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Jack Dorsey’s Square Crypto Poaches Dev Talent from Facebook’s Libra & Google

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

Key Takeaways from U.S. Senate’s Latest Crypto Inquisition

Earlier today, the United States Senate Committee on Banking, Housing, and Urban Affairs held a full committee hearing entitled “Examining Regulatory Frameworks for Digital Currencies and Blockchain” to discuss the viability of existing policies and regulations governing the U.S. crypto industry. Continue reading Key Takeaways from U.S. Senate’s Latest Crypto Inquisition

Still Reeling From $54 Million Bitcoin Hack, Binance Sues Sequoia Capital

Binance CEO Changpeng Zhao — who is still reeling after a $54 million bitcoin hack — is suing Sequoia Capital China, a unit of California-based venture capital firm Sequoia Capital. Continue reading Still Reeling From $54 Million Bitcoin Hack, Binance Sues Sequoia Capital

Disgusting Bitcoin Scam Swipes $1.6 Million from Jersey Victim’s Life Savings

A man from the English channel island of Jersey just wanted to buy bitcoin. In actuality, the unfortunate victim gave away an eye-popping $1.6 million in life savings to crypto scammers. The Jersey Evening Post reports the thieves promised the victim 1,500% returns on his investments. Continue reading Disgusting Bitcoin Scam Swipes $1.6 Million from Jersey Victim’s Life Savings

Elon Musk Shills Ethereum, Price Goes from Red to Green

Elon Musk might have the SEC breathing down his neck about Tesla, but he’s having some fun with crypto Twitter. In a one-word tweet, he single-handily drew in the entire crypto community to his thread. The Tesla CEO simply said “Ethereum.” After he let the cat out of the bag, the ETH price started moving, erasing declines that have weighing on the second-biggest cryptocurrency all day and turning them into gains, albeit briefly. Elon Musk might want to tread lightly or he’ll get the SEC after him yet again for a completely different reason this time. Continue reading Elon Musk Shills Ethereum, Price Goes from Red to Green