Facebook Acquires Blockchain Startup, Lawyers Might Sell QuadrigaCX to Settle Debts, & Other News

  • Facebook has reportedly acquired blockchain startup Chainspace in an "acquihire," or an acquisition of a company made primarily for the skills or expertise of its staff
     
  • The laptop of recently deceased Gerald Cotten will be given to creditors' lawyers, and the crypto exchange might be sold to satisfy debts
     
  • Major United States crypto exchange and wallet provider Coinbase is launching support for European Union residents to make fiat currency withdrawals to online payment system PayPal
     
  • EOS.io, the company responsible for the development of the fourth-largest crypto by market cap, EOS, has handed over bug bounties for five critical vulnerabilities this year
     
  • Four banks in the Islamic Republic of Iran have developed a gold-backed cryptocurrency called PayMon

    SPONSORED: Many employers have been left with hirer's remorse. Now, a blockchain startup is planning to verify resumes to check if a candidate's claims are true
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