Meta Exploring Non-Blockchain-Based Virtual Currency: Report

2022-4-7 00:07

In addition, the company’s plans for NFT features on both the Facebook and Instagram platforms continue to advance.

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Bitcoin (BTC) price takes a breather as Facebook hopes to launch Diem and Novi next year

Bitcoin (BTC) price has dipped to trade below $19,000 as Facebook’s top executive says its rebranded cryptocurrency project will be launched next year. Fundamental analysis: Facebook hopes to launch in 2021 David Marcus, the head of Facebook Financial, said that he hopes to have both Diem and Novi launched over the course of the next year.

2020-12-9 13:51


Bitcoin May Get Massive Boost as Democrats Propose $3 Trillion in Extra Stimulus

Both Bitcoin and the stock market have recovered strongly since the March lows, but the “real” economy is not in a good place. As Chamath Palihapitiya — one of the first Facebook executives and a prominent venture capitalist — said in a recent CNBC “Squawk Box” interview, the economy is now far removed from capital markets....

2020-5-14 04:07


Ôîòî:

German Banks Remain Skeptical of Libra, Won’t Ban It

For the better part of two months, Facebook has been in the fight to save Libra, its stablecoin project, from being shelved by regulators both at home and abroad. Concerns over a wide array of things (including money laundering and customer protection) have put the future of the asset in jeopardy, with the latest of […] The post German Banks Remain Skeptical of Libra, Won’t Ban It appeared first on BeInCrypto.

2019-11-12 03:36


Facebook’s Libra could be both a yuan competitor, and a yuan enhancer

ANZ Research recently published its report on China’s de-dollarization, Libra and RMB globalization; a report which said that while China still allocates a high share of its foreign exchange reserves to USD (estimated at around 59% as of June 2019), it is likely to speed up the pace of diversifying into other currencies as time […] The post Facebook’s Libra could be both a yuan competitor, and a yuan enhancer appeared first on AMBCrypto.

2019-10-29 19:00


Facebook’s Libra Isn’t DOA; It Will Move Forward, But Under Threat From Government Stablecoins

While it feels like forever, it’s just been six months since the social media giant, Facebook,  announced their stablecoin Libra. The subsequent backlash it’s received is both massive and lengthy. At the moment of writing, it’s unsure whether or not Facebook, along with the Association will even be able to launch Libra. Typically, if a […]

2019-10-26 21:10


WATCH: Zuckerberg’s LIVE testimony on Facebook’s cryptocurrency venture Libra

The social media giant, Facebook is poised to set a clear footing into the cryptocurrency market as Mark Zuckerberg faces Congress on all things Libra and advertising policies. This hearing marks an important foothold for Facebook’s digital currency dream as both the firm and its project have been under the regulatory scrutiny since the announcement […] The post WATCH: Zuckerberg’s LIVE testimony on Facebook’s cryptocurrency venture Libra appeared first on AMBCrypto.

2019-10-23 18:03


‘Libra Is Screwed’: Industry Insiders Ring Death-Knell for Facebook’s Crypto

Blockstream chief strategy officer Samson Mow pulled no punches with Facebook’s much-hyped crypto, Libra. He is not the first industry insider to criticize the planned crypto launch, both industry experts and lawmakers are voicing concerns over the security of the open-source currency, and the potential censorship issues that come from the way it is being […] The post ‘Libra Is Screwed’: Industry Insiders Ring Death-Knell for Facebook’s Crypto appeared first on CCN Markets

2019-7-18 13:27


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 […]

2019-7-12 20:16


Bitcoin’s meteoric rise, Facebook’s Libra will have China accelerate its digital currency project

It all started with the US launching an investigation of China’s trading policies in 2017, leading to the imposition of tit-for-tat tariffs on products by both the countries. As tensions between the two countries intensified, what many observed was an opportune moment for cryptocurrencies to replace the legacy institution.

2019-7-11 02:30