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Facebook Crypto Project Gets Backed With $10M Each From Big Names

Stefan by Stefan
13/06/2019
in Blockchain News
Reading Time: 2 mins read
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Square Renames To Block, jack dorsey, twitter, app, blockchain
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Square Crypto that was hyped on social media turns out to be the real deal after they hired the Ex-director of Google and Silicon Valley angel investor Steve Lee. In the coming altcoin news today we read more on the new hire.

Less than a month has passed since Square Crypto announced their new hire and they finally announced it recently on Twitter. The fun began when the Twitter profile teased its followers by claiming to have hired someone named ‘’Gary’’ who simply loves blockchain but the team quickly followed up on the joke with the Truth. Steve Lee who goes under the nickname ‘’Moneyball’’, describes himself as the ‘’PM working to improve Bitcoin’’ who also stated to be very happy to work with Dorsey’s company.

Jack Dorsey also posted on Twitter an image of the ‘’historical bitcoin transactions’’ which spiked up the crypto community on Twitter. While the entire division at the company is now working only for Square Crypto, Dorsey seems to be very fond of the community. In the meantime, Bitwise CEO Hunter Horsley congratulated on the new hire:

“@moneyball is amazing. Can’t think of anyone better for this role. Congratulations @sqcrypto and @moneyball!!!”

Square Crypto is going on with the strategy to the vest since coming to the social media platforms in March. Since then, they have shown us multiple times that they are working on something that will be groundbreaking even for crypto. While they have the name ‘’crypto’’ in the company’s name, they are mainly focused on Bitcoin which make sense since Dorsey is expecting for the number one cryptocurrency to become the ‘’native currency’’ of the World Wide Web. The company stated:

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 “We are close to making our first hire. So let’s set some expectations. True to @jack’s founding tweets, we are building open source projects that will make mass adoption not just possible but inevitable. Our goal isn’t to make money, but to improve it.”

As it was explained previously in the latest cryptocurrency news, Dorsey’s team knows how to hype the community on Twitter after they even brought Tesla’s CEO Elon Musk into the heart of the conversations sometimes. Twitter, on the other hand, is at the totally opposite way of the crypto spectrum without indicating that they will ever integrate crypto.

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DC Forecasts is a leader in many crypto news categories, striving for the highest journalistic standards and abiding by a strict set of editorial policies. If you are interested to offer your expertise or contribute to our news website, feel free to contact us at [email protected]

Tags: crypto companyex-google directorfirst hirejack dorseynew announcementsilicon valley angel investorsquare cryptoSteve LeeTwitter
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Stefan

Stefan

Stefan has been writing articles for DCForecasts since 2016 in-house full time. As one of our main cryptocurrency writers, he focuses on covering the latest cryptocurrency news, technical charts, price analyses of coins and press releases. When he is not exploring and covering the latest topics in crypto, you can find Stefan playing basketball, tennis or cycling.

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