• Facebook Messenger Exec David Marcus Leaves Coinbase Board, Fueling Speculation About Cryptocurrency Plans

    8 days ago - By Fortune

    David Marcus, the former head of Facebook's Messenger team who now leads a blockchain-focused group within the social media giant, announced Friday that he would step down from his seat on the board of cryptocurrency trading platform Coinbase. The move, according to Facebook , was made to "avoid the appearance of conflict" between Marcus' two roles.
    Though Facebook has not revealed any specific plans to use the decentralized ledger technology behind Bitcoin, Marcus stepping down at Coinbase suggests that Facebook's blockchain ambitions are ongoing and serious. Possible plans could include...
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