• Facebook
    Bitcoin,  Cryptocurrencies,  Technology

    Winklevoss brothers cheer the thing that could destroy Bitcoin

    The ‘Facebook coin’ is part of a bigger project that could have dire consequences for the rest of crypto

    TL;DR: Facebook isn’t merely developing a coin. What’s happening appears to be a massive shift in the social media giant’s entire business and crypto is merely a part of the bigger picture.

  • Facebook
    Cryptocurrencies,  Innovators

    Facebook gets super serious about blockchain

    The $518 billion company reorganizes, makes major talent investment in blockchain technology

    David Marcus, the man who ran Facebook Messenger, has been reassigned to run the tech behemoth’s blockchain initiative. Mark Zuckerberg wasn’t kidding when he said back in January about blockchain technology, “I’m interested to go deeper and study the positive and negative aspects of these technologies, and how best to use them in our services.” Well, O.K., he’s probably not going deeper and studying anything but Zuck sure seems to be throwing some of his best people on to it. And Marcus seems to be the right fit for the job. Besides being on the board of directors of Coinbase, he was also a former president of PayPal. He announced…