Facebook renames its Calibra digital wallet to Novi
Facebook has decided to rename and rebrand its digital wallet offering as it adopt more currencies outside of Libra
Facebook is changing its strategy for its big cryptocurrency wallet Libra
Facebook is changing its strategy following the fall-out over its initial plans for a new cryptocurrency.
Facebook’s Libra cryptocurrency is already the target of scams
It doesn’t take long for scammers to smell an opportunity and take advantage of it. Facebook’s planned cryptocurrency, Libra, isn’t even functioning yet and it turns out there are already a host of people setting up accounts, pages and groups on Facebook and Instagram claiming to be the official hubs of Libra, as discovered by The Washington Post. This perhaps …
Facebook’s Libra provides details on how it thinks it should be regulated
Who knows better than how cryptocurrencies should be regulated than the company that is making everyone nervous about its cryptocurrency in the first place.
Facebook’s Calibra to be put on hold while the US addresses regulatory concerns
It appears Facebook's latest efforts to create a cryptocurrency of their own are scaring US regulators who feel threatened by its potential risk to the economy.
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