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Libra (LBA) & Facebook

Senators Tell Facebook How to Fight Crypto Fraud

Roughly nine democrat senators – including Cory Booker of New Jersey, Elizabeth Warren of Massachusetts, and Bernie Sanders of Vermont – have sent a letter to Mark Zuckerberg – the CEO of Facebook (now Meta) – wanting to know what he’s doing to potentially end all crypto scams appearing on his social media platform. Facebook and Crypto: A Rough Relationship The letter also details steps Zuckerberg can take to ensure fraud never becomes a major issue. The crypto space has...

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Facebook Is Officially Ending Its Novi Wallet

Facebook – or Meta, as it’s now more formally known – says it’s officially shutting down its crypto wallet system Novi. Facebook Is Ending the Life of Novi The wallet will remain active until September 1 of this year and then become lost to time. July 20 was the final day that customers still using the wallet (if any) could add to their stashes. The company has already issued a notice to clients that they should withdraw and move their funds to separate wallet systems...

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LE PARADIGME BITCOIN – Neuchâtel – 24 juin 2022

Le paradigme Bitcoin est une manifestation organisée par la communauté Bitcoin neuchâteloise en collaboration avec l’Université de Neuchâtel. Quand ? – Vendredi 24 juin 2022 Où ? – à Neuchâtel (Suisse) Programme Début de matinée : Rencontre entre les industriels locaux avec des entrepreneurs Bitcoin, organisée par la Chambre neuchâteloise du Commerce et de l’Industrie. Activité privée sur...

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Introducing Zuck Bucks, the New Crypto Venture from Facebook

Following the death of Libra and what appeared to be a long-term crypto dream, Facebook – now known as Meta – is making another stab at crypto innovation with something called Zuck Bucks, the name of its latest form of digital currency. Will Zuck Bucks Help Facebook Make Money? Taking its label from the surname of Mark Zuckerberg, the billionaire behind Facebook’s creation, Zuck Bucks would be a centralized form of digital currency in that it would be directly controlled...

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Meta plant Implementierung von Cryptocoins

Unter dem Namen „Meta“ hat Mark Zuckerberg erst vor kurzem sein Unternehmen neu aufgestellt. Das mit dem Unternehmen verbundene Metaverse soll nicht nur die Social Media Plattform Facebook beinhalten, sondern einer ganzen Familie an Apps ein Zuhause bieten. Für die Finanzabwicklung im Metaverse wird offenbar sogar an einem eigenen Cryptocoin gearbeitet. Crypto News: Meta plant Implementierung von CryptocoinsUnter dem Arbeitstitel “Zuck Buck” wird derzeit eine virtuelle Währung für das...

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Facebook Isn’t Quite Ready to Give Up On Crypto

Facebook – following its failed run with Libra – appears to be looking to get back into the crypto game. The social media giant – which recently rebranded itself as “Meta” – has filed eight trademark applications for new features like crypto wallets, exchanges, and tokens relating to its famed “f” logo. Facebook and Crypto… Could It Actually Work? It appears six of the eight trademarks have to do with blockchain and crypto products or companies the company is investing...

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Crypto Donations to Ukraine Top $100 Million

As the war in Ukraine unfolds, the international cryptocurrency community has raised millions in donations to support its people. At present, the number of tallied funds raised for the invaded nation tops $100 million. Writing for Finbold Tuesday, Jordan Major noted: “Ukraine continues to receive a substantial influx of cryptocurrency contributions, with the value now reaching over $100 million, as more well-wishers show solidarity in the face of the escalating Russian...

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Australian Regulators Sue Facebook Over Crypto Scam Ads

The Australian Competition & Consumer Commission (ACCC) is suing Meta – previously known as Facebook – over a series of crypto scam advertisements that used the likenesses or images of famous individuals to allegedly promote certain products and suck traders in. Australia Files Suit Against Facebook One of the ads featured Australian public figures like Andrew “Twiggy” Forrest and businessman Dick Smith. Both have tried filing separate cases or pressing charges...

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New York Senator Kirsten Gillibrand Joins Rep. Senator Cynthia Lummis’ Crypto Bill Proposal

Washington and the broader electorate in the United States are sharply divided along partisan lines. But there may be scope for finding common grounds with regard to the upcoming crypto bill. Republican Senator and long-time Bitcoin supporter Cynthia Lummis has received support from New York Senator Kirsten Gillibrand for the much-awaited crypto legislation. A member of a Democratic Party, Gillibrand, has revealed working with Lummis on the drafting of the bill that is...

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