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Jeremy Allaire’s Circle the Latest to Distance Itself from Facebook’s Libra
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. дальше »
2019-7-30 03:15 | |
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US Govt Sees Libra as a Bigger Threat than Bitcoin: Messari CEO
Facebook is on the wrong end of a political cycle which could weaken the standing of its cryptocurrency project Libra, believes Ryan Selkis of Messari. The CEO said Libra is a “bonafide threat” to the US dollar because Facebook wonders about structuring the greenback with a basket of international currencies. дальше »
2019-7-14 16:00 | |
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Big Three Credit Rating Agency Fitch Touts Facebook's Fiat-Backed Libra
As the wave of interest in Facebook's stablecoin Libra continues around the world, it appears that Mark Zuckerberg's foray into digital currencies has a new and powerful ally. Fitch, one of the big three credit rating agencies, gave it a thumbs up in a recent report. дальше »
2019-6-25 05:20 | |
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Facebook Coin, a Dystopia or Good For Bitcoin?
Facebook has announced a new digital currency backed by a basket of national fiat currencies is to launch in the first half of next year. Libra says it is a... The post Facebook Coin, a Dystopia or Good For Bitcoin? appeared first on Trustnodes. дальше »
2019-6-18 16:41 | |
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Pro or Anti Bitcoin? Crypto Community Divided Amid Facebook Coin Launch
At long last, Facebook’s inaugural consumer-facing Bitcoin-related (albeit remotely related) project is upon us. To be announced on Tuesday morning, Libra (Reserve) is slated to be a stablecoin tied to a basket of traditional assets, presumably ensuring it is nothing like other crypto assets. дальше »
2019-6-18 16:40 | |
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Facebook’s ‘GlobalCoin’ Crypto Will Be Tied to Multiple Currencies: Exec
A Facebook executive has told a German magazine that the firm's planned stablecoin will be tied to a basket of fiat currencies. дальше »
2019-6-8 16:21 | |
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Facebook allegedly raising as much as $1 billion for its cryptocurrency stablecoin
Facebook is looking for VC firms to invest in its cryptocurrency project for sums as large as $1 billion, according to NY Times reporter Nathaniel Popper. The company is allegedly designing its crypto as a stablecoin for WhatsApp using a basket of foreign currencies as collateral. дальше »
2019-4-9 06:03 | |
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