TL;DR: Welcome to In Case You Missed It (ICYMI), a daily crypto update from your favorite reporter, Linzerd. Facebook seeks 20+ jobs for its blockchain division. Robinhood acquires MarketSnacks media outlet. Almost half of Justin Sun’s new followers are fake. Yahoo’s Taotao exchange set to launch next May. Tim Draper predicts 1,000x growth in the cryptocurrency market, and CoinText looking for testers in Venezuela.
Facebook Hiring 20+ for Blockchain Division
Facebook is looking to grow its blockchain-based division. Even with having more than 50 people already reportedly working on this product locked away in a different facility, they are looking for 20+ people for blockchain related jobs such as data scientist, software engineer, and product designer, among others.
Robinhood Acquires Media Company MarketSnacks
Robinhood, the no-fee trading app, made its first acquisition buying a media company that focuses on younger traders called MarketSnacks. The media outlet, now renamed Robinhood Snacks, will be used by the exchange to reach their customers and bring easily understandable and fun news and market insights to traders. Details of the purchase were not disclosed.
Almost Half of Justin Sun’s New Followers are Fake
~20K of @justinsuntron’s most recent 50K Twitter followers are accounts which were created this month
Many of them look like these pic.twitter.com/wux70mfXB6
— geoff golberg (@geoffgolberg) March 23, 2019
A study of Justin Sun’s newer Twitter followers claims an important number is fake or at least suspected of being so. According to Geoff Goldberg, 20K of some 50K new accounts that actively follow the TRON CEO are zero-day accounts with almost no followers or twits. Geoff showed a sample of 16 new accounts only following Justin Sun. Sun has the first crypto account with more than 1 million followers on Twitter.
Yahoo’s Taotao Exchange to Launch in May
Taotao, a cryptocurrency exchange in Japan where a Yahoo subsidiary has about 40% ownership, will launch activities next month, offering trading services for a limited number of cryptocurrencies. At launch it will list Bitcoin, Ethereum, Litecoin, Bitcoin Cash and Ripple, featuring margin trade for all of these currencies after having obtained regulatory approval from the FSA. The exchange is already open, offering a giveaway scheme for early customers.
Tim Draper Predicts 1,000x Growth for the Crypto Market
Tim Draper, the legendary bitcoin investor, dropped another cryptocurrency forecast. In a recent speech, he declared his “belief is that over some period of time the cryptocurrencies will eclipse the fiat currencies. So we’re looking at about a thousand times on what we’ve got now.”
Cointext Testing Services in Venezuela
Do you live in #Venezuela?
We need your help testing our new integration for transacting #crypto using text messages.
Send us a direct message on Twitter.
— CoinText (@CoinText) March 25, 2019
CoinText allows users to send crypto through text messaging, and without the need for a smartphone. It’s now reportedly looking for testers in Venezuela. The platform that allows making transactions with just sending SMS had faced difficulties to integrate their services due to the state of the communications in the country, but these tests could imply the launch of CoinText in Venezuela is near.
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