2020-12-2 17:00 |
The Libra Association is rebranding itself as Diem to distance itself from the original multi-currency stablecoin vision as it prepares for a possible 2021 launch.
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Another week, another round of Crypto Tidbits. What a week for Bitcoin (BTC). Over the past seven days, the cryptocurrency market has incurred massive volatility as Bitcoin has found itself at a crossroads between a resumed macro uptrend and a redux of 2018’s “Crypto Winter.
2019-10-26 22:00 | |
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There’s a peaceful tech revolution happening, with proxy battles on many fronts, and moving parts across the world, as a leap in finance itself stands to bring a new dawn.... The post Libra, Silicon Valley v Banks Take Two or Cooption of the Decentralized Movement? appeared first on Trustnodes.
2019-10-24 16:09 | |
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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 | |
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Facebook is losing more friends in its initiative to launch Libra, and PayPal’s announcement to withdraw from the Libra Association seems to have exposed the cracks inside an association that is starting to fall apart.
2019-10-12 00:00 | |
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Facebook appears to be struggling to get Libra up and running. The project has been so controversial at a legal, technological, and even geopolitical level that its promoters seem more concerned every day.
2019-10-10 08:17 | |
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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.
2019-10-9 17:15 | |
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On Sunday, Bitcoin (BTC) found itself suffering, with bulls failing to step in to save the cryptocurrency from falling through the ever-important $8,000 support level. Related Reading: Crypto Tidbits: SEC Declares Bitcoin a Non-Security, Ethereum DeFi Gains Traction, PayPal Leaves Libra By Monday morning, the Bitcoin price hit $7,800 — a level that analysts said.
2019-10-8 22:04 | |
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Welcome, it’s time for Moonday Mornings. If you don’t know what it is, where have you been? It’s Hard Fork’s wrap-up of the weekend’s top cryptocurrency and blockchain headlines. Take a look.
2019-10-7 11:52 | |
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Another week, another of Crypto Tidbits. After last week’s collapse, Bitcoin (BTC) took some time to settle, finding itself trading in the low-$8,000s for an extended period of time. Analysts are currently divided over what this consolidation means for the cryptocurrency market’s short-term future, with some even arguing that this is a precursor to another bear.
2019-10-6 21:00 | |
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Tether [USDT] has established itself as the most widely used stablecoin across the cryptosphere. However, several institutions in the recent past have made their entry into the world of cryptocurrencies through stablecoins, hoping to displace USDT.
2019-10-2 09:30 | |
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Facebook is laying its claim as the saviour of the free world. You read that right. A company whose motto, according to the underwebs of Silicon Valley, is “Move Fast and Break Things,” is positioning itself as the digital shining light for democracies everywhere.
2019-9-20 17:00 | |
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While Facebook (FB) is planning to acquire Swiss payment system license for Libra, France is not at all interested in letting its cryptocurrency project — expected to launch in 2020 — get off the ground.
2019-9-12 18:44 | |
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Coinspeaker Europe, Led by France, Set to Block Facebook’s LibraFrance warned that it will block the development of Facebook’s planned Libra cryptocurrency in Europe as it represents itself a threat for the “monetary sovereignty” of governments.
2019-9-12 16:58 | |
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Another messaging platform is readying itself for the launch of its cryptocurrency. Telegram is all set to launch its native digital currency,”GRAM,” in the next two months, with a deadline around the close of October.
2019-8-28 11:29 | |
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Facebook’s Libra may be facing multiple threats from regulators, but the same critics are now racing to beat the social media giant at its own game. Experts: Chinese Libra May Come First The US, China and European Union are all concerned about Facebook’s digital currency.
2019-8-23 18:00 | |
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Crypto was designed to eventually serve as a complete replacement for fiat currencies like the US dollar as the entire world moves into a fully digital age, so money itself can more easily and quickly be managed without the requirement of a third-party intermediary.
2019-7-31 04:00 | |
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Menlo Park, we have a problem! In every industry, there comes a time when someone/something surges before eventually faltering, leaving everyone with the feeling of ‘what could’ve been.
2019-7-30 17:57 | |
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Ripple CEO Brad Garlinghouse has stated that the high level of scrutiny that Facebook has invited from regulators and policymakers with regards to the Libra cryptocurrency efforts is of the social media giant’s own making.
2019-7-30 14:24 | |
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Jeremy Allaire’s Circle issued a U. S. dollar-backed stablecoin before stablecoins were cool. Now that Facebook has joined the fray with its Libra coin, which is designed to be backed by a basket of fiat currencies (and maybe other financial instruments), the spotlight on stablecoins has grown brighter.
2019-7-30 03:15 | |
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After announcing that the Swiss Federal Data Protection and Information Commissioner (FDPIC) would assist in overseeing the Libra Association, the FDPIC stated Facebook hadn't contacted the agency regarding any details related to the association or the Libra project.
2019-7-24 19:04 | |
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The makers of Kik’s Kin cryptocurrency, which itself is no stranger to regulatory issues with the US government, do not feel one shred of sympathy for Facebook as Congress rakes Libra over the coals on Capitol Hill.
2019-7-17 01:01 | |
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Facebook’s digital currency plans have caused concern among bureaucrats worldwide and members of the U. S. government seem fearful of a giant tech establishing itself as a financial institution.
2019-7-15 21:45 | |
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Facebook’s digital currency plans have caused concern among bureaucrats worldwide and members of the U. S. government seem fearful of a giant tech establishing itself as a financial institution.
2019-7-15 21:45 | |
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With Libra hitting the market soon, there has been a constant debate in the community whether or not Facebook’s crypto initiative will manifest as a cryptocurrency? Andreas Antonopoulos, the prominent crypto advocate was of the view that the question of Libra being crypto in itself was wrong.
2019-7-8 09:31 | |
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Òóò íîâîñòè êðèïòîâàëþò ñåãîäíÿ îò àâòîðîâ áëîãà «Íîâîñòè êðèïòîâàëþò». Ñòàòüÿ îáíîâëÿåòñÿ â òå÷åíèå äíÿ. CoinDesk Libra â Facebook – ýòî íå êðèïòîâàëþòà, ýòî áåçîïàñíîñòü. Ñàìî ïî ñåáå ýòî îãðîìíîå íîâøåñòâî è, âîçìîæíî, ïðîáëåñê òîãî, ÷òî åùå âïåðåäè, óòâåðæäàåò Íîýëü À÷åñîí OPINION: @facebook's Libra is not a cryptocurrency, it’s a security. That in itself is a […]
2019-7-8 09:34 | |
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Noelle Acheson argues that Libra is not a cryptocurrency, it’s a security. That in itself is a huge innovation, and perhaps a glimpse of what is yet to come.
2019-7-6 14:00 | |
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Facebook is launching fiat currencies and cash equivalents-backed cryptocurrency dubbed Libra. But ever since the giant social media website's founder made the grand announcement, the crypto community seemingly can't keep calm.
2019-7-5 19:56 | |
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In a new blog post released, addressing issues about Libra coin on July 3, 2019, David Marcus, Head of Calibra at Facebook addresses certain issues and doubts that have risen since Facebook introduced its official currency – the Libra coin two weeks back.
2019-7-4 00:43 | |
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Facebook’s cryptocurrency Libra is a “rival” to US monetary policy and the dollar itself. That’s the view of Congress which has officially urged Mark Zuckerberg to cease development on its crypto project.
2019-7-3 19:11 | |
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Less than a week ago, Facebook officially announced its own cryptocurrency and released a whitepaper to the effect. The Libra, controlled by Facebook itself and 27 other firms which make up The Libra Association, will be officially launched in 2020.
2019-6-24 20:55 | |
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It’s been a week since Facebook’s entry into the cryptocurrency and payments world was announced. Since then, a lot has happened. From the Libra lead, David Marcus, talking about shared internal governance control over the cryptocurrency, to the regulatory uncertainty the crypto may face with politicians around the world taking a shot at the it, […] The post Facebook’s Libra finds itself in the crosshairs of the Central Bank of Central Banks appeared first on AMBCrypto.
2019-6-24 09:55 | |
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Facebook overwhelmed the crypto community with its Libra project and left the financial institutions to cope with the meteor that might replace the traditional banking system. With its whitepaper, Libra established itself as a global currency and a financial infrastructure that would empower its users.
2019-6-21 16:15 | |
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Libra Project will distance itself from Bitcoin and will share information with authorities, said Facebook’s head of blockchain David Marcus
2019-6-18 21:17 | |
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Libra Project will distance itself from Bitcoin and will share information with authorities, said Facebook’s head of blockchain David Marcus
2019-6-19 21:17 | |
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Facebook has outlined the economics of its new Libra cryptocurrency, revealing it will create a secondary token intended specifically to pay dividends to early backers. It’s called the Libra Investment Token, and it will only be available to members of the Libra Association (which maintains the network) and other accredited investors.
2019-6-18 13:52 | |
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The crypto and finance worlds are both patiently awaiting further news about Facebook’s highly anticipated cryptocurrency project, Libra, which is expected to be officially discussed in detail tomorrow.
2019-6-18 01:00 | |
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David Marcus, whose payments-focused career has included stints at PayPal and Meta, is now leading Lightspark to propel Bitcoin adoption.
Meme master ‘Cheezburger’ is releasing a series of NFTs based on his website’s famous captioned ‘lolcat’ photos.
The rebranded Libra network aims to come out with a live initial product around the end of this quarter, with help from Fireblocks and First Digital Assets.
Regulators around the globe are increasingly turning hostile to the social media behemoth.
A Bank of America report on a possible mass-adopted digital euro noted that such movement could spell difficulty for commercial banks that could see some of their deposits migrate to the European Central Bank.
Facebook’s plan to rebrand its stablecoin project from Libra to Diem has been met with legal threats from a small European startup of the same name.
German Finance Minister Olaf Scholz took aim at the rebranded lDiem and said it would take more than cosmetic changes to smoothen regulatory concerns.