Facebook Aggressively Hiring Blockchain Devs, Discussed Launching Cryptocurrency

Facebook has embarked on an aggressive hiring spree to woo crypto experts to expand its blockchain group amid speculation that the social media monopoly is considering launching its own cryptocurrency.

Facebook formed its blockchain unit in April 2018 with David Marcus, the former president of PayPal and VP at Messenger. Marcus is a longtime cryptocurrency advocate and a former board member at Coinbase, the largest US-based cryptocurrency exchange.

FB’s blockchain group now has 40 employees — including a half-dozen ex-PayPal executives that Marcus poached from his former employer, Cheddar reported.

Reference: https://www.ccn.com/facebook-aggressively-hiring-blockchain-devs-discussed-launching-cryptocurrency-report/

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