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[NEWS BLOG]: Facebook Seeks Wallet Engineers As Blockchain Job Openings Top 30

Facebook is looking to hire more than 30 professionals to ramp up its blockchain work, including the Libra cryptocurrency.

The social media giant’s career website now lists 31 job openings requiring some blockchain expertise. Six of them are for Calibra, Facebook’s wallet app for Libra. These are all jobs for data scientists and engineers, who will analyze how users interact with Calibra and other Facebook services.

“The wallet will be the delivery vehicle for many financial services starting with personal payments, but expanding to online and offline commerce and eventually lending and personal financial management,” the job description says.

The blockchain team is - read more.


OTHER RELATED NEWS

Bitcoin Not Banned In India! Finance Minister Tells Parliament

Holding or trading cryptocurrencies like bitcoin is not banned in India, union minister Anurag Singh Thakur told the upper house of Indian parliament. The Minister of State to Ministry of Finance said the issues of permitting the trading of/in cryptocurrencies remains under examination of a government-appointed interministerial committee. He stressed that the Reserve Bank of India and the Ministry of Finance had issued a string of circulars and notices regarding the use of bitcoin and other similar coins. Nevertheless, only a final report from the committee could shed more light on the final status of such nascent asset class.

“Presently, - read more.

All 7-Eleven Stores Across the Philippines Now Sell Bitcoin

Cryptocurrency investment app Abra starts selling crypto for cash in all 7-Eleven stores across the Philippines with a new partnership with payment processor ECPay.

Crypto in 6,000 outlets in the Philippines.

Abra announced on Sept. 18 that the partnership will bring crypto to 6,000 retail outlets across the Philippines, including all 7-Eleven stores. The company says that the aim of the partnership is to make acquiring cryptocurrency easier: “Using new digital tools that open up financial access shouldn’t be hard. And they shouldn’t be complicated. Moving cash to crypto and other digital assets should be simple and fast. That’s why we are - read more.

Manny Pacquiao launches his own fan-backed cryptocurrency

Champion boxer Manny Pacquiao announced the launch of his own cryptocurrency at a concert in Manila on Sunday.

The cryptocurrency, called the Pac, will allow fans to buy merchandise and interact with Pacquiao -- the 40-year old boxer, Filipino Senator, and former basketball player -- via social media. 

The Pac behaves like a normal cryptocurrency in the sense that it provides a digitally tradeable token with a floating value secured by a decentralised ledger. But unlike other cryptocurrencies such as Bitcoin, the value of the Pac is touted as being backed by demand from Pacquiao's fan base for his merchandise. 

The Pac - read more.

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