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Tag Archives: calibra

Despite Libra Hurdles, Facebook Announces Its All-App Payments Service Facebook Pay

Social media giant Facebook Inc. has now decided to consolidate all of its payment services under a single umbrella. On Tuesday, November 12, Facebook announced its Facebook Pay platform which would facilitate ” a convenient, secure and consistent payment experience across Facebook, Messenger, Instagram and WhatsApp”.Facebook’s announcement comes just in a week’s time after it announced a new parent company logo as part of its rebranding efforts. The social media giant said that a lot of its...

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Kevin Weil: It Will Take Decades to Roll Out Libra

Facebook’s Libra cryptocurrency has been slated for a 2020 release, but according to top executive Kevin Weil, it will be decades before the currency is fully ready.Libra May Take Longer – Much Longer – Than Originally ThoughtAs vice president of product at Facebook’s Calibra digital wallet unit, Weil explained that while the currency itself may be ready relatively soon, the wallet system that’s backing it up will take much longer. He comments that the system is quite complicated, and...

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EU Wants to Compete with Facebook’s Libra Instead of Just Banning It

The G7 meeting participants state that things like stablecoins including Facebook‘s Libra should be strictly regulated and the risks connected with them are not yet studied well. Per EU lawmaker and a German conservative Markus Ferber:“At the very least, we need a robust regulatory framework to deal with virtual currencies. The (executive EU) Commission has been way too complacent on the issue so far. With the threat of Libra on the horizon, it is time for action now.”The draft text of the...

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Libra Project Should Not Be Headed by Facebook, Says Co-Founder of Ethereum

The fate of Facebook’s Libra cryptocurrency is pretty much hanging in the balance and has somewhat been so since it was first announced a few months ago. There has been so much backlash from authorities, with Congress specifically asking Facebook to halt the development progress until further notice. Now according to Ethereum co-founder Joseph Lubin, the biggest problem that the Libra faces is Facebook itself.Lubin recently spoke to CNBC’s Squawk Box, and specifically mentioned Facebook’s...

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Facebook Introduces New Company Logo as Part of Its Rebranding Efforts

Social media giant Facebook has unveiled its new company logo as part of the rebranding efforts. Facebook says that the new branding strategy is to bring more clarity and align the goals of its different products and services under one parent company.In its official announcement, the company said that over the last 15 years, it has made several major acquisitions like Instagram and WhatsApp. Thus, to bring clarity that these services operate under Facebook, it is isolating the Facebook...

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#735 Bitcoin Bärenmarkt voraus, Coinbase 2 Milliarden verdient & Zuckerberg Kongress Libra

Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 735. Heute geht’s um folgende Themen: Bullenmarkt vorbei – Bitcoin Crash auf $7400, Coinbase hat seit 2012 über 2 Milliarden verdient & Zuckerberg steht dem Kongress bzgl. Libra Rede und Antwort. 1.) Bitcoin-Kurs fällt massiv – Das steckt hinter dem Crashhttps://www.btc-echo.de/bitcoin-kurs-faellt-massiv-das-steckt-hinter-dem-crash/ 2.) Coinbase Generated Nearly $2 Billion in Transaction Fees Since...

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Genf: Libra Association verabschiedet Charta

Die Führung ist drin; große Investoren sind raus: Facebook hält unbeirrt an Libra fest, obwohl Mastercard, Visa, Ebay, Stripe und Paypal das Projekt verlassen haben. Trotzdem haben die restlichen 21 Gründungsmitglieder die Charta der Libra Association verabschiedet und die Führungspersonen ernannt und zwar am Montag, den 14 Oktober, in Genf. Ab sofort bilden fünf Vertreter verschiedener Unternehmen den Vorstand von Libra: David Marcus von Facebook; und jeweils ein Vertreter des...

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Libra Association Claims It Has 180 Candidates to Join the Row of Its Members

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...

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Zürich: Facebook baut Arbeitsplätze von 80 auf 160 aus

Foto: Facebook Zürich Seit 2016 unterhält Facebook eine Niederlassung in Zürich. Die derzeit 80 Mitarbeiter dort arbeiten vor allem in den Bereichen „Augmented & Virtual Reality“. Nun will Facebook in Zürich deutlich expandieren. Die Mitarbeiterzahl soll sich mehr als verdoppeln und man will dort nun vermehrt auch im Vertrieb tätig sein. Das teilte Tino Krause, der Chef...

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