US: Facebook Acquires First Blockchain Startup by Buying Chainspace, a Smart Contract Platform

Bitcoin Exchange Guide

Facebook has reportedly made its first acquisition in the blockchain industry. Although the news has not yet been confirmed by the social media giant, Facebook has reportedly hired the team behind blockchain startup Chainspace. The news is being reported online by blockchain industry news website Cheddar, which posted the story on Monday afternoon. Cheddar cited “people familiar with the matter”, claiming that Facebook had hired most of the core team behind Chainspace but none of the company’s technology.

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