Mosaic’s Weekly Cryptoasset Roundup — May 14, 2018

Vicki Joseph

Contributor
Mosaic constantly monitors a wide range of sources for cryptoasset news and summarizes the most interesting items in a daily newsletter. In addition, we are now providing this weekly roundup which draws together and analyzes our favourite news and features of the week. Subscribe to our daily newsletter to stay up todate with cryptoasset news.

Facebook launches team dedicated to blockchain technology

The big story covered in our daily newsletter this week was that Facebook had launched a new team dedicated to blockchain technology. Facebook announced, amongst a executive team reshuffle, that David Marcus, their former VP of Messenger, would be leading a new internal team dedicated to exploring blockchain technology. David Marcus was joined by Instagram’s VP of Engineering, James Everingham and Instagram’s VP of Product, Kevin Weil to help spearhead the team. Marcus has a wealth of payments experience in his previous role as President of PayPal and he’s currently a member of Coinbase’s board of directors.
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