Alt-right clown Milo Yiannopoulos got kicked off of crypto trading platform Coinbase in just three minutes—a record no doubt. He had previously been banned from funding site Patreon after just one day. Unlike a digital crypto wallet, the U.S.-based exchange follows a strict KYC (know-your-customer) protocol that involves submitting proof of ID to get your Coinbase Pro account working. So while Bitcoin is free and open, Milo’s ability to link it to a U.S. bank account is not.
Wuabit will bring its cryptocurrency wallet for WhatsApp messaging service in public beta next month, Britain’s Express reports. With a reported 1.5 billion WhatsApp users worldwide, that would give it a massive potential user base.
Facebook is working on their own currency: a stablecoin, pegged to a mainstream currency. It will likely get rolled out first to users of WhatsApp, which could use this currency to send money to friends and family instantly. But will the currency they ultimately use have any value outside of the platform?
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…