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Facebook’s ‘Metaverse’ Plans Meet Optimism and Scorn from Crypto Fans

July 23, 2021

The Facebook founder Mark Zuckerberg has gone public with his ambitions to transform his social media giant into a “metaverse company,” a move that could potentially have an impact on the firm’s Diem stableco...

Will Facebook’s Mark Zuckerberg Kill or Save Bitcoin (The Goat)?

May 11, 2021

Perhaps tired of the likes of Elon Musk and Mark Cuban dominating the crypto press, Facebook supremo Mark Zuckerberg has emerged from the shadows with a headline-grabbing move of his own – naming his new pet ...

Facebook Is Expected to Pilot Launch Diem in 2021

April 20, 2021

Facebook and its digital currency partners are expected to launch Diem, formerly known as Libra, for a small-scale pilot run later this year, according to a CNBC report on Tuesday. The anonymous source of th...

Top Exec Say Facebook Hopes To Introduce Its Crypto And Wallet In 2021

December 8, 2020

Top exec say Facebook hopes to introduce its crypto and wallet in 2021. A top executive at Facebook Financial said that global regulators should give Facebook-backed cryptocurrency Diem "the benefit of doubt"...

Facebook Hit With Lawsuit Threats Over Libra Rebrand Plan

December 8, 2020

Facebook hit with lawsuit threats over Libra rebrand plan.Facebook has been hit by threats of legal action as a result of its decision to rebrand the Libra stablecoin project as 'Diem' from the same name fina...

Facebook Gets Legal Threat for Renaming Libra to Diem

December 8, 2020

Facebook’s aim to launch a digital currency is looking at another roadblock as UK fintech Diem is considering to take the social media giant and its crypto partners to court over the recent rebranding of the ...

Facebook’s Libra Allegedly Launching In January 2021 As USD Stablecoin

November 27, 2020

Facebook's Libra allegedly launching in January 2021 as USD stable coin. After over a year of examination by global financial regulators, Libra is said to be launching a US dollar-backed digital currency, the...

Facebook Plans to Launch Libra in January 2021

November 27, 2020

Facebook is reportedly planning to launch its ambitious project Libra as early as January 2021. The digital currency will be launched in a limited format than originally anticipated. According to a report by...

Libra Hires Former UBS Executive Saumya Bhavsar

November 26, 2020

Facebook-led Libra Association announced on Wednesday the hiring of Saumya Bhavsar as the General Counsel of Libra Networks, the payment system subsidiary of the blockchain consortium. Though the development...

KSA And Facebook Partners To Fight Illegal Lotteries

November 16, 2020

KSA and Facebook partners to fight illegal lotteries. Dutch gambling regulator Kansspelautoriteit (KSA) has partnered with Facebook to fight illegal online lotteries. The illegal activities, known as dipping...