The Libra Association And The Exclusion Of Banks: Facebook Takes Major Stance With Major Leaders

2019-6-18 20:22

On June 18, 2019, Facebook finally unveiled the Libera white paper, which has one of the most anticipated products in the crypto world for months now with a lot of speculation and reporting on the preparation that has gone into this project.

Whenever a new project comes onto the scene with this amount of anticipation […].

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facebook major project preparation reporting lot months

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Facebook’s Crypto Project Gets Major Backing from Dozens of Industry Heavyweights

Cryptocurrency media outlet The Block on June 14, 2019, revealed the complete list of stakeholders of Facebook’s high-profile digital currency project. Heavyweights Behind the Libra Project According to the report, a number of corporate titans from various industries are part of the governing association of Facebook’s cryptocurrency.

2019-6-15 13:00


Facebook signs major partners for its cryptocurrency network and it still sounds terrible

Facebook has begun assembling a who’s who of big tech companies to back its soon to be unveiled cryptocurrency, GlobalCoin. The likes of Mastercard, Visa, Uber, and PayPal are all backing the social media giant’s upcoming digital coin due to be unveiled later this month, and officially rolled out next year, reports The Wall St Journal.

2019-6-14 11:49


DAI stablecoin recorded growth rate of approximately 20% per month in 2019, claims Maker Dao report

Since the start of 2019, stablecoins have found a new level of importance following the involvement of major financial and non-financial institutions such as JP Morgan Chase and Facebook. Justin Sun, CEO of TRON Foundation, had also spoken highly about the significance of stablecoins on various occasions and despite the Tether-Bitfinex fiasco, the popularity of […] The post DAI stablecoin recorded growth rate of approximately 20% per month in 2019, claims Maker Dao report appeared first on AMBCrypto.

2019-6-10 15:30


Facebook’s Secret Cryptocurrency Led by PayPal Alumni Just ‘Months Away’ from India Launch

By CCN: Facebook’s much-hyped cryptocurrency project, dubbed Project Libra, may launch in India within a matter of months, according to a Bloomberg report. The secretive blockchain project, led by a team of PayPal alumni, is expected to launch a stablecoin for sending peer-to-peer payments to friends and family as well as integrating with major e-commerce players.

2019-5-9 12:49


Minds CEO: Facebook Needs to Follow Same Philosophy of Bitcoin When Creating Own Crypto Asset

The cryptocurrency market has grown and evolved in the last decade of activity, taking it from a simple one-asset market to a booming industry with hundreds of options for consumers. As major companies like Facebook, JPMorgan, and Goldman Sachs break into the market, the dynamics have been changing even more. Anthony Pompliano of Morgan Creek […]

2019-4-10 02:10


Winklevoss Twins’ Bitcoin Hot Takes: The Latest from the BTC Brothers

Whether in the world of social media or in cryptocurrency, most people know the name “Winklevoss.” The two brothers, Cameron and Tyler, are major entrepreneurs, starting social media with ConnectU, and ultimately becoming known through their lawsuit against Mark Zuckerberg over his launch of Facebook being stemmed from their idea. Now, they have settled down […]

2019-3-12 03:03


Facebook’s Cryptocurrency is a YawnCoin, Not A ‘Blow to Bitcoin’

As Mark Zuckerberg outlines his vision for Facebook as a trusted digital brand for secure and private messages and payments between users, Billy Bambrough writes at Forbes: “Blow To Bitcoin As Mark Zuckerberg Warns Facebook Payments Are Coming “Bitcoin, which has recently attracted the attention of some of the world’s biggest technology entrepreneurs, is likely to soon get a major competitor: Mark Zuckerberg’s social networking giant Facebook.

2019-3-10 20:27