Facebook’s David Marcus, the man leading the development of Facebook’s new cryptocurrency wallet, Calibra, got some rough treatment in front of the Senate Banking Committee
What is Libra? Facebook says Libra is a “global currency and financial infrastructure”. In other words, it is a digital asset built by Facebook and
A group of U.S. lawmakers called on Facebook to freeze its Libra cryptocurrency project. Five members of the U.S. House of Representatives, all Democrats, urged
Putting an end to all speculations doing the rounds for sometime now, Facebook said it plans to launch its cryptocurrency Libra in 2020. Towards this,
Facebook has registered a new financial technology company in Switzerland which will be focussing on blockchain and payments, Reuters reported citing Geneva’s commercial register. The formation of
Facebook has made its first acquisition in the blockchain space, hiring the team behind Chainspace, hinting at an increasing interest in the payments market. The acquisition
As the value of cryptocurrency continues to decrease from its all-time high in December of last year — a decrease of about $14,000 per coin
Facebook is loosening its ban on advertisements that promote cryptocurrencies saying such content will be allowed on the social network after going through an application
Facebook is looking into creating its own cryptocurrency, according to a report by Cheddar.Reportedly, unnamed sources familiar with the matter said Facebook is “very serious” about
The most significant reorganization in Facebook’s 14-year history will divide it into three divisions, including a new blockchain group and fortified security. The shakeup, first reported by Recode, creates three main
Facebook recently banned ads linked to certain financial practices and services, such as initial coin offerings and cryptocurrencies. Although the site clarified it wanted to
