Facebook Wants WhatsApp Stablecoin to be Listed

According to New York Times, Facebook are talking with exchanges regarding list of upcoming token
01 March 2019   271

According to The New York Times, Facebook has negotiated with various cryptoexchanges about listing its own stablecoin.

According to informed sources, the staff of the world's largest social network told the representatives of the exchanges that the launch of stablecoin was planned in the first half of this year. At the same time, a new asset will be tied to dollars, euros and other national currencies held in Facebook bank accounts.

The information that Facebook is developing stablecoin for WhatsApp messenger users appeared in December last year. At the same time, it became known that the social network is working on the concept of custodial solutions for currency reserves at the base of stablecoin.

Hacked Zaif Exchange to Resume Operations

It was hacked in September last year,  about $60 million in cryptocurrency was stolen from its platform
22 April 2019   88

Japanese cryptocurrency exchange Zaif announced that it will complete the transition from the Tech Bureau to the Fisco Digital Asset Group (FDAG) on April 22 and resume normal operation the next day, Cointelegraph reportes.

In September last year, the exchange underwent a hacker attack when about $ 60 million in cryptocurrency was stolen from its platform, including Bitcoins, Bitcoin Cash and Monacoin. As part of the compensation plan to users, FDAG exchange acquired a large stake in Zaif business and transferred to the Tech Bureau over $ 44.6 million.

According to an earlier announcement of the exchange, 40% of the lost funds will be compensated to users by Fiat, and the remaining 60% - to the cryptocurrency, which will be available for withdrawal on April 23.