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Libra exec promises Facebook’s plan isn’t to replace existing currencies

The Libra Association really wants us to know that Facebook cryptocurrency is not being created to replace existing currencies. Manager Director Bertrand Perez, speaking at a blockchain conference hosted at the United Nation headquarters in Geneva today, said: “We are not in the area of implementing any monetary policy with the (Libra) Reserve. дальше »

2019-9-27 14:06


Binance Positions Its Project Venus Stablecoin As Government-Friendly Libra Competitor

Binance, one of the largest crypto exchanges in the world, is marketing its new stablecoin Venus as an alternative to Libra that can be really friendly to governments. The project was revealed last month, when the CEO of Binance, Changpeng Zhao, affirmed that the company would be creating several stablecoins around the world. Now, the […] дальше »

2019-9-18 20:58


India’s Popular ‘Who Wants to Be a Millionaire’ Show Gives Crypto a Boost

One of the most popular reality TV shows in India called Kaun Banega Crorepati, based on the show ‘Who Wants to Be a Millionaire,’ has just given crypto a boost. A contestant on the show was asked a question about Facebook’s Libra cryptocurrency, and the show’s host, Amitabh Bachchan, proceeded to explain what cryptocurrencies are […] The post India’s Popular ‘Who Wants to Be a Millionaire’ Show Gives Crypto a Boost appeared first on Bitcoin News. дальше »

2019-9-10 13:05


Facebook’s Libra does not have any characteristics associated with cryptos, claims Jake Chervinsky

The introduction of Facebook’s Libra has been one of the highlights of 2019, but it was not smooth-sailing for the virtual asset. The Facebook-backed stablecoin received collective criticism from government officials, crypto-personalities and a majority of the community, with many questioning its potential use cases and characteristics as a cryptocurrency. дальше »

2019-9-7 20:30


Malta-based Binance promises to work with regulators for its Venus project

After Facebook’s crypto-project, Libra, managed to grab the attention of crypto-paparazzi for all the wrong reasons, many entities have attempted to fill the void that Libra may be leaving. The Matla-based crypto-exhchange, Binance, is one of those entities and it aims to grab more headlines, especially after it recently launched Binance X. дальше »

2019-8-31 21:30


In the fight between Facebook and regulators, Congress could weaponize Libra to strengthen the U.S dollar

“All warfare is based on deception,” Sun Tzu, The Art of War.  In the midst of a ceremonious battle, it so often happens that two opposing forces find one common ally. An entity that for better or for worse, inextricably ties the two sides together, either giving them a cause to fight for or fight […] The post In the fight between Facebook and regulators, Congress could weaponize Libra to strengthen the U.S dollar appeared first on AMBCrypto. дальше »

2019-8-7 18:30


Walmart Applies for a Cryptocurrency Patent for Its Stablecoin Mimicking Facebook’s Libra?

Multinational retail corporation, Walmart has filed for a patent with the US Patent & Trademark Office for what seems like the firm’s respective stablecoin, the Walmart Coin. As per the brief overview of the application, the need for a method was outlined as follows: “Generating one digital currency unit by tying the one digital currency […] дальше »

2019-8-3 19:47


Two Main Factors That Can Speed Up The Next Major Bull Run To New All-Time High Values

After the great bull run witnessed in 2017, most of the enthusiasts are speculating on what will be the influential factors that will foster the next one. Some moments seem to bring us closer to it, for example, the news of Facebook entering the Crypto World with Libra or the major partnerships some blockchain and […] The post Two Main Factors That Can Speed Up The Next Major Bull Run To New All-Time High Values appeared first on ZyCrypto. дальше »

2019-7-24 10:33


Difference of Libra and Crypto Noted In Congress as Bitcoin Gets Clear Distinction from Facebook’s Coin

Deliberations in Congress about Facebook’s Libra have shown that Congress may have a grasp of crypto and what it entails. During the hearing where Facebook was represented by its executive David Marcus, legislators made it a point to differentiate between cryptocurrency projects that are currently in existence and the project Facebook proposes to launch. One […] дальше »

2019-7-23 18:37


“This Is The Revolution: We Just Have To Sell It” – Congressman Schweikert On Blockchain

Facebook took a hammering this week, with the proposed Libra currency taking fire from blockchain skeptics and decentralization advocates alike. But there is one silver lining to come from this weeks’ hearings: the prospect of a global, corporate digital cryptocurrency appears to have spurred Congress into action. дальше »

2019-7-18 19:31


“Zuckbucks” encounters resistance due to Facebook’s damaged reputation, Libra may precipitate unfavorable legislation

Facebook’s Calibra CEO David Marcus took another beating, this time from members of the House, with one lawmaker even scorning the proposed Libra cryptocurrency as “Zuckbucks. ” Marcus went before members of the House Financial Service Committee to explain the social media platform’s ambitious proposal to enter the crypto space. дальше »

2019-7-18 00:26