Walmart, the largest U.S. retailer by total sales, is looking to hire a “digital currency and cryptocurrency product lead” to “own and drive the digital currency strategy,” following Amazon looking for ways to let customers pay for goods with cryptocurrencies, which could be a promising development for the crypto community. According to Walmart’s careers page,…

Microsoft’s research department, with the participation of researchers from Alibaba and Carnegie Mellon University, released a new paper, in which was studied a blockchain-based incentive system for anti-piracy campaigns. The Redmond-based software giant plans to combat piracy rely on the transparency of Ethereum blockchain technology. In a new paper released by Microsoft, the major software…

A cryptocurrency amendment was introduced to the US Senate, which would greatly complicate any operations with cryptocurrencies, hitting decentralized services the hardest. And it is backed by the Joe Biden administration. There is a lot of fuss around the second cryptocurrency amendment to Joe Biden’s $ 1 trillion infrastructure bill HR 3684. On August 6,…

Ethereum became the most traded cryptocurrency on the Coinbase exchange during the three months through June, while investors explored the world of decentralized finance. It accounted for 26% of Coinbase’s trading volume in the second quarter. Ethereum, the world’s second-largest cryptocurrency by market capitalization, shared for 26% of the trading volume on Coinbase, compared to…

Bitcoin reserves available on derivatives exchanges dropped to their lowest since May 11, before the start of miners’ crackdown in China and the following crypto price crash. That reflects institutions still accumulating crypto funds like in late 2020. According to data from CryptoQuant analytics service, confirmed that as of Tuesday, derivatives reserves reached 1.256 million…

Roger Parloff for Yahoo Finance “I hope to never be as wrong as I was in that conversation,” says Adam Yedidia. He is reflecting on a chat he had with Sam Bankman-Fried, his close friend and former MIT classmate, in fall 2017. Bankman-Fried was then inviting Yedidia to join him in launching a trading firm…