Cryptocurrency News
Over the past few years, most of us have at least heard the name “Libra” being mentioned when discussing about the mainstream adoption of cryptocurrency. Those who buy Bitcoin religiously claim that Facebook is about to make a big move in the space. But how much truth does this statement […]
Facebook does not have the best reputation when it comes to respecting privacy. Recently leaked information by NSO Group shows the social media giant was very interested in an iOS spyware application. NSO Group is a well-known group in the technology space. Facebook had its eye on iOS Spyware The […]
A lot of companies rely on public perception to remain profitable and valued highly on stock exchanges. A recent survey shows that social media platforms are losing clout pretty quickly, for fairly obvious reasons. The recent survey conducted by The Verge paints a very interesting picture. Social Media is Losing […]
Ever since Facebook announced the Libra, there have been numerous concerns regarding the project. It now appears that some changes may be in order after all. In theory, the Libra is designed to be a digital currency. The Libra Saga Becomes Complex It is pegged to a basket of reserve […]
Facebook is one of the biggest social networks in the world today. Even so, the company cannot keep its own Twitter and Instagram accounts safe. Both of these accounts have been hacked earlier this week. Facebook Messes up Once Again Facebook isn’t alone in this regard either. The wave of […]
China’s stance on cryptocurrencies and digital assets seemingly hasn’t changed much. However, when it comes to handling Facebook’s Libra, battle lines may be drawn fairly soon. More specifically, the central bank is closely monitoring this situation. China Might Regulate the Libra After all A PBoC deputy governor wants China to […]
Facebook tends to make a lot of headlines for the wrong reasons. This time is no different, as a data theft event affects roughly 29,000 employees’ data. It would appear that the social media giant has a data breach on its hand with quite a big impact. Another PR Nightmare […]
Major developments continue to take place in the artificial intelligence industry. Facebook’s Jerome Pesenti thinks the current model of deep learning is reaching its limits, however. Dozens of companies are in the process of exploring the potential of artificial intelligence. The Costs of Artificial Intelligence Research Virtually all of these […]
The technology community is up in arms once again. The US government has tried to get rid of end-to-end encryption in numerous ways. Its latest effort comes in the form of putting pressure on Facebook to make this decision. Their aim is to “protect consumers, primarily those underage and vulnerable”, […]
Watching porn online has become more than acceptable in our society these days. Unfortunately, it is also of great interest to companies such as Google, Facebook, and Oracle. New research confirms most of the porn sites out there contain trackers, which seem to bypass a browser’s incognito mode. One’s online […]
Facebook has their own digital currency. Bitcoin is trading above $11,000. Donald Trump is Tweeting about cryptocurrency. No, this isn’t a dream, it’s just another day in crypto in 20019. Earlier this night, United States President Donald Trump shared his opinions on Bitcoin and cryptocurrency. In typical Trump fashion, his […]
The public perception of Facebook’s digital currency project remains all over the place. Despite a lot of initial excitement regarding Libra, it remains to be seen how well the project will fare when everything is said and done. While there may be some big hurdles ahead, there are a few […]
A lot of people are keeping close tabs on Facebook’s new digital currency project. Known as Libra, it will either change the world as people know it, or fail to make any meaningful impact. There are several reasons to not get too involved in this project right away, primarily because […]
At press time, the father of cryptocurrency is trading for over $11,000, meaning bitcoin has struck a new milestone for 2019. Bitcoin Continues Exploding in Price This is huge news considering where the currency stood at around this time last year. During the summer of 2018, bitcoin was “settling in” […]
It would appear Facebook’s venture into the world of digital money may hit a roadblock before it is even launched. The Libra project, which is not a cryptocurrency by any stretch of the imagination, has not received official approval by the US Congress. As such, a thorough review seems to […]
On June 14, Facebook announced their intentions to launch their own cryptocurrency, Libra. This announcement sparked discussion and speculation across the entire space. Today, June 18, the project’s white paper and testnet were published. What is Libra? Per the recently released white paper, Libra is a cryptocurrency headed by Facebook […]
There is a growing focus on Facebook’s recent digital currency announcement. Known as GlobalCoin, many people expect this venture to disrupt the appeal of cryptocurrencies such as Bitcoin. As is always the case, there are still a lot of unknown factors which need to be addressed. Some interesting aspects of […]
Facebook’s cryptocurrency plans could rake in $19 billion in revenue for the social media giant. This is according to Ross Sandler, an internet analyst with Barclays. In a note to investors, Sandler stated that ‘Facebook Coin’ provides a new and lucrative avenue for Facebook to dominate payments. The Menlo Park, […]