Facebook

Security

Facebook’s Libra Lacks Foundational Components for Crypto Key Security

After a review of documentation for the Libra protocol and its planned ecosystem, Steven Sprague believes Facebook left out key security components.

Business  ·  7 July 2019
Facebook

Libra Isn’t a Cryptocurrency. It’s a Glimpse of a New Asset Class

Noelle Acheson argues that Libra is not a cryptocurrency, it’s a security. That in itself is a huge innovation, and perhaps a glimpse of what is yet to come.

Markets  ·  6 July 2019
Facebook

Billion-Dollar Returns: The Upside of Facebook’s Libra Cryptocurrency

If Libra achieves even modest adoption, the payoff for Facebook and its partners could be in the billions.

Business  ·  5 July 2019
Facebook

Facebook’s David Marcus: Libra Crypto Users Won’t Have to Trust Us

In a note published Wednesday, Facebook blockchain lead David Marcus pushed back against calls to stop Libra's development.

Markets  ·  3 July 2019
Japan

Now Japanese Regulators Are Getting Anxious About Facebook’s Cryptocurrency

Japan's central bank has joined the regulators worldwide expressing concerns over the potential risks posed by Facebook's Libra cryptocurrency.

Policy & regulation  ·  3 July 2019
Facebook

4 US Lawmakers Join Call to Freeze Facebook’s Libra Project

Several House Democrats called for a moratorium on Libra development in a letter to Facebook executives on Tuesday.

Markets  ·  2 July 2019
Facebook

US Watchdog Groups Call for Congress to Put a Freeze on Facebook’s Libra

A group of privacy and consumer watchdogs is asking the U.S. Congress to halt Facebook's Libra project.

Markets  ·  2 July 2019
Facebook

Facebook’s Inches Towards Global Regulatory Compliance, Applies for New York BitLicense

If the project is to be truly global, Facebook may need “literally hundreds, perhaps thousands, of licenses from hundreds of different regulators,” said Sean Park.

Markets  ·  1 July 2019
Regulation

BIS Chief: Central Banks May Issue Digital Currencies ‘Sooner Than We Think’

The chief of the Bank for International Settlements has acknowledged that central banks will likely soon need to issue their own digital currencies.

Policy & regulation  ·  1 July 2019
Bitcoin

Bitcoin, Facebook and the End of 20th Century Money

Bitcoin is surging and Libra is shaking up regulators as the globe faces a period of doubt on the economic front.

Tech  ·  1 July 2019
Monero

Monero and Zcash Conferences Showcase Their Differences (And Links)

The future of privacy coins relies on technologists getting the governance setup right. Here are both sides of the zcash debate.

Tech  ·  30 June 2019
Facebook

Facebook’s Libra Crypto Code Draws Critiques and Clones on GitHub

Would-be coders and eager trolls are digging into the early code for Facebook's Libra blockchain.

Tech  ·  29 June 2019
JPM Coin

JPMorgan CEO Dimon Says Crypto Companies ‘Want to Eat Our Lunch’

Dimon believes blockchain is real and is wary of the competition it brings.

Markets  ·  28 June 2019
Exchanges

Binance Talking to Facebook About Libra Listing: Reports

Crypto exchange Binance is reportedly talking to Facebook about getting involved in the social media giant's upcoming Libra project. 

Markets  ·  28 June 2019
Regulation

US Lawmakers Question Terrorist Use of Facebook Cryptocurrency

U.S. lawmakers questioned FinCEN director Kenneth Blanco about potential terrorist use of Facebook's libra cryptocurrency.

Policy & regulation  ·  27 June 2019