Social media mogul Facebook will reportedly announce its cryptocurrency later in June. The company will also charge third-parties $10M to become validator nodes. The largest social media website in the world, Facebook, is reported to announce its cryptocurrency later this month. ‘GlobalCoin’, as the upcoming digital currency is touted, is intended to enable users to store, trade, and exchange it through Facebook applications including WhatsApp and Messenger. Moreover, the report outlines that Facebook is going to reach out to third-party organizations for them to act as validator nodes, charging $10 million for the ... (full story)