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Facebook’s Libra Will Play a Huge Role in the Future of Money, Top VC Believes
Money will be digital in ten years’ time, much like books and music now are, believes Katie Haun. The general partner at venture capital firm Andreessen Horowitz also believes that Libra will play a key role in the digitization of money. дальше »
2020-6-2 00:44
Most Important Cryptocurrency Industry Milestones of 2019
As we approach the end of 2019, it’s time to take a look back and take stock of events that marked watershed moments in the cryptocurrency industry. Here is our roundup of the most important milestones in the sector for 2019. дальше »
2020-1-1 17:47
Facebook Loses Data for 267 Million Users, Calls Libra Security Into Question
Following the exposure of 400 million users in September, Facebook has suffered another data breach. This failure resulted in the exposure of more than 267 million users, mostly residing in the U. дальше »
2019-12-23 13:20
As Facebook Faces New Inquiry, Libra Looks Unlikely to Earn Public Trust
As Facebook undergoes an onslaught of criticism for its practices, questions surrounding the launch of its Libra digital currency continues to mount. Given that cryptocurrencies have been designed to circumvent the problem of trust, can Facebook do anything to overcome its issues relating to privacy? The furor over Facebook and its exploitation of user data […] The post As Facebook Faces New Inquiry, Libra Looks Unlikely to Earn Public Trust appeared first on BeInCrypto. дальше »
2019-12-4 23:14
Facebook’s Libra Will Generate Revenue Through Advertising (But Your Data Will Remain Safe)
The co-creator of Facebook’s cryptocurrency has further clarified how Libra is expected to operate and provided some insight into what we can expect for the much-maligned stablecoin. According to a recent speech by Christian Catalini, Facebook’s new stablecoin will generate profit through a new advertising revenue model that is kept entirely separate from Facebook. дальше »
2019-11-13 07:24
Leading Chinese Economist Says Libra Should Be in IMF Custody
Zhou Xiaochuan, the chairman of the People’s Bank of China from 2002 to 2018, has come out saying that Libra would work better if controlled by the International Monetary Fund (IMF). China has been watching Facebook’s Libra digital currency plans closely. дальше »
2019-11-9 00:12
Facebook’s Libra: Everything You Need to Know About Congress’ Latest Hearing
A few hours ago, Facebook CEO Mark Zuckerberg testified before Congress to answer politicians’ questions about the controversial Libra project. This would be the third time that regulators have met with Facebook, but on previous occasions spoke to Libra project lead, David Marcus. дальше »
2019-10-25 20:14
Facebook Considering Stablecoin Alternatives to Ensure Libra Launch
Facebook is currently facing a race against time to ensure the survival and ultimate launch of Libra, its stablecoin project. While it is fair to say that the odds are stacked pretty high against the social media behemoth, new reports are suggesting that the company might be open to making a fundamental change to Libra. дальше »
2019-10-22 03:15
Facebook’s Libra Should Be ‘Prevented’ Says German Lawmaker
Facebook’s Libra stablecoin, designed to facilitate international finance without the strains of government interference, has come under increasing pressure. This Friday, German Finance Minister Olaf Scholz added fuel to the fire, saying that Libra should be ‘prevented. дальше »
2019-10-20 17:20
Bitcoin is Digital Gold, Acknowledges Facebook Libra Co-Creator
David Marcus, the co-creator of Facebook’s Libra cryptocurrency, has clarified the purpose of Libra in a world where the cryptocurrency market is dominated by Bitcoin. At the outset of an interview with CNBC, David was asked “Do you own any cryptocurrency currently, [. дальше »
2019-10-17 11:40
‘Visa and Mastercard Could Have Slowed Us Down,’ Claims Libra’s Managing Director
Despite the bad publicity over Visa and Mastercard leaving Facebook’s cryptocurrency project, the newly-elected Managing Director and COO of Libra, Bertrand Perez, said that it won’t slow down its development. дальше »
2019-10-15 16:02
Majority of Libra Founding Partners Have Suspicious Facebook Connections
Facebook’s troubled cryptocurrency project Libra continues to find itself slipping further down in a seemingly bottomless pit of controversy. Less than a week after losing a key founding partner in PayPal, Libra’s credibility as a decentralized digital currency has now come under the scanner. дальше »
2019-10-9 17:15
Apple CEO The Latest To Lash Out At Libra
It is no longer the governments, lawmakers, and regulators who have an issue with Libra and its development as a privately-issued digital currency; Apple CEO Tim Cook has now also weighed in with his thoughts. дальше »
2019-10-4 13:20
European Court’s Facebook Ruling Could Nip Libra in the Bud
The European Court of Justice, the top court of the European Union, has made an important decision on the global reach, power, and influence of the social media giant, Facebook. The ruling allows for individual countries to force Facebook to take down posts, photographs, and videos, as well as restrict access to any unwanted content. дальше »