Daily issue #31: ETH Gains, Uber Belives in BTC, FB £500k Fine
Dear Steemians,
your daily, manually selected, three special news to make your chitchat always up to date!
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Ethereum Price: Gains Over Bitcoin Don’t Negate USD Setback
The cryptocurrency markets are still not in a good place right now. All of the top currencies have lost a fair amount of value in the past few days. Even though the Ethereum price went in the green some time ago, it has fallen below that threshold once again. Maintaining a value of $435 will be very challenging.
Uber Angel Investor Believes Bitcoin Will ‘Solve Biggest Problems With Fiat’
Early Bitcoin investors continue to bet on Bitcoin’s potential. For example, angel investor Jeffrey Wernick started investing in the “the currency of the people,” as he calls it, in 2009. Wernick believes that Bitcoin’s formidable power resides in the fact that its value “comes from its ability to solve the biggest problems with fiat money.”
Facebook Faces £500,000 Fine From Cambridge Analytica Scandal
Britain’s data watchdog intends to fine Facebook £500,000 for breaches of the Data Protection Act.The Information Commissioner’s Office said the social media firm broke the law by failing to safeguard people’s information and failing to be transparent about how people’s data was harvested by others. Facebook has a chance to respond to the Commissioner’s Notice of Intent, after which a final decision will be made.
CREDITS: Photo by Les Anderson