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Facebook Wants Engineers And Researchers For Blockchain Team

PYMNTS

Social media giant Facebook is looking to grow its blockchain team, according to a report. Facebook already has about a dozen people working on blockchain and cryptocurrency. The company has been exploring blockchain use cases recently, so the announcement of its intent to expand the team was expected.

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Thomson Reuters Unveils Bitcoin Chatter Gauge

PYMNTS

As cryptocurrencies fuel discussions on forums and news websites, a new version of a Thomson Reuters Corp tool will capture online chatter around bitcoin. According to Google’s data, searches for the term have plummeted by 80 percent since the cryptocurrency’s high in Dec.

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Data Worries Keep Facebook Crypto Partners At Bay

PYMNTS

CoinDesk spoke to seven knowledgeable sources about GlobalCoin, also known as Project Libra, revealing that the project’s software has been delayed because of potential blockchain partners’ reluctance to work on something that doesn’t appear to be a true cryptocurrency.

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Bitcoin Daily: IADB Tests Blockchain For Registering Land; Crypto Platform Bakkt To Team With Starbucks For Mobile Payments Pilot

PYMNTS

“We need to work with our governments in Latin America to show them the potential of the technology,” said Eirivelthon Santos Lima, the project director of IADB’s environment, rural development and disaster risk management division in La Paz, Bolivia. I personally don’t believe Libra will succeed,” he said.

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FDIC issues cease and desist letters alleging false or misleading representations about deposit insurance on crypto-related products

CFPB Monitor

each of these companies made false representations—including on their websites and social media accounts—stating or suggesting that certain crypto–related products are FDIC–insured or that stocks held in brokerage accounts are FDIC–insured.” According to the FDIC’s press release , “[b]ased upon evidence collected.,

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The 2023 GonzoBanker Awards

Gonzobanker

The Financial Branding Quote of the Year Award – goes to Piper Sandler’s Scott Hildenbrand : “Every bank has a peer group to compare their financial ratios, but bank leaders should also have a social media peer group.” The Holy Crap Operational Risk Award – goes to the growing threat of ransomware with bank technology vendors.

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Fintech Fundings: 12 Companies Raise $205 million Week Ending June 18

Fintech Labs Insights

Social cryptocurrency . Compliance & risk-management technology. Tags: Risk management, security, regulation, compliance. HQ: San Francisco, California. Latest round: $ 1.5 Total raised: $ 1.5 Source: Crunchbase. HQ: Dublin, Ireland. Latest round: $1.1 Total raised: $1.1