David Marcus will be leaving his leadership role at Messenger to oversee a new Facebook team focused on blockchain technology, according to Recode. The team, which will reportedly have less than a few dozen employees, will include James Everingham, vice president of engineering at Instagram, and Kevin Weil, Instagram’s vice president of product. Stan Chudnovsky,
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The CEO of Binance, the world’s largest cryptocurrency exchange, believes that initial coin offerings (ICOs) are set to supplant traditional venture capital as the primary method through which early-stage startups finance their growth. Writing in a blog post titled “ICOs — Not Just ‘Good-to-Have,’ But Necessary,” Zhao praised the virtues of ICOs, explaining from first-hand
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