Cryptocurrency News Today: Moonday Mornings: Russia’s security agency reportedly linked to $450M cryptocurrency loss
Here’s what went down.
1. According to a BBC Russia investigation, the country’s Federal Security Service (FSB) could be behind the disappearance of $450 million worth of Cryptocurrency from Russia-based asset exchange WEX, The Moscow Times reports. The exchange’s CEO was allegedly forced by the FSB to hand over customer data. The report says this data was then used to steal Cryptocurrency that was worth over $450 million at the time.
2. Despite continually butting heads with law makers and regulators, Facebook’s ‘Cryptocurrency’ project Libra is still moving forward. According to a blog post on the Libra developers page, community devs have deployed 34 projects to the Libra testnet including 10 wallets, 11 Blockchain explorers, and one API. Whether this will come to anything, though, remains to be seen as Libra is still yet to appease global financial regulators.
3. At some point over the past week or so, the number of Bitcoin ATMs operating around the globe surpassed 6,000. There are now 6,003 Bitcoin ATMs, according to CoinATMRadar. Back in June, the number of Cryptocurrency ATMs passed the 5,000 barrier. If this trend continues, the number of crypto ATMs in the world will pass the 10,000 mark in the next couple of years.
4. Democratic presidential candidate Andrew Yang has vowed to better regulate Cryptocurrency if he is elected, this