Facebook is in a good position to explore supporting NFTs through its new digital wallet, according to David Marcus.
Is diem what the world needs? "It's a start," economist Darrell Duffie says.
Novi’s David Marcus said Facebook deserves “a fair shot” at payments.
Facebook unveiled the Libra project a little over two years ago today. The original vision may have died but its legacy will live on.
Iran's push to license bitcoin mining could help it evade U.S. sanctions. But the plan is likely to help some of its people more than others.
Also: Grayscale reports an a rise in participation from pensions while Ripple's Garlinghouse reveals he attempted to settle charges with the SEC ahead of its XRP suit.
Bitcoin is currently more valuable than all but six of the world's publicly traded companies.
Libra might eventually get off the ground as early as January albeit in a more limited format.
Beller, 27, will become a general partner at NFX. She'd worked at a16z before joining Facebook.
The Libra Association, the organization developing the Facebook-backed cryptocurrency payments project, has hired a banking heavyweight with 25 years at HSBC.
The new general counsel is Libra's second in just three months.
The Thai government and pro-democracy protesters are at war over social media. Authorities blocked local access to a Facebook group that was critical of the monarchy. Young protesters now fear the military government is interfering with Twitter as well.
A former winner of Deal or No Deal has lost nearly $40,000 after a bitcoin investment company turned out to be a Facebook scam.
Marcus will continue running Libra's Novi digital wallet as he takes on Facebook Financial.
The corporate giants could soon face the wrath of cryptocurrency business owners in a lawsuit over the banning of crypto advertising in 2018.