Search
Lightspark’s CEO David Marcus Recognizes Current Non-Custodial Lightning Network Solutions Imply ‘Some Form of Compromise’
22.11.2023
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...
Ex-PayPal President David Marcus Labels Bitcoin as Sole 'Neutral Internet Money'
13.10.2023
On Wednesday, David Marcus, the former president of PayPal and ex-vice president of Facebook, stated that Bitcoin stands alone as the only form of "neutral internet money" in existence during an episode of the What Bitcoin Did podcast....
Read More: Ex-PayPal President David Marcus Labels Bitcoin...
Lightspark CEO David Marcus Profiles Bitcoin as Global Payment Network
13.9.2023
David Marcus, CEO of Lightspark and co-creator of Diem, Meta’s failed cryptocurrency project, explained his intentions of turning Bitcoin into a global payments network. Marcus explained that there was no universal protocol for sending value over the internet and that we were still in...
Former PayPal President Davis Marcus Says People Won’t Use BTC to “Buy Things” – Here’s What You Need to Know
12.9.2023
David Marcus, former PayPal President and present CEO of the Lightning Network infrastructure company Lightspark, says his firm is aiming to transform Bitcoin (BTC) into a global payment network.
In a recent interview on CNBC's Squawk Box, Marcus pointed out that while connecting with people...
Coinbase Looking to Add Lightning Network Support
4.8.2023
Coinbase, one of the largest U.S.-based cryptocurrency exchanges, is moving to add support for Lightning Network on its trading platform. Brian Armstrong, CEO of Coinbase, confirmed that the exchange was looking into the best ways to achieve this task, reaffirming his support for bitcoin payments....
Lightspark CEO David Marcus States Building on Bitcoin’s Lightning Network Is ‘Incredibly Complex and Hard’
1.8.2023
David Marcus, CEO of Lightspark, a company that builds business-grade solutions to facilitate payments on top of the Lightning Network, shared his experience in developing on top of the Bitcoin scaling layer. Marcus stated that it is “incredibly complex and hard to build software around this...
Ticketmaster Launches NFT-Gated Ticketing Service for Avenged Sevenfold Shows
28.3.2023
Ticketmaster, the global provider of event ticketing services, has launched “token-gated sales,” allowing fans access to concert tickets using non-fungible token (NFT) technology. The first to use the service is the metal band Avenged Sevenfold (A7X), whose “Deathbats Club”...
Xapo Bank Integrates Lightning Network Payments Through Lightspark Partnership
2.3.2023
On March 2, Xapo Bank announced its partnership with Lightspark, a company led by David Marcus, former crypto boss at Facebook. The partnership aims to extend the utility of bitcoin and the Lightning Network. Xapo revealed on Thursday that it is the first fully licensed private bank to offer...
PayPal says policy to punish users for misinformation was 'in error'
10.10.2022
Despite the retraction, the crypto community said the policy is a perfect example of why decentralization and self-custody of funds are so important
FTX Founder Sam Bankman-Fried Thinks Bitcoin Has No Future as a Payments Network
18.5.2022
Sam Bankman-Fried, the founder of the cryptocurrency exchange FTX, has given his take regarding the future of Bitcoin’s usage. Bankman-Fried stated he doesn’t believe that Bitcoin will work as a payments network, due to its limited capability for scaling to fulfill this task. However...
David Marcus Launches Bitcoin Payments Startup Lightspark
16.5.2022
David Marcus, former cryptocurrency head at Meta, is launching Lightspark, another payments company that will use crypto as its central payment tool. The startup, which will have Marcus at the helm as CEO, also features some of Meta’s former employees and will explore the possibilities...
Novi Launches Whatsapp Integration Pilot Program for Selected Users in the U.S.
10.12.2021
Novi, the remittance and payments initiative of Meta (formerly Facebook), has launched a Whatsapp pilot test for customers in the U.S. This means that a small number of Whatsapp users will be able to send and receive payments, as well as purchase digital dollars directly from the interface of...
Meta's head of crypto to step down at end of year
1.12.2021
In explaining his decision to leave Meta, David Marcus said that his entrepreneurial DNA had been nudging him “for too many mornings in a row to continue ignoring.”
Facebook’s David Marcus calls for “fair shot” at crypto payments
18.8.2021
Marcus shares his honest thoughts on the crypto market, as well as declaring that Novi is ready to launch
Facebook’s David Marcus: China’s Bitcoin Mining Crackdown ‘Great Development’ for BTC
22.6.2021
David Marcus, head of Facebook Financial (F2) who is in charge of crypto project Diem, formerly Libra, believes that the Chinese government cracking down on bitcoin mining is “a great development” for the cryptocurrency. Many people in the crypto space agree with him. Facebook’s...
Enter Facebook Financial: All Bases Covered From Crypto to Stablecoins
14.8.2020
There are multiple ways to approach digital payments, and Facebook wants to cover them all
Facebook Taps David Marcus to Lead Payments Initiatives
10.8.2020
Marcus will continue running Libra's Novi digital wallet as he takes on Facebook Financial
Libra Just Made a Bunch of Changes to Play More Nicely With Regulators
16.4.2020
Libra really, really wants to exist, so it’s starting to kowtow to regulations
David Marcus and His Calibrated Effort to Save Libra
16.2.2020
Calibra’s David Marcus quickly rose to prominence as one of the most important people in crypto in 2019
Libra Chief David Marcus Opens Up About Libra’s Potential to Outperform Other Anti Money Laundering Systems
30.10.2019
David Marcus, the spearhead of Facebook’s Libra Project bragged about the social media giant’s highly anticipated stablecoin and its potential to curb money laundering practices in the best possible way in comparison to the current payments systems. The Libra chief shared his views on...