Crypto Asset NYM to Fuel Test of Tokenized Facebook Login Alternative

Privacy-focused Nym Technologies plans to launch a testnet this fall. Its identity system masks identifying user data across blockchains.

Facebook Libra Already Facing an EU Antitrust Probe: Report

Facebook is reportedly already under investigation by the EU over antitrust issues related to its Libra cryptocurrency project.

Facebook’s Libra Spooks China Into Rushing Central Bank ‘Crypto’

By CCN Markets: We now know the reason why China’s central bank appears to be rushing to issue its “cryptocurrency” as quickly as possible. Beijing, reports suggest, is worried that Facebook’s Libra “cryptocurrency” will launch first. Communist Party Mouthpiece: China Wants to Beat Facebook With Knock-Off 'Crypto' According to English-language newspaper China Daily, the People’s […]

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Facebook Isn’t Behind the First Incubator for Libra Crypto Developers

With $125,000 committed to a virtual bootcamp in November, Libracamp is incubating development on Facebook's Libra testnet.

US Lawmakers to Discuss Facebook Libra on Swiss Visit: Report

Congresswoman Maxine Waters and other U.S. lawmakers will discuss Facebook's crypto project with the Swiss data privacy chief this week.

Facebook Contractor Spies on Horrified Moderators. When Does It End?

Facebook released a video last year apologizing for its data misuse that likely swayed the 2016 election. It ends by saying “if this place does what it was built for, we all get a little closer.” That is the problem, Facebook. It's time to back off. Th...

Privacy Shocker: Did Facebook’s Libra Plans Just Go Up in Smoke?

By CCN Markets: As if Facebook didn't have enough privacy issues, the company now confirms that it has been transcribing the audio chats of its users for quite some time. Facebook Claims It Wasn't Being Sneaky Facebook claims that the only conversations that were transcribed were from those users who selected that option in the […]

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Court Slams Facebook, Allows Privacy Class Action Worth Billions

Facebook and Mark Zuckerberg just had their ears boxed by the 9th US circuit Court of Appeals regarding privacy concerns related to Facebook's facial recognition technology. The decision by the court opens the possibility of a massive Facebook class ac...

Walmart Cryptocurrency Won’t Suffer Facebook’s Dismal Libra Fate: Analyst

Cowen, a veteran analyst and research group, believes that Walmart will face less political opposition than Facebook if and when it decides to launch its own cryptocurrency. Government Likes Walmart Better Than Facebook? Walmart revealed last week that it was looking into the creation of a stablecoin, via a patent filing. The digital currency variant […]

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Facebook Poaches Ex-GOP Aide to Peddle Libra to Congress

Facebook has hired a former assistant to Republican Senator Mike Crapo as a lobbyist in their broader campaign to make Libra palatable to crypto skeptics on Capitol Hill. Susan Stoner Zook stopped working as an aide to Crapo back in 2013, according to ...