Facebook’s Beat Studio Purchase Highlights Gaming’s Love-Hate VR Take

2019-11-27 14:23

Xbox drifts away from tech, while Sony remains heavily invested. Facebook and… The post Facebook’s Beat Studio Purchase Highlights Gaming’s Love-Hate VR Take appeared first on CCN.com

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American Banker: Does the US Need an Ally Like Libra to Take on China’s Digital Currency Growth

Facebook's universal digital currency project Libra might be at the receiving end of regulators and governments around the globe, but looking at China's accurate adoption of blockchain technology and the slated launch of its central bank-issued digital currency (CBDC) by the end of this year, the US might need an ally like Libra to help […]

2019-11-11 22:17


Libra, digital renminbi not a threat to Bitcoin: Billionaire Novogratz

Soon after Facebook CEO Mark Zuckerberg testified in Congress supporting Libra initiative, numerous entrepreneurs have gone public to give their take on the episode. American Billionaire Michael Novogratz featured in a CNBC interview to highlight some of the mistakes that Facebook made while introducing the idea of launching in house cryptocurrency.

2019-10-24 21:30


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Facebook’s Libra ‘cryptocurrency’ is turning into a soap opera — and it’s gonna be a long season

Facebook’s controversial ‘cryptocurrency’ project is turning into a bit of a soap opera, starring the tech giant and regulators as the main characters. Just yesterday, Germany’s finance minister Olaf Scholz said the departure of several high-profile partners from the project was a good sign, but unsurprisingly the Libra Association had a different take altogether.

2019-10-16 12:48


Twitter Rubbishes Libra Co-Creator’s Crypto-Fiat Pledge

An attempt by the co-creator of Facebook’s cryptocurrency to “debunk” the notion that Libra will not threaten the sovereignty of nations has been greeted with skepticism on Twitter. While defending Libra from recent accusations that it would take away the monetary sovereignty enjoyed by central banks, David Marcus doubled down to insist Facebook crypto will […] The post Twitter Rubbishes Libra Co-Creator’s Crypto-Fiat Pledge appeared first on CCN.com

2019-9-17 22:22


China’s Govt Crypto Readies Huge November Launch to Steal Libra’s Thunder

Facebook’s fears that the bottlenecks tech firms in the free world face in developing cryptocurrencies risks opening the door for more closed societies to take the lead have been confirmed. According to Forbes, China has already developed a state-backed cryptocurrency known as DC/EP (DC- Digital Currency, EP – Electronic Payments) that could be unveiled in […] The post China’s Govt Crypto Readies Huge November Launch to Steal Libra’s Thunder appeared first on CCN Markets

2019-8-30 14:43


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.

2019-7-17 23:27


Libra and Bitcoin: Friends, Enemies or just Frenemies?

The rise of Facebook and its intention to enter the cryptosphere has got many people talking and wondering if Libra might actually take over Bitcoin as the leading cryptocurrency. This kind of assertion shouldn’t be surprising, considering the fact that most people don’t even understand the very idea of the blockchain technology in the first […] The post Libra and Bitcoin: Friends, Enemies or just Frenemies? appeared first on ZyCrypto.

2019-7-16 19:50


France shares President Trump’s apprehension about Facebook’s Libra

A source in France’s Finance ministry has disclosed that France would take the same stance as made clear by President Trump’s tweets earlier today, reported Financial Times. More specifically, the ministry shares the idea that allowing a private company to set up the equivalent of a national currency was a red line that cannot be […] The post France shares President Trump’s apprehension about Facebook’s Libra appeared first on AMBCrypto.

2019-7-13 01:30