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Facebook Libra cryptocurrency faces political pushback in Europe

In this photo illustration, a visual representation of a cryptocurrency sits on display in front of a Facebook logo.Chesnot | Getty ImagesFacebook unveiled its...

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...

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,...

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...

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...

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,...

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:...

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...

Latest news

Bitcoin falls below $73,000 on heavy ETF outflows

Bitcoin fell to $72,885, its lowest level since mid-April, amid heavy leveraged position liquidations and ETF outflows.President Donald Trump...

Bitcoin longs defend $70K despite ETF outflow worries

Bullish traders are opening new long positions to defend Bitcoin's support near $70,000, evidenced by stable open interest and...

UK Sanctions HTX-Linked Entity for Russia Financial Services

The UK sanctioned Panamanian entity Huobi Global S.A. for allegedly providing financial services to firms tied to Russia.HTX claims...