Tag: David Marcus
Crypto payments start-up Lightspark secures investor funding
Lightspark - a crypto payments start-up launched by David Marcus - has secured investor funding led by venture fund a16z and investor Paradigm.
Before launching...
Libra Association reaches milestone despite regulatory pressure
The Libra Association has taken its first formal steps in its journey, with the founding 21 members agreeing and signing an official charter.
All companies...
Facebook Libra project dealt massive blow with multiple exits
A group of organisations have announced that they are pulling from Facebook’s digital currency project, Libra.
Following PayPal’s withdrawal, financial giants Mastercard and Visa both...
PayPal withdraws from Facebook’s Libra currency project
Financial giant PayPal has announced it has decided to withdraw all of its involvement with Facebook’s proposed digital currency Libra.
First touted by the Financial...
Trump: Bitcoin and other cryptocurrencies ‘are not money’
In one of his notorious Twitter lectures, US President Donald Trump has made clear his opinions on the topic of cryptocurrencies and Facebook’s upcoming...
US Congress demands Libra development to halt
The United States House of Representatives Committee on Financial Services has released a letter requesting Facebook and its partners to stop the development of...