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PayPal is on the verge of quitting Facebook’s Libra project as three people familiar with the situation said it had pulled out of a key meeting in Washington on Thursday.
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The initial coin offering (ICO) is all but dead. In terms of money raised the total for 2019 should be around $338 million – or 95% less than in 2018.
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Some fintech products are helping to improve dramatically the spendability of decentralized digital money in a fiat-dominated world. There’s now a choice of crypto debit cards that will help you pay with BCH anywhere bank cards are accepted.
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In a little over two weeks, Hedera Hashgraph’s HBAR cryptocurrency has dipped from a high of $0.36 cents to around $0.03 as of press time. The blockchain-like network’s CEO now says he will re-evaluate the token’s economic model and potentially change HBAR’s distribution schedule to give the company time to reassess.
Kiffmeister’s Fintech Daily Digest 10/03/2019
