2019-7-4 03:35 |
Facebook’s David Marcus addressed trust concerns surrounding the Libra cryptocurrency in a recent post
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As Facebook undergoes an onslaught of criticism for its practices, questions surrounding the launch of its Libra digital currency continues to mount. Given that cryptocurrencies have been designed to circumvent the problem of trust, can Facebook do anything to overcome its issues relating to privacy? The furor over Facebook and its exploitation of user data […] The post As Facebook Faces New Inquiry, Libra Looks Unlikely to Earn Public Trust appeared first on BeInCrypto.
2019-12-4 23:14 | |
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The head of Facebook’s blockchain group, David Marcus, wrote a Facebook post in which he talks about Libra two weeks after releasing it. In this post, Mr. Marcus addresses several trust issues related to the digital asset they are working on.
2019-7-4 19:39 | |
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“Facebook’s new cryptocurrency- Libra” was what the mainstream media had emphasized during the past the two weeks. Bringing some clarity to the table, David Marcus, the head of Calibra, stated in a note that Facebook will not control the network.
2019-7-4 12:00 | |
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Ever since Facebook launched the Libra’s white paper, the whole crypto community is been abuzz. Some are strongly criticizing the project while some see it as the future or the savior of crypto. Joseph Stiglitz, a Noble Prize winner economist, is teaming up with the people that distrust Facebook’s Libra. According to a recent article […]
2019-7-4 00:18 | |
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David Marcus, overseer of the Libra project, posted on Facebook that the company is ready and willing to work with world regulators – and that the best part of Libra is that users won't have to trust Facebook.
2019-7-3 21:36 | |
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In a note published Wednesday, Facebook blockchain lead David Marcus pushed back against calls to stop Libra's development.
2019-7-3 20:35 | |
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Nobel-prize winner Joseph Stiglitz, who has previously advocated for a full ban on cryptocurrency, doesn’t like Facebook’s Libra plans either. Stablecoins might be a friendlier option to someone like Stiglitz, who believes crypto lacks all the properties of sound money.
2019-7-3 18:28 | |
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By CCN Markets: Blockchain. com Head of Growth Haider Rafique believes that Facebook’s Libra project will be a boon to cryptocurrency as a whole, for numerous reasons. As Head of Growth at Blockchain, adoption is the executive’s primary drive, and he believes Facebook’s crypto entry will have a positive impact.
2019-6-24 00:45 | |
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Facebook’s cryptocurrency initiative being subjected to criticism from lawmakers, despite being backed by industry giants, depicts the prevailing lack of trust between the social media giant and the government, owing to its “disregard for user privacy” as US Senator Maxine Waters put it.
2019-6-22 17:30 | |
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Ethereum had gone silent with all the mainstream developments happening with Ripple, XRP and Facebook’s Libra. However, Ethereum seems to be back in the limelight, although briefly, due to Grayscale announcement.
2019-6-21 11:15 | |
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It has been a busy two days for Facebook as the social media giant earned the attention of the world following the launch of its project Libra. As of late, a Hong Kong programmer lanced another attack on the project’s governance structure, highlighting a dangerous vulnerability.
2019-6-21 05:00 | |
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The world reacted to Facebook's Libra launch with fear, uncertainty, and jokes. Here are a few choice quotes.
2019-6-19 19:30 | |
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By CCN Markets: With all of the crypto attention currently centered on Facebook’s Libra cryptocurrency, bitcoin could be gearing up for its best run to date. Fundstrat Co-Founder Thomas Lee believes that it is headed much higher in the near future, predicting that a fear-of-missing-out, or FOMO, will catapult the bitcoin price to $40,000 sooner than later.
2019-6-18 20:30 | |
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A small scale survey conducted by LendEDU found that seven percent of Americans had previously invested in digital currencies while 18 percent of them showed interest in investing in Facebook’s cryptocurrency.
2019-5-17 19:56 | |
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Facebook’s biggest money-spinner is its News Feed, and the company has announced yet another key change to the algorithm. In a fresh announcement, the social network said that it’s leveraging new signals such as user surveys to prioritize posts from close friends and content you might find worthwhile.
2019-5-17 16:28 | |
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Facebook’s biggest money-spinner is its News Feed, and the company has announced yet another key change to the algorithm. In a fresh announcement, the social network said that it’s leveraging new signals such as user surveys to prioritize posts from close friends and content you might find worthwhile.
2019-5-17 16:28 | |
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While the Crypto Winter may be lingering with us into the spring, crypto exchanges are doing just fine. According to CoinMarketCap, there are now 255 major crypto exchanges.
2019-5-4 22:14 | |
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GDPR is complicated business; even people like me who try to keep up with all its developments struggle to understand this mammoth set of European regulations and its effects. I believe one of the main reasons for that is we’ve yet to see a proper GDPR case being brought against big tech companies like Facebook and Google — the companies GDPR should protect us from.
2019-4-30 14:06 | |
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The idea that multinational enterprises could benefit from having their own cryptocurrencies is not far fetched. In fact, Facebook’s forthcoming self-titled stable coin is a prime example of that, says Blockchain Capital Limited co-founder, Gavin Brown.
2019-4-25 14:59 | |
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The idea that multinational enterprises could benefit from having their own cryptocurrencies is not far fetched. In fact, Facebook’s forthcoming self-titled stable coin is a prime example of that, says Blockchain Capital co-founder, Gavin Brown.
2019-4-24 14:59 | |
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As Mark Zuckerberg recently wrote, “free and fair elections are the heart of every democracy. ” Despite controversy over Facebook’s role in Federal elections and misinformation campaigns, he makes an excellent point.
2019-4-1 11:49 | |
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After Multiple Issues With Privacy And Widespread Blackout This Week, Would Anyone Trust A Facebook Bank? Facebook is not known for having the best privacy efforts. Last year, they were seen by the federal court to deal with many issues related to the security of their platform, and the global service outage days ago did […]
2019-3-15 22:21 | |
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Facebook CEO Mark Zuckerberg is boasting that the social media platform is going to shift its focus to users’ privacy by encrypting messages. He says that the company won’t even be able to access these messages.
2019-3-11 09:59 | |
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In the consumer world, personal data has been used as a “payment” for services, whether that be a Facebook account or a grocery discount or a loyalty rewards program. If you take the Facebook example, consumers “pay” for the service by supplying data which in turn makes the company money through ads that rely on this data.
2019-3-2 16:30 | |
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Announced at the end of January, Bitfury’s production-ready suite of Lightning Network products and services, Peach, appears to offer everything a developer, user or merchant could want from a Lightning implementation.
2019-2-9 23:59 | |
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Announced at the end of January, Bitfury’s production-ready suite of Lightning Network products and services, Peach, appears to offer everything a developer, user or merchant could want from a Lightning implementation.
2019-2-12 23:59 | |
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Last night, just when we were trying to get our heads around Facebook‘s data collecting program, TechCrunch reported that Google also had an app that monitored users’ activities on an iPhone and rewarded them.
2019-1-31 10:10 | |
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Should Facebook Be Trusted With Crypto? Facebook made a lot of news in 2018 and not all for the right reasons. Their Cambridge Analytica scandal lost them the trust of the general public and sparked worldwide conversation about privacy and how user data is handled by big corporations. Towards the end of the year, they […]
2019-1-16 23:10 | |
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As tax season is rapidly approaching, some states, like Ohio, have decided to set a new standard for the rest of the country to follow. Back in November, Ohio became the first state in the U.
2019-1-3 20:53 | |
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In a move to fight fake news, Facebook yesterday said it deleted more than 800 pages and accounts. The company claims it removed 559 pages and 251 accounts for spreading disinformation, political spam, and inauthentic activity.
2018-10-12 12:34 | |
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Facebook today launched its first hardware products, the Portal and Portal+. A bit like the Amazon Echo Show, they sit somewhere in your home and allow you to talk to your friends and family through the near-universal Facebook Messenger service.
2018-10-8 18:58 | |
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Brendan Eich, the CEO of Brave, has written a letter to the U. S. Senate Committee on Commerce, Science and Transportation urging them to implement GDPR-like legislation in the United States.
2018-10-4 20:51 | |
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Many of us are familiar with the term “DApp,” which stands for “decentralized application. ”Foundationally, a DApp is an application that runs using blockchain technology on a decentralized network of computers instead of on a central database.
2018-9-4 21:43 | |
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The Facebook-Cambridge Analytica data scandal was a disaster for everyone: for Facebook’s users, whose personal data was exposed and misused. For Facebook itself, which breached and then lost the trust of a billion-plus people.
2018-8-25 15:30 | |
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Facebook revealed this week it’s trying to stem the flow of fake news by assigning trust values to users. It insists on keeping its criteria for trustworthiness secret though, in case untrustworthy people try to game the system — and they almost certainly will.
2018-8-21 20:17 | |
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With the Facebook and Cambridge Analytica scandal awakening data privacy concerns in the general public earlier this year, SWIPECrypto startup is using blockchain to restore trust and accountability to how data is used and handled.
2018-8-6 14:34 | |
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“We have nothing to hide,” says Tory Reiss, VP of corporate development at TrustToken. Like the market’s most popular stablecoin, Tether, TrustToken's TrueUSD is fiat-collateralized.
2018-7-26 18:55 | |
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While many in the industry cheered the passing of the Financial Innovation and Technology for the 21st Century Act yesterday, many other raised criticisms and concerns.
The U.S. House of Representatives is poised to vote on a resolution Wednesday to reject the Securities and Exchange Commission (SEC) cryptocurrency accounting guidance that the industry said has deterred banks from handling crypto customers, but President Joe Biden is already promising he'll veto the effort if it hits his desk.
U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler has been accused of misleading Congress by Rep. Patrick McHenry, the chairman of the House Financial Services Committee, who said Gensler's agency already knew it considered Ethereum's ether a security before he attended a hearing and declined to answer that question.
Shomari Figures, a Washington insider with a lengthy progressive resume, didn't pull in the most money in direct contributions as he sought one of Alabama's seats in the U. S. House of Representatives.
U.S. Rep. Patrick McHenry (R-N.C.) said some of the recent chaos in Congress derailed crypto legislation for a while, but a stablecoin bill is largely worked out in the House of Representatives and just needs a schedule floor vote.
The House Financial Services Subcommittee on Digital Assets, Financial Technology, and Inclusion convened a pivotal hearing on Dec. 5, to hear from high-ranking representatives from federal agencies, including the Federal Reserve, Securities and Exchange Commission (SEC), and the Office of the Comptroller of the Currency (OCC), spoke on the increasing influence of new technologies such […] The post Spotlight on AI, digital assets at House subcommittee hearing appeared first on CryptoSlate.
As the U.S. House of Representatives weighs legislation on next year's spending, a provision was added on Wednesday that would deprive funding from U.S. Securities and Exchange Commission (SEC) enforcement actions against crypto businesses.