Facebook's David Marcus Resigns From Coinbase Board in Blockchain Push
- Facebook may release its own cryptocurrency, analysts say
- Rival Kik has already raised money selling a blockchain token
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Facebook Inc. executive David Marcus resigned from Coinbase Inc.’s board, a sign the social network operator is pushing ahead with its own blockchain work.
Marcus quit on Friday, citing a new group he oversees at Facebook that’s exploring potential blockchain uses. "I’ve decided it was appropriate for me to resign from the Coinbase board," he said in a statement. CoinDesk, a blockchain news website, earlier reported the move.