• Facebook seeks to MySpace Bitcoin. What, too soon? (Composite image by Modern Consensus.)
    Libra

    Facebook’s Libra seeks to MySpace Bitcoin

    The social media giant’s new stablecoin will harness its 2.7 billion users to bring the new cryptocurrency mainstream

    Facebook wants to do to Bitcoin—and maybe even the dollar, euro, and yen—what it did to MySpace and Friendster by launching a new cryptocurrency called libra, announced on Tuesday after months of anticipation and speculation.

  • Charts
    Cryptocurrencies

    CryptoCompare starts ranking good, bad, and ugly exchanges

    Top 10 cryptocurrency exchanges announced after grading after the data and indices provider studied more than 100 trading platforms worldwide

    Calling the cryptocurrency trading business ripe with fraud and manipulation, cryptocurrency data and indices provider CryptoCompare has begun rating the reliability of exchanges.

  • Brad Stephens in the Blockchain Capital office in San Francisco (photo by Martine Paris).
    Innovators

    INTERVIEW: Blockchain Capital’s origin story is steeped in gaming lore

    Martine Paris interviews Brad Stephens about everything from video game currencies to Facebook’s GlobalCoin

    When the sons of legendary investment banker Paul Stephens met Mighty Ducks star Brock Pierce, they were avid World of Warcraft gamers and he was amassing an empire of digital goods exchanges where players could buy, sell, and trade valuable in-game items and virtual currency. Together they would go on to form Blockchain Capital, the first venture capital firm to fund the blockchain ecosystem.