Back in May, while most Facebook-related reports still talked about the then-recent Cambridge Analytica scandal, Facebook quietly confirmed that a new unit led by former Messenger chief David Marcus would explore blockchain technologies.
At the time, we wondered whether Facebook was developing its own Bitcoin rival — a cryptocurrency that could be used inside its own products. A brand new report now says that Facebook is indeed planning to use crypto for payments inside the immensely popular WhatsApp messaging app.
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Bloomberg: Facebook’s Bitcoin rival will be used for WhatsApp money transfers originally appeared on BGR.com on Fri, 21 Dec 2018 at 17:32:38 EDT. Please see our terms for use of feeds.
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