Tag Archives: Bloomberg

Facebook Is Developing a Cryptocurrency for WhatsApp Transfers, Sources Say

The first focus will be on the remittance market in India, as Facebook works on its blockchain strategy. [Sarah Frier and Julie Verhage/Bloomberg]

And today I learned what a “stablecoin” is — intriguing concept that removes one of the big flaws of cryptocurrency.

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Bruce Schneier is skeptical of the Bloomberg supply-chain attack on Apple and Amazon servers, among others. He said if it was true, we’d have seen a photo of the chip by now.

That raises a good thumb rule for judging the veracity of any explosive investigative report. Particularly high-profile sexual harassment charges, like Bill Cosby and Harvey Weinstein. Corroborating reports start to come out after the initial expose.