Facebook Crypto Wallet? Social Media Giant Plans to Launch Digital Wallet This Year
Novi, the Facebook-planned digital wallet will also be accompanied by a new stablecoin which will be called “Diem.”
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Libra
Facebook’s Libra Plans to Develop Stablecoins Tied to Different Fiat
Libra is supposed to be a global digital currency backed by a basket of fiat currencies, including the US dollar.
Read more Libra Being Considered to Become a Payment Network Accepting Multiple Coins
If Libra becomes a payment network, some argued the consumer won’t see much difference when using it versus using currently existing payment systems.
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Shopify Joins Libra Association
Shopify argues that while online commerce has become increasingly borderless, it is easy to forget that mode of payment and value exchange are problems not solved everywhere.
Read more Facebook Reiterates Libra Will Launch Without OK from Regulators
Mark Zuckerburg stresses that the Association will lead the efforts for Libra and not Facebook.
Read more Libra Association Remains Determined Despite Loss of Visa, Mastercard, PayPal
With 1,500 companies expressing their intention to join the project, Libra Association said around 180 of these have met the criteria.
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$10,000 Max Reward for Facebook Libra Bug Bounty
Facebook is keen to make its cryptocurrency project Libra secure and as such, it launches a bug bounty program that will pay security researchers up to $10,000 in rewards.
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Don’t Fall for Facebook Libra Scams Online
Dozens of Facebook pages and groups seem to mislead the public, claiming they are the official accounts of Libra, Facebook’s upcoming cryptocurrency.
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Expert Weighs in on How Facebook’s Libra Blockchain Works
Mr. Jameson Lopp, an expert in cryptocurrency and blockchain examines the 26-page technical document describing how Libra works.
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Philippine Central Bank Not Keen on Launching Own Crypto
The BSP is not keen on launching its own cryptocurrency despite the announcement of Facebook’s launching of the Libra cryptocurrency.
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