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75 Companies Back Facebook Libra’s Competitor Celo
7.5.2020
Celo, a competing project to Facebook’s Libra cryptocurrency, has added 50% more new members to its alliance, bringing the total number of supporting organizations to 75. Some Celo members are also supporters of the Libra project, such as Coinbase Ventures, Anchorage, and Andreessen Horowitz....
Facebook Libra Redesigned: New System and Cryptocurrency to Comply With Regulations
17.4.2020
Facebook’s Libra cryptocurrency project has undergone major changes. A number of key areas have been redesigned, including the payment system, the Libra cryptocurrency, and the addition of new single-currency stablecoins. The changes largely aim to comply with regulatory requirements. Also...
50 Companies Back New Cryptocurrency Project Competing With Facebook’s Libra
13.3.2020
Some members of the Libra Association are now backing a rival project called Celo, which has its own blockchain and cryptocurrency. Over 50 major companies have pledged their support, each pursuing a diverse set of use cases. The project claims that the combined reach of all members exceeds...
Popular Smartphone Apps Are Adding Crypto Capabilities
20.9.2019
News of Japan messaging giant Line’s September 17 launch of an app-connected crypto exchange is captivating lots of attention in the crypto and tech industries this week. Other initially non-crypto apps are also entering the market, adding native tokens, tipping functions and cryptocurrency...
The Swiss Are Onto Something: Facebook, Libra and the Case for Decentralization
4.7.2019
A recent letter from the U.S. House of Representatives to social media giant Facebook has crypto users speculating feverishly. The implications of the letter, and Calibra CEO David Marcus’ recent response, will inform the future of money not only in America, but worldwide. House Chairwoman...
Market Outlook: After Crypto Prices Tumble, Observers Weigh in on What’s Next
27.6.2019
Bitcoin and a large number of cryptocurrencies experienced a sharp crash after touching new price highs this year. On June 26, the price of bitcoin core (BTC) dropped from $13,850 to under $11,900 in less than an hour. BTC values against the USD continued to spiral on Thursday, dropping to $10,350...
Ahead of the Facebook Coin Announcement: How it May End Up?
15.6.2019
After months of speculation and rumour, not only the cryptoworld is waiting for the next week when social media giant Facebook is estimated to announce its new payments system and digital token.
Some reports claim it might happen on June 18. However, the coin itself might be launched in a dozen...
Facebook Coin Raises Over USD 120M from Visa, PayPal and the Like
14.6.2019
Social media giant Facebook has reportedly managed to find more than a dozen companies that will invest in its payments project, Libra, around USD 10 million each.
Venture capitalists, financial, e-commerce, telecommunications companies such as Visa, Mastercard, PayPal Holdings and Uber...
Bitcoin Cash Price Analysis: Upcoming Facebook Coin Poses Existential Threats to Bitcoin Cash
12.6.2019
Facebook’s Global Coin may pose existential risks to Bitcoin Cash- experts. The 2019 goal remains unchanged at $850. As the whole crypto market is growing, many new coins are joining the race every month. No big firm wants to be left out from this growth story. The most talked about the upcoming...
Existing Cryptos Could Gain Most from Facebook Coin - Caitlin Long
10.6.2019
Caitlin Long. Source: A video screenshot, Youtube/ReasonTV
Bitcoin and blockchain advocate, 22-year Wall Street veteran Caitlin Long has made a series of revealing predictions about the future of Facebook’s forthcoming digital token – stating she believes existing cryptocurrencies stand to benefit...
Facebook Coin to be Unveiled in June, 'Nodes', ATMs Coming - Report
6.6.2019
Social media giant Facebook is expected to unveil its digital token this June and is looking for outside backers that would act as "nodes" of this new coin network, The Information reported, citing undisclosed people briefed on the plan.
The social network has talked to dozens of financial...
Survey Just Showed a Use Case for Facebook Coin
29.5.2019
18% of surveyed adult Americans would be interested in investing in a Facebook created digital token, and majority of these are looking to use it on the Facebook Marketplace.
The online survey of 1,000 Americans was commissioned by personal finance education website LendEDU and conducted...
Telegram's TON Comes in Q3, Facebook Coin - in 2020 - Reports
24.5.2019
Messaging app Telegram might launch its blockchain ecosystem project Telegram Open Network in Q3 of this year, while Facebook's digital payments system aims to debut in about a dozen countries by Q1 of 2020, according to media reports.
The testing at Telegram confirmed that its blockchain...
Facebook Coin to Compete with PayPal, Credit Cards, Not With Cryptos
12.5.2019
Juan Villaverde is an econometrician and mathematician devoted to the analysis of cryptocurrencies since 2012. He leads the Weiss Ratings team of analysts and computer programmers who created Weiss cryptocurrency ratings.
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Crypto enthusiasts are fired up with the news that the world’s...
Visa Inc. Dips Full-throttle into Crypto, Another Startup Launches a Crypto Debit Card
19.3.2019
Things are turning for the better in the crypto industry as traditional major companies are adopting blockchain technology one way or the other. Payments giant Visa Inc. has set up a cryptocurrency unit and is already looking for the right […]
The post Visa Inc. Dips Full-throttle into...
More Capital Flows to the Crypto Sector as Bloomberg Suggests that Bitcoin is Running out of Steam
14.3.2019
A Bloomberg Intelligence analyst believes that Bitcoin’s recent momentum may be running out of steam, resulting in another sell-off and price plunge. Crypto futures exchange CoinFLEX has garnered financial support from two crypto venture firms and added more big names […]
The post More...