Tag: Facebook

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Libra Project Shrinks as Coronavirus Proves Too Heavy to Handle

The coronavirus appears to be taking a toll on Facebook’s Libra project. Libra Is Now Smaller Libra was first introduced in June of last year. The...

Libra Is Taking on New Form as a Payment Network

Are we about to see some major changes coming to Libra? Libra Is Taking On a Whole New Form The words “changes coming” probably aren’t entirely...

Facebook Is Being Sued (Again) Over Phony BTC Promotions

A billionaire in Qatar named Wissam Al Mana is filing a lawsuit against social media giant Facebook after crypto-based advertisements on its platform used...

Ajay Banga: Too Many Red Flags with Libra

Libra was first announced approximately eight months ago in June of 2019, and for the most part, the reception has been mixed. Why Is Libra...

It Doesn’t Look Like Libra Is On Track Anymore

For the longest time, executives of Libra have stated that users can expect a release date of 2020 for the coin. However, 2020 has...

Scammers Are Using the Faces of Financial Analysts to Promote Phony Crypto Programs

Cryptocurrency scammers are quite active on Instagram in London, according to Britain-based users. Scammers Are Up To Their Same Old Tricks New advertisements featuring the face...

Libra Is a Failure, Says Ueli Maurer

Not long ago, it was reported that Libra was looking to make a new home in Switzerland. Well, it appears now that even Switzerland...

Lael Brainard Doesn’t Seem to Trust Libra

Lael Brainard – the Federal Reserve governor – is back in the news. This time, she’s attacking the cryptocurrency project Libra, and to be...

Patrick Ellis: There Is No Strategy Behind Libra’s Release

Facebook’s cryptocurrency project Libra is still very much up in the air, according to board member Patrick Ellis. Ellis Admits Facebook Has No Clue What...

Bit Spark Seeks to Provide Crypto to Developing Regions

Several crypto and blockchain companies out there are looking to ensure the unbanked garner the financial services they need. Sadly, many of these companies...

John McAfee Isn’t a Huge Fan of Libra

Antivirus mogul John McAfee – who has repeatedly touted bitcoin, saying it will reach $1 million by the year 2020 – has a few...

Daniel Daianu: Libra Could Hurt Finance

Libra just can’t seem to catch a break. Following months of haggling by U.S. lawmakers and European officials, a Romanian bank chief is adding...