• reinvent social media
    Technology

    Yet another blockchain-based project vows to reinvent social media

    Charter’s intentions are laudable, but projects like it have a problem: despite Facebook’s shortcomings, its 2.6 billion users make it hard to leave without losing touch with many people they know

    Saying “corporate social media has failed us” the not-for-profit social enterprise Blockchain Commons, along with the decentralized reputation platform Bitmark, have unveiled plans to develop a new social media architecture for the public.

  • Unstoppable decentralized blogs
    Politics,  Technology,  United States

    Will decentralized blogs make freedom of speech Unstoppable?

    As endless rows over censorship bubble up, Unstoppable Domains hopes decentralized blogs will be spared questionable moderation decisions

    Some are concerned at how big decisions about what’s acceptable speech are falling into the hands of tech giants. Blockchain-based domain name provider Unstoppable Domains is taking another approach: allowing the owners of .crypto sites to launch their very own decentralized blogs.

  • Facebook ditches Calibra name
    Cryptocurrencies,  Politics

    Facebook ditches Calibra name and renames crypto wallet ‘Novi’

    Facebook’s Libra frontman and Calibra CEO David Marcus says the change is designed to alleviate ‘confusion.’ Conveniently, it will also help distance Libra from Facebook, whose poor reputation is an anchor around the neck of the stablecoin

    First, the Libra Association underwent a radical overhaul in an attempt to make Facebook’s controversial stablecoin project more palatable to investors. Now, the embattled social network’s cryptocurrency wallet, Calibra, is getting a new name, too.

  • Levey to lead Libra
    Cryptocurrencies,  People,  Politics

    Stuart Levey to lead Libra Association, comfort critics

    A top HSBC executive and Treasury Department official in charge of financial crimes and sanctions, a big part of the new CEO’s role is to reassure central bankers, regulators, and elected officials

    By hiring Stuart Levey the Facebook-founded Libra Association is announcing that compliance—with central bankers, financial regulators, tax authorities, and criminal and intelligence investigators—will be a prime driver as it moves forward.