#Facebook

Libra continues to face heat, as EU antitrust investigates Facebook’s project

European Union authorities are looking into the possible effect of what Libra might have on market competition. Facebook has a vast user base, which gives them an advantage over its competition. According to a Bloomberg report, European...

Ripple CEO thinks Facebook has let people down

As reported by Yahoo News, Ripple CEO Brad Garlinghouse said that Facebook would face challenges to launch Libra because it has let the public down. He believes that the world of the digital asset is built on...

New names for Instagram and WhatApp: What is Facebook planning now?

The re-branding of Instagram and WhatsApp is going to happen soon. This re-branding is done by Facebook to give people a better idea of their ownership of the applications. The names they are planning to offer are...

UK says Bitcoin has no intrinsic value: A Warning before Ban?

Bitcoin and cryptocurrencies have been making it to the news now and then, and in the last week, they were again in the limelight because of Facebook's plan of launching their platform of digital currency. This launch...

Battle with NYAG: A tough time for Tether and Bitfinex

In April, a legal battle started between the New York Attorney General's(NYAG) office and cryptocurrency exchange Bitfinex and stablecoin issuer Tether. The reason for this battle is the investigation brought by NYAG on Bitfinex that it has...

Facebook VP meets Israel Regulators on Regulation of Libra

Tom Barel, one of the founders of Facebook's digital currency Libra and VP of Calibra, met the inter-ministerial team on decentralized virtual currencies in Israel. Representatives of the Bank of Israel, the Ministry of Finance, the Ministry...

Pro Crypto and Anti Crypto Congressmen

On Tuesday, 30th July, US senate will conduct an open session hearing on regulatory frameworks for cryptocurrencies and Blockchain." Just a week ago senate held a two-day-long hearing about Facebook's cryptocurrency Libra. Congressmen asked some serious questions about how...

Will Libra learn from Facebook’s $5 Billion blunder?

On Wednesday, The Federal Trade Commission (FTC) announced a 5 billion dollar penalty on Facebook over privacy breach and mishandling data of many users. The amount of fine is unprecedented in the history of FTC. This is not the...

US Attorney General William Barr wants backdoor access for encrypted communication to fight crime

While speaking in New York today, William Barr demanded backdoor access for cops and FBI to all encrypted messages. He added people should accept the risk that encryption backdoor poses to their personal security.In his speech at International Conference...

Controversies surrounding Facebook’s Libra cryptocurrency

Since Facebook has announced to launch its cryptocurrency Libra, the social media platform has been under scrutiny by regulators and governments from all around the world. On 16th July, Facebook executive, David Marcus, appeared in front of US Congress...

Latest News

US security forces blacklist Crypto Wallet Addresses of three Chinese drug traffickers

The Financial Crimes Enforcement Network (FinCEN) and Office of Foreign Assets Control (OFAC) today announced coordinated actions...