Facebook Registers New Fintech Company in Geneva

2019-5-20 11:00

Social media firm Facebook has set up a new financial technology firm in Geneva, Switzerland, Reuters reports, May 17, 2019. Facebook Quietly Sets up a Fintech Firm According to a filing with the Geneva Commercial Register, on May 2, 2019, Facebook Global Holdings II LLC registered a firm named Libra Networks LLC.

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Facebook registers ‘Libra Networks’ in Geneva for developing blockchain technology

Facebook, on May 2, registered Libra Networks, a firm specializing in developing blockchain technology, in Geneva. This is their first foray into developing in-house blockchain technology and could have adverse effects on the crypto-market, if speculations are to be believed.

2019-5-18 18:30	News
technology developing blockchain facebook libra networks geneva

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Новости криптовалют сегодня, 18 мая 2019

Тут новости криптовалют сегодня от авторов блога «Новости криптовалют». Статья обновляется в течение дня. CoinDesk Facebook регистрирует секретную криптовалютную фирму «Libra» в Швейцарии More details emerge about Facebook's secretive crypto firm, Libra https://t.

2019-5-18 09:27	Новости криптовалют сегодня
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New Libra Networks Firm Registered by Facebook in Geneva to Focus on Blockchain

According to a filing as seen on the Geneva Commercial Register, Facebook Global – the parent company for the most popular social media platform in the world – has just registered Libra Networks LLC, a new financial technology company.

2019-5-18 09:07	Facebook
registered new geneva filing company according networks

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Facebook Registers Secretive ‘Libra’ Cryptocurrency Firm in Switzerland

More details emerge about Facebook's secretive crypto firm, Libra.

2019-5-18 23:45	Libra
facebook firm libra secretive emerge crypto details

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Facebook Registers New Fintech Firm in Switzerland

Facebook has registered anew fintech firm for blockchain, payments, data analytics, and investing expertise

2019-5-18 22:40	Blockchain News
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Microsoft Is Building an ID Verification Platform on Bitcoin

Microsoft is leveraging blockchain technology to create a trustless digital identity scheme, but its not launching a token or building a private blockchain to do so.

2019-5-13 18:34	blockchain
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Facebook Coin could triple crypto-user base, claims Blockchain Capital’s Bogart

Facebook is on the verge of revolutionizing the world of digital payments. Blockchain Capital’s Spencer Bogart shed some light on the Menlo Park -based social media giant’s foray into electronic payments, ahead of next week’s Consensys 2019.

2019-5-9 23:30
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Facebook: ‘Biggest on-Ramp Ever’ for Bitcoin Adoption?

By CCN: Spencer Bogart, a partner at crypto investment firm Blockchain Capital, argued in a new blog post that over the next two years Facebook, Telegram, and stablecoins will create the largest on-ramps to crypto that the Bitcoin industry has ever seen.

2019-4-20 21:40	Telegram
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San Francisco VC Turns $9 Million into Eye-Popping $6.9 Billion in Uber IPO Jackpot

According to WSJ tech editor Scott Austin, Benchmark, a San Francisco-based venture capital firm, invested $9 million in Uber’s Series A round in 2011. At the proposed IPO price of $55 a share, the $9 million investment would soon be valued at $6.

2019-4-13 17:27	Uber
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Facebook in Search of $1B for Launch of Stablecoin According to Sources

Facebook has hinted at creating its own digital asset for WhatsApp usage, and now the firm is on the lookout for capital dedicated to this project.

2019-4-9 17:26	News
facebook whatsapp usage firm project dedicated capital

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500 Million Facebook Users Records Unbelievably End Up on Amazon Servers

By CCN. com: Facebook’s clumsy handling of its users’ data has reached the WTF level. The latest reveal came from cybersecurity firm UpGuard. In a cleverly titled report called “Losing Face: Two More Cases of Third-Party Facebook App Data Exposure” the firm pointed out how Facebook continues to screw up when it comes to user records.

2019-4-4 12:34	Facebook
facebook records users servers amazon found report

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Facebook data leak (yeah, another one) allegedly exposes passwords, likes, etc

Flip that board that says “It’s been _ days since we found a massive pile of unsecured Facebook data” right back to zero, and get ready to reset your passwords again just to be safe. Security researchers discovered hundreds of millions of records on publicly-accessible Amazon cloud servers — including names, passwords, comments, likes, and all the other stuff we should all just assume has already leaked at some point.

2019-4-4 00:23	Facebook
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Lyft Drops Below IPO Price: Why Stock Could Snap-Crash or Boom Like Facebook

Lyft may not be a social media platform but where its stock price settles, above or below the IPO price, will either draw similarities with Snap Inc or Facebook. On its market debut, investors could have been forgiven for assuming the ride-hailing firm would turn out to be another Facebook (which is currently at $168 against an IPO price of $38) and not Snap (which is currently at $11 against an IPO price of $17) after the stock rallied to $87 from an IPO price of $72.

2019-4-2 15:25
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MIT created a new algorithm that’s really, really good at counting

Imagine. You spend your formative high school years with your nose in a weighty textbook, at the same time avoiding parties and dating. Then, clutching a 4. 0 GPA, you head to a top-tier university to study Computer Science.

2019-4-1 18:44	Design & Dev
your top-tier like job years counting really

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Facebook is cracking down on fake accounts before India’s election

The first phase of the Indian Assembly’s election kicks off on April 21, but the increase in propaganda has already begun. Facebook has announced it’s removed numerous pages and accounts that used practices like fake accounts and cross-posting to increase their spread.

2019-4-1 16:33	India
accounts facebook indian pages related fake increase

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‘Russian Facebook’ VK Wants to Turn its 100 Million Users into Crypto Fans

VKontakte (also known as “VK”), which is Russia’s version of Facebook, is planning to issue its own cryptocurrency. The project is currently under development, but a final decision has not yet been made.

2019-4-1 00:45
users crypto vkontakte cryptocurrency russian million wants

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Facebook is hiring a lead for its blockchain counsel

It seems Facebook isn’t content with its 50-strong team dedicated to building its proprietary cryptocurrency, as it’s now looking to hire someone for its blockchain counsel. The social media giant is looking for a “lead commercial counsel, Blockchain” based at their Menlo Park, California headquarters.

2019-3-21 12:51	hard fork
blockchain facebook looking counsel team lead sincerely

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Facebook Coin Could Bring $19 Billion Additional Revenue, Believes Barclays

CoinSpeaker Facebook Coin Could Bring $19 Billion Additional Revenue, Believes BarclaysOne Wall Street firm sees major upside for Facebook if its secretive cryptocurrency plan works out.

2019-3-12 11:50	Stablecoins
facebook could additional believes billion revenue bring

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Barclays: Facebook Coin Could Bring $19 Billion Additional Revenue, and Here’s Why

CoinSpeaker Barclays: Facebook Coin Could Bring $19 Billion Additional Revenue, and Here’s WhyOne Wall Street firm sees major upside for Facebook if its secretive cryptocurrency plan works out.

2019-3-12 11:50	Stablecoins
facebook could revenue barclays additional billion coin

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Facebook’s “Crypto” Currency Expected to Add Up to $19 Billion in Revenue

According to a client note issued by Barclay’s internet analyst Ross Sandler, Facebook’s launch of its own digital currency could yield billions in additional revenue for the firm. The social network has been reportedly developing its own stable-coin, although precise details of the project remain limited.

2019-3-12 00:00
facebook revenue currency expected sandler crypto own

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Facebook has apparently lost 15 million US users since 2017, but it’s still winning big elsewhere

Somerville, New Jersey-based market research firm Edison Research noted last week that according to a survey it conducted, Facebook has an estimated 15 million fewer users in the US today than it did back in 2017, with the largest dips being counted in the age 12-34 category.

2019-3-11 09:09	Facebook
2017 million facebook research firm users drop

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Tech Firm Plans to Transform Advertising on Facebook, YouTube and Twitter Via Blockchain

Successful tech firm taps crypto as the solution to the advertising industry's woes. Its DApp compensates publishers only when the campaign’s goals have been satisfied #SPONSORED

2019-3-3 10:29	DApps
tech advertising firm compensates publishers dapp only

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Content moderation jobs for social networks are still terrible

The Verge’s Casey Newton has a harrowing story out about the pitiful conditions that contract workers tasked with moderating content on Facebook have to deal with on a daily basis. It’s not the first such investigative piece on this topic, and perhaps that’s what worries me the most.

2019-2-26 10:10	Facebook
content facebook moderation story working tracked 2014

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Facebook Acqui-Hires Team from Blockchain Platform Startup Chainspace

Facebook acquired its first company in the blockchain space, smart contract protocol development and research firm Chainspace. The move was likely made to acquire the company’s team of experienced crypto developers.

2019-2-5 03:00
chainspace facebook company blockchain team platform startup

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Breaking: Facebook Crypto Project Acquires Blockchain Startup Specializing in Smart Contracts

Facebook’s secretive crypto division has reportedly made its first acquisition, quietly onboarding most of the research team from a blockchain startup that specializes in smart contract development.

2019-2-5 23:50	Facebook
facebook chainspace blockchain smart startup contracts crypto

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Rivet Ventures Co-Founder Calls Facebook ‘Vulnerable,’ Comments on Social Media Cyber Attacks

Facebook has had a very difficult year for 2018, starting with the discovery that 87 million users were used by a consulting firm that worked with the campaign to bring President Donald Trump to office.

2019-1-23 00:04	News
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Report: WhatsApp surpasses Facebook as the social network’s most popular app

In recent years, Facebook has arguably been the most popular app in a lot of major markets across the globe. However, WhatsApp, one of the apps it acquired, has surpassed it in terms of monthly active users.

2019-1-17 15:28	Insider
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Crypto Startup Puts Tesla, Apple, Facebook Shares On Ethereum Blockchain

DX. Exchange Digitizes Tesla, Apple, Other Nasdaq Stocks According to a report from Bloomberg, DX. Exchange, an up-and-coming crypto startup headquartered in Estonia and Israel, will be putting a number of popular American equities onto a blockchain next week.

2019-1-4 22:15	Tesla
ethereum exchange crypto blockchain apple tesla startup

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Facebook’s former PR firm seeded fake stories about bias at Apple News

Facebook‘s recently-fired PR firm allegedly floated a story to journalists that Apple News was biased against Republicans. The company, Definers Public Affairs, made headlines this week after a bombshell New York Times report revealed that it was employed by Facebook to dig up dirt on critics and competitors.

2018-11-17 01:28	Insider
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Facebook bug allowed websites to grab unsuspecting users’ personal data

Security firm Imperva found a bug in May that allowed websites to read Facebook users and their friends’ private information. The troubling vulnerability let a site access users’ likes and interests through a manipulated Facebook Graph query.

2018-11-14 09:24	Insider
facebook site bug data users user allowed

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Facebook is Shutting down Cryptocurrency Startup Ads, but only of Competing Products

On October 30, 2018, Yahoo! Finance reported that Facebook recently banned ads from Bloom, an online identity management service which focuses on online identity protection. According to the report, Facebook said this By merely as the firm was offering deceptive financial services products.

2018-10-31 12:00
facebook service identity bloom online products cryptocurrency

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Facebook is reportedly shopping around for a cybersecurity firm

Facebook’s had a bad year handling user data and securing its systems. Now, according to The Information, the company is looking to acquire a major cybersecurity firm to help repair its reputation.

2018-10-22 13:30	Insider
facebook company user report firm cybersecurity according

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Blockvest ICO Being Sued By SEC

Blockvest is being sued the Securities and Exchange Commission for making false claims that the regulator’s approval for its planned ICO. The regulator is looking for an injunction against the defendant in return for all the financial gains of its ICO activities.

2018-10-15 18:00	SEC
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Fake News Site Used New Zealand Prime Minister to Pump Bitcoin Startup

A fake news site used images of New Zealand's prime minister in sponsored posts on Facebook to promote a bitcoin firm.

2018-10-12 11:20	Facebook
prime minister fake zealand bitcoin new site

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The free internet makes us the product — we need to stop it

The bad headlines continue to stack up for Facebook this year: from the Cambridge Analytica scandal, to the New York Times report that Facebook gave Apple, Samsung, and other mobile device makers access to its users personal data without permission, to the revelation that the firm routinely gives user information and preferences to several Chinese telecommunications firms, to last week’s security breach in which hackers took control of 50 million user accounts as well as any third-party sites those users logged into via Facebook.

2018-10-6 19:30	Facebook
facebook users user well internet accounts million

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Brave CEO Pens Letter to Senate Committee Asking for GDPR-Like Privacy Regulation

Brendan Eich, the CEO of Brave, has written a letter to the U. S. Senate Committee on Commerce, Science and Transportation urging them to implement GDPR-like legislation in the United States.

2018-10-4 20:51	Regulation
data eich gdpr gdpr-like privacy states united

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Bitmain IPO Prospectus Reveals Offering May Be a Gamble for Investors

Bitmain, the biggest company in bitcoin mining, has filed for its IPO in Hong Kong. As part of the approval process, the company submitted a prospectus to the Hong Kong stock exchange at the end of August 2018.

2018-9-28 23:08	Investing
bitmain bitcoin 2018 prospectus percent million company

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Vietnamese Government Bans Mining Hardware Imports

Following a high-level proposal in July to ban the importation of all cryptocurrency mining equipment into Vietnam, the Vietnamese Customs Department has announced a total ban on all mining rig imports, according to a local news outlet.

2018-8-16 21:58	Mining
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Report: Facebook Denies Partnership With Stellar

Facebook has reportedly denied talks with the crypto firm Stellar following Business Insider’s report on their discussion of building Facebook’s variant of a Stellar blockchain

2018-8-11 03:17	Cryptocurrencies
stellar facebook report insider building blockchain variant

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Yes, Stablecoins Can Secure Official Audits from Major Firms

“We have nothing to hide,” says Tory Reiss, VP of corporate development at TrustToken. Like the market’s most popular stablecoin, Tether, TrustToken's TrueUSD is fiat-collateralized.

2018-7-26 18:55	Digital assets
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Coinbase Ads Get Reinstated On Google’s Pay Per Click Adwords Platform

Coinbase To Advertise Again On Google In An Effort To Reach More Prospective Users Coinbase, one of the largest cryptocurrency exchange platforms across the globe is back on Google adverts. The announcement became to the public domain following the declaration by firm’s CEO Brian Armstrong, that it was whitelisted for Facebook adverts previously at the […]

2018-7-24 10:04	News
google coinbase adverts domain following declaration announcement

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Facebook’s ‘partial’ ban-lift invites class-action lawsuit by crypto community

In a recent case, the internet giant Facebook reversed its ban on cryptocurrency advertisements that first came into being earlier this year. However, Facebook still stands firm against the promotion of binary options and ICOs on the platform.

2018-6-29 15:18	News
facebook cryptocurrency crypto stands still options firm

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Winklevoss Twins Build Crypto-Tech Patent Empire In ETP

The latest crypto technology patent awarded to Winklevoss Twins’ owned firm, clearly establishes their domination in financial technology, especially Exchange-Traded Products (ETP). It also marks their ascent from their initial investment days of pre-funding single-ventures like Zuckerberg’s Facebook Artificial Intelligence.

2018-6-21 15:33	Winklevoss twins
etp patent twins winklevoss owned technology empire

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Paxos to expand Euro presence through acquisition of Membrane Finance

Paxos is looking to expand its presence in the European Union through a new deal for Finland-licensed e-money platform Membrane Finance. Paxos, which issues stablecoins such as Pax Dollar, PayPal USD (PYUSD), and Pax Gold (PAXG), disclosed the potential deal…

Binance launches BFUSD stablecoin offering 19.55% APY

Binance has introduced a new stablecoin, BFUSD, with an annual percentage yield of 19.55%. The stablecoin is designed to appeal to crypto users seeking passive income. The total supply of BFUSD is capped at 20 million tokens, and the stablecoin…

Tether to invest in Quantoz to support MiCA-compliant stablecoins

Tether will invest in Quantoz Payments to support the launch of euro and U.S. dollar-pegged stablecoins, EURQ and USDQ. In an announcement on Nov. 18, Tether revealed plans for an upcoming investment in the Netherlands-headquartered payments firm to facilitate the…

Kraken-backed stablecoin issuer Quantoz to launch two MiCAR compliant tokens

Dutch fintech firm Quantoz to roll out MiCAR-compliant stablecoins pegged to the euro and U.S. dollar in a bid to facilitate payments and transfers across markets. Quantoz Payments, a Netherlands-headquartered payment tech firm, plans to debut two MiCAR-compliant stablecoins —…

Could crypto save the U.S. from a debt crisis, will it push Bitcoin above $150k?

Crypto could stave off the U.S. debt crisis, according to Former House Speaker Paul Ryan in his recent op-ed published in the Wall Street Journal. Ryan argues that America’s $35.46 trillion and rising debt threatens the U.S. dollar’s status as…

Binance will launch USUAL stablecoin on Nov. 19

Binance will be the first platform to launch the stablecoin USUAL on Nov. 19. The crypto exchange will provide trading support for USDT and USUAL trading pairs. In a notice published on Nov. 14, Binance announced the 61st project that…

Transfero integrates Wormhole as interoperability provider

Transfero, a stablecoin issuer focused on Latin American currencies, has tapped Wormhole as its interoperability provider. The Brazil-based fintech company announced the development on Nov. 13, noting that integrating Wormhole (W) will help power its stablecoins amid a multi-chain approach.…

2019-5-20 11:00

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