Thu, March 28, 2024

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Wibest – Facebook Libra: FB Libra Header Image Alt-Tag: Wibest – Facebook Libra: Facebook Logo with Libra on Mobilephone Screen.

Renewal of Facebook Libra Plans

On Wednesday, Facebook chief executive Mark Zuckerberg confirmed his commitment to the social network’s search. It is with the launching of Facebook Libra cryptocurrency despite pushback from governments and critics. Last month, Facebook unveiled the plans for Libra. It is an announcement that flickered fears of the unintentional consequences of a loosely supervised global currency. …

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Wibest – Facebook Libra: Photo of the Facebook logo on the smartphone screen and the brochure with Libra logo.

Swiss Watchdog Awaits Response by Facebook Libra

On Tuesday, the Swiss Federal Data Protection and Information Commissioner said Facebook’s Libra cryptocurrency project did not respond to the request of information by Switzerland’s data privacy watchdog. Meanwhile, observing more details will help define the oversight role over the US social media company’s planned digital currency. Facebook announced the launching of Facebook Libra next …

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The logo of Coca-Cola stating its sustainability.

Coca-Cola Fortifies Wall Street’s Opening

On Tuesday, calming concerns over the pace of economic growth were companies that lifted a batch of substantial upbeat earnings reports, including Coca-Cola and United Technologies. Meanwhile, U.S. stock index futures strengthen. Last week, the earnings on the second quarter were mixed, but investors react positively to a series of releases on the previous 24 …

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Wibest – Digital coins: Libra Facebook cryptocurrency and bitcoin cryptocurrency.

US Lawmakers Dare Facebook Over Digital Coins

On Wednesday, senators convicted and criticized the proposed project of Facebook. Facebook showed it is not to be trusted by investors, as US lawmakers agree and criticized the cryptocurrency plan for adding a new member to the digital coins. On June 18, Facebook announced it will launch a new cryptocurrency called Libra in 2020 will …

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Wibest – Digital coins: Libra Facebook cryptocurrency and bitcoin

Germany’s Scholz Warns Digital Coins Such as Libra

On Tuesday, the luring of full inspection continues from the financial regulators and politicians across the world. Some U.S. lawmakers from both sides will interrogate Facebook Inc on its digital coin plan. Facebook surprised regulators and lawmakers on June 18 with an announcement about the launching of a new digital coin called Libra in 2020, …

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Bitcoin outflows surge to 100K BTC monthly

Bitcoin Sheds Above 10% Amid Crypto Inspection

As fears intensify with the restriction of cryptocurrencies and the increasing inspection of Facebook’s planned Libra digital coin, the Bitcoin plunged more than 10% over the weekend. On Sunday, the original cryptocurrency declined 10.4%, its second-biggest daily drop this year. Meanwhile, its weakest since July 2, Bitcoin dropped 11.1% from Friday to $9,855 early on …

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Wibest - Photo of the Facebook logo on the smartphone screen and the brochure with Libra logo.

Libra Tech: An Introduction to Facebook’s Cryptocurrency

Libra is supported with real, cold hard assets. Unlike most famous cryptocurrencies such as Bitcoin, Litecoin, Ethereum, etc. It’s hypothetically a “stable coin.” It means it’s worth is connected to a basket of diversified global currencies and low-risk bonds, providing a lower bound, or floor, on price levels. For years of successful currencies, with this …

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Wibest Broker — Ukraine President: Closeup of the National Bank Main Department Building with sign.

Ukraine Questions Former Central Bank Chief

In April, the former Ukrainian central bank chief Valeria Gontareva was wanted for questioning as a suspect in a corruption investigation the day after a new Ukraine president was elected. Accusation of corruptions were raised after a day later when a Ukrainian journalist launched a Facebook campaign against Gontareva. She was accused of pilfering the …

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facebook logo with a bitcoin net to it on the phone

Cryptocurrency: Details Released About Facebook Currency Rivaling Bitcoin

Later this month Facebook is planning to release new cryptocurrency. The new digital currency will be called GlobalCoin and will significantly differ from its main rival: Bitcoin. The main difference between the Bitcoin and GlobalCoin would be the function of the tokens. GlobalCoin will act as a stablecoin pegged to the US dollar 1:1. Stablecoins …

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FB: The picture displays 2 hands having an agreement in an office.

Facebook, FTC Agreement Censured by US Officials

FB – On Monday, the Federal Trade Commission’s settlement proposal to Facebook Inc. was criticized by two U.S. senators after issues surfaced, saying that consumer’s personal data are exploited. Reports said that top officials, possibly even founder Mark Zuckerberg, must be held personally in control. The agency reported that Senators Richard Blumenthal, a Democrat, and …

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Tik Tok China: The icon of Tik Tok is shown on the screen of the phone with a pair of earpods. Wibest Broker

Tik Tok locating its largest users from the US

Tik Tok China – The world’s second-largest economy, China, has been highlighting the expansion of its companies beyond their domestic market and in Asia. In the past few years, some of the country’s biggest technology firms have been catching up with U.S. consumers with their popular and developed mobile applications. According to data compiled, the …

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