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Facebook’s Libra is Fascinating but Treacherous, ECB Reveals
Sep 05, 2019 at 12:49
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Facebook’s Libra is Fascinating but Treacherous, ECB Reveals
Facebook's cryptocurrency Libra could harm central banks and other major fiat currencies including the euro and dollar, according to European Central Bank (ECB) senior member of the executive committee Yves Mersch.
Facebook Hires Lobbying Company due to Cryptocurrency Debate
Aug 28, 2019 at 09:38
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Facebook Hires Lobbying Company due to Cryptocurrency Debate
The topnotch multinational social networking service provider Facebook, has engaged a lobbying company based in the State of Washington, United States amid the augmented Congressional and regulatory backlash the American technology giant has seen because of its future Libra Cryptocurrency project that is expected to be launched in 2020 once it meets all the necessary regulatory approvals.
Beware of Facebook Libra Scam: Fraudsters Are Stealing from Cryptocurrency Beginners
Aug 14, 2019 at 12:06
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Beware of Facebook Libra Scam: Fraudsters Are Stealing from Cryptocurrency Beginners
As the entire cryptocurrency ecosystem eagerly awaits the world’s leading social networking service provider Facebook officially launching its own USD-backed token called Libra, a large number of anonymous fraudsters have already started their bad practices of creating Facebook pages pretending to sell real Libra.
Regulators are Suspicious About Facebook’s Libra Network
Aug 07, 2019 at 14:37
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Regulators are Suspicious About Facebook’s Libra Network
The Office of the Australian Info Commissioner (OAIC) released a statement on Tuesday showing that it has joined other privacy regulators from different parts of the world I’m calling for more info about Facebook’s Libra Network. OAIC and other regulators including United Kingdom Info Commissioner’s Office (ICO), the European Union, the United States, Albania, Canada and Burkina Faso, want to know more about Facebook's information protection framework for its private cryptocurrency dubbed Libra that is expected to be launched in the first quarter (Q1) of 2020.
Napoli to Complete Blockchain Voting System Project
Jul 24, 2019 at 09:58
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Napoli to Complete Blockchain Voting System Project
Since April last year, the City of Napoli in Italy, has been closely studying the possibility of using blockchain technology in its voting processes, especially in the municipal system. The project seems to be approaching its successful completion, according to the Facebook post made by a team member of the Votazioni Napoli Blockchain.
Libra is Getting Popular in China Despite Criticism in USA
Jul 23, 2019 at 11:08
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Libra is Getting Popular in China Despite Criticism in USA
The latest research shows that Libra, the cryptocurrency owned by Facebook, is now ranked the third most searched keyword on Weibo, a Chinese search engine. Libra follows words like “Chinese Movie Star” and Mona Lisa correspondingly. This is an indicator that people living in the country have started to gain appetite for digital currency including Libra, Bitcoin and others.
Senate Hearing on Facebook's Upcoming Cryptocurrency Libra
Jul 18, 2019 at 10:15
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Senate Hearing on Facebook's Upcoming Cryptocurrency Libra
The recent US senate hearing on the upcoming Facebook cryptocurrency Libra coin caused a $20 billion loss in the cryptocurrency market. Bitcoin initiated a downward trend since crypto market drops $20 Billion in 1 hour following Facebook’s Libra senate hearing. Bitcoin price displayed a fairly better performance in the last two months.
What Does the Entry of Facebook, JPMorgan and Netflix Mean?
Jul 15, 2019 at 09:49
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What Does the Entry of Facebook, JPMorgan and Netflix Mean?
Facebook, JPMorgan and Netflix are now in for the innovation game. Several giant institutions have entered the businesses related to blockchain and cryptocurrencies and this has given the industry a big boost. In the same sense, retail investors have also benefited since huge funds, derivatives plus many other monetary instruments are now accessible by the public.
India Shows Skepticism About Facebook Cryptocurrency
Jul 10, 2019 at 08:11
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India Shows Skepticism About Facebook Cryptocurrency
The Republic of India, the seventh-biggest nation by area geographically located in South Asia, has shown much disbelief in the new cryptocurrency owned by Facebook known as Libra aka GlobalCoin. In fact, the coin will not be allowed to operate in the country.
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