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Markets

Game Show Winner Loses $39K in Bitcoin Facebook Scam

A former winner of Deal or No Deal has lost nearly $40,000 after a bitcoin investment company turned out to be a Facebook scam.


Markets

Facebook Taps David Marcus to Lead Payments Initiatives

Marcus will continue running Libra's Novi digital wallet as he takes on Facebook Financial.

David Marcus is the co-creator of the Facebook-backed libra stablecoin. (CoinDesk archives)

Policy

Google, Twitter and Facebook Face $600M Lawsuit Over Crypto Ad Bans

The corporate giants could soon face the wrath of cryptocurrency business owners in a lawsuit over the banning of crypto advertising in 2018.

The sign at Google's Sydney office. (Mitchell Luo/Unsplash)

Policy

Social Media Bans 'Highlight the Profound Censorship on Web 2.0'

Recent moves by social media companies to outlaw certain types of content raise big questions about the future of free speech in the modern internet era.

(Morning Brew/Unsplash)

Finance

Facebook, IoTeX, R3 Among New Members of Confidential Computing Consortium

The Confidential Computing Consortium aims to create systems that sequester sensitive data so it can't be exploited by nefarious actors.

identity, privacy

Markets

Fed Economists Call Fears of Original Libra Stablecoin ‘Overstated’

Economists at the Federal Reserve suggest Libra – in its original, basket-backed stablecoin form – might not have had as severe an impact on financial stability as policymakers suggested last year.

Rep. Brad Sherman (D-Calif.) created a "Zuck Buck" graphic to describe his view of Libra. (House Financial Services Committee)

Markets

'Radical Indifference': How Surveillance Capitalism Conquered Our Lives

"Disinformation is a routine consequence of surveillance capitalism," says "Surveillance Capitalism" author Shoshana Zuboff in a wide-ranging interview.

Credit: Chris Yang/Unsplash

Policy

Libra Is Ready for the Digital Money 'Space Race': Dante Disparte

Libra's most vexing challenge may be juggling inclusion and compliance. But policy chief Dante Disparte says the project is not giving up on reaching the unbanked.

TWO SIDES: Juggling inclusion and compliance remains Libra's most pressing challenge. (Credit: Shutterstock)

Markets

Libra Payments Can Boost Facebook's Ads Business, Zuckerberg Says

Libra can make it easier for Facebook's users to buy goods advertised on its platform, which would incentivize businesses to buy more ads, CEO Mark Zuckerberg said Wednesday.

Facebook CEO Mark Zuckerberg (Credit: Aaron-Schwartz / Shutterstock)

Finance

Facebook's Calibra Rebrands to Novi, Details Wallet Tie-Up With WhatsApp

In the run-up to launch, libra's digital wallet subsidiary has been given a new look and a new name: Novi, which means "new way."

Credit: Wachiwit/Shutterstock.com