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Facebook rebrands Calibra to Novi as the digital wallet for Libra cryptocurrency

Facebook rebrands Calibra to Novi as the digital wallet for Libra cryptocurrency

Facebook decided to rebrand and rename the initial Calibra cryptocurrency wallet as the now new Novi cryptocurrency wallet. According to Facebook, the name Novi was inspired by the Latin words “novus” for “new” and “via” for “way.” according to the press release issued by the company on May 26th, 2020. Libra, as of the date …

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Retail Giant Files Patent for Stablecoin Similar to That of Facebook

Contents ‘Walmart Coin’ vs Libra, find ten differences ‘Walmart Coin’ to replace payments for shopping The filing for the patent to the US Patent Office is dated August 1 and the coin is described as a token pegged to a regular fiat currency. In the crypto sphere this is widely known as a stablecoin. …

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CZ Binance Hopes to Set up New Office in London Soon, Libra to Be Listed After Facebook Launches It

Contents London office – coming soon Is Binance taking part in the Libra Project? The head of Binance, Changpeng Zhao, has spoken to CoinDesk, breaking several pieces of news: regarding its new office, Brexit and the participation of Binance in the Libra project. London office – coming soon CZ shared his plans on …

CZ Binance Hopes to Set up New Office in London Soon, Libra to Be
Listed After Facebook Launches It
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EOS Voice, the 'Facebook Killer', to be Unleashed on 14 February 2020

The new EOS-based social network Voice in its beta version will start on 14 February 2020 and is set to reward users with its token, thus bringing the desired freedom of speech and ad-hoc monetization that lacks in other social networks. Presented by Creators of EOS, Voice will Not Manipulate Data Particularly, using the blockchain …

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Facebook (FB) Is the ‘Most Deceptive’ FAANG Stock; What’s Mark Zuckerberg Really Hiding?

Natural Language Processing data shows that Facebook has been the least forthcoming this earnings season. Facebook management’s use of deceptive language has skyrocketed over the past quarter. The data suggests the firm either doesn’t know or doesn’t want to talk about some aspects of its business. The FAANGs – Facebook (NASDAQ:FB), Apple (NASDAQ:AAPL), Amazon (NASDAQ:AMZN), …

Facebook (FB) Is the ‘Most Deceptive’ FAANG Stock; What’s Mark
Zuckerberg Really Hiding?
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PayPal Abandons Libra, May Indicate Larger Plans For The Payment Processor

PayPal has announced that it will withdraw from the Libra Association, which is yet another blow to Facebook’s planned digital currency. Whereas it is no secret that politicians and financial regulators are highly skeptical of Libra, this move is the first indication of a rift among the platform’s partners. It also underscores the challenge legacy …

PayPal Abandons Libra, May Indicate Larger Plans For The Payment
Processor
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Facebook would leave Libra if US regulators don’t approve the project

Mark Zuckerberg said Facebook is willing to quit the Libra Association if it doesn’t see the project fully approved by U.S. regulators.  The Facebook CEO testified this morning before a U.S. House committee to address lawmaker concerns around how the social network’s planned cryptocurrency, Libra, could impact U.S. financial services and housing sectors. With Facebook’s …

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Booking.com Decides to Leave Facebook's Libra Project before Official Launch

Despite its promising start, given the large number of companies that expressed interest in joining the project, Facebook’s Libra project is currently dealing with several challenges. This Monday, Facebook officially launched the cryptocurrency alliance, yet only 21 out of the 28 original backers participated. Backers no longer have Libra’s back According to recent reports, several …

Booking.com Decides to Leave Facebook's Libra Project before Official
Launch
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Bitcoin Critic Jamie Dimon Expects Facebook’s Crypto Project to Vanish, Says JP Morgan Coin Is ‘Really Stable’

JP Morgan’s Jamie Dimon, the chief executive officer of the largest bank in the US, thinks Libra will never happen. Despite Facebook’s steady efforts to get its controversial digital asset Libra off the ground, Dimon calls it a moot point. Speaking on a panel in Washington, D.C. hosted by the Institute of International Finance on …

Bitcoin Critic Jamie Dimon Expects Facebook’s Crypto Project to Vanish,
Says JP Morgan Coin Is ‘Really Stable’
Read More »