Facebook’s plans to create a global cryptocurrency will face scrutiny from the US Senate Banking Committee on July 16, the latest sign that policymakers around the globe are... more
On Wednesday, the Senate Banking Committee announced it will be holding a hearing next month to question witnesses over Facebook’s new cryptocurrency initiative, Libra.... more
The Daily Crunch is TechCrunch’s roundup of our biggest and most important stories. If you’d like to get this delivered to your inbox every day at around 9am Pacific, you... more
The Daily Crunch is TechCrunch’s roundup of our biggest and most important stories. If you’d like to get this delivered to your inbox every day at around 9am Pacific, you can subscribe... more
Facebook unveiled its audacious Libra cryptocurrency and Calibra digital wallet on Tuesday through which it plans to transform financial services across the globe. The social juggernaut made clear of its ambitions when... more
Facebook announced it was diving into the cryptocurrency market, and analysts warned the social media giant could face major regulatory questions. more
Today's major tech headlines include the reveal of the Facebook-backed cryptocurrency called Libra, Google's one billion dollar pledge to fight the Bay Area housing... more
Facebook unveiled a cryptocurrency called Libra yesterday as well as the Libra Association, a not-for-profit that will oversee all things Libra. While Libra’s white paper draws... more
Facebook announced ambitious plans to launch a new global cryptocurrency called Libra, part of an effort to expand into digital payments that immediately raised privacy concerns. more
Everyone’s worried about Mark Zuckerberg controlling the next currency, but I’m more concerned about a crypto Cambridge Analytica. Today Facebook announced Libra, its forthcoming stablecoin designed to let... more
The head of the House Financial Services Committee wants Facebook to suspend plans for a new currency until Congress and regulators are able to study it more closely. more
Hours after Facebook announced its plans for a global cryptocurrency project, a top House Democrat is calling for Facebook to halt its plans until... more
One regulatory expert believes Facebook's new currency will "almost surely" fall under U.S. regulation adopted in the wake of the 2008 financial crisis. more
From the beginning, cryptocurrency was about trust. “The root problem with conventional currency is all the trust that’s required to make it work,” Satoshi... more
The Daily Crunch is TechCrunch’s roundup of our biggest and most important stories. If you’d like to get this delivered to your inbox every day at around 9am Pacific, you can subscribe here. 1. Facebook announces... more
Facebook has surprised cryptocurrency experts by opting with its planned digital currency for a technology similar to Bitcoin in fundamental privacy characteristics more
Facebook unveiled its Libra cryptocurrency initiative today, which is part of an alternative financial system (including new subsidiary and wallet ‘Calibra‘) it... more
Facebook's introduction of a new digital currency is likely to draw regulatory scrutiny, but New York University law professor Eleanor Fox says initial details about the currency don't... more
The Canadian and Ontario human rights commissions have taken the exceptional step of joining forces to urge Facebook to stop Canadian employers from being able to... more
Facebook revealed plans on Tuesday to launch a cryptocurrency called Libra, the latest development in its effort to expand beyond social networking. more
Facebook has finally revealed the details of its cryptocurrency Libra, which will let you buy things or send money to people with nearly zero fees. You’ll pseudonymously buy or cash... more
Bounce, a Bangalore-based startup that offers thousands of electric scooters for rent in India, has raised $72 million to accelerate its bid to impact how people... more
An internet advertising company specializing in helping law firms sign up potential clients has exposed close to 150,000 records from a database that was left unsecured. The database... more
"I am so glad she's dead" or "That's what she gets" will no longer be up on your Facebook page as the social network giant will now remove such scurrilous comments more
Facebook has enlisted more than a dozen companies including Visa, Mastercard, PayPal Holdings and Uber Technologies to back its new cryptocurrency. more
A German state government says it plans to shut down the region's Facebook page because of concerns over the company's handling of data protection issues more
As Facebook explores ways to generate revenue from WhatsApp, the company is now turning to a startup that already has a lead. The social juggernaut said today it... more
A sketchy Facebook app banned by Apple earlier this year succeeded in collecting large amounts of personal data from around 187,000 users before it was... more
A quarterly transparency report from next year and content regulations are some of the steps listed by Facebook's COO Sheryl Sandberg to deal with major content concerns and privacy issues. more
Facebook CEO Mark Zuckerberg did not knowingly violate an agreement with the regulator supervising the company's management of users' personal data, the social media giant said. more
Facebook emails appear to show Chief Executive Officer Mark Zuckerberg's involvement in discussions about its much-criticized privacy practices, the Wall Street Journal reported. more
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