Facebook’s developing cryptocurrency has been kept secret by the social media giant, with few details publicly known. However, recent reporting suggests Libra (not “GlobalCoin,” as it was previously dubbed) will be a multicurrency-backed stablecoin used for purchases in products such as Facebook Messenger and WhatsApp with no fees. A whitepaper is expected to be released on June 18.
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A convicted felon just fleeced ICO investors… and it could happen again
Fake names, hair dye, and sky-high promises couldn’t hide the fraud behind a $30 million ICO...
