Facebook Launches Stablecoin Libra and Accompanying Wallet Calibra. Is This...
Facebook (NASDAQ:FB) launched its long-anticipated cryptocurrency today with an onslaught of documents, commentary and punditry feedback. Two new websites were revealed each affiliated with a different...
View ArticleFake Facebook Libra Coin and Calibra Wallet Sites Cropping Up Online
Clone websites designed to capitalize on the hype surrounding Facebook’s recently announced Libra cryptocurrency (not due for release until 2020) and divert investor funds to scammers are already...
View ArticleUS House Representatives Ask Facebook for Moratorium on Implementation of...
Five US House Representatives have submitted a letter to Facebook asking the company to, “immediately agree to a moratorium on any movement forward on Libra- its proposed cryptocurrency and Calibra-...
View ArticleFacebook Finds Few Friends on House Financial Services Committee as Libra...
This past week much of the Fintech news was dominated by hearings in Congress addressing Facebook’s plan to launch a global, blockchain-based, payments platform using a stablecoin, of sorts, as a...
View ArticleFacebook Acquires Messaging Bot Developer Servicefriend, Prepares for Libra...
Facebook has acquired Servicefriend, a Tel Aviv-based company that provides artificial intelligence (AI)-enabled customer service bots for messaging. The acquisition has been made as the social media...
View ArticlePayPal Exits Facebook’s Controversial Stablecoin Project Libra
Paypal, one of the founding members of the Libra Association, has exited the controversial stablecoin project. Earlier, the Financial Times reported that the digital payments giant PayPal might be...
View ArticleFacebook’s Subsidiary Calibra Is Being Sued for Trademark Infringement By...
Facebook’s subsidiary Calibra is being sued for trademark infringement by Current, the developer of a mobile banking app. The complaint was submitted on October 10 in the US District Court for the...
View ArticleChristian Catalini: Co-Creator of Libra Explains How the Facebook-led Project...
Christian Catalini, co-creator of the Facebook-led Libra payment system and head economist at Calibra, a subsidiary of the social media giant that’s focused on developing a digital wallet for Libra,...
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