By CCN: Zcash developer Zooko Wilcox, who has previously opined that cryptocurrencies can be used to evade taxes, posted an “unpopular opinion” to Twitter today: Facebook’s crypto project is “awesome.” Facebook Coin: “Awesome”? Unpopular opinion: I think the fact that Facebook is working on a crypocurrency is awesome. — zooko (@zooko) May 24, 2019 Facebook’s…

Apple co-founder Steve Wozniak is not a crypto investor, but praised bitcoin for its “massive value creation.” He also trashed Facebook CEO Mark Zuckerberg, saying he lost respect for the billionaire amid the social media monopoly’s epic data-breach scandal. Wozniak made the bombshell remarks in a February 26 interview with Bloomberg (see video below, starting…

Facebook appears to be getting more serious about blockchain, having recently named an engineering director dedicated to the technology. The social media giant has appointed one of its senior engineers, Evan Cheng, as its first “director of engineering, blockchain.” The new position was first reported by TechCrunch and confirmed by Facebook on Thursday. According to…

Facebook may be interested in creating its own cryptocurrency. That’s according to a report on Friday by the online video news network Cheddar that cited unnamed sources. A possible Facebook cryptocurrency would let the company’s users more easily buy goods from each other through the social network “without government currencies” the report said. It’s unclear…

Facebook is banning all ads that promote cryptocurrencies, including bitcoin, in an effort to prevent people from advertising what the company is calling “financial products and services frequently associated with misleading or deceptive promotional practices.” That means no advertiser — even those that operate legal, legitimate businesses — will be able to promote things like…