07/06/19 06:36 UTC-4

Facebook: more than 100 employees working on a cryptocurrency project

Facebook is preparing to launch GlobalCoin
Facebook is preparing to launch GlobalCoin

Facebook continues to work on launching its own cryptocurrency, which should appear at the end of this month under the name Globalcoin.


The launch of Globalcoin

The company is almost ready to launch and plans to launch its own cryptocurrency this month. Facebook also mentioned that employees will be able to accept GlobalCoin as a method of paying salaries.

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According to CNBC: "Over 100 employees are currently working on GlobalCoin and Facebook continues to expand the team. The company has more than 40 vacancies for those who want to cooperate."

Facebook will also offer a global digital asset solution that can significantly speed up deployment through cryptocurrency integration, which is expected to be added to Facebook, Instagram and Whatsapp.

Facebook is preparing to release its own cryptocurrency at the end of the month. David Markus, the blockchain’s Facebook project manager, commented on the project, saying: "Our ultimate goal is to help billions of people get access to the things they don’t have now — it could be things like health care, fair financial services, or new ways to save."

Editor: Yuliya Soroka

See also: "The crypto-market is recovering, BTC is higher than $ 7.8 thousand dollars"

#Facebook #cryptocurrency #blockchain #GlobalCoin



31/05/19 09:56 UTC-4

Unplanned Cosmos cryptocurrency hard fork: vulnerability exclusion

​On May 31, an unscheduled hard fork took place in the Cosmos cryptocurrency network. It happened due to the discovery of the vulnerability of the coin’s blockchain network. Cryptocurrency developers, Tendermint, reported on the successful elimination of the error.

27/05/19 03:00 UTC-4

Bitcoin broke the annual cost record: cryptocurrency has grown over $8,800

​On May 27, the first cryptocurrency in terms of capitalization level, Bitcoin, beat its annual maximum rate. The maximum closing rates for yesterday's trading session were about $8,850. The line of resistance of the asset (for 1 day) moved up to 10 thousand US dollars.

Hypes, funds, fiat money