Facebook Finally Reveals Own Cryptocurrency "Libra"

After plenty of speculation, Facebook finally announced its upcoming platform, Calibra, and its new cryptocurrency Libra. Governed by the Libra Association, which comprise of co-founders such as Uber, Lyft, PayPal, and Facebook itself, the Switzerland-based organization will manage the new platform independently and as a non-profit entity.The 28 co-founders promise to "manage and evolve" the blockchain (Libra Blockchain) built global currency with its reserve of Libra Reserve assets. While Faceb...