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Facebook’s Calibra Wallet Rebrands to Novi

Calibra, the digital wallet Facebook designed to be used with its cryptocurrency Libra, has now been renamed to “Novi.” The company established a new subsidiary, Novi Financial, that will be tasked with developing the newly rebranded wallet. Libra’s…
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Pressure on Libra From U.S. Intensifies as Congressman Suggests Bitcoin Instead

The majority of US politicians are anti-crypto and Bitcoin. Either through fear, or lack of knowledge, they view digital currencies as a threat to their own system which is highly controlled and often manipulated. One congressman however thinks…
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G7: Crypto Stablecoins Like Libra Threaten Financial Stability, But Not Bitcoin

It comes as no surprise that Facebook is still on the receiving end of regulatory pressure from global economies. The social media giant has done the crypto industry few favors as all eyes are now on stablecoins and the outlook for them is predictably…
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Coinbase CEO: US Should Reconsider Ridiculous Stance on Libra as Project Partners Jump Ship

Facebook’s ambitious crypto project Libra is running out of steam as it gets hounded by regulators and governments around the world. The social media giant was dealt another blow yesterday when major project partner PayPal announced that it…
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No, a Facebook Libra Delay Would Not Cause a Crypto Crash

The world’s largest social media company has faced nothing but criticism since it announced grand plans to dominate global finance markets with its own crypto coin. Red flags were raised by governments and central banks across the planet over…
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Gloomy Future For Libra Crypto as Central Banks Pose Tough Questions

Not a week has gone by since Facebook announced its lofty crypto ambitions that it hasn’t been torn apart for one reason or other. Now it is the chance for the central banks of the world to grill the social media giant on its plans to compete…
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France Blocking Facebook Libra in EU Shows True Power of Bitcoin

Governments and policymakers have been in an uproar ever since Facebook debuted their Libra cryptocurrency to the world, prompting the first signs of stricter regulation around crypto and Bitcoin looming. Among the list of concerned governments…
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Binance Expanding Cryptocurrency World Domination Efforts With Libra Rival

The world’s most dominant cryptocurrency exchange, Binance, is not satisfied with being the best in the industry. It literally wants to own it as Facebook has done with social media. The latest ambitions from the Malta based company include…
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Regulatory Pressure Amidst Libra Crypto Controversy Hasn’t Shaken Bitcoin Bulls

All this week, the crypto market has been under a microscope both by politicians with regulatory power, and throughout the entire crypto community hoping to determine what long-term implications Facebook’s Libra will create for Bitcoin now…
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Dr. Doom Roubini Fuels Criminal Crypto Concerns With Scathing Bitcoin Op-Ed

Sentiment across the United States pertaining to the crypto market is at an extreme low, despite Bitcoin rallying above $10,000 and kicking off what appeared to be yet another bull run for the bubble-bound crypto asset. The fear and panic stems…