Facebook Hunts E-Commerce, Payment Partners for Crypto Push: Report

By CCN: The crypto community hasn’t scared Mark Zuckerberg away from his cryptocurrency ambitions, at least not yet. New details have emerged in a Wall Street Journal report indicating that Mark Zuckerberg’s company is actively looking to ink deals to back its cryptocurrency payments ecosystem. Facebook is reportedly in discussions with “dozens of financial firms and online merchants” to support the unveiling of its blockchain-based payments network. Facebook is looking to lasso $1 billion for its new cryptocurrency and has been in talks with some major players. Facebook Building Cryptocurrency-Based…

Read More

Facecoin To Replace U.S. Dollar? Facebook Claims It’s “Helping People”

We’re all still thinking like regular crypto heads when it comes to what Facebook’s Mark Zuckerberg has up his sleeve with his stablecoin. The Zuck’s not thinking about just creating his own crypto. He wants to replace the U.S. dollar according to Ted Livingston, who’s developed the reputation of being ahead of the industry in making predictions. Livingston is the founder and CEO of messaging platform Kik. Facebook’s moves aren’t steeped in anything nefarious. Instead, they are in line with  Facebook’s usual claims – helping the world. This time, the…

Read More

Watch: Facebook Alum. Sean Parker Bashes Amazon, Warns Echo is Spying on Every Word You Say

Facebook founding president Sean Parker wants you to know that Amazon’s Alexa-enabled Echo devices are listening to every word you say and may be filing away your private conversations for future use. Ex-Facebook Executive Sean Parker Bashes Amazon Over Privacy Parker, who also founded the now-shuttered Napster, revved up the conversation about how personal assistant devices like Amazon’s Echo and Google’s Home devices are spying on you. They’re doing this without you saying trigger phrases like “Hey Alexa” or “Hey Google.” Parker commented on privacy issues and these personal assistant…

Read More

With Facebook Falling out of Favor, Will Instagram be Enough to Rescue Shareholders?

By CCN.com: According to Fortune’s latest edition of the world’s most respected companies, admiration for Facebook is plummeting. The souring sentiment is following — and followed by — Facebook’s falling share price in what is rapidly becoming a vicious cycle. Facebook No Longer Admired by Top Executives The latest “World’s Most Admired Companies” list from The post With Facebook Falling out of Favor, Will Instagram be Enough to Rescue Shareholders? appeared first on CCN

Read More

Mark Zuckerberg’s Sister Signs on to Serve on Huobi Chain Advisory Committee

Cryptocurrency exchange Huobi sent a “friend request” to a member of the Zuckerberg clan, and that friend request has been accepted. This is after Randi Zuckerberg, the elder sister to the founder of Facebook, Mark Zuckerberg, was unveiled as a member of Huobi Chain Expert Advisory Committee. The serial entrepreneur and author is currently the The post Mark Zuckerberg’s Sister Signs on to Serve on Huobi Chain Advisory Committee appeared first on CCN

Read More

Facebook: We’re Not Building a Cryptocurrency on Stellar

Social media conglomerate Facebook denied reports that its blockchain task force is considering launching a cryptocurrency project through a partnership with Stellar. Citing a Facebook spokesperson, financial news outlet Cheddar reports that the company will not be building on the Stellar protocol, nor has its cryptocurrency division held discussions with the project about forking Stellar The post Facebook: We’re Not Building a Cryptocurrency on Stellar appeared first on CCN

Read More

Facebook Taps Coinbase Board Member to Lead Blockchain Initiative

David Marcus will be leaving his leadership role at Messenger to oversee a new Facebook team focused on blockchain technology, according to Recode. The team, which will reportedly have less than a few dozen employees, will include James Everingham, vice president of engineering at Instagram, and Kevin Weil, Instagram’s vice president of product. Stan Chudnovsky, … Continued The post Facebook Taps Coinbase Board Member to Lead Blockchain Initiative appeared first on CCN

Read More

Trump Bans Petro, a Pacquiao ICO and the Caribbean Goes Crypto: Week in Review

What happened in crypto this week? Price Watch Bitcoin is up 16% this week to $9,000. This comes as part of an increase across the entire cryptocurrency market. It’s also likely the result of higher trading volumes. Fundstrat’s Thomas Lee made a price prediction of  Bitcoin reaching $91,000 by March 28, 2020. Morgan Stanley likened Bitcoin The post Trump Bans Petro, a Pacquiao ICO and the Caribbean Goes Crypto: Week in Review appeared first on CCN

Read More