• Martine Paris interviewing Facebook's Kevin Weil at SF Blockchain Week (via @GCODigital).
    Libra

    Full speed ahead for Calibra, says Facebook’s Kevin Weil | Interview

    Libra’s co-creator on scaling blockchain for financial inclusion

    It’s been a pretty intense month for the Libra Association, whose stablecoin has come under intense scrutiny from the U.S. Congress and the G7 over fears of destabilizing the global financial system when it launches next year.

  • The moment Facebook CEO Mark Zuckerberg was asked in a congressional hearing if he was a socialist.
    Libra

    Mark Zuckerberg gets Waters-boarded at House hearing on Facebook’s Libra

    While drawing praise and condemnation for the stablecoin project, the social media giant’s CEO waved the flag and attacked China

    Mark Zuckerberg is a proud American. And Facebook, despite being used by 2.7 billion people around the globe, is first and foremost an American company with American values.

  • Facebook's chief seems to be losing, for once. (Anthony Quintano via Wikimedia Commons)
    Libra

    Despite being called ‘global threat’, Libra Association launches

    A signing ceremony by the cryptocurrency’s members was overshadowed by dropouts and a report calling stablecoins a threat to the global economy

    Facebook’s wounded Libra Association formally voted itself into existence on October 14, electing a board and choosing officers. The ceremony was overshadowed by the loss of seven original members including Mastercard and Visa.

  • Facebook dislike Thumbs down (via Wikimedia Commons).
    Cryptocurrencies

    Facebook’s Libra cryptocurrency project is crumbling

    Visa, Mastercard, eBay, Stripe, and Mercado Pago withdrew on October 11, leaving the stablecoin on its knees

    Facebook’s Libra cryptocurrency plan began to collapse over the course of a few hours on the evening of Friday, October 11. Like dominoes toppling, many of its major partners began pulling out...

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