News with the tag "David Marcus"

The co-creator of Meta’s ill-fated crypto payment project Libra says a political hit job stymied their efforts. David Marcus says Libra, later renamed Diem, would have “solved global payments at scale.” The tech executive notes his team spent months briefing “key regulators” in the US and abroad pri...

David Marcus , former chief of now-defunct Facebook Libra stablecoin project , has openly revealed how the Biden administration killed the project despite passing all regulatory checks. In his detailed post “ How Libra Was Killed “, Marcus provides a complete overview of the political slugfest. He a...

Nubank, Latam’s most valuable bank, has partnered with Lightspark, a cryptocurrency-focused financial services company, to bring its customers access to Lightning Network transactions. With this partnership, Nubank expects to lower costs and get more flexibility for users to take advantage of its tr...

Lightspark will also integrate the Universal Money Address standard for Nubank, which gives an email-like address for users to send and receive money.

David Marcus, CEO of Lightspark, a company that offers lightning network (LN) related services, has stated that LN will become the “interoperability neutral settlement layer” for the world. Marcus declared that only Bitcoin is “neutral enough” to be implemented as the enabler between national paymen...

David Marcus, the former president of Paypal and the current CEO of Lightspark, envisions bitcoin as the primary currency for artificial intelligence (AI) in the future. He describes bitcoin as “maximally neutral,” highlighting its advantages over conventional fiat currencies like the euro or the U....

As cryptocurrencies proliferate and become more popular in the mainstream, particularly the most famous crypto asset and the sector’s representative, … Continue reading The post Former PayPal President says Bitcoin ‘will be the native currency of AI’ appeared first on Finbold .

In a significant revelation, David Marcus, the former executive at Meta (formerly Facebook), has foreseen a potential paradigm shift at the intersection of digital currency and AI agents. Marcus, renowned for his insights into the tech industry, boldly predicts that Bitcoin, the pioneering cryptocur...

David Marcus, co-founder and CEO of Lightspark, an institutional Lightning Network (LN) payment solutions provider, referred to the state of custodial and non-custodial transactions on the network. While Marcus believes that custodial LN for institutions is ready for prime time, he acknowledged that...

Libra co-creator David Marcus says Bitcoin’s alternatives are too centralized and not secure enough. Lightspark CEO David Marcus is apparently a big fan of Bitcoin (BTC), as he believes that the cryptocurrency made by Satoshi Nakamoto is the only “viable…