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  • Bitcoin

    Facebook Stablecoin Wants to Replace US Dollar Not Bitcoin: Kik Founder

    Facebook could be on the path to replace the US Dollar with its own crypto asset as a global currency, claims Ted Livingston. The founder and chief executive of the Kik messaging app projected the upcoming stablecoin project as a WeChat aspirant. The 32 years old Canadian entrepreneur wrote...

    Davit Babayan | March 21, 2019 | 3:23 pm
  • Crypto

    Facebook’s “Crypto” Currency Expected to Add Up to $19 Billion in Revenue

    According to a client note issued by Barclay’s internet analyst Ross Sandler, Facebook’s launch of its own digital currency could yield billions in additional revenue for the firm. The social network has been reportedly developing its own stable-coin, although precise details of the project remain limited. Sandler estimates...

    Rick D. | March 11, 2019 | 9:00 pm
  • Crypto

    Don’t Count Facebook’s Crypto Or JPM Coin Out, They Could Boost Bitcoin

    At long last, incumbent corporations of legacy industries have begun to delve into cryptocurrencies, not just blockchain technologies. While Bitcoin (BTC) has continued to struggle, save for its relatively stellar performance over February, Wall Street darling JP Morgan and Silicon Valley’s Facebook have announced serious intentions to offer...

    Nick Chong | March 2, 2019 | 9:00 pm
  • facebook
    Crypto

    Is Facebook About to Battle Telegram With its own Cryptocurrency Launch?

    The crypto token race is on between the world’s internet and messaging monopolies. Telegram already has a head start with a successful multi-million dollar ICO but Facebook will not be left behind and is highly likely to roll out its own cryptocurrency this year. Will ‘Face Coin’ be...

    Martin Young | March 1, 2019 | 8:00 am
  • facebook
    Industry

    Facebook Takes Another Step Closer to Cryptocurrency

    Social media giant Facebook has taken another step closer to crypto with its latest acquisition, the team behind a London based blockchain startup. Facebook Expands its Blockchain Division According to reports Facebook has quietly hired the team at Chainspace, a small startup founded by researchers from University College...

    Martin Young | February 5, 2019 | 8:00 am
  • facebook
    Crypto

    Why Facebook Should Not be Trusted With Cryptocurrency

    The race to launch the first crypto powered messenger app is heating up. Naturally the internet monopolies such as Facebook are scrambling to be first, but looking at its history it is one of the least suitable to handle decentralized currencies. New contenders are appearing on the scene...

    Martin Young | January 15, 2019 | 10:00 am
  • Bitcoin

    Bitcoin on Facebook? Lite.IM Adds BTC Support for Leading Social Networks

    Cryptocurrency adoption pioneers Lite.IM have just announced that the platform will now support Bitcoin (BTC) payments. This means, users of Facebook, Telegram, and even plain old SMS will now be able to send BTC to one another via their chosen social application. Such moves bridge the gap between...

    Rick D. | December 31, 2018 | 6:30 pm
  • Crypto

    Binance CEO: About Time Facebook Launches Its Own Crypto, Bolsters Adoption

    Even amid 2018’s crypto market downturn, reports have recently begun to sprout up that Facebook, one of the largest technology giant on Planet Earth, has started to earnestly dive into blockchain development. This week, NewsBTC reported that Facebook’s in-house blockchain branch, a project headed by former PayPal president David...

    Nick Chong | December 21, 2018 | 11:00 am

NewsBTC is a news service that covers bitcoin news, technical analysis & forecasts for bitcoin and other altcoins. Here at NewsBTC, we are dedicated to enlightening people all around the world about bitcoin and other cryptocurrencies. We cover news related to bitcoin exchanges, bitcoin mining and price forecasts for various virtual currencies.

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