Facebook has met with cryptocurrency exchanges Coinbase and Gemini—the latter of which was founded by the Winklevoss twins—to discuss its plans to create a cryptocurrency. A secretive unit of the social media company has been working over the past year to build a cryptocurrency that would allow users to exchange money within Facebook, Instagram and WhatsApp, as well as buy things on the internet and in the real world. The twins sued Facebook CEO Mark Zuckerberg in 2004 for allegedly stealing their idea for a social network; they ultimately settled for US$65 million. (Financial Times)
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