Latest Libra News

Top VC goes “super long” on Facebook’s Libra crypto after this partner joined the network

Top VC goes “super long” on Facebook’s Libra crypto after this partner joined the network

Facebook’s crypto initiative – dubbed Libra – captured the attention of the world last year, with a plethora of prominent companies signing on to be part of the “Libra Association.” The massive launch of this initiative unsurprisingly drew the ire of government officials, including the United States President and top Congressional leaders, who all noted that […]

“Zuckbucks” encounters resistance due to Facebook’s damaged reputation, Libra may precipitate unfavorable legislation

“Zuckbucks” encounters resistance due to Facebook’s damaged reputation, Libra may precipitate unfavorable legislation

Facebook’s Calibra CEO David Marcus took another beating, this time from members of the House, with one lawmaker even scorning the proposed Libra cryptocurrency as “Zuckbucks.” Marcus went before members of the House Financial Service Committee to explain the social media platform’s ambitious proposal to enter the crypto space.