Social media giant Facebook has launched the whitepaper of its own cryptocurrency i.e on June 18, 2019. While crypto Twitter is excitedly waiting for the specification of Facebook’s cryptocurrency in its whitepaper, famous economist Nouriel Roubini says it is nothing but a monopoly scam. GlobalCoin is a Monopoly Scam, Statement Ahead of Whitepaper’s Launch Nouriel
Social media giant Facebook has launched the whitepaper of its own cryptocurrency i.e on June 18, 2019. While crypto Twitter is excitedly waiting for the specification of Facebook’s cryptocurrency in its whitepaper, famous economist Nouriel Roubini says it is nothing but a monopoly scam. GlobalCoin is a Monopoly Scam, Statement Ahead of Whitepaper’s Launch Nouriel
Project Libra, the cryptocurrency initiative of Facebook has also led to the formation of an Association to facilitate the decentralization of the cryptocurrency. These are called nodes or validators; the validators are made to pay a hefty fee and promised returns on it. Moreover, it works on distributed consensus, i.e., numerous validators working on a
Project Libra, the cryptocurrency initiative of Facebook has also led to the formation of an Association to facilitate the decentralization of the cryptocurrency. These are called nodes or validators; the validators are made to pay a hefty fee and promised returns on it. Moreover, it works on distributed consensus, i.e., numerous validators working on a
If one goes on to study the Innovations that have transpired out an of various tech giants over the last decade, Facebook definitely would site in the top quartile of the list. Not so long ago the worlds most widely used social network was just a Harvard student’s dorm room hack. And the journey that
If one goes on to study the Innovations that have transpired out an of various tech giants over the last decade, Facebook definitely would site in the top quartile of the list. Not so long ago the worlds most widely used social network was just a Harvard student’s dorm room hack. And the journey that
Facebook’s cryptocurrency comes at a time when the blockchain has potentially become the backbone of the FinTech industry. Post the invention of Bitcoin; there have been numerous things built on the blockchain. Nevertheless, the most important of them all is its ability to store and send value. Earlier in 2008, Bitcoin was built as a
Facebook’s cryptocurrency comes at a time when the blockchain has potentially become the backbone of the FinTech industry. Post the invention of Bitcoin; there have been numerous things built on the blockchain. Nevertheless, the most important of them all is its ability to store and send value. Earlier in 2008, Bitcoin was built as a
Reportedly, Facebook will finally make a declaration on its secretive cryptocurrency project with a Whitepaper launch on 18th June 2018. Laura McCracken, Head of Financial Services & Payment Partnerships Northern Europe at Facebook confirmed with the WirtschaftsWoche at a conference in Amsterdam, “The publication of the Facebook Coin whitepaper is scheduled for June 18th.” McCracken also talked
Reportedly, Facebook will finally make a declaration on its secretive cryptocurrency project with a Whitepaper launch on 18th June 2018. Laura McCracken, Head of Financial Services & Payment Partnerships Northern Europe at Facebook confirmed with the WirtschaftsWoche at a conference in Amsterdam, “The publication of the Facebook Coin whitepaper is scheduled for June 18th.” McCracken also talked
The U.S-China trade war may have been devastating to both countries but for crypto, it has been a positive development. The influence of the war on crypto is far from over as crypto analysts Ben Swann and Rocky Miller of Bitsian say Chinese investors are moving a large chunk of their money from the Chinese Yuan
The U.S-China trade war may have been devastating to both countries but for crypto, it has been a positive development. The influence of the war on crypto is far from over as crypto analysts Ben Swann and Rocky Miller of Bitsian say Chinese investors are moving a large chunk of their money from the Chinese Yuan
Facebook’s own currency,‘Globalcoin’ is trending on Google trend as the social media giant took yet another step to launch its coin in compliance with regulatory frameworks. Reports revealed that Facebook is in talks with US regulator over its Global coin digital currency. Facebook Assessing GlobalCoin’s Future The Commodity Futures Trading Commission (CFTC), a U.S. derivative
Facebook’s own currency,‘Globalcoin’ is trending on Google trend as the social media giant took yet another step to launch its coin in compliance with regulatory frameworks. Reports revealed that Facebook is in talks with US regulator over its Global coin digital currency. Facebook Assessing GlobalCoin’s Future The Commodity Futures Trading Commission (CFTC), a U.S. derivative
Bitcoin [BTC]’s dominance over the cryptocurrency markets cannot be ignored. Moreover, the price movements on Bitcoin [BTC] controls the sentiments of the entire market. Nevertheless, there are a plethora of cryptocurrencies in the market with Facebook’s ‘Globalcoin’ reportedly, lining up for next year well. Mike Novogratz, a Bitcoin ‘permabul’ and investor, feels that Facebook’s cryptocurrency
Bitcoin [BTC]’s dominance over the cryptocurrency markets cannot be ignored. Moreover, the price movements on Bitcoin [BTC] controls the sentiments of the entire market. Nevertheless, there are a plethora of cryptocurrencies in the market with Facebook’s ‘Globalcoin’ reportedly, lining up for next year well. Mike Novogratz, a Bitcoin ‘permabul’ and investor, feels that Facebook’s cryptocurrency
Facebook’s cryptocurrency endeavor, Project Libra is in full throttle as the Social Media is reaching out to industry leaders in cryptocurrency. Co-incidently, one of them is owned by Mark Zuckerberg’s arch-rivals: the Winklevoss Twins. Reportedly, Facebook executives have approached Gemini and Coinbase Exchange to list its cryptocurrency on their platform. Ben Mezrich, the author two
Facebook’s cryptocurrency endeavor, Project Libra is in full throttle as the Social Media is reaching out to industry leaders in cryptocurrency. Co-incidently, one of them is owned by Mark Zuckerberg’s arch-rivals: the Winklevoss Twins. Reportedly, Facebook executives have approached Gemini and Coinbase Exchange to list its cryptocurrency on their platform. Ben Mezrich, the author two
Facebook has been actively working on its new venture, which it says, will ‘compete with banks.’ The secretive cryptocurrency endeavor was earlier taking shape through hiring drive for the team. Recently, it was formally inducted as a subsidiary in Switzerland under ‘Project Libra‘ on 17th May 2019. Reportedly, Facebook is planning to launch its cryptocurrency
Facebook has been actively working on its new venture, which it says, will ‘compete with banks.’ The secretive cryptocurrency endeavor was earlier taking shape through hiring drive for the team. Recently, it was formally inducted as a subsidiary in Switzerland under ‘Project Libra‘ on 17th May 2019. Reportedly, Facebook is planning to launch its cryptocurrency
