Tag Archives: Facebook

Photo: CoinsbitCoinsbit is an Estonia-based crypto exchange launched in 2018 and licensed for trading activities in the EU. The exchange has roughly 43 trading pairs of cryptocurrencies. The most recognized pays include BNB/ETH, BNB/USD, BNB/BTC, ETC/BTC, LTC/ETH, LTC/USD, ETH/BTC, ETH/USD, and BTC/USD.In a bid to remain relevant in the competitive crypto market, the company is introducing several essential services that will assist in differentiating the exchange from the stiff competition....

French Finance Minister Bruno Le Maire said on Friday that Paris, Rome, and Berlin will join together in the effort of blocking Facebook’s new digital currency Libra in Europe.This is not the first time Le Maire is showing his hate towards cryptocurrencies. Last month, when he spoke about Libra, he said that this kind of technology, developed by the social media giant “causes serious concerns and therefore its operation cannot be authorized for use on European soil.”He added that the Libra...

The cryptocurrency-browser privacy-focused web browser Brave has recently attained a new milestone reaching 8 million monthly active users. Brave, with its powerful vision, aims to revolutionize the online browsing and advertising experience for its users.Now 8 million monthly active users for Brave, & nearly 400 privacy-preserving ad campaigns (with a stellar 14% click-through rate, compared to 2% industry average)! Thank you to all our users and partners as we expand our platform for a...

It seems like some members of Congress still have no love for Libra. In fact, a few are even advising Facebook to adopt bitcoin and avoid the Libra project altogether. Among the people suggesting this is U.S. Congressman Warren Davidson of Ohio.Davidson to Facebook: Forget About LibraDavidson says he was first introduced to bitcoin back in 2013. He acknowledges that while bitcoin isn’t necessarily perfect, it is a decentralized system that gives its users freedom in how they conduct...

In a recent interview with Pierre Rochard and Michael Goldstein, hosts of Noded Bitcoin Podcast, U.S. Congressman Warren Davidson suggested that Megatech company, Facebook, would be better off adopting an already ubiquitous cryptocurrency like Bitcoin than creating theirs.The Libra IronyWarren Davidson, who is a member of the United States House of Representative from Ohio’s 8th congressional district, very recently termed Facebook’s new proposed cryptocurrency in Libra a blatant...

On Wednesday, October 16, a top official from the Federal Reserve confirmed that the Central Bank of the United States is actively evaluating the possibility of issuing a digital currency. This report comes amidst the growing fear that the U.S. Dollar will lose its prestige and value of being the world’s reserve currency.Rob Kaplan, the President of the Federal Reserve Bank of Dallas, was speaking at a local business event in Austin, Texas. Addressing the audience, Kaplan said:“We have not at...

Some of the most important personas in FinTech and banking spoke on Wednesday at the IMF’s ‘Big Tech and the Future of Finance’ seminar, part of its annual meeting.Among them was Calibra’s CEO David Marcus, Bank of England governor Mark Carney, Infosys founder Nandan Nilekani, and Havard economic professor Jason Furman. They spoke about digital payments, stablecoins, and of, course, Facebook’s Libra cryptocurrency.The role of big technological companies as is Facebook itself breaking into the...

Facebook’s Libra has faced its fair share of roadblocks since it was first announced a few months ago. Regardless, the company seems to slowly be rising out of its problems and has said that its initial plan to have at least 100 members as part of the Libra Association, would be achieved before the asset officially launches.Speaking during a phone interview with CNBC, the Libra Association’s Chief Operating Officer and provisional Managing Director, Bertrand Perez, has said the that...

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...

Oh, Libra… Has it occurred to you yet that perhaps venturing into the crypto space wasn’t the greatest idea? And that maybe creating an entirely new cryptocurrency as a means of garnering Facebook’s trust back wasn’t the best response to the Cambridge Analytica scandal?Libra Pushes Through the MudDespite several companies exiting the Libra Association, despite several delays, regulatory problems and anger from the U.S. Congress and international governing bodies, Libra has taken the time to...