Facebook

Facebook

Libra White Paper Shows How Facebook Borrowed From Bitcoin and Ethereum

Cryptocurrency, at scale. That's Facebook's vision as laid out in the long-awaited, just-released Libra white paper.

Tech  ·  18 June 2019
Regulation

There’s a Second Token: A Breakdown of Facebook’s Crypto Economy

In addition to the Libra coin, Facebook's newly unveiled crypto project also involves a "Libra investment token."

Policy & regulation  ·  18 June 2019
Facebook

Facebook Unveils Libra Cryptocurrency, Targeting 1.7 Billion Unbanked

Facebook's newly unveiled Libra blockchain is tackling remittances at first, but it could have a much broader impact.

Business  ·  18 June 2019
Security

Facebook’s Libra Cryptocurrency: A Technical Deep Dive

Technical details of Facebook's Libra blockchain were published Tuesday in a white paper by the Libra Foundation. Here's what stands out.

Tech  ·  18 June 2019
Facebook

Nouriel Roubini Says Facebook’s GlobalCoin Has ‘Nothing to Do With Crypto’

Noted economist Nouriel Roubini has said Facebook's soon-to-be unveiled cryptocurrency is not really crypto or blockchain.

Markets  ·  17 June 2019
Bitcoin

Facebook’s GlobalCoin May Be A ‘Historic Initiative,’ Say RBC Analysts

Analysts are bullish on Facebook's upcoming blockchain product.

Markets  ·  14 June 2019
Visa

Concerns Over Facebook Data Use Derailed at Least 3 Crypto Partnerships

Philosophical disagreements with crypto experts have slowed the development of Facebook's GlobalCoin, sources say.

Policy & regulation  ·  14 June 2019
Banking

Facebook Hires Standard Chartered Bank Lobbyist for Crypto Project: Report

Facebook's hiring spree for its upcoming cryptocurrency continues with the addition of a senior bank lobbyist from Standard Chartered.

Business  ·  14 June 2019
Visa

Report: Uber, PayPal, Visa to Back Facebook’s GlobalCoin Cryptocurrency

Visa, Mastercard, PayPal and Uber are all backing Facebook's new cryptocurrency, according to the Wall Street Journal.

Markets  ·  13 June 2019
Stablecoins

Facebook’s ‘GlobalCoin’ Crypto Will Be Tied to Multiple Currencies: Exec

A Facebook executive has told a German magazine that the firm's planned stablecoin will be tied to a basket of fiat currencies.

Business  ·  7 June 2019
Blockchain

More Details Emerge on Team Behind Facebook’s Secretive Blockchain

News outlets are beginning to identify key staffers behind Facebook's "GlobalCoin" project.

Markets  ·  6 June 2019
Facebook

Facebook Set to Reveal Own Cryptocurrency in June, Report Says

Social media giant Facebook will reportedly reveal its own cryptocurrency to the public later this month.

Markets  ·  6 June 2019
Facebook

Facebook Holds Talks With CFTC Over GlobalCoin Cryptocurrency: Report

Facebook has started discussion with the U.S. CFTC over potential regulatory issues over the social media giant's crypto stablecoin initiative.

Markets  ·  3 June 2019
Stablecoins

Libra: Everything We Know About Facebook’s Cryptocurrency

Here's the complete story (so far) of Facebook's potentially transformative blockchain project.

Markets  ·  29 May 2019
Facebook

Facebook to Roll Out ‘GlobalCoin’ Cryptocurrency in 2020: Report

Social media giant Facebook is set to roll out its own cryptocurrency – internally called 'GlobalCoin' – in 2020, according to a report from the BBC.

Markets  ·  24 May 2019