Hendri Wigunah

Hendri Wigunah

Startup Founder & Millenial Entrepreneur

Libra will be regulated by Swiss – TechCrunch

The head of Facebook’s blockchain subsidiary Calibra David Marcus has released his prepared testimony before Congress for tomorrow and Wednesday, explaining that the Libra Association will be regulated by the Swiss government because that’s where it’s headquartered. Meanwhile, he says the Libra Association and Facebook’s Calibra wallet intend to comply will all U.S. tax, anti-money… Continue reading

We still don’t know how much of Libra Facebook owns – TechCrunch

The $10 million entry fee to join the Facebook-developed cryptocurrency’s Libra Association is merely a minimum. Members who’ll verify transactions can opt to invest more in exchange for more Libra Investment Tokens that will earn them dividends from the interest earned by the Libra Reserve after it pays for infrastructure and operations costs. If regulators… Continue reading

Facebook and eBay told to tackle trade in fake reviews – TechCrunch

Facebook and eBay have been warned by the U.K.’s Competition and Markets Authority (CMA) to do more to tackle the sale of fake reviews on their platforms. Fake reviews are illegal under U.K. consumer protection law. The CMA said today it has found “troubling evidence” of a “thriving marketplace for fake and misleading online reviews.”… Continue reading

YouTube will let bigot monetize if he removes link to homophobic merch – TechCrunch

YouTube has made the weakest, least courageous response to mass backlash regarding its ruling yesterday that right-wing personality Steven Crowder’s racist and homophobic attacks on Vox video producer Carlos Maza didn’t violate its policies. Now YouTube says it’s demonetized Crowder’s channel because his “pattern of egregious actions has harmed the broader community” …but it will… Continue reading