Top reasons why Facebook’s Libra is Facing strong opposition

The unveiling of Facebook’s Libra currency has led to a lot of chatter among crypto enthusiasts, some of whom have vehemently refused to support it. Facebook has said that the crypto will enable users to make faster and cheaper international…

Circle CEO: Bitcoin price will Go Past $10,000 by June 21st

Circle CEO Jeremy Allaire believes that the price of Bitcoin will go north of $10,000 by June 21, which will mark the dawn of what he calls the “Crypto summer”. He points to Facebook’s Libra launch as the catalyst that…

Visa, Paypal, and Mastercard back Facebook’s Incoming Stablecoin

Social media giant Facebook’s stablecoin which has not even been officially launched yet, is attracting not only a lot of buzz in the crypto community, but also interest from commercial partners in the form of three major companies PayPal, MasterCard,…

Facebook could Double or Triple Crypto Users – Bloomberg

In an interview with popular financial and crypto publication Bloomberg, Blockchain capital partner Spencer Bogart claimed that the crypto endeavors of social media giant Facebook could lead to the doubling or even tripling of crypto users. Bogart expressed his opinion…

Is a Facebook blockchain move in the pipeline to protect users’ data?

Technology giants like Facebook and Google collect massive amount of user data. Users have no control over the destiny of this data. The data may be sold, or hacked. A Facebook blockchain move may be in the pipeline to protect users’ data, as a Mark Zuckerberg interview seems to indicate.

Facebook Quietly makes Chainspace its First Blockchain Acquisition

Popular social platform Facebook has reportedly made its first acquisition in the blockchain space. The social network reportedly quietly hired the team behind Blockchain startup, Chainspace. Chainspace is a blockchain startup that was set up by researchers from the University…