CryptocurrencyPro

Facebook Considering Currency-Backed Stablecoins For Libra

Following the departure of several major backers of Facebook’s Libra cryptocurrency, Reuters is reporting the social media giant is considering a compromise. Initially, Facebook proposed a synthetic unit for the cryptocurrency. The company’s efforts have been met with widespread suspicion and criticism from governments around the world. In what is no doubt an effort to …

Facebook Considering Currency-Backed Stablecoins For Libra Read More »

Like Libra But Without Facebook

In the wake of reports that Facebook’s Libra currency is losing backers, Mashable is reporting that OpenLibra is being positioned as an alternative, “an open platform for financial inclusion. Not run by Facebook.” The new cryptocurrency was announced in Osaka, Japan at the Ethereum Foundation’s Devcon 5 conference. The currency will share the same Move …

Like Libra But Without Facebook Read More »

Facebook Libra Backers Back Out

A week ago we covered a Wall Street Journal article highlighting potential trouble for Facebook’s Libra cryptocurrency, as multiple backers were reconsidering their commitment to the project. Fast-forward a week and things have only gone from bad to worse. As Bloomberg reports, PayPal was the first to announce they were leaving on October 6, with …

Facebook Libra Backers Back Out Read More »

Libra Currency Backers Reconsidering Involvement

The Wall Street Journal (WSJ) is reporting that financial backers of Facebook’s cryptocurrency, Libra, are having second thoughts. According to sources familiar with the situation, Visa and Mastercard—both members of the Libra Association created by Facebook to oversee the project—are having doubts about continuing to back the currency amid criticism from various governments. Neither of …

Libra Currency Backers Reconsidering Involvement Read More »

Bitcoin is Bad, Blockchain Is Revolutionizing, Says VMware CEO

“Bitcoin as its implemented and implementation of blockchain and distributed ledger I assert is bad,” says VMware CEO Pat Gelsinger. “Its purpose is almost all illicit and it’s an environmental crisis. This is a terrible implementation of blockchain. I’m not saying that blockchain is bad. I think it is revolutionizing. This is breakthrough innovative technology …

Bitcoin is Bad, Blockchain Is Revolutionizing, Says VMware CEO Read More »

Facebook’s Libra Is a Force For Good, Says PayPal Co-Founder

“In general, Libra is a force for good,” says PayPal Co-Founder and Affirm CEO Max Levchin. “It’s a really interesting experiment. I’m glad they’re doing it in a way that isn’t just Facebook because of all the headwind that Facebook has experienced with the regulators. There are many questions to ask about the practical applications. …

Facebook’s Libra Is a Force For Good, Says PayPal Co-Founder Read More »

Designed From the Ground Up To Be a Great Medium Of Exchange, Says Facebook Calibra Head

Facebook announced today a new digital wallet for a new digital currency. It is currently in a test phase and will launch live in 2020. Here is how Facebook explains the launch in its announcement release: “Today we’re sharing plans for Calibra, a newly formed Facebook subsidiary whose goal is to provide financial services that …

Designed From the Ground Up To Be a Great Medium Of Exchange, Says Facebook Calibra Head Read More »

Incredibly Positive For Blockchain Market to Have Facebook Leaning In, Says Ripple CEO

“It’s an incredibly positive signal for the overall blockchain and crypto market to have a player like Facebook leaning in,” says Ripple CEO Brad Garlinghouse. “There’s been obviously a lot of skepticism in the origins of crypto coming from kind of an anti-government and anti-bank point of view. To see major industry players lean in …

Incredibly Positive For Blockchain Market to Have Facebook Leaning In, Says Ripple CEO Read More »

BlockchainWeek NYC 2019 Recap

For the last five years, every spring CoinDesk has been hosting its blockchain technology conference Consensus in New York City. The idea is to bring together the top brands and developers in the cryptocurrency and blockchain spaces to learn what’s new and what’s next. The event has grown to include the surrounding Blockchain Week, which includes both official …

BlockchainWeek NYC 2019 Recap Read More »

Bitcoin is Worthless, Says Shark Tank’s Kevin O’Leary

Shark Tank star Kevin O’Leary is not a fan of Bitcoin. He talked about a transaction where he tried to buy property using Bitcoin in Switzerland. “Try and do a transaction of $100,000 in Bitcoin,” says O’Leary. “I tried to do some real estate in Switzerland with it once. It is a useless currency. They …

Bitcoin is Worthless, Says Shark Tank’s Kevin O’Leary Read More »

A Facebook Coin is Probably the Next Big One, Says Blockchain Capital Co-founder

“For multinationals to issue their own currencies and request that their consumers purchase in that particular currency is not that outlandish,” says Blockchain Capital co-founder Gavin Brown.  “So perhaps with multinationals being what they are the fact that they are able now digitally and technologically to issue their own currencies and request their consumers to …

A Facebook Coin is Probably the Next Big One, Says Blockchain Capital Co-founder Read More »

5 Takeaways From SXSW 2019

SXSW Interactive has evolved over the past decade that I have been going. For starters, I’ve watched ridesharing services come, go, and come back again, but it doesn’t seem to help the traffic situation either way. This year there were scooters on top of everything, which come with their own set of issues. It was …

5 Takeaways From SXSW 2019 Read More »

?
WP Twitter Auto Publish Powered By : XYZScripts.com