Dormant Bitcoin whale holding 80K BTC could crush the market, analysts warn

Cryptocurrency analysts have warned that early adopting Bitcoin whales still have “plenty of clout” when it comes to dictating market prices. Those behind Twitter-based transaction monitor @whale_alert have noted that an apparently dormant Bitcoin address houses almost 80,000 BTC ($750 million), and if the owner decides to sell them all, it could spell utter devastation for the industry. “That address alone — if that is actually a whale who’s been holding their coins for so…

"Dormant Bitcoin whale holding 80K BTC could crush the market, analysts warn"

Libra, Facebook’s global digital currency plan, is fuzzy on privacy, watchdogs warn

Privacy commissioners from the Americas, Europe, Africa and Australasia have put their names to a joint statement raising concerns about a lack of clarity from Facebook over how data protection safeguards will be baked into its planned cryptocurrency project, Libra. Facebook officially unveiled its big bet to build a global digital currency using blockchain technology in June, steered by a Libra Association with Facebook as a founding member. Other founding members include payment and tech…

"Libra, Facebook’s global digital currency plan, is fuzzy on privacy, watchdogs warn"

President says Islam in Indonesia is 'tolerant.' Rights groups warn of rising fundamentalism

In his first international television interview since being re-elected in May, Indonesian President Joko Widodo denied being concerned about the rise of fundamentalism in his country, saying that the Islam practiced there is tolerant and progressive. CNN news: Source link

"President says Islam in Indonesia is 'tolerant.' Rights groups warn of rising fundamentalism"