Posts in category

David Marcus


David Marcus is stepping down from the board of directors at cryptocurrency exchange Coinbase, citing his new assignment at Facebook leading the social media giant’s blockchain strategy. Marcus, a vice president at Facebook since 2014, joined the board at Coinbase, now valued at $8 billion, in December of last year. At the time, CEO Brian Armstrong said …

0 38

Social media giant Facebook is launching a team dedicated to exploring blockchain technology. The initiative will be spearheaded David Marcus, who has served as the company’s vice president for its Messenger app division. Marcus is a former president of PayPal. “After nearly four unbelievably rewarding years leading Messenger, I have decided it was time for …

0 42

Facebook Messenger is unlikely to embrace cryptocurrency payments anytime soon according to David Marcus, Facebook’s vice president of messaging. In a recent interview with CNBC, the former president of PayPal pointed to perceived issues with existing cryptocurrencies, specifying high transaction fees and slow transaction times as reasons why the product isn’t likely to introduce the …

0 38

Digital currency exchange startup Coinbase has announced the appointment of a Facebook executive to its board of directors. In joining the board, David Marcus, vice president of messaging products at Facebook, will bring years of experience in building large-scale mobile products, according to a Coinbase statement posted yesterday. Previously president of online payment giant PayPal, Marcus …

0 43