David Marcus, former cryptocurrency head at Meta, is launching Lightspark, another payments company that will use crypto as its central payment tool. The startup, which will have Marcus at the helm as CEO, also features some of Meta’s former employees and will explore the possibilities of....
PayPal is often seen as an enemy to the bitcoin ecosystem. But the man heading the company, David Marcus, seemingly has some high hopes for bitcoin's future. Speaking at LeWeb in Paris on Tuesday, Marcus suggested that bitcoin has a better chance of catching on in the future than a technology....
David Marcus, PayPal President stated that the company was thinking a lot about bitcoin. David Marcus, president of EBay Inc.'s PayPal unit, talks about mobile payment security and the prospects for virtual currency bitcoin. He speaks to Guy Johnson on Bloomberg Television's show called "The....
Bitcoin has more potential to revolutionize commerce than near-field communication (NFC) technology does, PayPal president David Marcus said at the LeWeb conference in Paris today. Marcus stressed he is a big fan of bitcoin and has a personal stash of the digital currency, but said the majority....
This is really interesting. The PayPal president Marcus David has gone out in public telling us that they have no policies against using PayPal to buy and sell mining rigs AND that he and PayPal actually believes in Bitcoin. If this is good news or not for the current Bitcoin price is unsure. It....
Meta’s Diem co-creator David Marcus said that he was a “big fan of Bitcoin,” calling it digital gold back in 2019. 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....
David Marcus, head of Facebook Financial (F2) who is in charge of crypto project Diem, formerly Libra, believes that the Chinese government cracking down on bitcoin mining is “a great development” for the cryptocurrency. Many people in the crypto space agree with him.....
Another one bites the dust. David Marcus stepped down as the head of Novi, Meta/ Facebook’s fintech division. The company’s first order of business was to create a cryptocurrency, but regulators around the world were not keen on the idea. After a few missteps and name changes, they finally....
“When you have a good crypto wallet like Novi will be, you also have to think about how to help consumers support NFTs,” Facebook’s David Marcus said. As Facebook now finalizes the development of its proprietary cryptocurrency wallet, Novi, the social media giant could soon be supporting....
It's most definitely interesting to see the chief of a financial company say something decent about bitcoin. After all, one would expect a CEO to do what he or she could to destroy the competition. But David Marcus, PayPal president, is different. In a blog post Wednesday, Marcus said that he....
Head of “Facebook Coin,” David Marcus discussed the up-and-coming Novi wallet, saying users do not need to worry about security or privacy. However, Facebook’s reputation on both counts is somewhat in the gutter. As such, Marcus may well be trying to achieve the impossible in....
In explaining his decision to leave Meta, David Marcus said that his entrepreneurial DNA had been nudging him “for too many mornings in a row to continue ignoring.” David Marcus, the head of Meta’s cryptocurrency and fintech unit Novi, will step down from his role by the end of 2021.Taking over....
Earlier today, Andrew Aude, a Stanford Computer Science student, posted to twitter with pictures of Facebook Messenger's new P2P "FB Payments" functionality. Aude and other commentators likened Facebook's new payment system to SquareCash or Venmo. FB Payments has been in the making for a long....
Former Head of Payments David Marcus stated that Bitcoin is set to become the most critical network to take payments to a new era. Marcus believes the global payment infrastructure is absolute and will benefit from integrating with the cryptocurrency. Related Reading: Weekly Bitcoin And Crypto....
Earlier today, David Marcus (The current President of Paypal) tweeted: To clarify: we have no policies against using PayPal to sell Bitcoin mining rigs. We don't support any currency txn whether fiat or BTC... ...for a host of regulatory issues. But we treat BTC and any FX txn the same way.....
According to David Marcus of Facebook, you must seek out ways to clients support NFTs if there is a good cryptocurrency wallet such as Novi. After completing Facebook’s exclusive crypto wallet Novi, the top-notch social media magnet, will likely support NFTs (non-fungible tokens) very....
In a captivating revelation during the “What Bitcoin Did” podcast with Peter McCormack, David Marcus, the former spearhead of Facebook’s Libra project and now CEO & co-founder of Lightspark, made intriguing comments about Facebook’s CEO, Mark Zuckerberg’s....
PayPal president David Marcus took to twitter Monday morning to make some things clear on his company's stance on digital currency bitcoin. His message comes as seemingly the entire bitcoin community has convinced themselves the money transmitter is anti-bitcoin, with policies that do not permit....
Marcus shares his honest thoughts on the crypto market, as well as declaring that Novi is ready to launch. In a newly published Medium piece titled "Good stablecoins, a protocol for money, and digital wallets: the formula to fix our broken payment system", Facebook’s crypto pioneer David Marcus....
In an interview with CNBC on Monday, David Marcus, former President of Paypal and Head of Facebook Payments, expressed his belief that Bitcoin (BTC) is the universal protocol for money on the internet. He emphasized Bitcoin’s significance as the flagship cryptocurrency and its core value....
David Marcus, an executive in Facebook, released the regulatory information concerning Novi. The update states the current status of Diem’s crypto wallet. Through a recent blog post, Marcus confirmed the approval for Novi in almost every state in the United States. Also, he revealed that....
David Marcus, former lead of Facebook Messenger, announced the creation of Lightspark, a Lightning Network infrastructure company.
eBay chief executive John Donahoe has confirmed the e-commerce giant is looking at ways to integrate bitcoins into its PayPal payments network. "It's a new disruptive technology, so, yeah, we're looking at bitcoin closely," Donahoe said in an interview with the Wall Street Journal. "There may be....
Another one bites the dust. The Diem project is dead, according to Bloomberg. The report comes from anonymous sources and does its best not to assure anything. However, considering the project’s head David Marcus left the company two months ago and Diem’s convoluted history, it’s not hard to....
The social media giant has rebranded in hopes of scoring regulatory approval. Global regulators should grant Facebook-backed cryptocurrency Diem “the benefit of the doubt” to greenlight its launch in 2021, a top executive at Facebook Financial said.David Marcus, the head of Facebook Financial,....
Ethereum’s decentralized finance (DeFi) space has received a lot of attention in recent months. This sector of the crypto space has seen a rapid uptick in capital involved as the yields and incentives to use these DeFi applications have increased at a dramatic clip. Data shows that the....
The topic of bitcoin is going far beyond niche web forums, social sharing websites, and enthusiasts' circles. It's already become a talking point in the finance industry (and others). And with more and more companies discussing how bitcoin can fit into their future plans, we're getting....
The Carlyle Group’s co-founder, David Rubenstein, says that the idea of the government stopping cryptocurrency from being something that investors want is unrealistic. He believes that cryptocurrency is here to stay. It’s not going away as “It’s clearly something that the....
David Rubenstein, the founder of Carlyle Group, one of the largest investment firms managing over $300 billion, says he was skeptical of crypto but now believes that “the genie is out of the bottle” and the crypto industry is not “going to go away anytime soon.” David....
David Berger, founder and CEO of the Digital Currency Council (DCC), will speak at Inside Bitcoins New York on April 29, 2015, Day 3 of the event. David shares some insights into the event and speaks on behalf of the company’s continuing education partnership with Inside Bitcoins. At Inside....