Cryptocurrency

Cryptocurrency, News

Congerssional hearing, Congress, cryptocurrency, Facebook, Libra, US Senate

Facebook’s Calibra chief executive David Marcus will face the US Congress today, answering questions over the social media giant’s proposed cryptocurrency launch. The US government are expected to delve into…

US government could block big tech firms from offering cryptocurrencies

July 15, 2019

Cryptocurrency, News

cryptocurrencies, cryptocurrency, Democrats, Facebook, Keep Big Tech Out Of Finance Act, legislation, Libra, Republicans

A draft legislation suggests fining tech companies $1 million a day for violating newly proposed restrictions, according to Reuters. After US Federal Reserve chairman Jerome Powell last week said “serious…

Facebook’s cryptocurrency under fire from the Feds

July 11, 2019

Cryptocurrency, Ecommerce, News

Bitcoin, cryptocurrency, Facebook, Jerome Powell, Libra, Libra Association, social media, U.S. House of Representatives Financial Services Committee, US Federal Reserve

Facebook’s plans to build a digital currency called Libra may be put on hold after US Federal Reserve chairman Jerome Powell on Wednesday said “serious concerns” would need to be…

Facebook reveals its Libra cryptocurrency offering free financial services to its 2.4bn users

June 18, 2019

Blockchain, Cryptocurrency, News

Calibra, Ebay, Facebook, Libra, Mastercard, Paypal, Spotify, Uber, Visa, Vodaphone

Facebook has officially announced its own cryptocurrency is due to launch next year, in a move that could potentially be “truly transformative” for the global finance sector. The social media…

Alibaba applies for 262 blockchain patents

May 24, 2019

Blockchain, Cryptocurrency, Delivery / Supply Chain

Alibaba, Blockchain, business, China, e-commerce, expand, Patent, payments, supply chain

Chinese multinational conglomerate and e-commerce specialist Alibaba is pushing on with its foray into blockchain implementation after applying for 262 blockchain patents. With those patents in hand, Alibaba will integrate…

Facebook to launch its own cryptocurrency in early 2020

May 24, 2019

Blockchain, Cryptocurrency

Bank of England, Blockchain, cryptocurrency, Facebook, GlobalCoin, Mark Zuckerberg, payments, social media, US Senate

Mark Zuckerberg is planning to launch a cryptocurrency for his social media empire in early 2020, allowing users to make digital payments in a dozen countries. GlobalCoin will enable Facebook’s…

Whole Foods, GameStop & Office Depot to accept cryptocurrency payments instantly in store

May 14, 2019

Blockchain, Cryptocurrency, Instore, News

Barnes & Noble, Crypto, Flexa, GameStop, Office Depot, Spedn, Whole Foods

Whole Foods, GameStop, Barnes & Noble and many other major retailers will now accept a range of cryptocurrencies in their physical stores. Flexa, a crypto payment processing start-up, has launched…

Ebay hints at imminent cryptocurrency integration

May 14, 2019

Blockchain, Cryptocurrency, Ecommerce, News

Bitcoin, cryptocurrency, Ebay, Paypal, Sanja Kon, UTRUST

Ebay has hinted that it could start accepting cryptocurrencies with a range of adverts posted at the blockchain and cryptocurrency conference Consensus. As one of the main sponsors of the…

Could this be the world’s first Bitcoin debit card?

April 29, 2019

Cryptocurrency

Bitcoin, cryptocurrency, debit card, McAfee, QR code, Visa