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Facebook’s Cryptocurrency GlobalCoin Will Reportedly Be Announced This Month

https://www.cryptoglobe.com/latest/2019/06/facebooks-cryptocurrency-globalcoin-will-reportedly-be-announced-this-month/

Social media giant Facebook is reportedly planning to announce its cryptocurrency, GlobalCoin, later this month, June 2019, and could even allow employees working on the project to accept payment in the cryptocurrency, which is said to be a stablecoin pegged to the US dollar.



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Facebook’s Cryptocurrency GlobalCoin Will Reportedly Be Announced This Month

https://www.cryptoglobe.com/latest/2019/06/facebooks-cryptocurrency-globalcoin-will-reportedly-be-announced-this-month/

Social media giant Facebook is reportedly planning to announce its cryptocurrency, GlobalCoin, later this month, June 2019, and could even allow employees working on the project to accept payment in the cryptocurrency, which is said to be a stablecoin pegged to the US dollar.

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Co-founder of NFT renting protocol Rentable World emiliano.eth shared the group Tuesday morning on Twitter, calling out the "degenerate" community, or crypto obsessives that engage in high-risk trading. For crypto enthusiasts, there was the “gm” app, a self-described “meme app” which only allowed users to greet each other with “gm,” or “good morning,” a common acronym thrown around on Crypto Twitter and Discord. But the gm app was shut down back in September after a hacker reportedly gained access to user data. Ng Man-ho, a 27-year-old computer technician, was convicted last month of seven counts of incitement charges after he made use of the 100,000-member Chinese-language channel that he runs and manages to post "seditious messages," which had been shut down since August 2020. The visual aspect of channels is very critical. In fact, design is the first thing that a potential subscriber pays attention to, even though unconsciously. “[The defendant] could not shift his criminal liability,” Hui said.
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