Libra (LBA) & Facebook

This week, the market continued to stagnate, but we saw some promising signs in the altcoin arena. While most of the attention was directed toward Bitcoin and whether its price support will hold, many traders’ interest seems to have shifted to altcoins.Bitcoin’s dominance rate declined since peaking at 72%, and other cryptocurrencies finally managed to reclaim some ground.Despite the fact that during the past 3 months Bitcoin’s price has shuffled up, its current price point is still...

The Governor of Sweden’s Central Bank, Riksbank, said today that Facebook’s Libra has turned out to be a very important event. The bank has already been exploring the issuance of digital currencies, mainly because the usage of cash in Sweden is decreasing dramatically.Libra An Incredibly Important Catalytic EventDespite the recent shakedown which caused a lot of the key backers of Facebook’s Libra, including PayPal, Visa, and Mastercard, to drop off the project, good news seems to come from a...

After it seemed all the big-ones were leaving Facebook‘s backed cryptocurrency, it seems it still has its faithful believers. On Monday, in Geneva, Switzerland, 21 associations agreed to sign the Libra Association charter at last. The Libra Association named its board of directors as well a decision about people who will sit at the executive chairs.The first chair will be, as expected, Calibra’s CEO David Marcus who named 4 more people as his board fellows. That people are a partner with...

Photo: Alessio Jacona / FlickrIt seems that Facebook CEO Mark Zuckerberg decided to go other way and against everything he once was talking about. Since he is loosing all the biggest supporters at the enormous speed, he has started turning to the white supremacists, leaders and journalists who have been known for supporting, well, white race to be exact.Politico reported Zuckerberg has been organizing dinners with conservative leaders as, for example, is Republican Sen. Lindsey Graham,...

Rencontre mensuelle organisée par Maxime, Thibault et Lola. Pas de présentation, mais juste un verre pour discuter de l’actualité des cryptomonnaies. C’est aussi l’occasion pour ceux qui débutent de venir poser leurs questions. Quand ? – Jeudi 17 octobre de 18h30 à 20h30 Où ? – L’Hexagone, 14 rue des Sergents à Amiens En savoir plus : meetup.com  ...

L’association Libra a tenu hier son premier conseil. Après le départ en cascade de nombreuses sociétés prestigieuses, les 21 membres restant ont élu le français Bertrand Perez secrétaire général du conseil et du board composé de Katie Haun (Andreessen Horowitz), David Marcus (Calibra, la filiale de Facebook), Matthew Davie (Kiva Microfunds), Patrick Ellis (PayU) et Wences Casares (Xapo). Interview...

Sensor Tower, a company that supplies publishers and marketers with the information needed to enhance the mobile app ecosystem, revealed the latest data. According to this information, in the third quarter of this year, people spent around $21.9 bln on gaming and non-gaming apps on such platforms as the App Store and Google Play. The report shows a 22.9% YoY rise from the $17.9 bln in the same period of 2018.Please, pay your attention that the data here is provided for the third quarter of...

It seems Facebook‘s Libra association is falling deeper and deeper each day. As per G7, the group of the biggest economies in the world report, it has, as quickly as possible, to prove that it is safe and secure and poses no risk for its users.In a massive slap to the social media company, the report says that cryptocurrencies (including not only Libra) are a big risk to a world’s financial system.The report says that even if Libra’s creators are able to address global concerns – the project...

On Saturday we reported how, after PayPal Holdings Inc. abandoned Facebook’s association Libra, the other big payment giants followed its example.Mastercard, Visa, eBay, Stripe and Mercado Pago have also pulled out and it seems this could become pretty large obstacle to the development of this cryptocurrency.Director at VanEck Gabor Gurbacs said the companies that abandoned Libra Association were actually pressured into leaving.As per Gurbacs, there is growing concern for Facebook’s ability...

OpenLibra: Konkurrenz für die Facebook-Währung? Vom Mitbegründer des Start-ups Wireline Lucas Geiger kam die Nachricht, dass mit OpenLibra eine offene Alternative zur angekündigten Facebook Blockchain Währung in den Startlöchern steht. Das passierte auf der Konferenz für Ethereum „Devcon 5“. Auf diesen freien Zugang zur Libra-Technik kann man gespannt sein. Plattform frei für...