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Facebook ‘Too Powerful’ to Run Libra Without Rules, Says Democratic Senator

By CCN Markets: Facebook has too much power to engage with a cryptocurrency, a United States senator has warned, days after the social media giant launched Libra. Sherrod Brown, a Democratic senator from Ohio, told Bloomberg TV that the public has increasing concerns around the social network. Facebook is too big and too powerful. I […]

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US Traders Beware: IRS Prepares Notices after Identifying Crypto Tax Evaders

By CCN Markets: U.S. citizens who have failed to report their income from crypto transactions or underreported such income now have every reason to worry. According to Bloomberg, the Internal Revenue Service has identified a couple of taxpayers who underreported their earnings from crypto income or completely failed to report such earnings. Taxpayers who have […]

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Watch Volkswagen's ID.R set an electric record at Nürburgring

Earlier this month, after lots of planning and testing, Volkswagen's electric ID.R racer set a record for "the fastest lap ever driven in an emission-free racing car" at the famed Nürburgring-Nordschleife. An in-car video proving the record was… Source: engadget

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Facebook Libra’s Dirty Secret: Blockchain Company Claims New Big Blue Jacked Their Model

By CCN Markets: Blockchain company Hedera took an ad out in this morning’s Wall Street Journal thanking Facebook for flattering them with their copycat governance model. The ad reads: “Thank you Facebook Libra. Imitation is the sincerest form of flattery.” Facebook: Stealing Logos and Governance Models Since 2018 The move brings to mind Apple’s 1981 […]

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Libra’s Dirty Secret: Blockchain Firm Claims Facebook Stole its Crypto Model

By CCN Markets: Blockchain company Hedera took an ad out in this morning’s Wall Street Journal thanking Facebook for flattering them with their copycat governance model. The ad reads: “Thank you Facebook Libra. Imitation is the sincerest form of flattery.” Facebook: Stealing Logos and Governance Models Since 2018 The move brings to mind Apple’s 1981 […]