Tag Archives: Facebook

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,...

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...

Back in June, Live Bitcoin News reported that an online banking firm, Current, wasn’t very happy with Facebook or Libra, claiming that the project had potentially stolen its logo. Now, that anger has turned into a full-fledged lawsuit.Current Takes Facebook to CourtCurrent has filed suit against Facebook in a New York district court for allegedly stealing the logo of its company. When looking at the two examples, one can see that the bank’s properties may have been stolen. The logos of both...

Recently we reported about how PayPal, one of the founding members of the Libra Association abandoned the whole project. However, it seems it wasn’t the only one. Just for a reminder, there were previously 28 members of the association, but it seems that they couldn’t handle the issues Libra is currently facing, most especially the problems surrounding regulatory support from relevant authorities. Now Mastercard, Visa, eBay, and payments firm Stripe have decided not to participate in...

For a long time now, FAANG stocks have been the unofficial standard by which the S&P 500 is measured. FAANG which is an acronym for five of the biggest tech and internet companies – including Facebook, Apple, Amazon, Netflix and Google parent Alphabet Inc., – were regarded by investors, traders and even analysts alike, as the stocks that account for a large percentage of the general returns gotten from the index.For the better part of 2018, FAANG pulled in amazing returns for investors...

According to the latest report from Yahoo Finance, the chairman of the United States Commodities and Futures Trading Commission called Ethereum (ETH) a commodity.Speaking at the Yahoo Finance Summit, CFTC chairperson Heath Tarbet said that the ETH token falls under the regulatory oversight of CFTC. He further added that in the near future, one cannot rule out the possibility of having Ethereum futures in the market. Tarbet said:“We’ve been very clear on bitcoin: bitcoin is a commodity. We...