareholder BTC Holdings for about $353 million
$60 million in virtual currency hacked in Japan
Reports identify three types of cryptocurrencies stolen in the hack: bitcoin, bitcoin cash, and monacoin
NSA leak fuels rise in hacking for crypto mining – report
The Cyber Threat Alliance reports a 459% increase in the past year of illicit crypto mining – a technique used by hackers to steal the processing power of computers to create cryptocurrency
[ANALYSIS] The Philippines' cryptocurrency opportunity
Financial technology innovations that could well benefit the 'unbanked' and others who would benefit from greater access to capital could well be stymied by well-intended regulations in the Philippines
North Korean hacker group targets macOS with cryptojacking malware
Security firm Kaspersky Lab claims this is the first time that the cybercrime group, Lazarus, distributed malware that targets macOS users
Cryptominers dreaming of rebound after price crash
After last year's cryptocurrency boom, cryptomining profitability has significantly dropped in 2018
Hackers target smartphones to mine cryptocurrencies
Cryptocurrency mining is expensive. Some hackers are secretly exploiting phones to help them mine
Actual usage precipitates blockchain understanding, say entrepreneurs
Many understand the internet through applications such as email, social media, or video streaming. To understand blockchain, use it, get a cryptocurrency wallet, and try making a few transactions, say Brock Pierce and Serry Osmeña
Regulator unveils plan to monitor cryptocurrency threat
While the Financial Stability Board believes crypto-assets do not yet pose a material risk to global financial stability, it urges major economies to scrutinize cryptocurrencies due to a lack of solid data on their use
Russian intelligence agents allegedly used Bitcoin in U.S. election hack
'The use of bitcoin allowed the conspirators to avoid direct relationships with traditional financial institutions, allowing them to evade greater scrutiny of their identities and sources of funds,' the indictment reads
Cryptocurrency exchange Bithumb stops deposits, withdrawals after hack
Bithumb notices 35 billion Korean won ($31 million) in currency missing between Tuesday evening, June 19, and Wednesday morning, June 20
Bitcoin 'whales' and market manipulation, plus 3 more things in cybersecurity this week
From bitcoin's silently powerful minority directing the value of the cryptocurrency to cyberattacks against Singapore during the Trump-Kim summit, it's your weekly roundup of Cybersecurity news
Bitcoin 'whales' pulling cryptocurrency strings
Bitcoin 'whales' – a word popularly used for big money players in financial markets – 'literally control the currency,' says Bob McDowall, an expert in cryptocurrencies
Blockchain Association of the Philippines established
The association seeks to spread understanding and adoption of blockchain technology among Filipino entrepreneurs and fintech professionals
US SEC launches fake cryptocurrency 'sale' to educate about scams
'Fraudsters can quickly build an attractive website and load it up with convoluted jargon to lure investors into phony deals,' says Owen Donley, US SEC Chief Counsel
