Facebook Inc. is trying to get in the game of online payment systems like PayPal or Venmo by introducing a free friend-to-friend service of its own, the company announced today.

Some of Facebook’s Libra Members Look to Distance Themselves from Project
August 23rd, 2019

U.S. lawmakers have been skeptical about Facebook and the libra coin and some of the Libra Association look to distance themselves from the project.

Fintech Company Adyen Announces First Half Profit Soar by 79%
August 22nd, 2019

Earnings before interest, taxes, depreciation and amortisation (EBITDA) in the half year ended June 30 was 125.8 million euros ($139.39 million), from 70.3 million euros in the same period of 2018. The company grew strongly in all key metrics, with net revenue up 41% to 222.1 million euros and net profit up 92%.

Facebook’s WhatsApp Plans to Launch Mobile Payments in Indonesia
August 21st, 2019

Facebook Inc further extends its reach towards establishing its dominance in the Asian market. Having that it’s instant-messaging app – WhatsApp partners with multiple Indonesian digital payment firms to offer their mobile transaction services.

Cere Network Raises $3.5 Million to Build ‘the First Decentralised CRM Solution’
August 20th, 2019

A recent Binance Labs participant, Cere Network, is designing blockchain CRM software to compete with giants such as Microsoft, Oracle, and Salesforce.

Facebook’s Libra Gets Support From ZenGo Wallet Already Before Launch
August 19th, 2019

ZenGo crypto wallet has announced the support for Facebook’s Libra testnet which gives its users a first-hand experience of using Facebook’s native cryptocurrency.

Facebook’s Libra to Dominate Discussions during U.S. Lawmakers’ Visit to Switzerland
August 19th, 2019

The U.S. House Financial Services Committee delegation plans to visit Switzerland to exchange views about Facebook’s Libra with the Swiss FDPIC Adrian Lobsiger.

Binance Launching ‘Venus’ as a Direct Competitor to Facebook’s Libra
August 19th, 2019

The Venus project announced by Binance earlier on Monday plans to create stablecoins and other virtual assets backed by fiat currencies around the world.

‘New’ Satoshi Nakamoto Discloses Details about Himself and Bitcoin in First of 3 Days of Revelation
August 19th, 2019

Shaikho, who is a new “real” Satoshi Nakamoto, says his idea was a “people’s bank with no boundaries, no nationalities, and no discrimination.”

Facebook Collected Audio Conversations from Messenger and Transcribed Them
August 14th, 2019

It has now come to light that Facebook has been paying contract transcribers to review private audio chats from its Messenger app.

Mark Cuban’s Mavericks Accepting Bitcoin as the Form of Payment
August 14th, 2019

Even though he didn’t offer any specifics, Cuban suggested that the Dallas Mavericks’ crypto payments system could, when launched, offer support for not only for BTC and ETH but other coins as well.