Facebook Pay Demystified
Facebook unveiled a new product aiming to join the top contenders in the social media space and payment services. Data ranks among the most valuable things in the world today. ...
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Google, Facebook Colonizing Banking World, Are Cryptos Substituted?
A strange occurrence is unfolding in the economic industry. It has been developing in the past few decades. After the internet came and communications became effective, the financial world underwent ...
Dutch Judge Penalizes Facebook for Using Scam Cryptocurrency Ads
In a recent blow to Facebook, a Dutch judge ordered the company to pay a 10,000 euro ($11,000) fine. The penalty will be imposed each time a crypto scam ad ...
Facebook Is Flexible with Libra’s Structure Says, David Marcus
Facebook wants to create a better payment system, according to Libra Project Head, David Marcus. In a meeting with bankers, he emphasized that the tech giant is flexible in its ...
Facebook Warns Against China Taking Lead If Libra Fails to Launch
Social media company Facebook has been fighting tooth and nail to ensure that its cryptocurrency project Libra manages to see the light of the day. Its executives are busy swaying ...
Facebook’s Head of Calibra David Marcus Is Optimistic on Future of Libra
The first meeting of the Libra Association was conducted in Geneva, Switzerland earlier this week which allowed all 21 members to create a governance model for the project. Facebook’s Calibra ...
Booking.com, Kayak and Agoda’s Parent Company Abandons Facebook’s Libra Project.
When Facebook decided to develop its crypto project, it had not expected such shortcomings and hiccups along the way. After announcing the Libra project’s whitepaper in June, the social media ...
Visa and MasterCard Want to Take another Look at Facebook Libra
Payment giants MasterCard and Visa are amongst the 29 backers of Facebook’s Libra cryptocurrency projects. However, the Wall Street Journal recently reported that the two companies are now reconsidering their ...
Visa and Mastercard Among Others Cast Doubts Over Facebook’s Libra
Since its launch in June 2019, Facebook’s Libra project has encountered mixed reactions. Some proponents believe that it is the solution to the challenges that cryptos face while trying to ...
Germany Approves a Ban on Private ‘Parallel Currencies’ Like Facebook’s Libra
Ever since Facebook announced its Libra project’s whitepaper in June, many governments and regulators have strongly bashed it. Now, the globalcoin faces another major hiccup as Germany approved a blockchain ...