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.

Erik Finman: My Cryptocurrency Will Kill Libra – and Replace Bitcoin

By CCN Markets: Crypto millionaire Erik Finman says bitcoin "is being replaced" by Facebook's Libra. But he insists his cryptocurrency, Metal Pay, is the "Libra Killer." The 20-year-old entrepreneur made the ballsy claims in a blog post at Wall Street ...

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.

CZ Claims Binance’s Venus Stablecoin Project to Help Facebook’s Libra

By CCN Markets: Binance has announced today its Venus stablecoin project that many deem as a competitor to Facebook's upcoming Libra crypto. But Binance CEO Changpeng "CZ" Zhao thinks otherwise. Venus, the regional Libra While Facebook seeks to conquer the global financial world with Libra, Binance wants Venus to stay in the regional waters instead, […]

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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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Binance’s CZ: Like It or Not, Facebook’s Libra Coin Is Poised for Mass Adoption

Binance CEO Changpeng Zhao shares his thoughts on Facebook’s Libra and says Brexit is bullish for crypto in a wide-ranging interview.

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 ...