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Twitter CEO Dismisses Facebook’s Libra Project as a ‘Gimmick’


Jack Dorsey. Jack Dorsey, the CEO of Twitter, has launched a scathing attack on rival social media platform Facebook’s Libra plans. Dorsey was speaking at a Twitter event held in New York, and was asked about the possibility of Twitter joining the Libra Association – with Facebook representatives...

Bakkt Announces Bitcoin Options After Record-Breaking Futures Volumes


On October 23, Bakkt’s physically-settled bitcoin futures contracts touched an all-time high with 640 BTC ($4.8 million) swapped on the exchange. Coincidentally, the futures action started after BTC prices plummeted to $7,365 across global exchanges. After the record-setting day, Bakkt...

Facebook Soared on CEO Testimony, While Bitcoin Nears Death Cross


Facebook’s CEO Mark Zuckerberg testified in the U.S. Congress yesterday, and the Wall Street seems to have liked what he had to say. On the other hand, the cryptocurrency market crashed right before the hearing, and bitcoin (BTC) price is on its way to a death cross. While the regulators’ response...

These Are the Main Things Facebook CEO Mark Zuckerberg Told Congress


Mark Zuckerberg during the hearing on October 23. Source: a video screenshot, Youtube Mark Zuckerberg, founder and CEO of social media giant Facebook, swore that the Libra Association is an independent organization and that Facebook would leave this project if it decided to launch the Libra token...

This Is How Facebook CEO Contradicts Himself in Libra Testimony


Mark Zuckerberg. Source: a video screenshot, Youtube, CNBC Television Facebook's statements often, intentionally or not, make people either confused about the company’s plans, or make them wonder if the company has clear plans at all. This time around, speaking about Libra token, CEO Mark...

JP Morgan CEO Says Facebook’s Crypto Project Libra “Will Never Happen”


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...

Ripple Has USD 305 Million in Cash and Makes '30 Deals a Week' - CEO


The CEO of Ripple, a California-based blockchain startup focusing on payment technologies, Brad Garlinghouse, had three interesting statements to share in a recent interview: the amount of cash Ripple has in the bank, the number of deals it makes a week, and the CEO’s opinion on Facebook’s Libra....

Apple’s CEO Meets Chinese Regulator Following Hong Kong App Affair


Tim Cook, Apple’s CEO recently met the head of the Chinese market regulator a week after it removed an app that had drawn China’s ire. Last week, Apple had found itself in the middle of the political crisis regarding China and Hong Kong. An app named HKmap.live, that had been available in the Apple...

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