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Four agencies are investigating to QuadrigaCX
Ernst & Young (EY) is in the process of overseeing the bankruptcy process of the exchange of cryptocurrencies canadian, QuadrigaCX, to monitor that the assets are used to return to investors the funds placed in your platform. In a document written by George Kinsman, the employee of Ernst & Young commissioned by the court to monitor the implementation of the bankruptcy, details that on the exchange there would be four simultaneous investigations. As well, the Royal Canadian Mounted Police, the FBI, the Agency of Research of Australia, along with other agency is not disclosed in the document, they would be investigating to QuadrigaCX, a company that collapsed after its CEO and only employee, Gerarld Cotten, died at the beginning of this year.
Facebook launches hunt for bugs on Pound reward maximum of $ 10,000
It has become common within the technology industry with the launch of hunts for bugs, with the goal that people outside the company try to detect faults in the programming of their products, in exchange for a monetary reward, allowing the same to be repaired, avoiding the malicious use of these gaps. Now Facebook would be doing the same with the launch of a hunt for bugs on your virtual currency, Pound, with a reward maximum of $ 10,000, which has been a measure unanimously held. The launch of this hunt would be a positive measure from a political point of view also, as it would generate greater confidence on the project, which would have already begun to generate doubts even within the member companies of The Pound Association.
Chain pharmacies venezuelan accept cryptocurrencies
It is well-known as the economic difficulties which crosses Venezuela have led to the citizens of this country to seek alternatives to their local currency, the Bolivar, facing inflation of more than 1,000,000 % a year to shed their capital in currencies hard as the dollar, and cryptocurrencies. This has led to several businesses in the caribbean country to start accepting cryptocurrencies as a means of payment for their goods and services, with Dash and Bitcoin the most traded in Venezuela. Now, one of the pharmacy chains largest in this country, FarmaMarket, announced that it will begin to accept Dash as a currency in 22 of their establishments, thanks to a partnership with Panda in Exchange for the use of its point-of-sale for Dash, XpayCash.
Calibra is building a team to handle legal problems of a Pound
Since its announcement by Facebook, the virtual currency Pound has faced a wave of scepticism on the part of governments around the world, who have sought to stop its release, or to establish regulations to control or prohibit in their countries. This attitude should be especially afraid of the various governments against the financial power of this currency would give Facebook, and that could threaten their economies, or the monopoly of its States on the monetary policy. To defend against this situation, Calibrates, the organization that is responsible for the oversight of the virtual currency, this forming a team of professionals, especially legal experts, able to defend Pound of the attacks against it. The following two tabs change content below. Student of International Studies, interested in issues of economy and international politics. Passionate about the progress of the Fourth Industrial Revolution in general and the cryptocurrencies in particular.