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David Chaum: “the future is in anonymous messaging and cryptocurrency payments”

David-Chaum--future-is-in-anonymous-messaging-and-cryptopayments David Chaum | The digital currency pioneer

David Chaum said that the most stunning application for the industry would be a privacy-oriented message-sending system, integrated with payments.

The digital currency pioneer said this in an interview with Bloomberg Odd Lots podcast. David Chaum is the creator of the predecessor of Bitcoin, e-currency Ecash, and one of the founders of the cyberpunk movement. Chaum told Bloomberg that raising awareness of privacy and digital sovereignty in the modern era paved the way for blockchain and cryptocurrency, which can make a breakthrough and go into mass use. 

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Facebook will release its own cryptocurrency GlobalCoin in 2020

Facebook-will-release-GlobalCoin-in-2020 Facebook will release its own cryptocurrency GlobalCoin in 2020

The world's largest social network Facebook plans to release its own cryptocurrency called GlobalCoin next year.

According to the BBC, Facebook will launch a system of cryptocurrency payments in the "dozen countries" by the first quarter of 2020. The company intends to begin testing the system by the end of this year. More information about Facebook plans will appear in the coming months.

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WSJ: Facebook plans to create a full-featured payment system based on stablecoin

Facebook--payment-system-based-on-stablecoin WSJ: Facebook plans to create a full-featured payment system based on stablecoin

Stablecoin, which is allegedly developing the social network Facebook, will serve as the foundation for the creation of a new payment system.

Project Libra - the internal name of the new blockchain-initiative Facebook - will use a stable cryptoasset, secured by fiat currency. Various sources report that the company is already working on attracting financial companies that will support the project.

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Media: Facebook is preparing to launch its own cryptocurrency

Facebook-is-preparing-to-launch-its-own-cryptocurrency Media: Facebook is preparing to launch its own cryptocurrency

The New York Times, citing anonymous sources on Facebook, reports that the largest social network has already prepared the launch of its own cryptocurrency and is already in talks with the exchanges on listing.

It is reported that we are talking about stablecoin under the brand of messenger WhatsApp. The new coin will be pegged to the US dollar and used for domestic and international transfers between friends and family members via instant messenger. In the future, Facebook users and Instagram users, whose audience counts in billions of users, will also be able to use the stablecoins.

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Twitter joins the ban of cryptocurrency ads

ICO-LINK-NEWS-Twitter-joins-the-ban-of-cryptocurrency-ads

Following the IT giants Google and Facebook, who decided to impose a prohibitive advertising policy on cryptocurrency and ICO, the social network Twitter intends to prohibit the placement of advertisements of this kind. Against the background of the impending regulatory intervention in this sector, Twitter will prohibit advertising of cryptocurrencies, ICO, and crypto-exchanges, but with some exceptions. As the British news channel Sky News reports, referring to the sources on Twitter, the corresponding decision will come into effect within two weeks and will operate in all countries of the company's presence.

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In the Facebook messenger found a bot for mining

ICO-LINK-NEWS-In-the-Facebook-messenger-found-a-bot-for-mining

Cyber security specialists have discovered a new type of virus, which is distributed through the Facebook Messenger application. The malicious bot uses a lot of infected computers for cryptocurrency mining at the expense of the affected users. New malicious software distributed through Facebook Messenger, called Digmine. Like many similar exploits, the bot uses infected systems to run one of Monero's most beloved hackers.

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