Tag Archives: Facebook

Libra has been a hot topic of debate lately, and now, executives of both Ripple and Ethereum are adding their thoughts to the mix.Libra Is Still Having Some TroubleLibra is Facebook’s new stable cryptocurrency. Designed to be a global payment system, the currency can be utilized via social media to purchase goods and services. Unfortunately, at the center of the project is a serious trust issue – one that seems to be growing larger with each passing day.This is the sentiment of Ripple’s Brad...

Photo: PixabayPolitical wars forced Twitter to distance itself from misinformation that usually pops up during elections. Head of Twitter Jack Dorsey seems to continue his quest to make the Internet a better place. After a prominent Bitcoin advocate had recently invested in a cryptocurrency-related venture called CoinList, he is now on the way to cut all political ads off on Twitter.The vast majority of so-called conspiracy theories made public via those ads probably came from wise...

Facebook is one of the most attacked companies in the world as it always seems to be swimming in one legal or regulatory battle or the other (especially in relation to its Libra project), at pretty much every point in time. However, the social media giant is still also one of the world’s most successful companies and has proven it time and again, most recently with its recent third-quarter earnings figures. Facebook’s numbers exceeded expectations and well enough for its stock (FB) to hit...

Token offering platform CoinList raised $10 million with a little help from Twitter and Square CEO Jack Dorsey. CoinList was founded back in 2017 as a spin-off of AngelList, and it acts as an ICO exchange platform that at first received support from investment company Polychain Capital, and upraised more than $9 million in its virgin funding tour. Since then, the company is directing regulatory rules concerning initial coin offerings (ICOs), a popular capital acquisition vehicle for emerging...

Just a few days after Facebook officially announced its News feature in collaboration with more than a few major media outfits, the social media giant has announced the launch of a new tool but this time in the health department. The new offering will work in collaboration with several health organizations in the U.S. to help people access health resources much easier as well as design ways to prevent health issues.Dubbed “Preventive Health”, the tool will also set up reminders for users to...

It just over 7 years that social media giant Facebook decided to conduct an IPO. Since then, Facebook (FB) stock has been one of the favorite picks for investors looking for handsome returns.If we look at the Facebook stock price chart since May 2012, we can see a steady rise with minor swings until July 2018. It was in July last year when the Cambridge Analytica scandal broke out showing Facebook’s alleged breach of data and user privacy. The FB stock took a massive hammering losing 33% of...

While Facebook continues its arduous battle with U.S. authorities regarding the launch of its Libra digital currency, China seems to be making a lot more progress not just with the development of its own Central Bank Digital Currency (CBDC), but also with the acceptance of the technology in the country, especially after the President’s statement. Now, an ex-government official has said that China’s CBDC will definitely be the first in the world, to issue a properly applicable...

Stocks in Chinese blockchain A-share companies “maxed out” to their 10% daily limit after a president Xi Jinping focused the attention of the public to the potential of the technology encouraging digital currencies, increasing the rise in related stocks and Bitcoin, which for the short time, though, went over $10,000.Xi said China should hurry up with its research into blockchain, the open ledger system that cryptocurrencies rely on. China’s central bank has been developing its own digital...

Calls for the increased and improved use of blockchain technology are gradually making the rounds because while there are still a lot of places where the technology has been adopted quite considerably, there are still many others that have a lot of work to do. The use of blockchain technology is probably seen more in the financial sector and authorities and governments are gaining more interest.Recently, a call came from an official at the central bank of China, directed at commercial banking...

Photo: UnsplashLast week, while speaking at the Politburo Committee session, Chinese President Xi Jinping asked the country to double-down its efforts in the blockchain space. Xi said that having a strong foundation in blockchain technology, China should accelerate its blockchain development across multiple sectors like poverty alleviation, public services, healthcare, and others.Xi’s statements have caused a stir in the overall cryptocurrency with Chinese projects seeing a massive surge on...