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Tag Archives: Mark Zuckerberg

Facebook Announces Plans to Sell Libra Crypto Project

The Libra/ Diem cryptocurrency project that was started so long ago by Mark Zuckerberg and Facebook is presently up for sale. The project has come crashing down underneath the heavy regulatory scrutiny it’s experienced, and it looks like Zuckerberg is eager to move on. Facebook Is Looking to End Libra Once and For All The goal is to sell all current assets presently stored in the Diem Association. This way, funds can be returned to investors and the company – now known...

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The Gemini Exchange Is Rapidly Expanding Its Team

The Gemini Exchange in New York is looking to bring at least 200 new workers onto its team. The company is hiring rapidly after claims of excessive growth have been making headlines over the past few years. The Gemini Exchange Wants to Bring More People Onboard The Gemini Exchange is still a relatively new company, but its history is already rich and well known. The firm was started by the famed Winklevoss Twins, who got into a legal spat with Facebook founder Mark...

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Could Libra Be Available Within the Next Two Months?

Facebook’s new cryptocurrency and digital payment system, Libra, could be ready for release early as January of next year.Libra Is Potentially Ready for a RolloutThe news surrounding the release of Libra has been circulating throughout crypto newsrooms for more than a year and a half. Since June of 2019, the currency has been permeating analysts’ minds. They have wondered many questions, a big one being “What would Facebook gain from cryptocurrency?”The project has puzzled many people....

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Tim Draper: Libra and Zuckerberg Are Being “Picked On”

It looks like venture capitalist Tim Draper has positive sentiment towards the Libra cryptocurrency and its founder Mark Zuckerberg.Tim Draper Sticks Up for Mark ZuckerbergTim Draper has made a real name for himself in the crypto space. He won a huge chunk of Ross Ulbricht’s bitcoin stash in an auction in 2014 and has often offered huge praise for the digital asset. In addition, he has loaded the space with wild – yet intriguing – predictions, stating that the currency would reach the...

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Zahlungsdienstleister Checkout nutzt Libra

Facebook erntete von vielen verschiedenen Seiten Kritik für die geplante Einführung der neuen Kryptowährung Libra, namhafte Partner wie Visa und MasterCard sprangen wegen zu grosser Bedenken bereits ab. Doch jetzt kann die Libra Association neue Partner gewinnen, nachdem ein Whitepaper mit regulatorischen Änderungen vorgestellt wurde. Nach dem durchschlagenden Erfolg der neuen Kryptowährungen wie Bitcoin, Ethereum oder Ripple in jüngster Vergangenheit will Facebook seine eigene...

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Facebook (FB) Stock Rose by 3.74% in Pre-market, Company Goes Head-to-head with Zoom

Facebook (FB) stock price was rising today in the pre-market. The company now wants to become a serious rival for Zoom.Facebook Inc (NASDAQ: FB) stock price has risen by 3.74% in the pre-market today. This comes as the social media giant is reportedly seeking to compete with Zoom Video Communications (NASDAQ: ZM). Facebook had a Windows app for its chat program in 2011. This was however discarded. Mark Zuckerberg revealed in his Facebook post:“We’re all looking for more ways to be together...

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Digital Dollar Team Adds 22 Advisors, Hints at Whitepaper in Q2 2020

Ex-CFTC chief’s Digital Dollar Initiative adds 22 new advisors and will release a white paper in the next two months. The Digital Dollar is serious as never, as ex-CFTC, FED, Treasury board directors join the venture.Chris Giancarlo is gathering the industry’s top minds around what could soon become the Bitcoin killer for institutions. The Digital Dollar initiative is serious as never, as ex-CFTC, Treasury board directors join the venture. Digital Dollar Foundation (DDF) issue a press...

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Square Will Operate Crypto Bank and Give Loans to Business

Square Bank will give loans to small business and corporations. It will also sell debts to third parties and engage in blockchain development.Twitter’s Jack Dorsey is a vivid supporter of Bitcoin as a technology. He was saying a lot of times that cryptocurrency is the future, pointing to the success of Bitcoin’s inception. The Federal Deposit Insurance Corporation (FDIC) initiated voting among the board members regarding Square. The company wants to put insurance on the holdings to loan. Per...

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Facebook (FB) Stock Down 6.40% on Monday, Company Adds Two Female Board Members

While Facebook (FB) stock is experiencing not the best times, the company takes contingent plans for the future by adding two female board members.Facebook Inc (NASDAQ: FB) stock fell 6.40% on Monday drastically ending the hopes of recovering any time soon. The stock traded below $170 for the first time since the calendar flipped, and retested September 2019 strong support level. However, it did not respect the level as it has continued to show signs of falling further in the near future. The...

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Facebook (FB) Stock Dips 3.45% in Premarket as Company Takes Measures Due to Coronavirus

Facebook (FB) stock has negatively reacted to the current situation in the U.S. caused by the coronavirus outbreak and all the related risks.Facebook Inc (NASDAQ: FB) stock has dipped 3.45% in the premarket to trade below $190 price level as the company is advising its employees from the greater Bay Area to stay at home due to fears of coronavirus spread in the locality. The instructions to cancel any work trip will affect its California headquarters and also it’s Menlo Park.This a huge blow...

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