Everything You Need to Know About Libra Facebook’s Cryptocurrency
There are currently over 5,000 different types of cryptocurrency available to buy, sell and trade online. The market for cryptocurrencies has grown…
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Libra
Congress shows Facebook CEO Mark Zuckerberg no mercy during Libra hearing
Lawmakers on the House Financial Services Committee grilled Facebook CEO Mark Zuckerberg over the platform’s proposed Libra cryptocurrency and the social media…
Tencent Admits Facebook’s Libra Is a Threat to WeChat Pay
Facebook’s Libra stablecoin would be a serious threat to WeChat Pay, the payment service’s parent company Tencent admitted in a recent blockchain whitepaper.…
Visa and Mastercard join Stripe and PayPal in pulling out of Facebook’s…
Facebook has experienced substantial criticism over its plans to create a cryptocurrency system. Visa and Mastercard have announced their departure from…
Facebook Sued for Trademark Infringement Over Libra Logo Design
Finco Services of Delaware has initiated a lawsuit against Facebook in a New York court, Oct.10, over the swirly tilde logo Facebook uses for its Libra token.…
New Libra Fork Will Create Permissionless Stablecoin Free of Corporate…
Thirty different blockchain companies and nonprofit organizations plan to fork the Facebook-led Libra crypto project to build their own permissionless version,…
PayPal becomes first member to leave Facebook’s Libra Association
U.S. payments processor PayPal said on Friday it was leaving Libra Association, the entity managing the Facebook-led effort to build global digital currency…
Facebook’s David Marcus Responds to Critics Over Libra ‘Threat’
The head of Facebook’s Calibra the entity created by Facebook to provide financial services including a digital wallet for the planned Libra cryptocurrency…
Central Banks to Meet With Libra Founders in Switzerland on Monday
Officials from the European Central Bank (ECB) and 25 global central banks will meet with Libra to assess the financial stability risks of the project. Central…
PayPal cautious about future of Libra cryptocurrency
SAN FRANCISCO: PayPal is cautious about the future of Facebook-backed cryptocurrency Libra, which is slated to debut with the pioneering digital payments firm…