Key Libra Association Members Support Rival Celo Alliance
Key members of the Facebook-led Libra association are now supporting a potential rival of the project: the Celo Alliance which is looking to issue the […]
Steve Mnuchin, U.S. Treasury Secretary ‘Okay’ With Facebook’s Libra
Steve Mnuchin, the secretary of the U.S. Treasury, has revealed he is “fine” with the launch of the Facebook cryptocurrency Libra, as long as it […]
‘Facebook Pay’ Goes Live in the U.S. – Details
Facebook announced the launch of “Facebook Pay”, on On Tuesday November 12th. This Facebook pay will simplify payments across Facebook’s four social media platforms, i.e. […]
Libra Association Advances, Member Organizations’ Loss Notwithstanding
The Libra Association held an important meeting in Geneva, Switzerland in order to establish a formal governance structure. This article presents the highlights of this meeting. […]
Facebook’s Libra Nodes Go Live on ‘Pre-Mainnet’ – Details
Facebook’s Libra developers have released a new roadmap outlining steps toward its mainnet launch. The revelation from the Libra Foundation published on October 2nd 2019 highlights […]
Swiss Privacy Regulators Say Facebook Not Responding To Libra Letter
Swiss privacy regulators said that social media giant Facebook has not yet responded to requests for more liaison. According to Reuters , the Swiss Federal […]
Facebook Battling Fake Libra Advertisements
Many fake Libra accounts have sprung up online even on Facebook itself. According to a report by The Washington Post on July 22nd, nearly a dozen […]
Some Comments From Libra Hearing at US House of Representatives
The United States House of Representatives Financial Services Committee invited Facebook’s David Marcus yesterday July 17th. Marcus, the CEO of the Calibra wallet service for […]
Watch Facebook’s Libra Hearing at the House Financial Services Committee
Yesterday, the 17th day of July 2019, the U.S. House Financial Services Committee spoke with Facebook executive David Marcus on the social media giant’s proposed […]
David Marcus Tells Congress That Libra Will Cooperate
The head of Calibra at Facebook, David Marcus, has written to Chairwoman Maxine Waters and members of the House Financial Services Committee in preparation for the upcoming […]
David Marcus Of Facebook Addresses Libra Trust Issues
The head of Calibra at Facebook, David Marcus, said that Libra users will not have to put their trust in Facebook. He said this in a post on […]
Teck Chei Says Facebook Libra Is Increasing Public Awareness On Crypto
Teck Chei, partner at Binance Labs, said he sees Facebook’s Libra Project as a step forward for increasing crypto awareness. Chei said: “I think having […]
Facebook’s Interest In Cryptocurrency Poses Risks To Banks
The Bank of International Settlements (BIS) warned that the financial services about to be offered by firms like Facebook, Google and Amazon could generate new […]
Facebook’s Libra Will Not Be Legalized In Russia – Top Official
A top official in Russia has said that Facebook’s planned new cryptocurrency Libra will not be legalized in Russia. This is according to a report […]
‘Why Facebook’s Libra Is Important for Crypto Space’ – Novogratz
During a phone interview with CNBC’s morning news and talk program “Squawk Box”, Mike Novogratz, a former Goldman Sachs partner, as well as Founder and CEO […]
Facebook told to pause Libra crypto-currency project
A US lawmaker said Facebook should pause the launch of its Libra crypto-currency. This is coming hours after the social network formally announced the project. […]
Bank of England Governor says Facebook libra cryptocurrency has its uses
The head of the United Kingdom’s central bank has said Facebook’s new libra cryptocurrency could useful if it can conform to regulatory demands. Speaking at a conference of central bankers in […]
Critics Come For Facebook’s Libra – Details
Cryptocurrency critic, Nouriel Roubini on Tuesday denounced Facebook’s Libra stablecoin. Just hours after Facebook published its Libra white paper, the respected New York University economics professor […]
Facebook Releases White Paper For Libra Cryptocurrency
Facebook has released the white paper for its long-awaited cryptocurrency and blockchain-based financial infrastructure project today, June 18. As per the white paper, Facebook’s global stablecoin, named “libra,” […]
Cryptocurrency Experts Aren’t Worried About Facebook’s Cryptocurrency Libra
Cryptocurrency experts have been revealing that they are not worried about Facebook’s new stablecoin, set to be named Libra via their various social media handles. […]
Facebook Crypto Project Seals Deal With Visa, Mastercard, Paypal, Uber
Facebook Crypto Project Deal– Facebook has allegedly sealed deals with some firms including Visa, Mastercard, PayPal and Uber for its forth coming cryptocurrency project. The news was reported by […]
Facebook GlobalCoin Details Accidentally Licked !
According to reports from German magazine WirtschaftsWoche, Facebook’s head of financial services and payment partnerships for northern Europe, Laura McCracken, accidentally let slip key details […]
More Than 100 Staff Reportedly Working On Facebook’s Crypto Project
Report has it that there are now 100 people known to be working on Facebook’s crypto project via profiles on professional networking platform LinkedIn. Facebook […]
Billionaire John De Mol Sues Facebook Over Fraudulent Bitcoin Ads
A Dutch billionaire, John de Mol, has recently sued Facebook over fraudulent bitcoin ads that showed him next to quotes about how much money he […]
Facebook To Make Announcement On Cryptocurrency Project This Month
Facebook will reportedly announce its cryptocurrency project this month and will allow employees to take part of their salary in the coin. Citing a report by The […]
Facebook Planning to Launch ‘GlobalCoin’ Come 2020
Facebook Planning to Launch ‘GlobalCoin’ Come 2020 Facebook is planning to launch its own cryptocurrency dubbed “GlobalCoin” and crypto-powered global payments network called “Project Libra” […]
Facebook Drops Crypto-Related Ad Ban – Details
Facebook Drops Crypto-Related Ad Ban – Details Facebook is going mild on its ad ban for a number of cryptocurrency-related products and offerings. In a […]
Facebook Stablecoin Wants To Rule Online Payments Market
Facebook Stablecoin Wants To Rule Online Payments Market Facebook’s interest in crypto has been a topic of discussion. The fact notwithstanding that Facebook has not […]
Christian Catalini, MIT Professor Reportedly Working on Facebook Coin
Christian Catalini, MIT Professor Reportedly Working on Facebook Coin Christian Catalini, Massachusetts Institute of Technology professor is on leave and working on the development of […]
Facebook Earned $5 Billion in China Where It’s Banned within a Year
Facebook Earned $5 Billion in China