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Shopify Joins Libra While Quitter Vodafone Advertises Bitcoin on Facebook
24.2.2020
Facebook’s coin project, Libra, continues to draw attention despite setbacks, including a shrinking pool of backers and a growing number of worried regulators. But now with JP Morgan seeing potential for the social network’s cryptocurrency and e-commerce giant Shopify joining the Libra...
JP Morgan CEO Says Facebook’s Crypto Project Libra “Will Never Happen”
21.10.2019
Jamie Dimon, CEO of JP Morgan Chase, has voiced his opinions on Facebook’s ambitious and much-talked-about digital currency project Libra. In Dimon’s words, Facebook’s digital currency project Libra is a neat idea that will never happen. He, however, refrained from elaborating on the reasons behind...
Paypal Exits Libra – Mastercard and Visa May Follow
6.10.2019
Facebook’s ambitious financial inclusion project, Libra, continues marching forward in spite of mountainous regulatory obstacles, but key members of the Libra Association are having doubts and dropping out. Paypal has now reportedly left the group due to regulatory concerns. Libra...
Bitcoin’s Scaling Problems Forced Facebook to Launch Libra
8.9.2019
If it wasn’t for Bitcoin there would be no Libra. That much is self-evident, since Satoshi’s creation laid the groundwork for every crypto asset that’s followed. The extent to which Bitcoin was responsible for spawning Facebook’s currency has now been made brutally clear...
Coinbase’s Ex-Policy Head Will Lobby for Facebook Amid Libra Crypto Pushback
27.8.2019
Facebook has hired a lobbying firm led by a former head of policy at Coinbase amid regulatory pushback from U.S. lawmakers over its Libra project
Cryptocurrency Patent has been applied by Walmart, which has the Similarities of Facebook Project Libra
3.8.2019
Walmart, the world’s largest retail giant by employees and revenues, registered for a patent for its cryptocurrency. This move seems to be an attempt to gain an edge against Amazon with an end goal to hold control over retail and comes not long after Facebook’s entrance into project...
US May Bar Large Tech Firms From Issuing Cryptocurrencies
15.7.2019
Lawmakers in the U.S. are discussing a bill that seeks to prevent large technology institutions in the country from issuing cryptocurrencies
The Best Responses to Donald Trump’s Claim That Bitcoin Is Backed by ‘Thin Air’
12.7.2019
The cryptosphere was rubbing its hands with glee when U.S. president Donald Trump fired off a typically cantankerous tweetstorm on June 11 in which he took aim at Bitcoin, cryptocurrencies and Libra. Bitcoiners relished the sudden attention directed towards their sphere from the president’s...
US House Of Representatives Expresses Doubts On Facebook’s Libra Project
28.6.2019
The ambitious cryptocurrency project of Facebook, Libra immediately got surrounded by questions on privacy soon after it disclosed its plan to launch. The director of FinCEN, Kenneth Blanco, questioned about the potential usage of Libra in money laundering, criminal financing, and other unlawful...
8 Irate Quotes From Officials Who Hate Facebook’s Digital Currency
27.6.2019
The best thing about Facebook’s proposed digital currency isn’t its BTF consensus algorithm, account-based data model or single Merkle tree structure. No, the greatest thing about Libra has to be the triggered reactions from politicians and bankers who can sense the rug being pulled...
“Libra Neither Has Block nor Chains: FT Alphaville”, Enough to Stir up a Reaction from Facebook
20.6.2019
To start with here is an excerpt from Libra’s White Paper: The Libra Blockchain is pseudonymous and allows users to hold one or more addresses that are not linked to their real-world identity. This approach is familiar to many users, developers, and regulators. The Libra Association will oversee...
How Facebook’s Libra Crypto Platform Will Revolutionize Mass Adoption Of Cryptocurrencies? [Part I]
19.6.2019
The launch of Facebook’s Libra cryptocurrency is expected to be the second biggest event in the history of digital assets, the first being the launch of Bitcoin’s genesis block in 2009. The social media giant has a user base in access of 2 billion, spread across several countries. Libra,...
Binance Research Provides a First Look at Libra, Facebook’s New Crypto Project
18.6.2019
Binance Research, the market research, and analysis arm of global cryptocurrency exchange, Binance, discusses Libra, Facebook’s first cryptocurrency, from a technical and analytical perspective along with the potential impacts of this new entrant to the market. Binance Research’s report “First...
Project Libra: What We Know About Facebook’s Forthcoming Cryptocurrency
13.6.2019
You will soon be able to mine Facebook’s cryptocurrency — if you have $10 million spare
Facebook holds discussion with CFTC regarding its upcoming crypto project
3.6.2019
It is a well-known fact now that Facebook is preparing to launch its own cryptocurrency in the market very soon. The company has been busy in the preparation and consulting a large number of stakeholders which could impact the future of its stablecoin. Right from holding a series of discussions...
Facebook Holds Talks With CFTC Over GlobalCoin Cryptocurrency: Report
3.6.2019
Facebook has started discussion with the U.S. CFTC over potential regulatory issues over the social media giant's crypto stablecoin initiative
Facebook Reveals Plans of Launching Its Cryptocurrency ‘GlobalCoin’ in 2020
24.5.2019
As per the latest reports doing the rounds since today morning, Facebook is all set to introduce its own digital currency next year. The crypto referred to as ‘GlobalCoin,’ is most likely to hit the market in the 1st quarter of 2020 officially. If everything goes according to the social networking...
Facebook’s Crypto Project Experiences Major Problems
20.5.2019
The much loved social media platform, Facebook has been facing the blues since quite some time now. Its privacy issues being the primary problem has been garnering the social network all the negative attention. The result of all this seems to be creating major roadblocks to Facebook’s secret...
Facebook’s Secret Project Libra: Is It Going To Launch Stablecoin-Based Payments Network?
15.5.2019
According to a report published by the Wall Street Journal, Facebook’s much-awaited Stablecoin will focus on brand new payments network. The blockchain initiative called Project Libra will internally implicate a Stablecoin which will be backed by government currency. The report can be read...
US Senators Seek Information on Facebook’s ‘Libra’ Crypto Project
10.5.2019
The U.S. Senate Banking Committee wants to know more about Facebook's crypto project