Nicholas Weaver

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Nicholas Weaver is a senior staff researcher focusing on computer security at the International Computer Science Institute in Berkeley, California, and a lecturer in the Computer Science department at the University of California at Berkeley. All opinions are his own.

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Cyber & Technology

Facebook’s Cryptocurrency: Stop It Before It Starts

On June 18, Facebook announced its forthcoming cryptocurrency, Libra. The company says it intends to integrate it into Facebook’s Messenger and WhatsApp products. Although Facebook says it has created an “independent” subsidiary, Calibra, and purports that the currency itself will be controlled by an independent Libra Foundation, the coin is really a Facebook project.