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Facebook’s Calibra Exec: Libra Is More Like Email Than PayPal

News Facebook’s crypto project Libra will be more similar to email tech than payment services such as PayPal, vice president of product at Calibra said. Speaking at the Web Summit in Lisbon on Nov. 5, Kevin Weil, vice president of product at Facebook's Calibra digital wallet unit, emphasized ..

Bitcoin Transferred a Giant $11 Trillion Since 2009, New Data Reveals

News Bitcoin (BTC) has transferred $11 trillion in wealth since its blockchain first went live in 2009, according to the fresh calculations. Bitcoin “going strong” at $9.6 billion per dayUploaded to social media by analyst PlanB on Oct. 24, the latest buoyant statistics for Bitcoin show the larges..

Calibra Head: Libra ‘Absolutely Not’ in Jeopardy Without PayPal, Visa

News Head of Facebook's Calibra claimed that the recent withdrawal of the seven firms from the Libra Association has no impact on the project. Dropouts will still be able to work with LibraIn an interview with Yahoo Finance on Oct. 15, Calibra’s David Marcus argued that Facebook’s cryptocurre..

How to Buy Bitcoin With PayPal: Complete Beginner’s Guide

The act of purchasing bitcoin has become more and more convenient over the course of recent years, with a plethora of payment options popping up here and there. There is no surprise there; after all, investing in bitcoins has shown to be a very appealing and profitable endeavor. A lot of users woul..

Facebook Founder May Testify on Libra Cryptocurrency to Congress

Facebook co-founder and chief executive officer Mark Zuckerberg may have to personally appear before Congress to testify on the social media giant’s Libra stablecoin efforts. That development comes on the heels of the House Financial Services Committee, one of the U.S. Congress’s most influential b..

PayPal Ditches Libra, Crypto Stagnant, Mark Cuban Hates BTC: Hodler’s Digest, Sept. 30–Oct. 6

Hodler’s Digest Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week..

PayPal May Ditch Facebook’s Libra Over ‘Regulatory Scrutiny’: Report

News Payment processor PayPal has sparked fresh concerns that it has cold feet about joining Facebook’s Libra digital currency. Libra “Pre-work” is not enough for PayPalAs news agency Financial Times reported on Oct. 3, PayPal did not attend a meeting of 28 Libra backers on Thursday. The developme..

Facebook’s Libra Backers Fear It Could Taint Their Image Among Regulators

News Visa, Mastercard, PayPal and Stripe are unsure whether they wish to become paid-up participants in Facebook’s Libra digital currency. As Bloomberg reported on Oct. 2 citing “people familiar with the matter,” the four payment giants have reservations about the plans. Sources: Facebook “overso..

PayPal Casts Doubt On Libra: Claims Facebook Crypto Still Needs Work

Many in the crypto community were shocked in June when Facebook unveiled the firms backing Libra — Visa, Mastercard, PayPal, Uber, Spotify, Coinbase, Xapo, and countless other pro-innovation companies and investors. While the marketing material — which showed the Libra emblem enclosed by the logos ..

PayPal: ‘A Lot of Work’ Still Needs to Happen for Libra to Become Real

News PayPal representatives have said they remain cautious about the future of Facebook’s planned stablecoin Libra, according to a Sept. 14 report from Agence France Press (AFP). PayPal investor relations vice president Gabrielle Rabinovitch reportedly emphasized that the firm’s membership of the ..

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