"Innovation, data leaks and lawsuits" January 3, 2020

Today's blockchain and cryptocurrency news

Bitcoin is up 3% at $7,327
XRP is up 1% at 19 cents
and Ethereum is up 2% at $132

Top gainers in the last 24 hours:
Ethos, up 79%
Loom Network up 24%
Particl up 22%
Moeda loyalty points up 15%

Venezuelan President Nicolas Maduro is selling oil and gold for his cryptocurrency the Petro.

The ECB is urging European banks to come up against Facebook’s Libra with an even cheaper payment solution

The SEC is saying that Telegram refuses to turn over bank records related to the GRAM sale

Poloniex is in the news after refuting a data leak.

• Venezuela to sell oil and gold for petro cryptocurrency, says Maduro - The Block
• Crypto exchange Poloniex denies data leak after resetting passwords for some users - The Block
• Crypto fund has sued law firm Faegre Baker for ‘erroneous’ legal advice - The Block
• Telegram refuses to share 'bank records' related to its token sale, says SEC - The Block
• ECB official urges European banks to counter Facebook’s Libra with a cheaper payment solution - The Block