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China’s Digital Currency Is Ready, Central Bank Says
The People’s Bank of China says a prototype of its digital currency has been fully developed, and it is now ready to launch
äàëüøå »2019-8-12 21:52
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Who Is David Marcus: Bitcoin Believer Turned Facebook’s Libra Boss
An early Bitcoiner and a real “mensch”: a portrait of a man behind Facebook’s crypto project Libra, David Marcus
äàëüøå »2019-8-12 00:03
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Court Slams Facebook, Allows Privacy Class Action Worth Billions
Facebook and Mark Zuckerberg just had their ears boxed by the 9th US circuit Court of Appeals regarding privacy concerns related to Facebook’s facial recognition technology. The decision by the court opens the possibility of a massive Facebook class action lawsuit that might cost it billions of dollars. äàëüøå »
2019-8-9 13:12
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Facebook is courting publishers with multi-million dollar deals to launch its news tab this fall
Facebook is keen to become a major news distributor again, after being lambasted for years over its role in aiding the spread of misinformation. A report from the Wall Street Journal last night indicated that the social network is offering major publications multi-million dollar deals to bring them on board its upcoming news service. äàëüøå »
2019-8-9 09:00
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Facebook’s Libra Continues To Receive Worrisome Outlooks From Global Finance Regulators
Libra, the cryptocurrency project headed by Facebook and the Libra Association, is getting heat from several privacy and data protection regulators around the world. According to recent reports made by The Block Crypto, regulators from countries such as the United States, Canada, United Kingdom, Australia and the European Union are all concerned about Libra and […] äàëüøå »
2019-8-7 22:35
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Facebook Onboards Former Aide Of US Senator To Lobby For Its Libra Crypto Project
The world is watching Facebook and all of its moves related to the creation and regulation of the Libra stablecoin. Now, in order to protect its interests, Facebook has decided to hire a new person for its lobby team: Susan Zook. äàëüøå »
2019-8-6 21:13
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United Kingdom’s Data Protection Agency Is Concerned About Facebook’s New Project Libra
The United Kingdom’s Information Commissioner’s Office has recently decided to request that the Libra Association should provide more details on how the group will protect the data that will be gathered by the users of the upcoming Facebook Libra stablecoin. äàëüøå »
2019-8-6 23:04
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Former Executive of Bank of Japan Believes Libra Could Undermine Current Financial Policies
A former executive with the Japanese bank believes that globally coordinated regulation of Libra could eradicate complications with the current financial system. Facebook has stated that the launch of Libra may not ultimately happen. äàëüøå »
2019-8-3 20:52
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Facebook open-sources APIs to help fight child exploitation and terrorist propaganda
Facebook today announced it’s open-sourcing two technologies that help it curb the spread of problematic content like child exploitation, terrorist propaganda, or graphic violence online. These technologies aid the social network in detecting identical and nearly identical photos and video in order to weed out content that’s been flagged as being in violation of its policies. äàëüøå »
2019-8-2 08:50
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India, U.S. Governments Move to Rein in Facebook, Libra Cryptocurrency Project
The Facebook Libra cryptocurrency project is facing pushback from Indian lawmakers. According to Economic Affairs Secretary Subhash Garg, the firm’s digital currency is privately-controlled and this fact alone makes the… The post India, U. äàëüøå »
2019-7-30 18:14
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Facebook Warns of “No Assurance” Libra will be made Available on Time, if “At all”
In the risk factors section of the Q2 report, the social media said that it recognizes the significance of the pushback from regulators and lawmakers since the project was announced in June. “Libra has drawn significant scrutiny from governments and regulators in multiple jurisdictions and we expect that scrutiny to continue,” Facebook said in its […] äàëüøå »
2019-7-30 17:06
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Coincheck Owner Monex Group Plans to Serve as One of Facebook Libra’s Partners
Japan’s established online brokerage, Monex Group Inc. has supposedly applied to onboard the Libra Project’s list of partners, with the anticipation of becoming the next to join the association, reports Coin Desk. äàëüøå »
2019-7-26 20:08
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Swiss Data Protection Watchdog Awaits Official Details On Facebook’s Libra Project
The Swiss Federal Data Protection and Information Commissioner (FDPIC) said it is still waiting to hear from Facebook regarding its supposed oversight of Libra, the social media giant's proposed cryptocurrency. äàëüøå »
2019-7-25 23:09
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Facebook gets away with $5B FTC fine for leaking your data
The US Federal Trade Commission (FTC) has slapped a $5 billion fine on Facebook in wake of the Cambridge Analytica scandal and its other data leaks. In an agreement filed today, the FTC has also ordered the social network to make privacy-related changes to avoid such mishaps in the future. äàëüøå »
2019-7-24 17:08
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Senate Committee schedules another hearing; has Libra woken up a regulatory sleeping giant?
All eyes will be on Washington D. C. once again. The cryptocurrency industry, from a regulatory standpoint, will be divided into two phases of history; one before Libra and the other after. Since Libra was unveiled in mid-June, regulators the world over have not let up. äàëüøå »
2019-7-24 14:00
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Facebook releases AI-powered tools to map the world
Facebook today released a bunch of machine learning-powered tools to help create maps of the world. The company’s tools, called Map with AI, will help the community-based OpenStreetMap organization to create crowd-sourced maps easily. äàëüøå »
2019-7-24 08:30
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Facebook’s Stock Falters as the DOJ Knives Come Out
Facebook’s stock fell 1. 5 percent in after-hours trading to $199. 27 on two issues that may likely portend the future of the tech giant. Facebook Faces Frustrating Fracas There are a number of different issues facing Facebook right now. äàëüøå »
2019-7-24 05:05
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Facebook and Instagram Are Having Problem With Fraudulent Libra Scam Ads
Scammers are everywhere and they are just looking for a chance to steal money from people. As soon as Facebook unveiled its new Libra project, several scammers decided that it was a good idea to mimic the project in order to steal money and now Facebook and Instagram are having to deal with the shameless […] äàëüøå »
2019-7-24 23:55
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Facebook Accused of Moving Fast to “Break Things” During Senate Hearing
Libra project head, David Marcus, has had the uphill task of mollifying skeptical lawmakers. Appearing before the Senate Banking Committee hearing earlier this week, the former PayPal executive was in… The post Facebook Accused of Moving Fast to “Break Things” During Senate Hearing appeared first on CoinCentral. äàëüøå »
2019-7-24 22:06
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German Central Bank Tells Why Governments Should Take A Neutral Position On Facebook’s Crypto Project
The central bank of Germany, the Bundesbank, released a bulletin in which they say that Libra’s benefits should be allowed despite regulatory uncertainty. The bulletin was titled Crypto tokens in payment transactions and in securities settlement and it was published on July 22nd, according to Cointelegraph. äàëüøå »
2019-7-23 18:54
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Will Regulators Apply Stricter Rules on Bitcoin Upon Investigating Facebook’s Libra Stablecoin?
In a tweet made out on Thursday, July 18, 2019, blockchain and crypto attorney, Stephan D Palley shared his viewpoint on Facebook’s Libra. Said activity isn’t the first of its kind, as many world leaders, countries and business tycoons have been assessing Libra’s pros and cons. äàëüøå »
2019-7-22 23:13
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Libra Is An “Innovative Concept” And Should Not Be Suppressed: Germany’s Central Bank Head
Jens Weidmann, the President of Germany’s Central Bank Bundesbank, stated that global regulators should not suppress Facebook’s Libra project in its early stages. The statement appeared in an email newsletter shared by Mati Greenspan, a senior marketing analyst at eToro. äàëüøå »
2019-7-20 20:40
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Libra Concerns Expressed by German and Thai Officials, Risks Need to be Assessed Before Moving Forward
Ever since Facebook revealed news regarding its involvement in the Libra Association, with a total of 28 founding members working towards the stablecoin, Libra, many leaders have since expressed concern. äàëüøå »
2019-7-20 23:18
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Ripple CEO Calls Facebook’s Entry Into Crypto “Brazen,” Calls Out For A Level Playing Field
Ripple CEO Brad Garlinghouse has made his stance on Facebook’s cryptocurrency project Libra very clear, follow the rules. On July 17, Garlinghouse tweeted that the social media giant's “goal to create a new fiat currency” should be held to the same standard as any other regulated financial institutions. äàëüøå »
2019-7-19 19:30
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Shark Tank Judge Kevin O’Leary Is Bullish On Facebook’s Libra, Thinks It Will Bring Bitcoin To Zero
Shark Tank Judge Kevin O’Leary Bullish On Facebook’s Libra says Bitcoin Would Soon Come Down to Zero Kevin O'Leary from Shark Tank and chairman of O’Shares ETFs says is quite bullish on Facebook’s nascent crypto project Libra. äàëüøå »
2019-7-19 19:05
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Libra’s Lightning Swap: Why It’s Important
One of Facebook's worst kept secrets, apart from its users private information, is its dedicated cryptocurrency and blockchain solution known as Libra. In the very short period of time that its White Paper has been made available to the public, the blockchain, crypto, tech, etc communities have shown it a panoply of emotions. These ranged […] äàëüøå »
2019-7-19 18:48
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Blockstream’s Samson Mow: “Facebook Should Have Just Used Bitcoin” Regarding Libra Project
The combative hearing in the U.S Congress in the past two days left citizens and other onlookers with much doubt on the success of Facebook’s Libra. While Bitcoin (BTC) caught on a bullish vibe across the financial committee led by Maxine Waters, Libra’s CEO David Marcus was under fire on the privacy of data issues […] äàëüøå »
2019-7-18 19:28
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JP Morgan CEO Does Not Think Libra Is A Threat To The Banking Or Credit Card Sector
JP Morgan Does Not Think Libra Is A Threat To The Banking Sector Libra, the nascent cryptocurrency project of social media giants Facebook has created quite a storm among policymakers and regulators all around the globe. äàëüøå »
2019-7-18 18:29
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Former CFTC Chair Calls For Facebook’s Libra Cryptocurrency To Be Regulated As A Security
Former chairman of the United States’ Commodity Futures Trading Commission (CFTC), Gary Gensler has said that he is of the view that Facebook’s Libra should be considered as a security. Gensler made the statement in his remarks to the U. äàëüøå »
2019-7-18 21:21
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UK Chancellor Gives Official Opinion on Benefits and Risks of Facebook’s Libra
The chancellor of the United Kingdom, Philip Hammond, has been recently featured on CNBC’s Squawk Box to talk about the upcoming Libra, the crypto created by Facebook. He talked about the dangers and possibilities that surrounded it and whether it would need a banking license or not. According to Hammond, Libra will have an effect […] äàëüøå »
2019-7-17 18:30
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Bitcoin Price Plummets Under $10K As Lawmakers Take on Facebook’s Crypto
Over the weekend, United States President Donald Trump tweeted about Facebook’s Libra cryptocurrency and expressed his negative thoughts about the corporation’s idea of the future of money. He also made comments about Bitcoin, and the entire emerging financial asset class of cryptocurrencies, and spoke of their “unlawful” usage in activities like cybercrime, ransomware, and money […] The post Bitcoin Price Plummets Under $10K As Lawmakers Take on Facebook’s Crypto appeared first on ZyCrypto. äàëüøå »
2019-7-17 23:27
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Airdrop Coinstelegram (CTM) – the last deadline is July 21!
Dear friends, as part of our bounty campaign, Coinstelegram conducts airdrop of CTM tokens. As in any bounty campaign, we proposed to fulfill several simple conditions in order to get 30 CTM (0. 3 ETH). äàëüøå »
2019-7-16 21:09
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U.S Government Seeks to Ban Facebook, Others, from Financial Services including Cryptocurrency
In what can only be interpreted as a crackdown on the growth of digital assets in the United States, the House Financial Services Committee’s Democratic majority is currently circulating a new proposal for discussion. äàëüøå »
2019-7-16 20:08
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Japan Analyses Libra’s Economic Influence And How It Can Affects Financial Stability as G7 Approaches
Japan analyses Libra influence on the economy and the impact it can have on the economy The virtual currency was announced by Facebook on June 18 Japan is analyzing the effects that the recently announced Libra stablecoin would have on the financial markets and the economy. This is according to a recent report released by […] äàëüøå »
2019-7-14 19:28
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France Finance Ministry Agrees With President Trump’s Stance On Libra And Monetary Sovereignty
There are reports coming from France’s Finance Ministry that confirms that they have the same stance as Trump when it comes to Facebooks Libra. President Trump claimed on Thursday that Facebook should have to register as a bank and submit to banking regulations if it plans to move forward with Libra, which company officials have […] äàëüøå »
2019-7-13 20:10
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ETH Pioneer Mihai Alisie Questions Libra’s Centralization And How It Could Affect Users’ Privacy
The co-founder of Ethereum (ETH) Mihai Alisie considers that Facebook could erode users’ privacy with the new digital currency called Libra. As reported by Bloomberg, Mihai Alisie fears the erosion of privacy and corporate control of the network. äàëüøå »
2019-7-13 18:55
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Calibra Wallet App Team Is Searching For A Research Scientist To Work At Menlo Park
Facebook continues to expand after announcing the launch of its new digital currency Libra. The team behind the Calibra Wallet informed that they are currently searching for an economics researcher for the digital currency wallet that will be powering the Libra digital currency. äàëüøå »
2019-7-12 21:20
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Dallas Mavericks NBA Team Governor Mark Cuban: Facebook’s Libra Coin May Be Dangerous
Cryptocurrency enthusiast and Billionaire tech entrepreneur Mark Cuban has launched a daunting attack on the new cryptocurrency project by Facebook called Libra, stating that he is not a fan of the new coin, basically because it could be very dangerous to both the traditional financial sector and the cryptocurrency community at large. Libra is a […] äàëüøå »
2019-7-12 20:16
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Mark Carney On The Start Of Facebook’s Coin: “Libra’s Fundamentals Need To Be Absolutely Flawless”
In an interview given to a respected crypto media outlet a couple of days back, Bank of Governor Mark Carney stated that in order for Facebook Inc. ’s stablecoin offering to succeed, the asset’s underlying framework needs to be absolutely ‘bulletproof from day one’. äàëüøå »
2019-7-12 16:57
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