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Calibra is no more.
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 […]
A Libra scam has appeared on Twitter to conduct a fake initial coin offering (ICO) of its coin LIBT.
In a recent interview with CNBC’s “Squawk Box,” CEO at Galaxy Digital Michael Novogratz stated that Facebook could have taken a different approach when it announced the creation of Libra.
At Facebook CEO Mark Zuckerberg’s Senate testimony, Republican congressman Ted Budd of North Carolina said that Bitcoin, Ethereum, and XRP are actual cryptocurrencies, while Libra isn’t.
Mark Zuckerberg, the founder and CEO of Facebook, has testified before the United States House Financial Services Committee, where Congress members have raised their concerns about the company’s past and future dealings.
Two weeks ago, it was announced that IOV Labs, the parent company of smart contract platform RSK, has acquired Latin American social media network, Taringa.
The head of Libra, Facebook’s controversial cryptocurrency initiative, has stated the project will continue to develop its planned “new global currency” despite having lost a quarter of its backers, including Stripe, Visa, PayPal, and Mastercard.
The Libra Association announced that it will pursue a payment system license under the Swiss Financial Market Supervisory Authority’s (FINMA) supervision.
Binance said it will be learning from Facebook’s mistakes with Libra, taking an even “more conservative” approach with its stablecoin, Venus.