Category: Facebook

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Viral Tech: London Blockchain Week Spreads Into Day Two Despite Coronavirus Scare

Coronavirus anxiety continues to overshadow second day of London Blockchain Week. The second day of Fintech Worldwide’s Blockchain Summit kicked off to unusually glorious sunshine. But you’d be hard pressed to notice that in the venue because there was no natural light filtering through to the handful of attendees that braved the ongoing coronavirus scare.…
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How Blockchain Technology and Metadata Shredding Can Usher in a New Era

Blockchain tech as the privacy keeper: How the distribution of metadata will help you to maintain privacy. It has been nearly seven years since Edward Snowden blew the whistle on highly classified global surveillance programs, inciting a national conversation about privacy in the digital age. One of these revelations was that the NSA had access…
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The US Dollar Could Fall Out of Favor If It Doesn’t Go Digital, ING Economist Says

CBDC’s and currencies such as Facebook’s Libra could force the U.S. to adapt to save its spot as the world’s leading currency, ING economist Carlo Cocuzzo explained. As multiple countries and entities weigh the validity of a central bank digital currency the physical United States dollar still sits in a place of dominance — but…
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Facebook Changing Course on Libra, Offering More Inclusive Wallet

Facebook is scaling back its plan to release a new digital currency which could have potentially thrown global markets into chaos. Facebook may be considering modifying its plan for the 2020 release of the cryptocurrency Libra.  When the social media giant introduced Libra last year, it did so claiming the cryptocurrency would be a simple…
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Crypto Prime Broker Tagomi To Join Libra Association

Crypto Prime Broker Tagomi joins Libra Association Facebook-backed Libra stablecoin. Tagomi, a crypto prime broker headquartered in New York, will join the Libra Association, the governing body for the Facebook-led stablecoin. Tagomi was founded by Jennifer Campbell in 2018, a former associate at Union Square Ventures. Tagomi will become the Libra Association’s 22nd member. Members…
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Janet Jackson’s Billionaire Ex Sues Facebook Over Bogus Crypto Ads

Janet Jackson’s ex-husband, the Qatari billionaire Wissam Al Mana, is suing Facebook after a crypto scam used his image to promote itself in the Middle East without his permission. Janet Jackson’s ex-husband, the Qatari billionaire Wissam Al Mana, is suing Facebook after a crypto scam used his image to promote itself in the Middle East…
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Calibra Technical Lead Tells Why Facebook Built New Language for Libra

Digital lead for Calibra explains why Facebook has built a new programming language called Move to power the Libra blockchain. Digital lead for Calibra Ben Maurer gave a presentation on Facebook’s Move programming language at the Stanford Blockchain Conference on Feb. 19. Move was created by Facebook to provide a safe and programmable foundation for…
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Canadian E-Commerce Giant Shopify Joins Libra Association

E-commerce giant Shopify has joined the Libra Association, a network of founding members supporting Facebook’s stablecoin project, Libra. E-commerce giant Shopify has joined the Libra Association, a network of founding members supporting Facebook’s stablecoin project Libra. Shopify, a major Canada-based digital commerce platform hosting more than one million merchants, will be collaborating on the establishment…
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Brave Browser Wants the UK to Use GDPR to Crack Down on Google

Brave Browser wants the UK to Crack Down on Google Using GDPR or will take it to court. The team behind Brave Browser thinks that Google has an unfair competitive advantage due to its massive trove of user data. In a submission filed with the United Kingdom’s consumer protection agency, Brave argued that the country’s…
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EU Securities Regulator Flags Risks of Big Tech’s Entry Into Financial Services

The EU’s financial regulator released a lengthy 2020 report, which includes the dangers of big tech companies entering finance. The European Union’s securities regulator has put out a report warning of risks of Big Tech’s entrance into finance.    “The high level of market concentration typically observed in BigTech may get carried into financial services, with…
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