House Democrats ask Facebook to halt its Cryptocurrency project – Libra A group of Democrats led by Rep. Maxine Waters, the chairwoman of the House Financial Services Committee has sent out a letter to Facebook asking the company to halt […]
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Due to uncertainty surrounding India’s cryptocurrency markets, Facebook won’t be launching its cryptocurrency Libra in India. Apart from India, Techcrunch won’t be launching in countries where Facebook has no presence, like China and countries that are under sanction by the […]
Facebook’s Announcement could drive Bitcoin to $10k in June-August Various reports have indicated that Facebook is preparing to launch a stable coin pegged to various fiat currencies, a recent report suggests that the project known as “Globalcoin” will be revealed […]
Facebook’s Crypto to be called “Globalcoin” Social media giant Facebook is planning to launch its own Cryptocurrency named “Globalcoin” in the first quarter of 2020, according to a report from BBC. It is looking to start trails by the end […]
Former Facebook Engineers have established a tech company based out of New York which has launched an Ethereum (ETH) based collectible app. The startup named “Editional” has already launched an iOS app which allows users to create and own unique […]
After taking the world by storm through its social networking platform, Facebook’s new interest lies in Cryptocurrency. According to The New York Times reporter, Nathaniel Popper’s latest tweet Facebook is looking to raise up to $1 Billion in funding for […]
Blockchain / Blockchain / Business / News
Facebook acquires Chainspace – A Blockchain based Smart Contract Development Platform
Facebook has recently acquired a Blockchain based smart contract development platform Chainspace. The company has hired employees from Chainspace and will not acquire any of its technology (in a move called acqui-hiring). Now, Facebook’s blockchain team will expand as four […]
Facebook the Social media giant is planning to launch its own Cryptocurrency according to a Report from the Financial news outlet Cheddar. The report said that Facebook is very serious about this. Facebook, however, has not made any official statements […]
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