Bloomberg calls Bitcoin a bubble yet again, and Facebook is seemingly looking for $1 billion from VC firms for its stablecoin.
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
by Helen Partz
Venture capitalist Tim Draper plans to meet with Facebook to talk about investing in the firm’s much rumored crypto project.
- Analysis
Facebook and Telegram’s launch of coins will be more of a game changer for social media and banking than for crypto.
- News
by Aaron Wood
Facebook is reportedly seeking venture capital to support its purported native token project.
- News
by Ana Berman
Facebook HQ in Menlo Park announces five new positions for its blockchain team, including technical ones.
- News
by Helen Partz
PwC France’s Pauline Adam Kalfon says central banks should stay away from crypto until it is “battle-tested” by corporations.
- News
The successful candidate will advise on partnership deals and overseas product expansion, as well as risk strategy.
- Sponsored
A Japanese company has launched a ERC-20-compliant stablecoin that is pegged to the U.S. dollar and supported by major Ethereum crypto wallets.
- News
Jeremy Allaire has said that stablecoins using open standards will prevail as the sector continues to see new market entrants.
- News
The Winklevoss twins say that crypto will ultimately usher in something greater than the social networking era.
- Sponsored
A German company says it combines the powers of IT and marketing to offer white-label products to blockchain companies – including exchanges.
- News
by Helen Partz
A Barclays analyst stated that a possible “Facebook Coin” could generate $19 billion in additional revenue by 2021.
- Hodler’s Digest
Facebook is getting serious about crypto, Samsung’s new smartphone will support more cryptos, and more in this Hodler’s Digest.
- News
According to the Times, five sources that claim to have been briefed with the project have confirmed Facebook’s progress on its crypto.
- News
Facebook CEO Mark Zuckerberg said that he is mulling the idea of blockchain-based authorization for user data.
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