As if Facebook’s Libra doesn’t have enough trouble, they just lost a developer to a rising crypto star. Square Crypto has poached a trio of blockchain developers from across the tech industry including Lightning Labs, Facebook’s Libra, and Google. Steve Lee, who was Square Crypto’s maiden hire in June, also hails from Google. According to a Twitter post, Square Crypto, which till now has been comprised of Lee and Bitcoin Core contributor Matt Corallo, has welcomed Valentine Wallace, Jeffrey Czyz, and Arik Sosman to fill out its team. Continue reading Jack Dorsey’s Square Crypto Poaches Dev Talent from Facebook’s Libra & Google
Around 3:25 pm ET, a massive chunk of the internet went dark. Google Cloud appears to be the source of the problems. This has led to outages for YouTube, Discord, Google Photos, Search, News, Analytics, Gmail, and various other services. It’s not just Google’s own applications either. Snapchat, among other services hosted by Google, is also experiencing difficulties. Continue reading Massive Google Cloud Outage Nukes Snapchat, Gmail, & YouTube
The New York Supreme Court has ruled that the scope of the Attorney General’s investigation into Bitfinex and Tether Limited is too broad and needs a time limit. Continue reading Bitfinex Claims Victory as Supreme Court Gives Nod to Exchange & Tether
The crypto ecosystem often explores which blockchain will emerge as the ‘Ethereum killer.’ So far, no network has been able to muscle the second-biggest blockchain off its perch, but now there’s a new kid in town – Ava, and it has Bitcoin, Ethereum, and even Visa in its sights. Continue reading Researcher Nears Launch of Ava, a Crypto & Potential Ethereum Killer
Jaguar Land Rover produced over 600,000 vehicles last year. For a luxury brand, this is a substantial output. Tesla, by comparison, produced under 250,000. The news broke sometime yesterday afternoon that JLR is utilizing the IOTA tangle (blockchain) for their new cryptocurrency program. They’re going to have on-the-go payments (such as tolls, similar to EZ Pass) and also pay owners for data collected. Continue reading Do Jaguar Land Rover & IOTA Hold the Key to Mass Crypto Adoption?