Libra


Markets

Facebook's David Marcus Responds to Critics Over Libra 'Threat'

The head of Facebook's Calibra has spoken out to "debunk" allegations that the Libra project poses a threat to nations' fiscal sovereignty.

David Marcus is the co-creator of the Facebook-backed libra stablecoin. (CoinDesk archives)

Markets

Central Banks to Question Facebook-Led Libra Over Financial Risks

The Libra Association is to be grilled by 26 central banks over the perceived risks to financial stability posed by the crypto project.

Benoit Coeure ECB

Markets

Vulnerability Fixed in Facebook Contract Language for Libra Cryptocurrency

The vulnerability in the Move IR compiler allows malicious actors to introduce executable code to their smart contracts," OpenZeppelin’s CEO Demian Brener told CoinDesk.

demian, brenner

Markets

Facebook Adds Singapore Dollar to Libra Crypto Basket: Report

Facebook reportedly included the Singapore dollar but not the Chinese yuan in an updated list of currencies meant to back the Libra stablecoin.

Facebook Libra

Markets

New Head of China's Digital Currency Says It Beats Facebook Libra on Tech Features

The PBoC's new digital currency chief has said its upcoming digital yuan has features not offered by Facebook Libra.

yuan, china

Markets

Facebook's WhatsApp Seeks Policy Expert to Champion Blockchain in Africa

WhatsApp is looking to hire a blockchain policy expert in Africa as parent company Facebook's Libra project meets regulatory resistance worldwide.

shutterstock_614565587

Markets

ECB's Mersch Warns Over 'Treacherous Promises' of Facebook Libra

Yves Mersch has warned of the threat posed by Facebook's Libra to monetary policy and consumers in the EU.

The ECB flags in front of the building. (Shutterstock)

Finance

Facebook's Libra Project Launches Bug Bounty With $10,000 Max Reward

The Libra Association will pay up to $10,000 to independent security researchers who find bugs in the Libra blockchain.

facebook, bitcoin

Markets

Facebook's Calibra Is Building a Compliance Team, Searching for Sanctions Lead

The Calibra wallet team is looking for more compliance professionals.

Facebok libra coins

Markets

Coinbase's Ex-Policy Head Will Lobby for Facebook's Libra Crypto

Facebook has hired a lobbying firm led by a former head of policy at Coinbase amid regulatory pushback from U.S. lawmakers over its Libra project.

Facebook's David Marcus at a Senate banking hearing in July, 2019