Facebook’s Marcus Steps Down From Coinbase Board
David Marcus is stepping down from the board of directors at crypto exchange Coinbase, citing his new role at Facebook leading blockchain strategy.
Related Posts


Bitcoin News Roundup for Jan. 19, 2021
With more traders betting on bitcoin than tech stocks and ether briefly reaching an all-time high, CoinDesk’s Market’s Daily is back with the latest news roundup.Add Markets Daily to your Alexa Flash Briefing here.This episode is sponsored by Nexo.io.Today's stories: Bank of America’s January survey of fund managers indicated bitcoin is now seeing the most…

Visa Patent Filing Would Allow Central Banks to Mint Digital Fiat Currencies Using Blockchain
May 15, 2020 at 13:02 UTCCredit: Cineberg / Shutterstock.comVisa looks to be laying the groundwork for a future in which fiat currencies, like the U.S. dollar, could be easily turned into a central bank digital currency (CBDC).The California-based payments giant, which processes upwards of 100 million transactions every day on average, has filed a patent…

Prime Trust Lost $8M in Doomed Terra Stablecoin Investment, CEO Says
Crypto custodian Prime Trust invested millions in a stablecoin that then collapsed.CEO’s statement the latest in a series of mismanagement allegations to plague the crypto sector.Crypto custodian Prime Trust lost $6 million of client funds and $2 million from its own treasury in a doomed investment in the terraUSD algorithmic stablecoin, CEO Jor Law said…

Prime Trust Undercuts Rivals in Crypto Custody Race
news Prime Trust won’t charge its clients to custody digital assets any longer. The Nevada trust company announced Thursday that, effective immediately, it had lowered its fee for storing cryptocurrencies and tokens to $0, in line with what it charges to custody stocks and bonds. Prime Trust began to custody crypto assets last year, when it offered cold storage…

Is Reddit’s MOON Token Really 2000x Bigger Than the Global Economy?
Sep 30, 2020 at 10:07 UTCUpdated Sep 30, 2020 at 10:09 UTC(Antonio Zugaldia / Wikimedia Commons)A token for rewarding content on a specific Reddit forum now has the unusual honor of being thousands of times bigger than the entire global economy… kind of.MOON, a community token for the r/Cryptocurrency subreddit, technically has a market cap…

Indian Court Orders Scam Websites Using Crypto Exchange Mudrex’s Name to Be Taken Down
An Indian court has ordered the takedown of websites using Mudrex's brand to scam people. The Ministry of Communications was given a week to comply with the order. Cryptocurrency exchange Mudrex won a court order asking India's Ministry of Communication to take down as many as 38 websites using the company's name to carry out

Softbank, Baidu Lead $3 Million Funding for Ex-Googler’s Crypto Startup
Atlas Protocol is getting initial backing from Softbank China Capital and BV (Baidu Venture), who are betting on onchain data as a marketing asset.

PBoC Is Seeking Blockchain Talent to Help Build Its Central Bank Crypto
NEWS Oct 11, 2018 at 12:00 UTC The People's Bank of China (PBoC) is looking to recruit blockchain tech and legal experts as it continues development of its central bank digital currency. According to various employment ads posted on Tuesday, the central bank is currently hiring four engineers with expertise on system architecture, chip design, blockchain…