Libra (LBA) & Facebook

Clips on Fast Laughs can be saved to watch later by adding it to “My List,” a feature that already exists on the Netflix app.American content platform and media production company, Netflix Inc (NASDAQ: NFLX) has launched a TikTok clone dubbed ‘Fast Laughs,’ a way for people to see something funny while maintaining a presence to watch more videos on the app.The Fast Laughs feature is not a new app, rather, it is a new feature designed to complement the offerings of the Netflix library. Besides...

Il est loin le temps ou Christine Lagarde, alors présidente du FMI, tenait un discours modéré sur Bitcoin et les crypto-actifs qu’il « ne serait pas judicieux de rejeter » , s’interrogeant sur leurs risques mais aussi sur leurs potentiels. Après plus de deux ans à la tête de la BCE, Christine Lagarde est devenue une véritable banquière centrale. Plus de place pour la nuance dans ses propos : Si Diem (ex Libra) peut être considéré comme une monnaie, Bitcoin n’est désormais qu’un...

New social media platforms are popping up all over the place as of late, and one – Uhive – is powered by cryptocurrency.Uhive Is Doing Things a Little DifferentlyBased in the United Kingdom, Uhive is a unique social platform in that it is powered entirely by digital currency technology. Recently, the company set out on a funding round of 500,000 pounds, which it easily surpassed. Either people are terribly sick of the likes of Facebook and Twitter – which they probably should be, given how...

Gold protected tokens like GoldFinX appears to be the best investment source for institutional and retail investors since they can be easily traced back to find its custodial asset backing its worth.The current market perception for cryptocurrencies has been shifting recently, in a seemingly ever more positive direction, even with the global economy suffering massive blows from the prevailing pandemic. Facebook‘s Libra and JPMorgan‘s JPM coin are anticipated to launch in 2021; Bitcoin and...

Zhou said that holders of the digital yuan can use it for trading or investment. He added that, unlike Libra, they “don’t have an ambition to replace existing currencies”. The former governor of the People’s Bank of China (PBOC), Zhou Xiaochuan, said that the digital yuan is not a threat to fiat currencies. The former governor of China’s central bank, PBOC, said the issuance of the digital yuan is not to replace fiat currencies. He further noted that the digital yuan will not take the...

Despite nearly two years of delays and several regulatory hurdles, Facebook’s Libra – now called Diem – is still looking to carve out a place for itself in the crypto space.Diem Is Still Trying to Move ForwardFacebook first entered the cryptocurrency environment in June of 2019, announcing that it was looking to establish a global payment system and unveil a new digital asset it was calling Libra that could potentially be utilized to purchase goods and services through the social media...

While Bitcoin has increased by a total of around 400% since the March lows, the picture doesn’t appear as bright in the short-term as it draws away from $20,000.Over the past seven days, the cryptocurrency lost over $1,000 of its dollar value, charting a decrease of about 5%.During the week, BTC managed to increase to above $19,300, but, unfortunately, it was all downhill from there. The cryptocurrency touched a low of $17,650 yesterday before recovering slightly to its current level of...

Facebook’s new Libra cryptocurrency project has had a hard time getting off the ground, and considering it’s still getting a lot of raised eyebrows and distrusting looks from international financial leaders, it looks like things are set to remain somewhat difficult for the asset to roll out.Libra May Encounter Opposition in GermanyRecently, Libra was jabbed at by German Finance Minister Olaf Scholz, who says he’s not entirely comfortable with the authorization of Libra use in Europe. While...

They took the view that “we can just crush them, we’re Facebook,” said the co-founder of Diem.Facebook earlier changed the name of its yet to be launched stablecoin to Diem, changed the name of the Libra association to Diem Association, and also changed the name of its wallet to Novi wallet. Hoping that the coin that was previously known as Libra would be launched next year under the newly chosen name, a startup that bears the name Diem has threatened a lawsuit on Facebook.Geri Cupi, the CEO...

The giant social media continues to stir controversy even when it’s trying desperately to avoid it. Just a week after Facebook renamed Libra to Diem (meaning “day” in Latin), the company could be facing a lawsuit from a London-based fintech app with the same name.CryptoPotato reported last week that Facebook changed the name of its future cryptocurrency in another attempt to escape from all the regulatory hurdles in its way. However, it seems that the Association behind the project has chosen...