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Facebook’s Libra Project Launches Bug Bounty With $10,000 Max Reward
27.8.2019
The Libra Association will pay up to $10,000 to independent security researchers who find bugs in the Libra blockchain
Facebook’s Calibra Is Building a Compliance Team, Searching for Sanctions Lead
27.8.2019
The Calibra wallet team is looking for more compliance professionals
Libra’s Early Backers are Considering to Withdraw their Support Due to Growing Pressure from Regulators
23.8.2019
Recently, three of Facebook‘s initial sponsors for its scheduled Libra stablecoin launch are thinking about withdrawing their support, taking into consideration the aggressive regulatory response. A recent report from the Financial Times states that the two establishing partners...
Facebook-owned WhatsApp Looks to Launch Digital Payments in Indonesia
21.8.2019
WhatsApp is reportedly looking to partner with local firms to launch digital payments in Indonesia
Facebook Isn’t Behind the First Incubator for Libra Crypto Developers
20.8.2019
With $125,000 committed to a virtual bootcamp in November, Libracamp is incubating development on Facebook's Libra testnet
PR: Remco – Powerful Distributed Token Generating Platform
12.8.2019
remittancetoken.io – Token-Generating Platform for Money Transfer currently trading on Digifinex has announced it's sponsoring blockchain Finance Lagos conference event in Africa's largest market, Nigeria. Offering free flight ticket and accommodation to the qualified speakers.
The post PR: Remco...
Regulators Across Globe Ask Facebook to Provide Information on Data Security
6.8.2019
The watchdogs across the world have asked Facebook to provide more transparency about its proposed cryptocurrency Libra. The combined action has been taken by the Information Commissioner office of Australia (OAIC) and Office of Information Commissioner of UK (ICO). And they are supported by...
MasterCard is Looking for Twenty-Eight Crypto-Experts for Hiring
5.8.2019
MasterCard is focusing on building its own crypto team. Recently, it has posted job openings for 28 crypto experts for the same. The platform offers credit card, prepaid card & debit card payment services to its huge user-base. The new plan to create a crypto team will have its ‘blockchain...
Facebook will Refrain from Launching Its Crypto Libra until Necessary Approvals are Acquired
16.7.2019
The discussions and debates around Facebook’s ambitious cryptocurrency project Libra never seem to come to an end. It is a well-known fact that Facebook has faced a lot of flak from policymakers, globally, citing data privacy, money laundering, security, consumer protection, and other illegal usage...
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
How US ‘Keep Big Tech Out of Finance’ Draft Bill Targets Facebook’s Libra
14.7.2019
Facebook’s digital currency plans have caused concern among bureaucrats worldwide and members of the U.S. government seem fearful of a giant tech establishing itself as a financial institution. Prior to the U.S. congressional hearings and the upcoming G7 finance meeting, a U.S. discussion...
Libra is a Red Herring. Facebook's Main Game is Calibra
14.7.2019
Calibra has little to do with the ideals behind blockchain. The digital wallet is more like a traditional bank account.
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Amid the hype around Facebook’s plan to launch its own digital token, Libra, there’s one big question. How is the company going to profit...
Facebook Is Seeking an Economics Researcher for Its Calibra Wallet
12.7.2019
Facebook is continuing to grow the team for its Libra cryptocurrency project with the hiring of a new economics researcher
Top-6 Issues Experts/Entities Have With Libra
11.7.2019
Libra faces intense scrutiny as lawmakers and industry experts highlight its potential risks
How 10 Countries Respond to Facebook’s Libra Cryptocurrency
11.7.2019
A growing number of governments have responded to Facebook’s cryptocurrency plans including China, France, India, Japan, South Korea, Russia, Singapore, Thailand, the U.K., and the U.S. Several intergovernmental organizations have also weighed in such as the European Central Bank and the Bank...
Fed Chair Says Facebook Needs to Satisfy Regulatory Concerns Regarding Libra
10.7.2019
The chair of the Federal Reserve said Facebook needs to address a number of concerns thoroughly and carefully before it can move forward with Libra
Facebook Says It Won’t Launch Crypto in India Due to Regulatory Issues
10.7.2019
Facebook reportedly said that current regulatory restrictions mean it has "no plans" to launch its digital wallet service and crypto in India
Facebook’s David Marcus Assures Congress That Libra Will Cooperate
10.7.2019
Facebook’s David Marcus has written a letter to Maxine Waters and other members of the House Financial Services Committee to address concerns surrounding Libra
Central Bank Executives Of Europe Demand Rapid Regulatory Action For Facebook’s Libra
8.7.2019
Facebook’s ambitious and much-talked-about cryptocurrency Libra never fails to keep the crypto community abuzz. Whether it is about its whitepaper release or regulatory concerns, Libra is almost always in the news. The latest update doing the rounds, as reported by Bloomberg on 7th July 2019,...
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...