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The great Facebook sleight of hand: A blockchain without blocks
Facebook’s blockchain lead David Marcus unveiled its long-awaited and much-hyped cryptocurrency, Libra Coin, today. Many have lauded it as the great white hope for...
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Facebook announces Libra digital currency, Calibra digital wallet
Facebook is unveiling an ambitious plan to create a new digital currency and financial system to transform the way money moves around the world,...
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Bitcoin price climbs above $9,000 amid Facebook crypto talk
Omar Marques | LightRocket | Getty ImagesBitcoin leaped across the $9,000 mark on Sunday, boosted by reports that Facebook is soon set to launch...
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Facebook Stock Rises as Company Prepares to Unveil Its Cryptocurrency
The tech giant's cryptocurrency reportedly has backing from traditional payment firms and other billion-dollar businesses.A late rally in the stock market fizzled and left...
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Facebook hires Silicon Valley oligarchs as rulers of Globalcoin
Facebook’s upcoming cryptocurrency will be run by a consortium of around a “dozen” companies—each paying Facebook $10 million for the privilege—that will include Uber,...
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Facebook coin: The good, the bad and the inevitable
Facebook is launching its new cryptocurrency, dubbed GlobalCoin, later this month, The Information trumpeted yesterday. The more cynical among us may ponder the timing:...
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Facebook in talks with CFTC over GlobalCoin
Facebook is conducting talks with the Commodities Futures and Trading Commission, according to the Financial Times. The commission is reportedly seeking to understand whether...
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Facebook faces the same struggles to blockchain adoption
NEW YORK—Good luck, Facebook: Developers striving to make blockchain technology accessible to the average user say the social network’s own blockchain gambit isn’t a...
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Hyperliquid Trader James Wynn Gambles Donations, Faces Losses Again
Crypto trader James Wynn used over $20,000 in donations to fuel a high-risk bet on the Hyperliquid exchange.
The funds...
Circle Upsizes IPO, Targets $7.2B Valuation After Ripple Bid Fails
Circle has increased both the number of shares and the price range for its planned IPO in a new...
TRON Leads Real-World Stablecoin Payments as Tether Dominates Use
Stablecoin real world payment volume reached an annualized $72 billion in February, according to Artemis.Business-to-business (B2B) payments made up...