Facebook Posts Job Vacancy for Senior Lawyer With Blockchain, Payments Experience

Facebook is seeking to hire a senior lawyer with experience in both blockchain and payments, a job description uploaded to its website this week confirms. Facebook, which has hinted about plans involving blockchain, cryptocurrency and payments across its social media ecosystem, now wants a Lead Commercial Counsel to guide the rollout of new offerings. “You will be responsible for drafting …

Crypto Market Maker B2C2 Hires Wall Street FX Vet to Lead US Expansion

B2C2, a cryptocurrency liquidity provider based in London, has hired Rob Catalanello, a 25-year veteran of Wall Street, to lead its expansion into the U.S. Catalanello has held senior positions at the New York office of French bank Credit Agricole, where he was the head of fixed-income sales, and at Merrill Lynch (now part of Bank of America), where he …

Payment Service Square is Hiring Crypto Engineers, Offers Salaries in Bitcoin

United States-based payment platform Square is hiring cryptocurrency engineers and is offering to pay them in digital currency, according to a tweet published by Twitter and Square CEO Jack Dorsey on March 20. In the tweet, Dorsey announces that “Square is hiring 3–4 crypto engineers and one designer to work full-time on open source contributions to the Bitcoin/crypto ecosystem. Work …

US Blockchain Firm Introduces Wallet for Digital Assets and Securities

San Francisco-based blockchain firm TokenSoft has rolled out a beta version of its wallet for digital assets and digital securities, according to a press release published on Jan. 29. The new product called Knox Wallet provides cold storage and a self-custody platform for managing multiple assets, including both cryptocurrencies such as Bitcoin (ETH) and Ethereum (ETH), as well as tokenized …

Swiss Wallet Firm to Produce Physical Banknotes for Marshall Islands Digital Currency

Tangem, a Switzerland-based ‘smart card’ wallet manufacturer will reportedly issue physical banknotes for the Sovereign (SOV), the state digital currency of the Marshall Islands, according to an announcement on Jan. 28. Per the announcement, physical representations of the digital currency will purportedly ensure that citizens have “fair and equal access to their digital currency, whether or not they have internet …

JPMorgan Notes Marginal Improvements to Payment System With Blockchain Technology

Experts at financial services giant JPMorgan say that blockchain technology will provide benefits to banks and payment systems, Bloomberg reported on Jan. 29.   JPMorgan’s chair of global research, Joyce Chang, said, “Blockchain isn’t going to reinvent the global payment system, but it will provide marginal improvements. The most meaningful impact will probably be three to five years away and …

Iran in Talks With Eight Countries for Use of Cryptocurrency in Financial Transactions

Iran is exploring various options, including holding negotiations with other countries to introduce cryptocurrency in global trade, as the Islamic state moves to sidestep U.S. economic sanctions. Mohammad-Reza Modoudi, the acting head of Iran’s Trade Promotion Organization (TPO), said the country was negotiating the use of cryptocurrency in its financial transactions with eight countries. Negotiations Aim to Dismantle U.S. Dollar …

Highlights of Week 04: BitTorrent, Polkadot & Contents Protocol

BitTorrent crowdsale is set to begin on January 28, 2019. Based on TRON-TRC10, while the total supply of BTT would be 990 Bn, the initial circulating supply will be 9% of the total supply. BitTorrent communication protocol has introduced a new crypto token called BitTorrent (BTT) along with an extended version of the BitTorrent protocol in order to create a …

Owner of Hacked Crypto Exchange BitGrail Sentenced to Return Funds to Customers

Francesco Firano, the owner and founder of hacked Italian cryptocurrency exchange BitGrail, has been sentenced to return as much of the assets to his customers as possible. Scans of the court decision were released by the Bit Grail Victims Group (BGVG) on Medium on Jan. 28. The Italian Bankruptcy Court published the sentence on Jan. 21. A post by the …

BitTorrent Tokens Sold Out in Under 15 Minutes, Netting Over $7 Mln

The BitTorrent token (BTT) sale on the Binance Launchpad platform concluded today Jan. 28, netting $7.1 million dollars with the sale of 50 billion tokens in under 15 minutes. Binance announced the conclusion of the sale in an official blog post. BitTorrent is a protocol for peer-to-peer file sharing, allowing users to distribute files such as music or videos over the …