Libra News

Meta-Backed Diem Considering Sale of Assets, May Shut Down

Diem, the Meta-backed cryptocurrency project, is considering a sale of its assets and may ultimately dissolve....

Cryptocurrency Now Collectively Worth Over $1 Trillion

Cryptocurrency has hit a major milestone, with the collective value passing the $1 trillion mark, led largely by Bitcoin’s meteoric rise....

Libra Association Changes Name to Diem Association

The Libra Association has changed its name to the Diem Association to signal a new phase in its development....

PayPal Looking To Enter Cryptocurrency Space

PayPal is looking to get into cryptocurrency, opening the door for its 365 million customers....

Vodafone Leaves Facebook’s Libra Association

In the latest blow to Facebook’s Libra Association, British telecom conglomerate Vodafone has announced it is withdrawing, according to CoinDesk. Fa...

Google Branching Into Finance, Partnering With Citi to Offer Checking Accounts

The Wall Street Journal is reporting that Google is looking to expand into finance, with a Citi-backed checking service. Code-named “Cache,” the s...

Facebook Considering Currency-Backed Stablecoins For Libra

Following the departure of several major backers of Facebook’s Libra cryptocurrency, Reuters is reporting the social media giant is considering a co...

OpenLibra Cryptocurrency Announced: Like Libra But Without Facebook

In the wake of reports that Facebook’s Libra currency is losing backers, Mashable is reporting that OpenLibra is being positioned as an alternative,...

Facebook Libra Backers Back Out

A week ago we covered a Wall Street Journal article highlighting potential trouble for Facebook’s Libra cryptocurrency, as multiple backers were rec...

Libra Currency Backers Reconsidering Involvement

The Wall Street Journal (WSJ) is reporting that financial backers of Facebook’s cryptocurrency, Libra, are having second thoughts. According to sour...

Facebook’s Libra Is a Force For Good, Says PayPal Co-Founder

“In general, Libra is a force for good,” says PayPal Co-Founder and Affirm CEO Max Levchin. “It’s a really interesting experiment. I'm glad th...

Designed From the Ground Up To Be a Great Medium Of Exchange, Says Facebook Calibra Head

Today we’re sharing plans for Calibra, a newly formed Facebook subsidiary whose goal is to provide financial services that will let people access an...

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