Major global economists credit Facebook’s Libra with pushing the world to reconsider the U.S. dollar as the world’s anchor currency at WEF panel in Davos.
Libra News
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.
- News
- News
The former head of payments and settlements at the Bank of Japan says Facebook’s Libra galvanized central banks globally to look seriously into digital currency...
- News
Vodafone and Libra confirm that the British telecom giant will leave the Libra Association.
- News
The Australian Prudential Regulation Authority has proposed a regulatory framework that would have it oversee digital wallets, including Calibra.
- News
by Aaron Wood
The Libra Association has formed a five-member steering committee to guid the network’s technical development.
- Follow up
by Joseph Birch
The “Shitcoin Wallet” debacle shined a light on crypto security issues. Experts weigh in on how companies are caught in the balance.
- News
Facebook’s Calibra is in search for two marketing specialists as the company continues the development of its Libra stablecoin project.
- New Year Special
by Thomas Simms
Crypto Santa has done his rounds for Christmas after checking his naughty and nice list. But which crypto players got coal this year, and which got presents?
- New Year Special
Facebook’s Libra, Ethereum, QuadrigaCX, Tether and Bitfinex — Cointelegraph breaks down the biggest stories of 2019.
- News
U.S. Congress drafts legislation against big tech companies acting as financial entities and securities regulations, but will Facebook back down?
- New Year Special
Amid volatility and regulatory uncertainty, some projects and individuals came out on top in 2019 while others faltered.
- News
The basket of assets backing Facebook’s Libra stablecoin needs to change for the project to be accepted by regulators, according to Switzerland’s President.
- Hodler’s Digest
by Thomas Simms
A darknet marketplace is planning a $146 million ICO, QuadrigaCX victims want Gerald Cotten’s body exhumed, and Libra has quietly updated its white paper.
- Opinion
by Sean Kiernan
The world is inevitably becoming more and more digital, and Facebook’s digital currency dubbed Libra is a step toward this future.
- News
by Jack Martin
Libra white paper is quietly updated with amended Libra Association members and removal of dividends for early investors.
Editor’s Choice
- UK High Court Orders Freeze on $1M of Bitcoin in Ransomware Case
- Draft of India’s National DLT Strategy Calls for State-Run Digital Rupee
- BTC Price Back at $9,000 But No, Coronavirus Isn't 'Good for Bitcoin'
- Oil Giant Saudi Aramco Buys Into Blockchain Trading Platform Vakt
- Bitcoin Price Breaks Through Key Resistance as Traders Target $9.2K