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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 …
1 min read
Facebook has confirmed that Libra isn’t coming to India as government shies away from ‘private’ cryptocurrencies
Facebook has confirmed that its new cryptocurrency, Libra, won’t be making its way to India. The so…
2 mins read
Facebook's Calibra is seeking two high-level marketers to launch an advertising blitz, even as its move into financial services faces growing criticism
Libra has had a tough start. Major partners like Visa, PayPal, Mastercard and Stripe have pulled ou…
Lauren Johnson
2 mins read
Facebook selects Coinbase as custody partner for its Novi cryptocurrency wallet
Coinbase will be supporting Novi by keeping funds secure when users sign up for the pilot, which is…
Isabelle Lee
4 mins read
Facebook is hiring senior execs for its digital wallet Novi and its partnership with Jio
The number of job openings at Facebook that used to pop up were down by nearly 50% at the end of…
1 min read
Two of Facebook's senior crypto engineers have left to join venture fund Andreessen Horowitz
Nassim Eddequiouaq and Riyaz Faizullabhoy, who worked on Facebook's Novi digital wallet, will consu…
Camomile Shumba
1 min read
Facebook renames digital wallet for Libra crypto as Novi
San Francisco, May 26 (IANS) Facebook on Tuesday said that it has changed the name and brand of its…
5 mins read
The head of Facebook's controversial new cryptocurrency project explains why you don't need to trust Facebook for it to work
The association will undoubtedly have to combat heavy skepticism from regulators moving forward. Ch…
Lisa Eadicicco
5 mins read
Libra is Facebook's plan to bring cryptocurrency to the masses - but I don't trust Facebook enough to use it
In fact, if you visit the newly-minted website Libra.org, you won't find a single mention of the wo…
Dave Smith
1 min read
Facebook's Libra faces obstacles in one of its biggest markets, because Indian regulators want to jail those who trade in cryptocurrency
Facebook has announced its new product Calibra, a digital wallet which will be powered by its own c…
4 mins read
Facebook's cryptocurrency plans hit a bipartisan wall of suspicion from US lawmakers: Why should anyone trust Facebook?
"If we don't lead in the space others will," Marcus said in response to questions from Republican T…
Rob Price
3 mins read
Facebook is scaling back its digital currency project Libra as it tries to win regulatory approval
Do you work at Facebook? Contact Business Insider reporter Rob Price via encrypted messaging app Si…
Reuters,Rob Price
3 mins read
Facebook exec acknowledges some people won't be 'comfortable' using a financial product built by Facebook but says Mark Zuckerberg isn't giving up yet - even if it takes decades
Calibra is Facebook's digital wallet that will work with Messenger and WhatsApp to allow people to …
Julie Bort
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
5 mins read
Here's what Facebook's new cryptocurrency Libra will look like and how it will work
TechCrunch's Josh Constine writes that users will need to provide additional verification details, …
Isobel Asher Hamilton,Isobel Asher Hamilton
2 mins read
'This doesn't sound right': Mastercard's CEO ditched Facebook's Libra after multiple red flags
Ajay Banga signed up Mastercard to support Facebook's digital currency and network, but dropped out…
Theron Mohamed
5 mins read
'Get s--- done': Sources describe Facebook crypto exec David Marcus as visionary and ruthlessly focused
The executive is obsessive about how products look and work, and that focus could bode well for the…
Rob Price
2 mins read
Facebook said its Libra cryptocurrency will be regulated by Swiss authorities - but that was news to those Swiss authorities
"Until today we have not been contacted by the promoters of Libra," Hugo Wyler, the FDPIC head of c…