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US Senators Heavily Questioned Facebook Concerning Privacy, Trust Issues in Libra Hearing

During the currently taking place hearing session, between the Banking Committee of the US Senate and Facebook, regarding Libra, the senators came down on Facebook with questions about privacy and...

| Jul 19, 2019 02:57

Regulations for Libra Are for Regulators to Decide, not Lawmakers, UK Finance Minister Claimed

Philip Hammond – current Finance Minister of the UK – claimed that it is regulators, rather than lawmakers, are responsible for coming up with proper regulations for Facebook upcoming...

| Jul 18, 2019 03:31

Drafted “Keep Big Tech out of Finance” Bill Leaked Online Prior to Libra Hearing Session

A drafted version of the bill called “Keep Big Tech out of Finance” has recently been leaked onto the internet on July 12, and is rumoured to be put together by the U.S House of Representatives...

| Jul 16, 2019 03:40

“Shark” Mark Cuban said Facebook’s Libra Stablecoin “A Big Mistake”

Billionaire tech entrepreneur Mark Cuban has recently criticized the creation of Facebook’s Libra stablecoin by saying “I think it’s a big mistake.” Cuban, well-known by joining “Shark...

| Jul 14, 2019 02:33

Libra Can Solve More Financial Issues Than Perceived, Bank of England Governor Claimed

Mark Carney – the governor of the Bank of England – claimed that the general audience need to be more aware of the problems Facebook is trying to resolve, with its Libra project,...

| Jul 13, 2019 01:08

Broad Satisfaction for Regulatory Concerns Need Achieving, Fed Chair Claimed Regarding Libra

Federal Reserve Chair Jerome Powell said that Facebook has to achieve a high satisfaction rate, regarding its approach in dealing with regulatory concerns regarding its Libra project. During a hearing...

| Jul 12, 2019 04:42

A Crypto Custody Firm Secured $40 Mln in Series B Funding Round Led by Blockchain Capital and Visa

Anchorage – a US-based crypto custody services provider – has just secured $40 million after a Series B funding round. As announced on Wednesday July 10, in a funding round led by...

| Jul 12, 2019 03:26

“Libra Will Cooperate”, David Marcus Guaranteed with Congress

David Marcus – one of Facebook’ leaders that is in charge of project Calibra – has composed a letter for chairwoman Maxine Waters, and other officials of the House Financial Services...

| Jul 11, 2019 03:03

European Central Bank Official Urged Regulators to Take Fast Actions Regarding Facebook Libra

Benoit Coeure – a member of the executive board of European Central Bank – urged financial regulators need to take a proper course of action fast, to be ready for the arrival of...

| Jul 09, 2019 02:07

Crypto Scammers Stole Thousands from an Aussie Couple and Taunted Them for Their Losses

Scammers have recently stolen over AU$20,000 (US$14,000) by leading an Aussie couple to invest to a trading scheme, then even taunted the victims for being tricked. Specifically, Nick and Josie...

| Jul 07, 2019 03:24