July 2019

Bitcoin falls sharply as Fed’s Powell flags ‘serious concerns’ about Facebook’s cryptocurrency

July 11th, 2019|Tags: , , , , , , , , , , , , , , , , , |

Managed to get this shot about halfway through my hike the other day. I peaked the trail I was on to discover a deserted reservoir, not a person in sight. Ended up jumping the wall surrounding it to shoot some stuff, resulting in this image. Luke.x

Bitcoin is sliding after Federal Reserve Chairman Jerome Powell poured cold water on Facebook’s plans to launch a cryptocurrency.

Original article

Facebook’s Libra Project Is Getting Hammered From All Sides, With Fed Chair Raising ‘Serious Concerns’

July 11th, 2019|Tags: , , , , , , , , |

Facebook’s already-troubled Libra cryptocurrency project, which has already run into significant opposition among the U.S. House Committee on Financial Services and the Senate Banking Committee, is running headlong into further resistance from regulators.

Original article