U.S. lawmakers repeatedly pressed Facebook's top blockchain exec to halt development of the Libra cryptocurrency in Tuesday's hearing.
For a panel about a proposed cryptocurrency, Tuesday's Senate Facebook hearing was light on actual crypto talk.
Facebook blockchain exec David Marcus told lawmakers he would be willing to accept 100 percent of his salary in Libra.
The Congressional hearings on Facebook's Libra are likely to focus more on the company's privacy failings than broad crypto policy questions.
Facebook's David Marcus told lawmakers its new libra cryptocurrency will not store or share personal financial information – with a few caveats.
In a note published Wednesday, Facebook blockchain lead David Marcus pushed back against calls to stop Libra's development.
Here's the complete story (so far) of Facebook's potentially transformative blockchain project.
David Marcus is stepping down from the board of directors at crypto exchange Coinbase, citing his new role at Facebook leading blockchain strategy.
Facebook is reportedly launching a team dedicated to blockchain technology, which will be spearheaded by Messenger's vice president David Marcus.
Facebook Messenger is unlikely to adopt cryptocurrencies soon, says vice president of messaging David Marcus.
