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Nalezeno "David Marcus": 65

Meta Loses its Crypto Chief as Head of Novi Wallet David Marcus Steps Aside


Meta, the company formerly known as Facebook, has suffered another blow to its crypto plans after its head of blockchain and the co-creator of the Diem stablecoin project stepped down. On Twitter, David Marcus wrote that the decision to leave had been “difficult,” but that “my entrepreneurial...

Facebook Likely to Use Stablecoins Pegged to Fiat for its Libra Project


Facebook’s Libra project has been abuzz with new updates quite frequently in recent times. According to the recent reports dated October 20, 2019, Facebook is contemplating to utilize stablecoins pegged to a national currency for its digital currency Libra. Talking at a banking seminar, Facebook’s...

Despite a Row of Defections, Facebook Unveils its Crypto Libra


The recent row of defections by major global companies doesn’t seem to have deterred Facebook’s spirits. The leading social network giant, on Monday, has officially taken a step forward with its plans of creating its own cryptocurrency known as Libra. The Libra Association has signed up 21 members...

Visa, Mastercard, Ebay, Stripe Join Paypal in Leaving Libra


Most payment companies have now pulled out of Facebook’s Libra project. Visa, Mastercard, Ebay, and Stripe have followed Paypal in dropping out of the project amid regulatory concerns. The Libra Association has responded to the exodus of these companies. David Marcus, who is in charge of...

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