Tag Archives: Libra

Libra Scams Already Proliferating On Facebook Itself

The Washington Post reports: A wave of fakes purporting to sell or represent Facebook’s not-yet-available Libra currency have swept onto the social-media giant’s platforms, highlighting how the tech firm is struggling to rebuild trust and fight the fraud likely to surround the new financial system. Roughly a dozen fake accounts, pages and groups scattered across Facebook and its photo-sharing app …

Read More »

Facebook Unveils Plan To Launch Its Cryptocurrency

Axios reports: After nearly a year of speculation, Facebook has finally unveiled its plans to create a cryptocurrency, which will be called Libra and debut in 2020. With more than two billion users, Facebook is arguably better positioned to roll out a global digital currency than any other company, government, or organization. That’s also a source of concern over how …

Read More »