Facebook scoops up blockchain startup Chainspace talent in apparent acquihire - SiliconANGLE

Facebook scoops up blockchain startup Chainspace talent in apparent acquihire - SiliconANGLE

Update: 2019-02-04 20:13 GMT
  • Facebook scoops up blockchain startup Chainspace talent in apparent acquihire by Duncan Riley
  • Facebook Inc. has purchased a blockchain startup called Chainspace in an apparent acquihire, according to reports.
  • In an acquihire, a company acquires another company for the talent rather than for the technology.
  • In December it was reported that Facebook is designing a stablecoin, a cryptocurrency with a set value, for use with its WhatsApp messaging app.

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