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.

Analysis
Besides securing approval from Swiss regulators, Diem seems likely to face opposition from government regulators in many countries.
Many pieces of the Diem puzzle still missing as launch gets delayed
Osato Avan-Nomayo
2021-02-26T15:04:00+00:00
11990
Sponsored
A French project says it is creating a “paradigm shift” in the security of our personal information through the launch of cutting-edge decentralized identifiers...
The internet of trust: Why secure digital identities are crucial to Web 3.0
Connor Sephton
2021-02-26T09:41:00+00:00
6202
News
Meme master ‘Cheezburger’ is releasing a series of NFTs based on his website’s famous captioned ‘lolcat’ photos.
Meme pioneer launches NFT lolcats on OpenSea
Cyrus McNally
2021-02-25T06:08:42+00:00
13661
News
Fireblocks and First Digital Asset Group have developed a seamless connection to Diem, allowing financial institutions to access the emerging payment network. T...
Diem gets closer to launch as Fireblocks and First introduce new payment infrastructure
Sam Bourgi
2021-02-16T15:25:17+00:00
14117
News
Tesla’s stock fell 7% following its announcement that it invested $1.5 billion of its cash reserves in the cryptocurrency.
$50B wiped from Tesla after BTC buy — but MasterCard and Twitter surge
Joshua Mapperson
2021-02-12T03:02:17+00:00
39761
Newsletter
Lawmakers are prepping new tools to pursue tech firms accused of anti-competitive business practices.
Law Decoded: New dawn or bad moon rising for trust-busting in tech, Jan. 29–Feb. 5
Kollen Post
2021-02-05T21:42:21+00:00
18365
News
The era of tech giants buying up their up-and-coming competitors will be over if these senators get their way.
New antitrust legislation aims to put an end to tech monopolies in the US
Kollen Post
2021-02-04T16:36:46+00:00
11424
News
An IPO is reportedly off the cards for now as Robinhood continues to deal with the fallout from the GameStop saga, and the resultant plunge in public confidence...
Robinhood reportedly shelves IPO plans in wake of GameStop PR disaster
Greg Thomson
2021-02-02T11:58:04+00:00
7001

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