Facebook continues its fight to launch the Libra

While the US Congress continues to investigate the merits of the Libra , Facebook is trying to convince it by providing more information. Facebook  has just disclosed the list of currencies planned to support its native cryptocurrency. Backed by several national currencies Since the Libra is a stablecoin , it could then be indexed to one or more reserve currencies, a commodity […]

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US Chamber assesses risks related to Libra launch

The controversies over the upcoming launch of Facebook’s cryptocurrency , the Libra , have not stopped. At the latest news , a delegation from the US House of Representatives would have gone to Switzerland to discuss the project. Libra would be at the heart of the discussions After asking Facebook to halt the development of its cryptocurrency project, Maxine Waters, chair […]

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Facebook crypto-currency brand usurped before its release

While Facebook is fighting a fierce battle with the authorities to legitimize Libra , there are already reports of frauds spoofing the identity of this cryptocurrency to extract funds from users. The counterfeit Libra website Internet is full of traps for users, it is well known. Recently , hackers have taken advantage of Libra, Facebook’s cryptocurrency, to attract users’ attention to […]

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According to the co-founder of Ethereum, Facebook’s cryptocurrency is centralized

Decentralization has always been one of the most acclaimed features of the Blockchain, which gives it a certain added value. Nevertheless, according to Ethereum co-founder Joseph Lubin , Facebook’s native cryptocurrency, Libra, is “centralized” because it is governed by a handful of technology companies. A decentralized system In an article published in the journal Quartz Joseph Lubin announced that the cryptocurrency Libra is […]

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The Reserve Bank of Australia discredits Facebook cryptocurrency

The presentation of “Libra”, Facebook’s cryptocurrency planned for the year 2020, has triggered a wave of pessimistic reactions from governments and financial institutions around the world. After the United States,France , and Russia, Australia is currently conducting its smear campaign against this controversial cryptocurrency. The regulatory question must be anticipated While  the G7 has announced the creation of a working group to study […]

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100 employees work on Facebook’s crypto-project

Although the social media giant’s cryptocurrency project, Facebook, is still held in secrecy, some details about the appointment of high-level project leaders are emerging . More than 40 positions are still available 100 people are currently working on the project according to several profiles on LinkedIn. 40 positions are available in the team’s business unit. David Marcus, the […]

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MIT professor works on Facebook’s cryptocurrency

Christian Catalini , a professor at Massachusetts Institute of Technology (MIT), would work on the development of Facebook’s cryptocurrency . Catalini asked for the “Facebook Coin” project The ambitions of the largest social network in the world in terms of cryptocurrencies are growing day by day. Having unofficially announced its billion-dollar investment plan for its own digital token, Facebook […]

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Binance’s CFO does not expect anything good for the crypto ecosystem with Facebook’s involvement

Wei Zhou, Binance’s CFO, suspects Mark Zuckerberg of wanting to monopolize the Blockchain and cryptocurrency sector and has not failed to mention it on CCN. He deplores the attitude and false hopes of some observers who see Facebook revolutionize the sector. A monopoly for Facebook’s interests Subscriber to the resounding success, Mark Zuckerberg continues to gain […]

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