• Vodafone says Africa is calling. Gonna focus on M-Pesa instead of Libra. (via iStock)
    Cryptocurrencies,  Libra

    Vodafone quits Libra Association

    The British telecom giant has become the eighth big company to withdraw from Facebook’s troubled cryptocurrency project

    Vodafone has withdrawn from the Libra Association, the independent governing council for Facebook’s global cryptocurrency project. The British telecom giant said that it wants to switch gears and put the resources it originally intended for Libra into its African mobile money transfer service M-Pesa. 

  • Google monetizing yet another pair of eyeballs (photo by Gerd Altmann via Pixabay).
    Libra,  Technology

    Facebook, Google want to be your banker

    In separate announcements, Facebook unveiled a non-blockchain payments tool that could compete with Libra, and Google said it will offer consumer checking accounts

    The tech giants that already know everything about you, and now they want to be your banker, too. What could possibly go wrong?

  • 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.