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Major US Banks Caution Federal Advisory Council Against Libra Becoming A ‘Shadow Banking’ System
Facebook's nascent crypto project Libra continues to run in trouble even before the actual launch. The project has managed to enrage regulators, central banks and governments around the globe, who believed Facebook was merely using the name of blockchain to start a parallel monetary system, piggy riding the existing framework in which institutions pay billions […] дальше »
2019-10-1 22:09 | |
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Will Facebook’s Libra build a truly open system? Or will it end up as permissioned system?
An uproar was witnessed in the cryptocurrency ecosystem long before Facebook officially released the whitepaper for Libra, which is supposed to be a global cryptocurrency. Whether this will be an open system or become a permissioned system, is still unclear. дальше »
2019-7-12 03:30 | |
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Cloudflare acquired an old Sun Microsystems slogan and I’m feeling nostalgic
Sun Microsystem is a name seldom uttered in 2019. That’s a damned shame, because if it wasn’t for this hugely influential firm, the Internet would be a completely different place. Suffice to say, we owe it a tremendous debt. дальше »
2019-7-11 18:17 | |
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European Central Bank Executive Calls For Speedy Regulations to Govern Facebook’s Libra
European Central Bank Executive Board member Benoit Coeure has said that financial regulators across the world must move fast in preparation for the planned Libra’s entry into the financial system, Bloomberg reports. дальше »
2019-7-8 17:32 | |
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Facebook’s Key Competitor from Latin America ‘Taringa!’ Launches Crypto Rewards
Coinspeaker Facebook’s Key Competitor from Latin America ‘Taringa!’ Launches Crypto RewardsFacebook's major competitor from Latin American social media giant Taringa! is launching a stablecoin-powered reward system for its 27 million users in collaboration with MakerDAO and e-wallet provider Airtm. дальше »
2019-7-8 14:42 | |
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Libra will not necessarily work with financial system but transform it completely: Ripple exec
Social media giant, Facebook, released its vision for the upcoming digital coin, Libra, on Jun 18, 2019. This whitepaper was met with a lot of criticism that highlighted the drawbacks, even though some acknowledged it as a good tech that will help the space. дальше »
2019-7-4 17:00 | |
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Libra makes the U.S govt very uncomfortable, says ShapeShift CEO
Although the reaction to Facebook’s short-lived entrance into the crypto market reflected the general fear toward a permanent fiat replacement, it managed to stir crypto-centric discussions for a wider group of people. дальше »
2019-7-4 11:00 | |
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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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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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Libra: Cryptocurrency By Facebook [Infographics]
Coinspeaker Libra: Cryptocurrency By Facebook [Infographics]Libra cryptocurrency announced by Facebook on June 18 may become a fresh breath in the global financial system. Let's puzzle out the details of the innovative project with the infographics by MrBTC. дальше »
2019-6-29 09:57 | |
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European Banks Receive Instant Payments Plan to Stave Off Libra Takeover
Finance industry officials have hinted toward the development of a real-time payments system with instant settlement to be used by banks across the Eurozone. Traditional financial systems have come under pressure from cryptocurrencies and, more recently, Facebook’s new digital currency, as reported by Reuters, June 26, 2019. дальше »
2019-6-29 21:00 | |
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Chainspace co-founder: Facebook’s dystopian, censorship-prone cryptocurrency
Mustafa Al-Bassam, the co-founder of Facebook acquired blockchain startup Chainspace, said Libra could recreate a dystopian financial system that’s less censorship resistant and easier to manipulate than the current one. дальше »
2019-6-28 14:10 | |
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EU Banks Race To Implement Instant Payments In Wake Of Libra Announcement
Countries within the eurozone could have an instant payments system implemented across all banks by 2020 as finance industry officials fear competition with Facebook's Libra cryptocurrency.
дальше »2019-6-28 19:20 | |
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The Mother of Central Banks Sounds the Alarm on Facebook's Cryptocurrency Libra
The Bank for International Settlements (BIS), an institution owned by the world's central banks, has issued a stark warning about the likes of Facebook, Alibaba, and Google disrupting the established financial system. дальше »
2019-6-25 16:18 | |
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The Mother of Central Banks Sounds the Alarm on Facebook’s Cryptocurrency Libra
The Bank for International Settlements (BIS), an institution owned by the world’s central banks, has issued a stark warning about the likes of Facebook, Alibaba, and Google disrupting the established financial system. дальше »
2019-6-24 16:18 | |
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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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eToro’s developers appear positive after test driving Facebook’s Libra blockchain
Facebook overwhelmed the crypto community with its Libra project and left the financial institutions to cope with the meteor that might replace the traditional banking system. With its whitepaper, Libra established itself as a global currency and a financial infrastructure that would empower its users. дальше »
2019-6-21 16:15 | |
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Facebook Yet To Speak With RBI About Its Libra Project
With the Royal Bank of India (RBI) looking to find out whether or not Libra will operate on a "closed system," reports indicate Facebook is yet to meet with RBI officials or anyone within the Indian government. дальше »
2019-6-21 00:25 | |
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Facebook Cryptocurrency Chief Says Libra Is Not a Threat to Bitcoin
By CCN Markets: Facebook confirmed that its new cryptocurrency Libra isn’t designed to kill or compete with bitcoin. David Marcus, the man leading Facebook’s crypto efforts, said Libra and bitcoin can co-exist with differing use cases and that’s he a big fan of BTC. дальше »
2019-6-21 14:39 | |
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Coin Center director: Libra’s path towards permissionless is flawed, unlikely to become decentralized
Facebook finally revealed details about its highly-anticipated cryptocurrency, Libra. And while the company said it plans on transitioning to a permissionless network over the next five years, questions have been raised about Facebook’s ability to create a truly decentralized system. дальше »
2019-6-19 11:01 | |
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Facebook Libra Cryptocurrency Vs Kik KIN Digital Asset: A Look At Two Tokens Side By Side
Facebook has recently released the Libra cryptocurrency, which aims at improving Facebook’s presence in the financial system. In order for users to use the new digital asset, they will have to install the wallet Calibra, which is expected to be released to the market in 2020. дальше »
2019-6-19 00:08 | |
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‘It’s Not a Blockchain’ – Why Gov’ts Could Ban Facebook’s Libra
On the day of its unveiling, Facebook’s cryptocurrency has already sparked forecasts that governments worldwide will ban it. Libra Heading For Crypto Blacklist? Libra, the protocol Facebook today revealed to the world via a somewhat clumsy website, will initially host a cryptocurrency of the same name. дальше »
2019-6-18 17:00 | |
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Facebook’s Cryptocurrency Will Pay Interest to Users, Predicts Blockchain Regulator
By CCN Markets: Facebook’s GlobalCoin cryptocurrency will likely pay interest to its users. That’s the prediction of Wyoming Blockchain regulator and crypto champion Caitlin Long. The social media company is gearing up to announce its much-hyped cryptocurrency this month, but very little is still known about the project, known internally as Project Libra. дальше »
2019-6-10 11:13 | |
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Leave your DSLR at home: The Huawei P30 Pro is the only camera a traveller needs
A few weeks ago, when my colleagues were busy listening to Mark Zuckerberg yanking about a ‘Privacy-first future’ of Facebook, I was exploring the streets of Europe, drinking fresh beer. The iPhone Xs, with my main SIM card, was one of the phones I was carrying for the trip. дальше »
2019-5-24 14:53 | |
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Facebook’s Shady Bitcoin Killer Crypto ‘GlobalCoin’ is Coming 2020
By CCN: Facebook’s cryptocurrency ambitions could translate into reality as soon as next year. The BBC reports that the social media behemoth is on track to start testing its bitcoin rival – known internally as GlobalCoin – by the end of the year before its digital payments system comes online across 12 countries in the first quarter of 2020. дальше »
2019-5-24 12:29 | |
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Is Facebook Moving Closer Towards Cryptocurrency Payments?
Step by step, Facebook continues to make progress it what seems to like a cryptocurrency payment system designed for WhatsApp, as the latest rumors suggest. The big US tech giant looks to dig deeper into the potential of the blockchain technology, after registering a new company in Geneva, Switzerland. дальше »
2019-5-22 21:56 | |
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Facebook Launches Swiss-Based Startup to Develop Its Crypto
The social media heavyweight has recently set up a company in Switzerland to focus on its stablecoin and blockchain-based payment system Citing a Swiss news website, Handelszeitung, Reuters reports that Mark Zuckerberg’s social media has. дальше »
2019-5-19 11:44 | |
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Mark Zuckerberg Is Going All Guns Blazing Into the Crypto Space With Facebook Coin, Hunt for Potential Allies Continues
Facebook’s widely anticipated dive into the crypto space is no longer mere speculation. Over the past few months, multiple independent sources have corroborated the social media giant’s plans for building a payments system powered by its own cryptocurrency. дальше »
2019-5-6 15:59 | |
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Facebook Developing Crypto Payment Platform
Facebook is reportedly looking to create a payment system that uses a stablecoin of its own design. The system will allow users to purchase goods on Facebook and other websites. The social media giant is also developing a checkout platform to be used across the web. дальше »
2019-5-3 18:00 | |
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Facebook is developing a fiat-backed stablecoin payment system
While details have remained scarce, Facebook’s plans to create its own cryptocurrency have not exactly been secret. But with its latest announcement, Facebook looks to be developing its own stablecoin-backed payment system, The Wall Street Journal reports. дальше »
2019-5-3 11:00 | |
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‘Project Libra’: Facebook is Quietly Building Cryptocurrency-Based Payments System
Coinspeaker ‘Project Libra’: Facebook is Quietly Building Cryptocurrency-Based Payments SystemFacebook CEO Mark Zuckerberg recently hinted that the company is likely to double-down its plans towards e-commerce and online payment systems. дальше »
2019-5-3 10:36 | |
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Facebook Seeks Partners to Back Its Crypto Payments System: Report
Mark Zuckerberg keeps working on his idea regarding Facebook’s crypto payment service despite the privacy issues it has had in the past A report by The Wall Street Journal (WSJ) reveals that Facebook is striving. дальше »
2019-5-3 10:11 | |
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Confirmed: Facebook Building Crypto-Based Payment System – The Key To Mass Adoption
The Wall Street Journal reports that Facebook is indeed building a cryptocurrency for a new payments network, which puts… The post Confirmed: Facebook Building Crypto-Based Payment System – The Key To Mass Adoption appeared first on Invest In Blockchain. дальше »
2019-5-3 09:04 | |
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Facebook Hunts E-Commerce, Payment Partners for Crypto Push: Report
By CCN: The crypto community hasn’t scared Mark Zuckerberg away from his cryptocurrency ambitions, at least not yet. New details have emerged in a Wall Street Journal report indicating that Mark Zuckerberg’s company is actively looking to ink deals to back its cryptocurrency payments ecosystem. дальше »
2019-5-3 04:39 | |
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Here are the 7 requirements for building ethical AI, according to the EU commission
In October, Amazon had to discontinue an artificial intelligence–powered recruiting tool after it discovered the system was biased against female applicants. In 2016, a ProPublica investigation revealed a recidivism assessment tool that used machine learning was biased against black defendants. дальше »
2019-5-1 14:19 | |
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Nike, Facebook, and Now Jaguar: Big Corporations Turn to Crypto
In a further sign of endorsement for the crypto industry, Jaguar Land Rover (JLR) Limited has announced the testing of a crypto payment system. Details released show the development of a smart wallet that allows users to earn while on the road. дальше »
2019-4-29 19:58 | |
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Facebook Stops Payments In Messenger, Prepares For Its Own Stablecoin?
News is coming out that Facebook will close its P2P payments system on its Messenger app for users in… The post Facebook Stops Payments In Messenger, Prepares For Its Own Stablecoin? appeared first on Invest In Blockchain. дальше »
2019-4-22 09:53 | |
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‘Russian Facebook’ VK Wants to Turn its 100 Million Users into Crypto Fans
VKontakte (also known as “VK”), which is Russia’s version of Facebook, is planning to issue its own cryptocurrency. The project is currently under development, but a final decision has not yet been made. дальше »
2019-4-1 00:45 | |
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Facebook’s new VR avatars are more lifelike than anything you’ve seen before
Remember when Facebook CEO Mark Zuckerberg tried to show off his company’s clunky Spaces VR tech by taking a virtual tour of hurricane-hit Puerto Rico in 2017? This is nothing like that. The company has quietly been developing a revolutionary system to create virtual avatars of people that closely resemble them in their facial features and mannerisms. дальше »
2019-3-14 16:47 | |
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WeChat, Paxos Gold, Facebook, and Andrew Yang Battle the Ledger
The payment system is a hot topic among several tech giants, such as WeChat, Paxos, Facebook, and Andrew Yang. Just last week, Facebook’s CEO introduced its new strategy concerning messaging and privacy. дальше »
2019-3-12 17:30 | |
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