2019-4-9 12:00 |
Social media giant Facebook may be seeking a billion bucks in VC investment for its cryptocurrency project, an NYT reporter says.
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Facebook may be reeling from a string of privacy disasters, but in terms of sheer usage, the social network continues to be unstoppable in its quest for growth. And in its latest earnings report, the company has revealed that it’s happy to throw money at anything that stands in its way.
2019-4-25 12:59 | |
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Coinspeaker Facebook Reportedly Seeking for $1 Billion in Venture Capital for Its CryptocurrencyFacebook is said to be seeking support from external investors to raise $1 billion to develop its cryptocurrency project.
2019-4-9 14:44 | |
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Facebook is looking for VC firms to invest in its cryptocurrency project for sums as large as $1 billion, according to NY Times reporter Nathaniel Popper. The company is allegedly designing its crypto as a stablecoin for WhatsApp using a basket of foreign currencies as collateral.
2019-4-9 06:03 | |
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Facebook is looking at a hefty proposition in raising venture capital for its upcoming stablecoin project. According to New York Times reporter and long-time cryptocurrency writer Nathaniel Popper, the social media giant is looking at.
2019-4-9 02:36 | |
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According to NYT tech reporter Nathaniel Popper, Facebook is seeking up to $1 billion in venture capital to support its reported “Facebook Coin”
2019-4-9 01:35 | |
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By CCN. com: Facebook’s clumsy handling of its users’ data has reached the WTF level. The latest reveal came from cybersecurity firm UpGuard. In a cleverly titled report called “Losing Face: Two More Cases of Third-Party Facebook App Data Exposure” the firm pointed out how Facebook continues to screw up when it comes to user records.
2019-4-4 12:34 | |
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Coinspeaker Instagram Checkout Will Make Facebook $10B Richer Every Year: Deutsche BankAccording to the recent forecast provided by Deutsche Bank, a social media company Facebook is going to make an enormous revenue of $10 billion each year by 2021.
2019-4-3 17:11 | |
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A major European investment bank says the Instagram Checkout feature which debuted last week will make Facebook $10 billion richer every year by 2021. The social media app’s new shopping cart is rolling out in beta with 23 top brands (like Nike, Adidas, Dior, and Prada).
2019-4-2 18:44 | |
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The European Union’s antitrust commissioner has emerged as a surprise ally for Facebook, Google, and even Apple as Elizabeth Warren bets her presidential bid on breaking up big tech. Margrethe Vestager, until now a thorn in the regulatory side of technology giants like Amazon and Google, has surprisingly emerged in their support.
2019-3-20 00:00 | |
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Facebook, the Western world’s leading social media platform with over 2.5 billion active users, is developing a cryptocurrency that… The post Facebook To Develop Its Cryptocurrency for WhatsApp, Sources Say appeared first on Invest In Blockchain.
2019-3-19 21:40 | |
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Facebook has been going through some tough times when it comes to public sentiment. The platform has lost 80% of its market cap in the last 12 months and as for the company’s owner, Mark Zuckerberg, he’s also lost $19 billion in the process.
2019-3-18 20:28 | |
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As long as voice assistants are on the rise, data privacy should be too. The market is now saturated with voice assistants from Siri and Google Assistant to Facebook Portal and Amazon Alexa. In January, Amazon announced that more than 100 million Alexa enabled devices have been sold globally.
2019-3-16 16:30 | |
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While social media giant Facebook is putting preparations in top gear to launch a stablecoin that could function as both the native currency for the platform and a digital asset for global peer-to-peer payments, Barclays Internet analyst, Ross Sandler has forecasted that Facebook Coin could generate as much as $19 billion for by 2021, reportsRead MoreRead More.
2019-3-13 21:00 | |
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British multinational investment bank Barclays sees some serious upside for social media giant Facebook’s cryptocurrency. The bank forecasts a whopping $19 billion in additional revenue from this initiative, alone.
2019-3-12 20:00 | |
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Social media mogul Facebook could be eyeing as much as $19 billion in additional revenue according to an internet analyst at Barclays. This could happen by 2021, should the company be able to successfully carry out its cryptocurrency project.
2019-3-12 18:07 | |
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Facebook’s cryptocurrency plans could rake in $19 billion in revenue for the social media giant. This is according to Ross Sandler, an internet analyst with Barclays. In a note to investors, Sandler stated that ‘Facebook Coin’ provides a new and lucrative avenue for Facebook to dominate payments.
2019-3-12 17:29 | |
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CoinSpeaker Facebook Coin Could Bring $19 Billion Additional Revenue, Believes BarclaysOne Wall Street firm sees major upside for Facebook if its secretive cryptocurrency plan works out.
2019-3-12 11:50 | |
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CoinSpeaker Barclays: Facebook Coin Could Bring $19 Billion Additional Revenue, and Here’s WhyOne Wall Street firm sees major upside for Facebook if its secretive cryptocurrency plan works out.
2019-3-12 11:50 | |
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Facebook's ambitions to enter the cryptocurrency market and plans to launch its own token can lead to a multi-billion dollar revenue growth in a few years, an expert forecasts. Facebook Coin will help the social network to diversify its sources of income.
2019-3-19 11:42 | |
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It seems investors and Facebook users still won’t be phased by increasing pressure on the social media giant and its CEO Mark Zuckerberg. Despite data privacy concerns, tax hits, and scrutiny from global governments Facebook’s share price has risen and with it Zuckerberg’s wealth.
2019-3-12 10:46 | |
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Interest in Facebook’s forthcoming stablecoin is beginning to take hold in the broader financial market. According to a report published by CNBC on Mar. 11, Barclays analyst Ross Sandler wrote in a client note that.
2019-3-12 03:36 | |
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An analyst at Barclays predicted that a possible “Facebook Coin” could generate $19 billion in additional revenue by 2021
2019-3-12 00:20 | |
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According to a client note issued by Barclay’s internet analyst Ross Sandler, Facebook’s launch of its own digital currency could yield billions in additional revenue for the firm. The social network has been reportedly developing its own stable-coin, although precise details of the project remain limited.
2019-3-12 00:00 | |
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Barclays Analyst: Facebook’s Crypto Could Be A $19 Billion USD Revenue Opportunity You may have heard that Facebook is considering the launch of its own crypto. There are rumors about that for a long time now and analysts say that it could be a huge business opportunity for the company. Now, the Barclays bank has […]
2019-3-12 23:26 | |
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There’s a massive upside for Facebook entering the crypto space, according to tech analysts on Wall Street. The Facebook cryptocurrency, which will reportedly be used to facilitate cross-border payments and will have stablecoin properties, is worth at least $19 billion in revenue within the next two years, CNBC reports.
2019-3-12 21:14 | |
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We live in a world where technology is increasingly ubiquitous and showing no signs of slowing down. Whether in our professional or personal lives, the always-on, always-connected nature of life in 2019 seems to be unavoidable.
2019-3-3 16:30 | |
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CoinSpeaker Bringing Tokenized Apple & Facebook Stocks to the Bottom Billion on Blockchain DX Exchange and Perlin are collaborating to empower millions of retail investors from the world’s poorest populations to own fractional shares in leading traditional stocks like Apple, Facebook and Tesla in digital "tokenized" form.
2019-2-25 17:01 | |
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CoinSpeaker Facebook (FB) vs. Snapchat (SNAP) Stock: Who is Gutting Who? It seems that Snap stock has all but given up the ghost. The social network was worth $31 billion after its public debut two years ago.
2019-2-15 16:37 | |
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American social news aggregation site Reddit has raised $300 million in a Series D funding round at a market valuation of $3 billion. The capital injection was led by Chinese multinational conglomerate Tencent Holdings who invested $150 million into the social site.
2019-2-12 01:37 | |
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In what can only be further evidence of the global reach of Facebook, reports show that the social media platform earned $5 billion in revenue from China. Yet Facebook has been prohibited in China since 2009.
2019-2-10 15:08 | |
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Facebook made the news last week when The New York Times’ Mike Isaac reported that CEO Mark Zuckerberg intended to integrate the company’s three messaging platforms: WhatsApp, Messenger, and Instagram.
2019-1-28 16:23 | |
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In recent years, Facebook has arguably been the most popular app in a lot of major markets across the globe. However, WhatsApp, one of the apps it acquired, has surpassed it in terms of monthly active users.
2019-1-17 15:28 | |
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Blockchain, Cryptocurrency, Facebook–Last week, EWN reported on an industry rumor that Facebook, the social media giant with over 2 billion active users, was in the process of developing a new stablecoin cryptocurrency.
2018-12-27 04:58 | |
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The first step in conducting online propaganda efforts and misinformation campaigns is almost always a fake social media profile. Phony profiles for nonexistent people worm their way into the social networks of real people, where they can spread their falsehoods.
2018-12-24 16:00 | |
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Cryptocurrency’s first killer application may be well on its way from the rosters of Facebook, a company ironically known for practices contrary to the ethos of decentralized currencies and blockchains, reported South China Morning Post on December 21, 2018.
2018-12-22 15:00 | |
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It has been long been known that Facebook was working on a blockchain and crypto project. Most suspected that the new token would facilitate payments for Facebook’s 2. 5 billion users on its social media platform.
2018-12-22 23:46 | |
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Bitcoin (BTC), Cryptocurrency, Facebook–On Dec. 20th, EWN reported on the development that Facebook, the world’s largest social media platform with over 2 billion active users, is in the process of creating a new cryptocurrency to be used for WhatsApp transfers.
2018-12-21 20:22 | |
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Top technological stocks have lost more than $1 trillion dollars in market capitalization since their all-time high. This is certainly more than what the crypto market lost since it reached almost $900 billion dollars back at the beginning of the year.
2018-11-24 21:42 | |
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Facebook released its community standards report today, in which it detailed how it dealt with fake news, spam, hate speech, and terrorist propaganda on its platform. The company noted that, between April and September 2018, it removed a whopping 1.
2018-11-16 10:16 | |
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Chris Hughes became super wealthy thanks to his Facebook stock. Now, this entrepreneur from Silicon Valley wants to restore the middle class, and believes this can be done through his idea. His new book, Fair Shot, outlines a guaranteed income for the poor in the US.
2018-11-10 05:00 | |
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As the CEO of Hut 8, one of North America’s largest cryptocurrency miners and the world’s largest publicly traded cryptocurrency miner, I’m often asked questions about energy consumption in the mining of cryptocurrency.
2018-11-1 23:35 | |
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One of 201800 — was issued by the UK Information Commissioner‘s Office today and cements the initial ruling in July, the Guardian reports. It doesn’t take a genius to work out that the fine is pocket change for the social media giant.
2018-10-25 17:12 | |
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If blockchain-based identity platform Civic is to go mainstream, then making it simple for as many businesses and consumers as possible to start using its app will be key.
2018-10-23 20:50 | |
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Facebook’s data breach from last week – which impacted more than 50 million users – might cost the company a pretty penny. If the European Union’s (EU) watchdog finds that the company violated privacy laws, it could face a massive fine of $1.
2018-10-2 13:00 | |
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Bitmain, the biggest company in bitcoin mining, has filed for its IPO in Hong Kong. As part of the approval process, the company submitted a prospectus to the Hong Kong stock exchange at the end of August 2018.
2018-9-28 23:08 | |
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In the past ten years, Facebook has grown from a mere social media platform to one of the biggest internet companies the world has ever seen. With its recent acquisitions of Instagram and WhatsApp, it has comfortably positioned itself in the minds of over two billion people.
2018-9-25 07:00 | |
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Back in 2014, Mark Zuckerberg made a $3 billion dollar bet through the acquisition of Oculus Rift that virtual reality (VR) would soon become one of the most social platforms that ever existed.
2018-9-20 13:52 | |
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Japanese telecom giant SoftBank has denied media reports of its involvement in a pre-IPO funding round of bitcoin mining rig manufacturer Bitmain. Last week, several media outlets had reported that SoftBank and Chinese internet giant Tencent were leading a pre-IPO funding round for Bitmain.
2018-8-21 18:03 | |
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It’s no doubt that Facebook stands as the most popular and extensively used social media network in the world. As such, it enjoys a massive user base spanning billions – 2. 2 billion users, to be precise.
2018-8-17 22:43 | |
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Tether’s CEO clarified the firm's position on an official blockchain USDT hit a new high of $120B, reinforcing its position in the stablecoin sector Tether CEO Paolo Ardoino is in the newsThe post ‘Neutrality is important’ - Tether CEO refutes claims of building ‘Tether chain’ appeared first on AMBCrypto.
Are stablecoin reserves holding back liquidity flows into Bitcoin? Bitcoin ETFs have grown significantly lately and might have influenced the crypto's price too Stablecoins play a vital roleThe post Bitcoin and the risk of stablecoin liquidity shortage - Holders should know THIS! appeared first on AMBCrypto.
VanEck’s head of digital assets research, Matthew Sigel, criticized a recent US Treasury Department’s views on digital assets in a recent report, claiming it had an anti-stablecoin stance based on outdated academic views.
Rune Christensen, founder of Sky (formerly MakerDAO), has proposed a strictly deflationary approach to the protocol’s governance token as the community prepares to vote on whether to revert its brand or not on Nov.
Tether Limited reported $2. 5 billion in net profit for the third quarter, bringing its year-to-date profits to a record-breaking $7. 7 billion. The firm’s strong third-quarter numbers were primarily boosted by its gold holdings, which amount to roughly $5 billion, recording $1.
The company's flagship stablecoin USDT is the third-largest cryptocurrency with a $120 billion market capitalization.
Injective has announced the launch of Agora’s AUSD stablecoin on the mainnet. AUSD reserves are backed by VanEck and custodied by State Street. AUSD Injective’s first native stablecoin and will be key to the blockchain network’s DeFi ecosystem.