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After a series of privacy scandals, Facebook needs to regain users trust as it prepares to roll out a single messaging service combining Facebook messenger, WhatsApp and Instagram. (Photo: AP)

Facebook to unveil new cryptocurrency

Facebook has already sought blessings from the US Treasury and the Bank of England, the BBC reported last month.

17 Jun 2019 4:19 PM IST

Facebook and other internet companies have been facing increased scrutiny over how they handle user data. (Photo: AP)

Facebook's cryptocurrency-based payments system gets big backers

Visa Inc, Mastercard Inc, PayPal Holdings Inc and Uber Technologies Inc to back Facebook's new cryptocurrency.

14 Jun 2019 11:59 AM IST

If an account has not been memorialised, Facebook uses AI to help keep it from showing up in places that might cause distress. (Photo: ANI)

Facebook in talks with US derivatives regulator over digital currency...

Facebook set up a financial technology company in Switzerland focusing on blockchain and payments.

3 Jun 2019 12:58 PM IST

The success of blockchain technology is its power to give a whole new world of transparency while cutting down the unnecessary mediums with its smart contracts.

Blockchain launches cryptocurrency exchange with trades at high speed

Launched in 2011 as a cryptocurrency wallet and headquartered in London, Blockchain has raised USD 70 million from...

31 July 2019 9:09 AM IST

The IPO comes at a time when the cryptocurrency sector is facing a number of headwinds.

Switzerland awaits details on Facebook's crypto plan

Facebook in mid-June announced plans to launch Libra next year as it expands to e-commerce and digital payments.

24 July 2019 1:35 PM IST

When China closed its local cryptocurrency exchanges late last year, an underground ecosystem of bitcoin mules and peer-to-peer platforms sprung up to allow bitcoin trading to thrive, away from regulators watchful eyes.

Hackers steal USD 32 million in cryptocurrency from Bitpoint

Bitpoint has halted all services including trading, deposit, and withdrawal of all crypto assets after it noticed the...

13 July 2019 7:35 AM IST

US President Donald Trump speaks about a state of emergency from the Rose Garden of the White House in Washington, DC.

Cryptocurrency is not money, value based on thin air': Donald Trump

He added that cryptocurrency, whose electronic nature makes it nearly untraceable, could facilitate illegal activity.

12 July 2019 2:46 PM IST

The IPO comes at a time when the cryptocurrency sector is facing a number of headwinds.

Facebook's cryptocurrency project Libra' halted

US Federal Reserve Chairman Jerome Powell says that Facebook's plan to build a digital currency called Libra cannot go...

11 July 2019 2:17 PM IST

The threat intelligence report further observes a rise in vulnerability reporting, crypto jacking attacks and attacks on critical infrastructure organizations. (Photo: ANI)

Cryptocurrency is next Cuban revolution says fugitive US tech guru

John McAfee believes Cuba would never extradite him to the United States.

6 July 2019 11:54 AM IST

When China closed its local cryptocurrency exchanges late last year, an underground ecosystem of bitcoin mules and peer-to-peer platforms sprung up to allow bitcoin trading to thrive, away from regulators watchful eyes.

Facebook's crypto needs deep thought and detail before launch

The coin would mark the social media giant's entry into one of the least-regulated areas of finance.

3 July 2019 12:21 PM IST

The IPO comes at a time when the cryptocurrency sector is facing a number of headwinds.

UK watchdog warns of danger from unregulated crypto

The FCA said its guidance will inform Britain's finance ministry as it looks at whether new laws are needed for...

1 Aug 2019 1:29 PM IST

Supreme Court overturned on Wednesday a central bank ban forbidding lenders to facilitate banking transactions for cryptocurrency exchanges and traders.

Supreme Court quashes RBI banking ban on cryptocurrency

In April 2018, RBI gave entities it regulated 3 months to snap all banking relationships with individuals dealing in...

4 March 2020 11:41 AM IST