Facebook Libra's new plans may be a Trojan horse to tackle China

2020-3-4 16:00

While Facebook's plans regarding the launch of its own cryptocurrency have faced significant resistance from various regulators owing to the company's history with privacy and user-data, there have beThe post Facebook Libra's new plans may be a Trojan horse to tackle China appeared first on AMBCrypto.

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Is Japan Entering the Central Bank Digital Currency Space Too?

Recent reports indicate that Japan might be moving towards launching its own CBDC, although uncertainty remains high due to reports that deny the decision. Japanese lawmakers might be moving in on the crypto space Ever since Facebook confirmed the rumors that it plans to launch its own cryptocurrency, lawmakers, regulators, and central banks around the world started taking the crypto sector a lot more seriously.

2020-1-24 14:32


Block.One’s ‘Voice’ Social Network Has An Open Door Policy To Other Blockchains, Not Just EOS

During its June ICO, Block.one had indicated that its Facebook rivaling social network dubbed Voice, would be launched on the EOS network. However, plans seems to have changed as CoinDesk reports. Voice has been touted as a different form of social media network which will have in-built crypto and have the capacity to deal with […]

2020-1-18 01:24


Crypto newsmakers and journalists need to get on the same page in 2020

Cryptocurrency predictions for 2020 are well underway, which means there is no better time to refresh and set some new year’s resolutions. In 2019 when Facebook unveiled its plans to launch Libra, it set leaders in the blockchain and cryptocurrency industry a new challenge to educate and inform the world about the truth of this […] The post Crypto newsmakers and journalists need to get on the same page in 2020 appeared first on CryptoSlate.

2020-1-13 19:00


European Union Ponders Issuing a Public Digital Currency to Compete With Facebook’s Libra

The European Central Bank (ECB) has recently considered the idea of issuing its public digital currency via a new draft document, according to Reuters. This is seen as a response against the Facebook backed project, as the company’s upcoming launch of the Libra has made regulators all over the world wary. Since Facebook shared plans […]

2019-11-5 21:25


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An overview of Facebook’s ‘cryptocurrency’ supporters — who’s in and who’s out

Facebook sent the world into a frenzy when it announced its intention to enter the payments space with the launch of its controversial ‘cryptocurrency‘ Libra earlier this year. Initially, Facebook said it had garnered support from 28 companies, including some of the world’s top financial and technology giants.

2019-10-15 19:46


As Payment Firms Abandon the Libra Association, Who’s Next to Go?

Following last week’s news that PayPal was backing out of the Libra Association, almost all of the payment firms initially linked to the project have now announced their departure. Over the weekend, news emerged that Stripe, Visa, Mastercard, Mercado Pago, and eBay have all abandoned Facebook’s beleaguered cryptocurrency, striking a blow to Mark Zuckerberg’s plans […] The post As Payment Firms Abandon the Libra Association, Who’s Next to Go? appeared first on Crypto Briefing.

2019-10-14 17:52


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US and UK pressure Facebook for backdoor access to WhatsApp messages

The tug of war between privacy and security has come to the fore again. This time, the US, the UK, and Australia are making a case against end-to-end encryption (E2EE), calling on Facebook to delay its plans to implement the privacy feature across its messaging apps until “there is no reduction to user safety and without including a means for lawful access to the content of communications to protect our citizens.

2019-10-4 12:39


Bitcoin-Rabid Japan Gleefully Cheers Facebook’s ‘Killer App’ Libra

Facebook’s plans to launch a cryptocurrency are an indication that blockchain technology has come of age and is ready for prime time, especially in Japan. According to the chairperson of the Japan Security Token Association, Go Masuda, Libra is blockchain’s second “killer app,” after Bitcoin: “The industry lacked a good use case of blockchain technology.

2019-10-3 21:18


Zuck says Facebook will never curb offensive content — but vows to protect its moderators

For the past five years, we’ve heard countless reports on how hard content moderation really is, and moderators at social networking giant Facebook could have it the toughest. Earlier this year, The Verge’s Casey Newton published an article titled “The Trauma Floor” which revealed the secret lives of Facebook moderators in America, and more specifically, the harrowing conditions these employees were tasked with on a daily basis.

2019-10-1 17:06


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Twitter Doesn’t Intend to Enter Cryptocurrency Contest with Facebook and Telegram

Jack Dorsey, CEO of Twitter and Square, has confirmed that Twitter has no plans of rivaling Facebook and Telegram with a token offering of their own, as per Forbes, September 9, 2019. Square will focus on bettering their Bitcoin-based offerings as Dorsey believes that an open internet standard like Bitcoin is much more beneficial andRead MoreRead More.

2019-9-9 17:00


The Evolution Of Financial Systems: Did Bitcoin Get Its Start In The 1970s?

Cryptocurrencies and decentralized systems are regarded as the future of financial systems, and as these digital assets grow in number and popularity, the possibility becomes stronger. Bitcoin, the leading cryptocurrency, has regained its dominance on the markets and social media giants such as Facebook and Telegram have plans to launch cryptocurrencies of their own. Fiat […]

2019-9-5 17:49


Jack Dorsey Rejects Twitter Crypto Concept to Passionately Back Bitcoin

As Facebook's Mark Zuckerberg faces a firestorm of criticism for his Libra project, another prominent social media billionaire is staying on the side-lines. Jack Dorsey made it very clear in an interview with the Sydney Morning Herald that he has no plans to launch a Twitter cryptocurrency, instead preferring to advocate for Bitcoin as the […] The post Jack Dorsey Rejects Twitter Crypto Concept to Passionately Back Bitcoin appeared first on CCN Markets

2019-9-5 20:26


Crypto-forensics firm Elliptic raises $23 million in fundraising; plans to track Facebook’s Libra

Elliptic, a blockchain analytics firm, has steered the attention of the crypto-community after it raised $23 million for tracking cryptocurrencies. By delivering these tracking services, the firm claims to empower financial institutions by helping them distribute and deliver trusted services across the cryptoverse.

2019-9-4 10:39


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Congresswoman Maxine Waters “Still Concerned” About Facebook’s Digital Currency Plans

Facebook’s ambitious cryptocurrency project, Libra, continues to face regulatory approvals, as on August 25, 2019, the chair of the U. S. House Financial Services Committee (HFSC), Congresswoman Maxine Waters said that she’s “still concerned” about blue and white social media giant’s digital currency plans.

2019-8-27 19:00


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Binance under scrutiny again after a class action lawsuit against it was filed in Washington If the case goes ahead, blockchain analytics could be on trial Binance and its former CEO, ChangpThe post Lawsuit accuses CZ, Binance of being 'getaway drivers' for 'bad actors' appeared first on AMBCrypto.

Ikigai agrees to pay $150K fine owing to illicit Bitcoin loan

Ikigai Partners' fine is yet another episode in the aftermath of FTX's collapse Back in May, the NFA issues new rules allowing some level of oversight over crypto firms Ikigai Partners has aThe post Ikigai agrees to pay $150K fine owing to illicit Bitcoin loan appeared first on AMBCrypto.

Germany - Crypto ATM numbers continue to fall after BaFin's latest raid

Germany has joined the United States in clamping down on Crypto ATMs Figures for the same have stalled since 2022 Germany's Federal Financial Supervisory Authority (BaFin) recently conductedThe post Germany - Crypto ATM numbers continue to fall after BaFin's latest raid appeared first on AMBCrypto.

XRP volatility to decrease, but traders can still make profits - Here's how

XRP bulls battled against the mid-range resistance zone. The futures market clues pointed to bearish sentiment and a consolidation phase under $0.6. Ripple [XRP] has formed a bullish trianglThe post XRP volatility to decrease, but traders can still make profits - Here's how appeared first on AMBCrypto.

Iran's crypto-mining crackdown - Why is the country offering bounties now?

A major heatwave has worsened the electricity crisis in Iran Mining activities have historically allowed the country to mitigate effects of international sanctions Iran is intensifying its cThe post Iran's crypto-mining crackdown - Why is the country offering bounties now? appeared first on AMBCrypto.

Donald Trump's crypto-pivot - +1M in ETH, +7M in NFT licensing deal

Trump completed a full U-Turn with the revelation of crypto-holdings in his financial disclosures Many crypto-holders continue to be single issue voters Former President Donald Trump has gonThe post Donald Trump's crypto-pivot - +1M in ETH, +7M in NFT licensing deal appeared first on AMBCrypto.