Hodler's Digest, February 4–10: Top Stories, Price Movements, Quotes and FUD of the Week | | Cryptocurrency news. Breaking news on cryptocurrency.
The mystery around embattled crypto exchange QuadrigaCX deepens, and Facebook acquires a blockchain startup. Top Stories This Week Facebook Reportedly Acquires Blockchain Startup in First Blockchain-Related Acquisition Social media network Facebook has reportedly acquired blockchain startup Chainspace in its first apparent blockchain-related acquisition. According to news outlet Cheddar, the acquisition is considered an "acquihire," or an acquisition of a company made in order to get the skills or expertise of its staff, as opposed to the company's service or products. According to Cheddar, four of the five researchers that worked on Chainspace's academic white paper will be joining Facebook. Facebook had told Cheddar that it had not acquired any of Chainspace's technology. Leaked Mt. Gox Info Purports to Show $318 Million in Bitcoin, Bitcoin Cash on BitPoint According to leaked documents reportedly showing the rehabilitation proceedings of defunct cryptocurrency exchange Mt. Gox, the
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