Developer of Crypto Communication App Signal Announces MobileCoin Launch or Affiliation

On January 11, Moxie Marlinspike, the creator of the crypto communications app Signal, announced in a blog post yesterday that he is launching Signal. MobileCoin was established in 2017 and Moxie Marlinspike is currently working on a project consultant. Last August, MobileCoin announced that it had completed a $ 66 million Series B funding round worth $ 1.066 billion with participation from Alameda Research and Coinbase Ventures, and that it would enter two of the major communication software, Signal and Mixin. the messenger. However, the development of MobileCoin also raised questions about Signal and its founder, Marlinspike, who tried to steer clear of MobileCoin, arguing that Signal's cryptocurrency research was dangerous and that this combination of problems. privacy policy could create legal problems for Signal. Some believe Signal founder Moxy Marlinspike's move is similar to Twitter founder Jack's departure to focus on cryptocurrencies. MobileCoin is also increasing the value of the “thousands of dollars” of Series C funds, according to locations close to the company. (Technological growth)