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Facebook to be regulatory compliant while gradually establishing decentralization
The central focus of all squabbles surrounding the stablecoin project Libra was the subject of decentralization. Titled “Libra, 2 weeks in“, David Marcus, the head of Calibra clarified a few issues that have been brought up. дальше »
2019-7-4 13:00 | |
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‘Facebook will not control the Libra network; users don’t need to trust the social media platform’
“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. дальше »
2019-7-4 12:00 | |
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Facebook’s Social Media Platforms Crash. Will Libra Be Different?
A few hours ago, the internet’s top social networks suffered a crash that kept users from sharing photos, videos, and similar files. Almost simultaneously, Facebook, Whatsapp, and Instagram suffered the same malfunction causing, as expected, a big nuisance among netizens, who rushed to position the tags #Instagramdown, #facebookdown, and #whatsappdown on Twitter. дальше »
2019-7-4 04:00 | |
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Invstr CEO: Facebook Will Have Anticipated Regulatory Scrutiny Over Crypto Effort
The CEO of a social investment firm believes that Facebook will have anticipated regulatory scrutiny. Kerim Derhalli of Invstr says recent issues for the social media giant will have prepared it well to deal with lawmakers with regards the crypto asset project. дальше »
2019-7-4 02:00 | |
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Congressional Subcommittee To 'Immediately' Halt Libra Progress
In a letter sent to Facebook's principals, including Mark Zuckerberg, Representative Maxine Waters asks the social media giant to stop "any movement forward on Libra," fearing the project will lead to an entirely new global financial system based out of Switzerland. дальше »
2019-7-3 18:57 | |
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US Congress Wants Facebook to Halt Libra Cryptocurrency Project
Members of the United States Congress have demanded in a letter that Facebook halts development of the Libra cryptocurrency as it poses a threat to the hegemony of the U. S. dollar. This call by the U. дальше »
2019-7-3 15:55 | |
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Cryptoverse questions Facebook’s ‘centralized’ intentions after Libra Network is registered in Geneva
Facebook’s entry into the cryptospace has resulted in mixed feelings within the community, primarily with respect to the social media giant’s motive behind the introduction of Libra. While the company had previously shared its intent to deliver a decentralized system governed by third party validators, the cryptoverse has identified a new registration in Geneva that implies […] The post Cryptoverse questions Facebook’s ‘centralized’ intentions after Libra Network is registered in Geneva appeared first on AMBCrypto. дальше »
2019-7-2 20:00 | |
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New Jefferies Survey Shows Users In The US Unlikely To Use Facebook’s Libra Cryptocurrency
According to a recently released research conducted by the financial services company Jefferies, U.S. social media users are unlikely to use Facebook’s new virtual currency Libra. The survey included more than 600 participants and 80% of them answered that they were “unlikely” or “very unlikely” to use the digital asset released by Facebook. Will US […] дальше »
2019-7-2 17:32 | |
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Стив Форбс: Libra могла бы заменить доллар США в качестве мировой валюты
Главный редактор и глава Forbes Media Стив Форбс поддержал криптовалютный проект Libra от Facebook, предположив, что новая монета может заменить доллар США в качестве мировой валюты и «затмить биткоин». дальше »
2019-6-29 10:00 | |
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Steve Forbes Wants Facebook To Back Libra With Gold
Steve Forbes, chairman and editor-in-chief of Forbes Media, wrote an open letter to Mark Zuckerberg urging Facebook's CEO to back Libra with gold and change the cryptocurrency's name to ... the "Mark." дальше »
2019-6-29 19:11 | |
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Facebook’s Libra looks weak against Blackrocks’ Aggregate Bond ETF in a highly competitive ETF market
Facebook’s Libra caused a lot of noise in the mainstream media, even getting some regulators to talk about it. Soon, regulators called for Facebook’s crypto-project to be put on hold, until they figured it out. дальше »
2019-6-28 17:00 | |
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Binance is Officially in Talks With Facebook Over its Libra Platform
According to statements coming from the Chief Strategy Officer of Binance, the exchange has officially made and been in contact with the social media giant – Facebook. Having spoken during the Fintech Junction Conference in Tel Aviv, Israel on Thursday this week, Binance's CSO, Gin Chao had made it clear that the exchange is currently […] дальше »
2019-6-28 00:09 | |
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Fed Chairman Swears ‘Very High’ Scrutiny Against Facebook’s Crypto Libra
Federal Reserve Chairman Jerome Powell said his agency – as well as the rest of the federal government – will be looking carefully at Facebook’s Libra cryptocurrency. The Unspoken Advantage of Large Companies Entering Crypto He promised that Facebook would be held to very “high” standards, implying that the social media giant should be able […] The post Fed Chairman Swears ‘Very High’ Scrutiny Against Facebook’s Crypto Libra appeared first on CCN Markets дальше »
2019-6-27 15:21 | |
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Fed Chairman Swears 'Very High' Scrutiny Against Facebook's Crypto Libra
Federal Reserve Chairman Jerome Powell said his agency – as well as the rest of the federal government – will be looking carefully at Facebook’s Libra cryptocurrency. The Unspoken Advantage of Large Companies Entering Crypto He promised that Facebook would be held to very “high” standards, implying that the social media giant should be able […] The post Fed Chairman Swears 'Very High' Scrutiny Against Facebook's Crypto Libra appeared first on CCN Markets дальше »
2019-6-28 15:21 | |
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Facebook Looks For Libra Success In Indonesia
With a massive user base that already has experience owning cryptocurrency, Facebook's Libra seems ready to take off in Indonesia, but the social media giant will still have plenty of regulatory matters to iron out first. дальше »
2019-6-27 18:56 | |
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Bitcoin’s surge past $12,000 unrelated to Facebook’s Libra, claims Susquehanna executive
The cryptocurrency industry shot back into the mainstream media’s spotlight on the back of Bitcoin’s phenomenal surge and Facebook introducing its cryptocurrency, Libra. The timing of the current bull run was attributed to Libra’s launch by some members of the community, while others vehemently disputed this fact. дальше »
2019-6-26 18:00 | |
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Libra may find a retail abode in Instagram as Facebook gears up payment channels
Remember Libra? The cryptocurrency introduced by the billion-dollar social media giant, Facebook, complete with its own blockchain and wallet? Since Libra was unveiled, the world’s largest cryptocurrency, Bitcoin, has broken past multiple resistance levels and was on the verge of storming past $13,000, at press time. дальше »
2019-6-26 17:00 | |
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In a first, Facebook will hand over hate speech data to France
Facebook has agreed to hand over identifying information on French users suspected of using hate speech on its platform, making it the first deal of its kind between the social media giant and a government. дальше »
2019-6-26 14:50 | |
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Global Financial Watchdogs And Lawmakers Seek More Details On Facebook’s Crypto Project
The launch of Facebook’s new cryptocurrency – Libra – has been met with a lot of mixed reviews. The social media platform left many people in the dark for the last year, but the whitepaper for Libra was released a whole week ago. дальше »
2019-6-25 22:23 | |
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Facebook’s Libra is for corporations & Bitcoin stands for the people, claims Squawk Box’s Joe Kernen
Facebook’s entry into the cryptocurrency industry has certainly ruffled a few feathers, with many in the industry calling it a method by the Mark Zuckerberg-led company to establish dominance in fields other than social media. дальше »
2019-6-25 17:30 | |
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MySpace employees reportedly read your mid-2000s DMs
Long before Facebook, Twitter, and Instagram ruled the social media world, there was Myspace. One of the earliest social networks crossed the mark of 100 million users in 2006. However, a report published by Vice today suggests that its employees used a specific tool to spy on its users. дальше »
2019-6-25 14:28 | |
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‘Nuke it From Space!’: National Review Pundit Slams FB's Cryptocurrency
Facebook’s cryptocurrency project has long been one of Silicon Valley’s worst-kept secrets. Even so, Libra’s formal announcement elicited a number of incendiary reactions from chattering heads across the political spectrum. дальше »
2019-6-25 19:39 | |
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Joseph Lubin: ‘Facebook’s Libra Is Like A Centralized Wolf In A Decentralized Sheep’s Clothing’
The centralized nature of Facebook’s Libra has been a major cause for concern for most people in the cryptocurrency community. Joseph Lubin, Founder of ConsenSys, an ethereum-based technology company and co-founder of Ethereum, said in an article published by Quartz, “Facebook’s cryptocurrency is a centralized wolf in decentralized sheep’s clothing”. дальше »
2019-6-25 17:25 | |
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DIPChain Project Set to Launch Major Exchanges in September
Since entering the bull market in May, the price of altcoins has been soaring all the way. Many cryptocurrency investors have benefited from it and the market becomes unprecedented eye-catching. Even Facebook, the world’s largest social media platform, led to released its whitepaper for Libra on 18 June. Since the private sale of DIPChain began […] дальше »
2019-6-24 14:09 | |
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Original #DeleteFacebook Organizer Backs Crypto Libra in Plot Twist
By CCN Markets: The original organizer of the #DeleteFacebook movement Jaron Lanier has offered the social media giant rare praise with regards to its cryptocurrency effort, Libra. Speaking to CNBC the author of Ten Arguments for Deleting your Social Media Accounts Right Now said that Libra ‘could turn out to be a good thing’. дальше »
2019-6-24 10:50 | |
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Facebook’s Libra copied Hedera’s governance model?
Another day, another controversy as Facebook ostensibly gets embroiled in controversies every passing day post its contentious announcement of the Libra project. The recent one involves a full page advertisement on the Wall Street Journal and a tongue-in-cheek short note directed towards the social media giant, The advert read, “Thank you facebook Libra. дальше »
2019-6-24 23:30 | |
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Decentralized social media - the good, the bad - and the potentially ugly
With growing concerns about a perceived censorship bias on social media platforms such as Facebook, YouTube, and Twitter, the demand for censorship-resistant social media networks is on the rise. A number of blockchain startups aim to use a decentralized model to preserve free speech in the digital age. But can a fully decentralized social media platform work? дальше »
2019-6-24 23:00 | |
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Could Facebook’s Libra Project Get Stopped Before It Even Launches
The cryptocurrency market is hard to break into. Even the top 100 cryptocurrencies on the market are relatively unknown, with only a few of those names even making it to mainstream knowledge. With Facebook being easily one of the biggest social media platforms in the world, their introduction of the Libra initiative was aiming to […] дальше »
2019-6-22 20:06 | |
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Bank of England allows Facebook to bank at Threadneedle Street
Before Facebook launched its Libra project, several rumors predicting the social media giant’s move were doing the rounds. At that time, Caitlin Long, Co-founder of the Wyoming Blockchain Coalition, had laid out six predictions. дальше »
2019-6-22 18:00 | |
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Retaliation by Central Banks will ‘complicate legal matters’ for Facebook, says Circle Research on Libra
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. дальше »
2019-6-22 17:30 | |
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Facebook ‘Too Powerful’ to Run Libra Without Rules, Says Democratic Senator
By CCN Markets: Facebook has too much power to engage with a cryptocurrency, a United States senator has warned, days after the social media giant launched Libra. Sherrod Brown, a Democratic senator from Ohio, told Bloomberg TV that the public has increasing concerns around the social network. дальше »
2019-6-22 16:38 | |
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Russia: No Special Treatment for Facebook’s Libra ‘Crypto’
A Russian lawmaker has recently stated that Facebook’s expected cryptocurrency, Libra, would not be given preferential treatment in Russia. Per a report by Tass on June 18, 2019, the country wasn’t planning to adopt a crypto-friendly legislature. дальше »
2019-6-22 01:00 | |
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FB to bid goodbye to ‘Libra’? Trademark issues ensue in South Korea
Seems like there is no light at the end of the tunnel for Facebook as more problems brew for its cryptocurrency Libra. With the cryptocurrency already facing regulatory scrutiny across the globe, it has reportedly fallen into another pit as trademark issues emerge in South Korea, according to local media. дальше »
2019-6-21 21:05 | |
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France to create a joint G7 cryptocurrency task force amid Facebook’s Libra woes
France is putting together a Group of Seven Nations (G7) task force to explore how central banks can make sure cryptocurrencies adhere to money-laundering and consumer protection rules. That’s according to the country’s central bank governor who announced the news today. дальше »
2019-6-21 18:28 | |
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Facebook Filched My Logo For Calibra Crypto Project: Fintech CEO
The founder of an online bank has accused social media giant Facebook of stealing his company’s logo for their new crypto project, Calibra. This is the latest eyebrow that has been raised since Zuckerberg and co decided to take on the world’s banks with their latest offering. дальше »
2019-6-21 08:37 | |
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Can We Trust the Facebook Consortium?
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. дальше »
2019-6-21 05:00 | |
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NY Times Is Wrong on Facebook, Libra Poses No Systemic Economic Risk
By CCN Markets: The New York Times suggests that Mark Zuckerberg is making a terrible move with his Libra cryptocurrency. The social media behemoth is certainly not early, but that doesn’t mean it won’t get a proper taste of the punch. дальше »
2019-6-21 02:00 | |
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Amazon Squashes Crypto Rumors as Hype Surrounding Facebook’s Libra Grows
In the past few months the world was shocked to hear that social media giant Facebook was entering the crypto markets with the release of their cryptocurrency dubbed Libra. Although Libra has been met with mixed opinions from both those within the crypto community and those outside of it, many analysts do believe it will. дальше »
2019-6-21 01:00 | |
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Facebook may pull-out Calibra from India, world’s largest WhatsApp market; early warning signs?
It’s been less than 48 hours since Facebook unveiled its “cryptocurrency” Libra, which will operate on a private blockchain and have its own wallet. With the fiat currency-backed digital asset a year out from its official 2020 launch, the social media giant seems to have met its first major roadblock. дальше »
2019-6-20 17:30 | |
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Facebook Is a Threat to Governments Not Crypto
The moment Facebook released the whitepaper for its planned Libra coin, social media was flooded with claims about Zuckerberg’s new drive to take over the cryptocurrency market, with some even calling it a Bitcoin killer. дальше »
2019-6-20 17:20 | |
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Facebook’s Crypto Libra May Kill Launch in India, Its Biggest Market: Report
By CCN Markets: Facebook’s cryptocurrency Libra is expected to change the way payments are made across the globe when it launches next year, but there’s one market that the social media giant might be giving a miss – India. дальше »
2019-6-21 13:26 | |
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Bitcoin Unfazed by Facebook, Why Further Gains Are Likely
The crypto sphere has been awash with commentary on Libra this week. It has dominated mainstream and crypto media to such an extent that most are already sick of it. Bitcoin and crypto markets are completely unfazed though and continue to inch higher. дальше »
2019-6-20 11:30 | |
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Critics: Rejecting Facebook Coin is Resisting NSA Level Surveillance
Facebook is much more than a social media company. It's a tech company with focus on data. The roll out of Libra could be another door for mass surveillance The post Critics: Rejecting Facebook Coin is Resisting NSA Level Surveillance appeared first on Ethereum World News. дальше »
2019-6-20 11:28 | |
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‘A Clear Threat’: Big Four Australian Bank Fears Facebook’s Crypto Libra
By CCN Markets: Facebook’s foray into cryptocurrencies with Libra has met with a ton of mixed reactions. While some are going gaga over the social media giant’s latest effort that’s supposed to enable cross-border payments at the tap of a button, the traditionalists are taking a dim view. дальше »
2019-6-21 10:21 | |
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Facebook’s Trek into Crypto Will Not Be Joined by China-Based Payment Firms
Multiple Chinese internet company have discussed avoiding cryptocurrency, amid announcement of Facebook’s Libra initiative. Blockchain technology is still a subject of interest for the Chinese economy. дальше »
2019-6-20 04:24 | |
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Why Are China’s Tech Tycoons Excited About Facebook’s Crypto & Blockchain?
Libra Elicits Support from Crypto Diehards to Chinese Businessmen Facebook’s Libra, a to-be-launched crypto asset to be backed by a blockchain, has drawn support from all across the globe. Everyone from mainstream media and Bitcoin. дальше »
2019-6-20 03:00 | |
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