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Banks Need Ripple’s xRapid to Compete with Facebook’s Libra

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Brad Garlinghouse, the CEO of Ripple, has praised Facebook's Libra recently, stating that because of the Libra announcement Ripple signed a record-breaking amount of...

Amazon Pay VP Says No Current Plans to Follow Facebook into Crypto

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At Fortune’s Brainstorm Finance 2019 event, Patrick Gaulthier, vice president of Amazon Pay aired his view on Facebook's recent crypto initiative. To him, the...

Facebook Has A Date With the US Senate Banking Committee

A few days ago Facebook released Libra, their “cryptocurrency.” Since then there has been a lot of excitement and confusion about the coin’s release....

Facebook CEO Mark Zuckerberg Disclose all 27 companies backing Libra; Launches Calibra

The companies were twenty-seven in all and according to Zuckerberg's statement, they are all solidly supporting Facebook's stablecoin project. Zuckerberg in his statement revealed that...

Facebook Employs Standard Chartered Bank Lobbyist for its Cryptocurrency

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According to the Financial Times, Facebook extends its hiring spree for its upcoming cryptocurrency called “GobalCoin”. Financial Times added that the new hire was formerly...

Facebook is Reportedly Launching Libra Blockchain Testnet Next Week

Facebook is not wasting time. The social media behemoth is set to unveil the Libra Association and Libra Blockchain next week.  The whole crypto community...

Uber, PayPal, Visa to Back Facebook’s GlobalCoin Cryptocurrency

Facebook’s new cryptocurrency, GlobalCoin, is backed by majors companies like Visa, Mastercard, PayPal and Uber. The backers are individually investing roughly $10 million in...

Facebook May Launch Its Coin Sooner Than Expected

We already know that Facebook is working on its own coin, however, we did not know when the coin will be released. The launch...

Dutch Billionaire Sues Facebook Over Bitcoin Scam Ads

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The Dutch billionaire according to Reuters, has been the face of a fake advertising campaign for a scam Bitcoin investment platform. This is not...

Facebook Deliberates with CFTC on the Future of its Stablecoin

According to a report from the Financial Times on Sunday, Social media giant Facebook is talking to the CFTC about its launch of Globalcoin. The discussion was...