1Confirmation
Examining Facebook’s Claim Its Crypto Is for the Unbanked
The excitement about Libra is premature. Maybe Zuck’s got more to share, but right now there’s very little information, and Libra has a lot to prove.
The excitement about Libra is premature. Maybe Zuck’s got more to share, but right now there’s very little information, and Libra has a lot to prove.
At 18:00 UTC on June 20, the world’s largest cryptocurrency by market capitalization broke from a bullish triangle pattern on the daily chart, after being held beneath $9,348 for an extended period of time.
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The company has expanded to 250 locations in 25 states.
Facebook reportedly has not filed an application with the RBI, which seeks to ban cryptocurrencies.
The new mainstream-friendly mobile wallet from Lightning Labs saw 2,000 downloads on Day 1. Next up for the company: merchant services.
A court document filed on May 8 details Craig Wright’s bitcoin holdings prior to Dec. 31, 2013.
Appearing on CNBC Thursday, the chair of the U.S. House Financial Services Committee doubled down on her calls for Facebook to halt Libra development.
‘Big Four’ firm PwC has launched a new tool for auditing cryptocurrency transaction data.