Bookmarking Crypto Insights
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The moment Facebook released the whitepaper for its planned Libra coin, social media was flooded with claims about Zuckerberg’s new drive to take over the cryptocurrency market, with some even calling it a Bitcoin killer. However, looking at the actual details of the plan, it has little to do with cryptocurrency and is in fact … Read more
Social media giant Facebook plans to launch its own payments-focused cryptocurrency “Globalcoin” in 2020, the BBC reports Go to Source Powered by WPeMatico
Getting more people excited about Bitcoin and other cryptocurrencies remains an ongoing problem. The average person on the street may know Bitcoin, but they see it as a speculative tool. In terms of using it to transfer value around the globe, new initiatives need to be launched. WhatsApp users can now experiment with cryptocurrency transactions … Read more
Facebook’s popular messaging app with 1.5 billion users in over 180 countries has another major vulnerability. Hackers were able to covertly install spyware on iOS and Android smartphones using Whatsapp with just a phone call. “All of their security issues are conveniently suitable for surveillance, and look and work a lot like backdoors,” said Telegram’s … Read more
New strain of Trojan malware for Android phones is targeting global users of top crypto and bank apps Go to Source Powered by WPeMatico
According to anonymous sources, Facebook is planning to create a crypto-powered payment systems operating from within one, united messaging system Go to Source Powered by WPeMatico
India hasn’t been the friendliest jurisdiction to cryptocurrencies. The crypto industry in the country has been involved in an endless row with the country’s Reserve Bank, and the RBI has thus far had the upper hand. The animosity has pushed some crypto firms out of business this year. And now, another blow. According to a … Read more
After banning and unbanning crypto ads, Facebook reportedly proceeded toward its own cryptocurrency — and its blockchain division is steadily expanding as well. Here’s how the social media giant’s relationship with crypto has changed over the year Go to Source Powered by WPeMatico
Facebook is reportedly developing a cryptocurrency for transfers in WhatsApp, targeting the remittances market in India Go to Source Powered by WPeMatico
Governments in Africa simply cannot stop an idea whose time has come. In Zimbabwe, financial regulators banned cryptocurrency trading, and shut down two exchanges, thinking to have killed the ecosystem, only for Bitcoin to find a new life on Whatsapp. Kenyan authorities have sounded tough on virtual currency, warning banks and individuals against trading such, … Read more
