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You Searched For "Facebook digital currency" and got 20 results


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4 mins read

Libra promises to become a global payment system by 2020 but there’s a gaping hole in their plan

Promising to revolutionise the way the world uses money, the initial hype is understandable but …

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2 mins read

SoFi soars after it get approval to become a bank – but the green light comes with the condition that it can't do any business in crypto

The regulatory approval came with a caveat: SoFi cannot engage in any activity related to crypto un…

Isabelle Lee   


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2 mins read

Facebook's digital token Libra to launch as soon as January in an even more slimmed-down version, report says

The Libra Association, which manages Facebook's cryptocurrency project, plans to launch a single co…

Shalini Nagarajan   


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5 mins read

It's absurd that we're even entertaining Facebook's Libra currency idea

In June Facebook announced that it - along with companies like Spotify and Visa - would create a co…

Linette Lopez   


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1 min read

CRYPTO INSIDER: Digital currencies fall - but not as much as stocks

Cryptocurrencies are down slightly on Friday, but largely faring better than stocks as markets cont…

Graham Rapier   


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5 mins read

What is Yubo, the app the Uvalde school shooter used to meet strangers before his killings?

The 18-year-old gunman met several people on the social-media app, including a 15-year-old girl who…

Connor Perrett   


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3 mins read

How to sell items on Facebook Marketplace, plus key tips for selling successfully

Facebook Marketplace is a free option to sell your stuff online - unless you sell as a shop.

Devon Delfino   


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2 mins read

Facebook is making it easier for crypto firms to run ads on its platform in a reversal of previous policies

The move is the latest update to the company's crypto policies, which have oscillated as the sector…

Isabelle Lee   


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3 mins read

You could soon use digital currency to bet on Elon Musk and Jeff Bezos

Estonia-based DX.Exchange, a digital currency trading venue launching January 7, hopes to soon begi…

Dan DeFrancesco   


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2 mins read

Facebook parent Meta soars 16% after Q1 results show user growth recovery, and Mark Zuckerberg reins in metaverse spending

Meta CEO Mark Zuckerberg said he's slowing the pace of the Facebook parent's investment in new proj…

Shalini Nagarajan   


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1 min read

Meta is working on virtual coins for its apps that employees have nicknamed 'Zuck Bucks', a report says

The virtual currency is unlikely to be a cryptocurrency but will rather be in the form of in-app to…

Urooba Jamal   


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4 mins read

Facebook pumping $50 million into its metaverse project is another sign that Zuckerberg doesn’t want to miss the crypto bus

The company has said that the metaverse will exist even if Facebook doesn’t and that’s basic…

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3 mins read

The Federal Reserve is looking into developing a digital currency in the US, Powell confirms Holly LaFon 11:27 AM got gina

Federal Reserve Chairman Jerome Powell speaks Monday, Oct. 7, 2019, in Salt Lake City, before the p…

Gina Heeb   


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2 mins read

Mark Zuckerberg's controversial crypto project Diem is looking to repay investors by selling its assets, report says

Diem is in talks with investment banks about how best to sell its intellectual property and cash ou…

Shalini Nagarajan   


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2 mins read

The Winklevoss twins said buying Bitcoin is the 'trade of the century' and predicted a 30x return in a recent interview. Here are the 9 best quotes

"When you realize that money is the greatest social network of all, Bitcoin is maybe the greatest s…

Theron Mohamed   


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1 min read

Mark Zuckerberg has cashed in more than $1 billion in Facebook stock so far this year - roughly double his sales for all of 2020

Mark Zuckerberg has sold over $1 billion of Facebook this year amid a 12% jump in share price. The …

Will Daniel   


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3 mins read

Jack Dorsey’s annual unfollowing spree includes Marc Andreessen, Brian Armstrong and Tyler Winklewoss — and this year, it’s about Web3

Other people that were unfollowed include FraxFinance’s Sam Kazemian, technology reporter Sam Bidd…

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3 mins read

The metaverse is a massive opportunity for crypto that calls for new platforms and tokens, Bank of America strategist says

"We're going to start using cryptocurrencies as currencies" in the metaverse, BofA's Haim Israel pr…

Harry Robertson   


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4 mins read

Facebook CEO Mark Zuckerberg is trying to drum up support for the firm's wild new currency by amping up worries of China's financial dominance

"But I also hope we can talk about the risks of not innovating. While we debate these issues, the r…

Charlie Wood