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Facebook, the social media giant, is on track to launch its own cryptocurrency named “GlobalCoin”. GlobalCoin is set to launch in the first quarter of 2020. Facebook is looking to make cryptocurrency mainstream by letting the users use cryptocurrency through its network. GlobalCoin’s Development Timeline It all began with ‘Project …

While Facebook has been on enormous crypto news for its coin since quite long, another news regarding Facebook came along quite recently. According to a filing on the Geneva Commercial Register, a new financial tech firm called Libra Networks LLC, has been formed by Facebook. Now as far as the …

There is no denial of the fact that until last year Facebook was just a hard nut to crack when it came to advertising crypto products as well as Blockchain related stuff on its platform. In fact, in June 2018, Facebook literally imposed a rule for those who wished to …

Quite an interesting news came along on 3rd May through the Wall Street Journal (WSJ) when it was revealed that the social media giant Facebook is finally seeking the investments worth $1 billion. This investment is meant to form its one of the most rumored cryptocurrency Stablecoin. As far as …

The International Monetary Fund’s (IMF) managing director, Christine Lagarde, discussed the strength of digital currencies to override the traditional currencies in the near future. As modern technologies are causing a great impact on the traditional financial network and the multinational banking industry. The head of IMF stated that economical technologies …

Facebook is in need of finding help from different venture capital (VC) companies for the development of its own cryptocurrency, New York Times (NYT) tech department’s reporter or long-period cryptocurrency writer Natheniel Popper tweet this news on 8 April. Update on Facebook’s cryptocurrency: Sources tell me that Facebook is now …

The big Russian Social Media platform VKontakte (VK) also known as an alternative of Russian Facebook is thinking about launching its own cryptocurrency. This the news was reported in the local news source RNS on 28 March. According to the report in RNS, an unidentified source known with the functioning of the …

Bing the popular search engine of the Microsoft Company has blocked over five million of virtual currency based advertisements in last year; the ban of the ads was because of the safety of the Bing’s users from any fraudulent. As per the Bing’s advertisement quality review, the firm’s poor account …

The largest social media platform Facebook is planning to launch its own cryptocurrency “Facecoin” for payment transactions on Whatsapp. In last year May, Facebook has gathered a team to search its possibilities of introducing the digital currency in the market, and now Facebook has planned to disclose the secret working. …

Barclays believes that Facebook’s cryptocurrency coin could make around $19 billion income by 2021. The cryptocurrency coin of Facebook could be the use of transactions on Whatsapp, it is in progress of completion and estimated to be released this year. Ross Sandler internet analyst of Barclays predicted that the coins …