In this cryptocurrency news update, we look at the latest crypto updates from around the globe. Social media giant Facebook has decided to create a blockchain team led by former Facebook messenger executive David Marcus. With experience in the payments space and cryptocurrency exchange Coinbase, are these early signs for Facebook’s foray into cryptocurrencies? It is also noteworthy that mark Zuckerberg had revealed back in January that he is learning about cryptocurrencies. Canaan Creative, China’s second largest Bitcoin Mining hardware manufacturer is planning a $1 Billion IPO in Hong Kong. This will be the biggest ever blockchain-related IPO in Hong Kong. Closer home, Zebpay exchange has started trading Augur on its platform today. Augur, which allows users to make predictions on its platforms by staking its REP token, is the 11th cryptocurrency to be listed on the exchange. Lastly, we look at early Bitcoin investor and self-professed disciple of Warren Buffett and Charlie Munger, Chamath Palihapitiya, who has spoken out against their latest incriminating comments on Bitcoin.
References:
Facebook is launching a new team dedicated to the blockchain. Messenger’s David Marcus is going to run it.:
China’s 2nd Largest Bitcoin Mining Hardware Producer Plans To Launch $1 Bln IPO In Hong Kong:
Zebpay announces the launch of Augur (REP):
What is Augur?:
‘Disciple’ Of Buffett, Palihapitiya Bullish On BTC Despite His Mentor’s Grumblings:
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