Tag: libra

Memeing is a completely ordinary thing even in such a serious sphere as cryptocurrency. There are so many memes about bitcoins, altcoins and crypto theme that almost the biggest part of them is sooo dumpy. Reddit and Twitter are flooded with tons of memes. Here, on Changelly, we would like to share the best and funniest memes of 2020 so far. So get...

Reading Time: 2 minutes 2020 was the year of Bitcoin, DeFi, and CBDCs Several themes developed as the year went in What will be the key areas to look out for in 2021? 2020 was a crazy year for cryptocurrencies, with...

A stablecoin is a type of cryptocurrency whose value is tied to an outside asset, such as the U.S. dollar or gold, to stabilize the price.

Lukka, a crypto asset software and data provider, announced it has completed its Series C funding led by State Street Corporation with participation from S&P Global, and CPA.com, the business and technology subsidiary of the AICPA. With the Series C raise, Lukka will continue to expand its existing...

Reading Time: 2 minutes German finance minister Olaf Scholz has called Facebook’s Libra token “a wolf in sheep’s clothing” Scholz has been scathing about the proposed token since its launch, concerned by the impact on monetary sovereignty Scholz added that governments...

The fintech named Diem will send a cease and desist letter first to protect its brand name.

German Finance Minister Olaf Scholz took aim at the rebranded lDiem and said it would take more than cosmetic changes to smoothen regulatory concerns.

Reading Time: 2 minutes Libra is the most hated stablecoin in the world, but Facebook continues to push it Will Libra be worth buying when it comes out? Many think not Libra could be handed a power pass by the Democrats, if they get their way Libra is without...

Facebook's testnet has been live for over a month as the Libra Association prepares for the next stage with broader participation among members. Facebook's Libra Moves a Step Ahead The latest update from the blockchain explorer finds the network performing at an average of six...

The company is looking for someone to oversee its services in the cryptocurrency space.

The world's largest audio streaming service is on the hunt for a new associate director to lead its activity within the Libra stablecoin project.

Reading Time: 2 minutes The Libra Association has rebranded to the Diem Association The name change seems to be an attempt to remove direct connection to the Libra name The Libra Association and Libra coin itself have changed hugely since the whitepaper in 2019...

The Facebook-backed project makes an attempt to distance itself from the old vision.

Facebook's Libra cryptocurrency project has been rebranded to "Diem" in a new strategic move. The Diem Association announced the name change on its website on Dec. 1, 2020. Diem Is More Mature Since its inception, the project has been heavily criticized by regulators because of Facebook's...

The Libra Association is rebranding itself to "Diem" to distance itself from the original multi-currency stablecoin vision as it prepares for a possible 2021 launch.

A scaled-down version of Libra is reported to be launched in January, but the regulatory path forward is still unclear.

Reading Time: 2 minutes Facebook’s Libra token could be set for a January launch, 18 months after its announcement The new coin could be vastly different from the original concept The new Libra may be backed only by the dollar as opposed to a basket of currencies...

Bitcoin and cryptocurrencies are once again a hot topic, being discussed across the broader financial space the most since Facebook's Libra cryptocurrency was first announced. On the heels of the recent resurgence in the crypto market, rumors suggest that Facebook could be ready to launch Libra as early as January 2021. What sort of impact would its launch have amidst the recent Bitcoin...

After facing lengthy backlash from regulators worldwide, a pared-down version of Facebook's Libra project will finally launch in January 2021. Zuckerberg's Libra Takes Flight According to the initial white paper, Libra Coin was described as a coin pegged to a composite of multiple fiat...

The world’s largest social networking platform is planning to launch its digital currency in a limited format.