Social media giant Facebook acquired the rights to the “Libra” trademark for its secretive cryptocurrency project, crypto news website The Block reported on May 3. The Block claims that a source familiar with the matter confirmed…
Tag: social media blockchcain
The Lightning Torch: How the Community United to Teach Jack Dorsey About Feeless, Rapid Off-Chain Transactions
Over the last few weeks, Bitcoin’s (BTC) second-layer scaling protocol, called the Lightning Network (LN), has gained a lot of traction, steadily proving to become a viable solution to BTC’s infamous scalability…
Leading Social Platform eToro Acquires Smart Contract Development Company Firmo
Exchange and social network for investors and traders eToro announced that it has acquired smart contracts development company Firmo for an undisclosed amount. The acquisition was reported in a press release published on March 25. Co-founder and CEO…
NO, FACEBOOK’S ‘FACECOIN’ WILL BE NOTHING LIKE BITCOIN (OR EVEN A CRYPTOCURRENCY)
Facebook, Telegram, and Signal are reportedly planning to mint their own digital coins for their platform. But their centralized nature means that they won’t be censorship-resistant, decentralized and secure by…
