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Tag: Libra

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....
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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....
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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....
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PayPal Looking To Enter Cryptocurrency Space
PayPal is looking to get into cryptocurrency, opening the door for its 365 million customers....
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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...
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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...
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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...
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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,...
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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...
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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...
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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...
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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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