Facebook is finally ready to talk about its blockchain plans. After rumors and speculation, Facebook is finally making its cryptocurrency efforts official. This is Calibra, a digital wallet that will use a new cryptocurrency called Libra. Calibra, which is now a subsidiary of Facebook, is designed to “provide financial services that will enable people to […]
Facebook has secured some pretty big backers for Project Libra, according to The Wall Street Journal. PayPal, Uber, Visa and Mastercard are reportedly investing around $10 million each in the social network’s cryptocurrency. Other investors include Stripe and Booking.com. By agreeing to put money into the initiative, they’ve become part of a consortium created to […]