Switzerland Softens Tone on Libra After Ex-President Says Project ‘Failed’

The Swiss government has attempted to strike a more conciliatory tone on the Facebook-led Libra project, weeks after the country’s now-departed president called the project a failure. A government memo, seen by Bloomberg, emphasizes that the country’s regulators have not ruled out the possibility that Libra could one day receive their approval. Swiss officials will […]

Crypto News

Libra Has ‘Failed’ in Its Current Form Says Swiss Finance Minister

Libra, the much-scrutinized proposed cryptocurrency from Facebook (NASDAQ:FB), has “failed in its current form,” according to Swiss President and Finance Minister Ueli Maurer. Swiss President Critical of Libra Basket Maurer, who is in the final days of his year-long term as President of the Swiss Confederation, was speaking to the country’s national TV network SRF […]


Prominent Investor Says Bitcoin Has “Failed” As a Safe Haven: BTC Slips 5%

Over the past few months, Bitcoin (BTC) has been lauded by economists, investors, and commentators as an up-and-coming “safe haven” asset. You see, during a period of global turmoil, the cryptocurrency has managed to outpace effectively every other asset class in the books. Related Reading: Bitcoin Bull Run “Guaranteed”: Federal Reserve Expected to Cut Rates […]


Failed Crypto Projects Get Final Resting Place In Altcoins Graveyard

By CCN Markets: Failed cryptocurrencies can enjoy an eternal resting place after they’re sent off to an altcoins graveyard called ShitcoinGraveyard. The website is the brainchild of four Berlin-based crypto entrepreneurs and bitcoin bulls: Roman Kemper, CEO and chief gravedigger. Marten Rauschenberg, DAO mastermind. Yannick Eckl, marketing director. Christoph Klischa, chief financial officer. Kemper told […]