The future is digital and bank-free, said Andreessen Horowitz general partner Katie Haun in a recent interview.
Libra is a global digital cryptocurrency created by the Facebook team and governed by Libra Association, independent, non-profit membership organization. The founding members of the association include Mastercard, PayPal, Visa, Booking Holdings, eBay, Facebook, Uber, Spotify, Vodafone, Coinbase, Xapo, and other well-known companies. Libra blockchain is using the Move programming language and the Byzantine Fault Tolerant (BFT) consensus. Each Libra unit will be provided with several currencies, bank deposits, and securities, which will form the Libra Reserve. This will provide low volatility. However, the token would not be tied with any fiat currency. Users will be able to send coins with Calibra wallet, as a single app or as a built-in extension in WhatsApp and Messenger.
Goldman Sachs attacks crypto, why Bitcoin may be wandering into a bull trap, and how Libra is going to make money.8323
Facebook’s ads business will get a bump due to Libra integration, Zuckerberg said at a shareholders meeting.10591
Facebook continues sprucing up for regulators.6159
Experts believe that Libra’s hiring spree signifies a willingness to comply with existing legal and financial guidelines.10425
Chinese Communist Party school publishes a new book on crypto.6810
The Libra Association has appointed former FinCEN and OFAC head Robert Werner as its chief lawyer.5945
‘The U.S. government will not let random startups’ challenge the dollar, says Dr. Waterhouse.11617
Top crypto industry and policy experts debated the privacy ramifications of state-issued virtual currencies during the first day of Consensus.6738
A man who enforced anti-money laundering under two U.S. presidents has been named the CEO of the Libra Association.9877
Facebook’s Calibra team introduces a new protocol for distributed auditing of assets that could have saved Mt. Gox.8815
Cypherium blockchain joins Microsoft for Startups program looks to explore new use cases with BaaS giant.2773
British payment startup Checkout.com has joined the Libra Association, becoming the 24th member committed to building a better global payment network.3691
Since white paper’s release in June 2019, Facebook’s Libra has continued to rely on blockchain architecture, vice chair Dante Disparte says.3860
Binance Research gives further rationale for referencing Facebook's Libra as the SpaceX of the payments world.5802