25May/19

ZCash Developer Thinks Facebook Cryptocurrency Project is “Awesome”

Zcash developer Zooko Wilcox, who has previously opined that cryptocurrencies can be used to evade taxes, posted an “unpopular opinion” to Twitter today: Facebook’s crypto project is “awesome.” Facebook Coin: “Awesome”? UnpopularRead More…

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24May/19

Facebook in Talks With Coinbase, Winklevoss’ Gemini to Launch Its Globalcoin

Social media giant Facebook has reportedly held talks with major United States-based crypto exchanges about the issuance of its own crypto, the Financial Times (FT) reports on May 24. Citing two peopleRead More…

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24May/19

Facebook’s Shady Bitcoin Killer Crypto ‘GlobalCoin’ is Coming 2020

Facebook’s cryptocurrency ambitions could translate into reality as soon as next year. The BBC reports that the social media behemoth is on track to start testing its bitcoin rival – known internallyRead More…

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23May/19

Zuckbucks or Bust: How SEC Rulemaking Hurts Startup Cryptos and Favors Big Tech

SEC guidance has created a more attractive environment for regulated tech firms like Facebook to offer proprietary cryptoassets integrated into their existing products that can be legally traded on existing crypto-exchanges asRead More…

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20May/19

Latest Hack Sparks Concern Whether Whatsapp Will Ever Be Secure

Facebook’s popular messaging app with 1.5 billion users in over 180 countries has another major vulnerability. Hackers were able to covertly install spyware on iOS and Android smartphones using Whatsapp with justRead More…

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20May/19

Facebook Unexpectedly Plants Its Flag in Crypto-Friendly Switzerland

Facebook has reportedly set up a fintech company dubbed Libra Networks in Switzerland. The move clearly correlates with the social media giant’s Project Libra. According to Reuters, the focus of the fintechRead More…

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14May/19

Facebook Hires Two of Coinbase’s Former Compliance Managers

Facebook hired two Coinbase veterans to work in compliance this month, and at least one of them is involved with the social media giant’s blockchain effort. Jeff Cartwright left Coinbase in MarchRead More…

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