Teck Chia, a partner at Binance Labs is a step forward for crypto and increasing public awareness, he states that having a company like Facebook with tremendous reach and distribution into all different countries around the world is a very positive thing for the industry.
Binance Labs is the venture arm of Binance, one of the largest and most successful cryptocurrency exchanges in the whole world.
While the Binance partner is bullish on the entry of Facebook some members of the crypto community are concern as they view the development as step forwards centralization n which Chia remarked that Facebook will be just one of the 100 founders of Project Libra.
Chia predicts that his company will engage Facebook sooner or later and it is interesting to see how together they will be able to help advance the industry.
Facebook has been the subject of the criticism from both the government over the suspicion of Facebook’s data usage as well as the crypto community concerns of centralization.
Headlines for the world of Cryptocurrencies - June 29, 2019
- Media Extravaganza Planned For Warren-Justin buffet Lunch
- Brave Rewards Now Available At Reddit And Vimeo
- ShapeShift CEO Wants Libra In Their Platform
- ETC Devs Building Cross-Platform Bridge Between ETH and ETC
- Binance Talking To Facebook Regarding Libracoin
Headlines for the world of Cryptocurrencies - June 28, 2019
- Huobi Will Now Operating In Turkey
- TRON 20 Million BuyBack Program
- Square Cash App Now Directly Accepts Bitcoin Deposits
- First Ever Acquisition of CoinMarketCap
- Crypto Startup Involved In Israeli-Palestinian Peace Plans
Headlines for the world of Cryptocurrencies - June 27, 2019
- Chainlink Now Available In Coinbase Pro
- New Crypto Exchange-Traded Product Coming From Bitwise
- Bitcoin Interest Increase Thanks To Libra
- SEC Starts Asking For Public Comments On ETF Backed By Bitcoin And T-Bills
- Crashing Price Of Bitcoin Caused Coinbase To Go Offline
