David Marcus News
13.10 / 18:31
Bitcoin Regulation
Ex-PayPal President David Marcus Labels Bitcoin as Sole 'Neutral Internet Money'
On Wednesday, David Marcus, the former president of PayPal and ex-vice president of Facebook, stated that Bitcoin stands alone as the only form of "neutral internet money" in existence during an episode of the What Bitcoin Did podcast.
01.08 / 07:18
PayPal
Meta Ceo
US election
Ex-PayPal President Endorses Trump, Advocates for Pro-Bitcoin Policies
David Marcus, former PayPal president and current Lightspark CEO, endorsed former President Donald Trump for re-election on Wednesday.
04.12 / 20:09
Ethereum
Stablecoin
ETF
education
Africa
Police
Bitcoin
2024
Crypto Execs Argue Bull Run Could Lead to $100,000 BTC in 2024 + More News
Get your daily, bite-sized digest of crypto and blockchain-related news – investigating the stories flying under the radar of today’s news.
19.09 / 12:51
Digital
Extreme
Platform
Enterprise
Investment
a16z
social
Bastion, Co-Founded by Former a16z Crypto Leaders, Raises $25M to Drive Web3 Adoption
Crypto startup Bastion has raised $25 million in a funding round led by venture giant Andreessen Horowitz’s crypto arm, a16z crypto.
13.09 / 08:43
Provident
Digital
CEO
Platform
ICE
Coindesk
Bitcoin
network
Bitcoin Price Prediction: Lightspark CEO David Marcus Envisions Bitcoin as a Global Payment Network
In the ever-evolving landscape of cryptocurrency, Bitcoin continues to hold its ground, currently trading at $25,952, reflecting a noteworthy 3% increase on this Wednesday.
12.09 / 11:05
BTC
PayPal
CEO
Bitcoin
Former PayPal President Davis Marcus Says People Won’t Use BTC to “Buy Things” – Here’s What You Need to Know
David Marcus, former PayPal President and present CEO of the Lightning Network infrastructure company Lightspark, says his firm is aiming to transform Bitcoin (BTC) into a global payment network.
12.09 / 00:09
business
Adoption
PayPal
Banks
Lightning Network
email
Bitcoin
Bitcoin will bring global payments out of the ‘fax era' — Ex-PayPal boss
While information today can be easily transferred over the internet via email or text, global payments on the other hand, have remained in a “fax era," according to the former president of PayPal.
10.05 / 09:37
30.04 / 09:59
Adoption
Lightning Network
Bitcoin
boost
Accessibility
Lightning Labs Unveils Upgrade to Boost Bitcoin Accessibility for Billions of People – Here's How it Works
Bitcoin infrastructure firm Lightning Labs has released an update to Litd, its node management tool, in order to make it easier for people to use the Lightning Network.
09.03 / 13:33
Provident
FIVE
PayPal
Bank
Bitcoin
Nubank
Brazilian Unicorn Nubank Hires Ex-Meta Crypto Chief David Lucas
Brazilian neobank Nubank, known for its crypto-friendly stance, has made headlines by hiring David Marcus, the former crypto chief at Meta (formerly Facebook), while simultaneously seeing a key member of its management team step down. The move comes hot on the heels of the bank's release of its own crypto asset.
01.01 / 20:31
markets
Altcoin
Bitcoin
Bitcoin Price
These 4 altcoins may attract buyers with Bitcoin stagnating
Bitcoin’s (BTC) volatility remained subdued in the final few days of the last year, indicating that investors were in no hurry to enter the markets.
01.01 / 02:03
BTC
Platform
Tesla
Bitcoin
Bitcoin Price Prediction as $15 Billion Trading Volume Comes In – Where is BTC Headed in 2023?
During the US session, Bitcoin price prediction is neutral as it's trading in a narrow range of $16,450 to $16,750. Lightspark's CEO and co-founder David Marcus disillusioned investors with his forecast for the industry in the next years. The damage done by "unscrupulous players" to Bitcoin and other cryptocurrencies, he said, would not be repaired until at least 2024.
31.12 / 12:15
markets
Predictions
Bitcoin
Bitcoin Price
end
'Crypto winter' won't end in 2023 — Bitcoin advocate David Marcus
Bitcoin (BTC) and crypto will need until at least 2024 to "recover from the abuse of unscrupulous players," says one of the industry's best-known names.
13.05 / 14:47
Bitcoin
Diem Co-Creator Shifts Focus to Bitcoin
David Marcus, former Meta executive and co-creator of Facebook’s now sold Diem project, has moved his focus to Bitcoin (BTC), unveiling a new company, Lightspark, established with the aim to explore, build and extend BTC’s capabilities and utility.
07.04 / 01:05
business
Facebook
lending
services
Meta may introduce tokens and digital currency lending services to apps: Report
Social media giant Facebook’s parent company Meta is reportedly planning to introduce virtual currency named after CEO Mark Zuckerberg as well as lending services to apps it owns, which may include Facebook, WhatsApp, Instagram, and Messenger.
23.02 / 10:01
08.02 / 02:31
BTC
Lowe's
Digital
Bitcoin
fall
Bitcoin could fall further, but will the ‘crypto winter’ be here for long
The month of January spooked the market amid a larger sell-off. While BTC depreciated by 50% and the market saw losses of hundreds of millions, the market, at press time, seemed to be on the path to recovery.
05.02 / 03:09
Facebook
Digital
Platform
Facebook (FB) Hopes to Launch Digital Currency in 2021
Facebook, Inc. (FB) is hoping to launch its cryptocurrency next year. David Marcus, head of Facebook Financial, or F2, told audiences at the Singapore FinTech festival that he hoped the company could participate in changing the financial services industry by launching Diem, Facebook's proposed digital currency for use on its social network, and Novi, the accompanying wallet for its Libra blockchain, on its platform.
02.02 / 13:31
Facebook
Government
Stablecoin
Bitcoin
Diem stablecoin co-founder praises Bitcoin for censorship resistance
Shortly after Meta, formerly Facebook, officially gave up on its stablecoin Diem, some of the key people in the project have become increasingly vocal about the uncensorable nature of Bitcoin (BTC).
01.02 / 08:01
Facebook
Silvergate
Facebook's cryptocurrency venture to wind down after asset sale to Silvergate
Silvergate Capital Corp, Diem said on Monday, ending the tech giant's ambitious push to get its billions of users transacting in its own currency. Silvergate said in a separate statement that it had paid $182 million for Diem's intellectual property and other assets. The sale was the culmination of several years of struggle for Meta's fintech unit, which lost most of its leadership, including director David Marcus, amid an exodus of staffers in the fall.
27.01 / 13:27
Facebook
cryptocurrency
Digital Currency
Meta
Facebook's cryptocurrency venture to wind down and sell tech assets
Meta Platforms Inc's digital currency venture Diem Association is winding down and selling its technology to California-based Silvergate Capital Corp for about $200 million, the Wall Street Journal reported on Wednesday, citing a person familiar with the matter. Meta, formerly Facebook Inc, first unveiled plans for Diem, known as Libra earlier, in June 2019, as part of an effort to expand beyond social networking into e-commerce and global payments. The project immediately ran into fierce opposition from policymakers globally, who worried it could erode their control over the money system, enable crime, and harm users' privacy.
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