Facebook officially launches Libra despite defections

Facebook has officially moved forward with its plans to create a new digital currency called Libra, despite several high-profile defections from the project and intense criticism from US regulators and politicians. The Libra Association, the non-profit group that will govern the currency, officially signed 21 charter members on Monday at the organisation’s inaugural meeting in…

Hackers steal nearly £31 million in Bitcoin from online exchange

  Hackers have stolen nearly £31 million in Bitcoin from Binance, one of the world’s largest cryptocurrency exchanges, its chief executive has said. Binance said hackers were able to withdraw 7,000 Bitcoin (£30.9m) in one transaction after using “a variety of techniques, including phishing, viruses and other attacks”. The Japan-based exchange’s chief executive Changpeng Zhao,…