Bitcoin is reportedly producing as much carbon emissions as Kansas City, while Facebook gets some new backers for its crypto project.
Facebook News
Facebook is a company that owns one of the largest social networks with the same name. It was founded in 2004 by Mark Zuckerberg and his roommates during their studies at Harvard University. Initially, it was made as a website internal to the university, which then spread all around the world.
The company has expressed interest in investigating the uses of blockchain technology for Facebook Messenger by launching a new team for this task. However, in the beginning of 2018, it was announced that all advertisements related to cryptocurrency or any other suspicious financial product would be banned on the site in order to provide better security for Facebook users. In addition to this, the absence of legislation concerning the use of cryptocurrency deters Facebook from considering involving it in their payment system.
- Hodler’s Digest
- News
Social media giant Facebook will reportedly unveil the Libra Association governing its cryptocurrency project on June 18.
- News
Social media platform Facebook has reportedly secured support from dozens of players in the cryptocurrency and blockchain sector for its forthcoming digital cur...
- News
by Helen Partz
Global investment bank RBC Capital Markets expects Facebook to release white paper for its crypto project on June 18.
- News
Facebook hired Standard Chartered Bank’s head of public affairs Ed Bowles for its cryptocurrency project, dubbed “Libra.”
- News
Visa, Mastercard, PayPal, Uber and others have allegedly each invested around $10 million in the governance consortium.
- Analysis
Social media giant revealed to be rather close to creating its own crypto token.
- Hodler’s Digest
Tron CEO Justin Sun gets to lunch with Warren Buffett for $4.5 million, while Facebook’s coin may come out this month.
- Follow up
Dutch billionaire John De Mol is suing Facebook over fraudulent crypto ads.
- News
Several voices have earmarked a June 18 whitepaper launch date, as information slowly trickles through.
- News
by Thomas Simms
Igor Sechin, the head of Rosneft, believes that barrels of oil could one day be paid for using cryptocurrencies.
- News
by Aaron Wood
Facebook will reportedly announce its cryptocurrency project this month.
- News
Dutch billionaire John De Mol filed a lawsuit against Facebook over crypto ads using his image without permission.
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