Walmart seeks a crypto product lead to drive digital currency strategy

    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 wants to use Ethereum blockchain bounty system to catch pirates

    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…

    Ethereum volume tops Bitcoin on Coinbase, while DeFi, NFTs gain popularity

    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…

    Institutions are accumulating Bitcoin like in Q4 2020

    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…

    Portrait of a 29-year-old billionaire: Can Sam Bankman-Fried make his risky crypto business work?

    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…

    Crypto Trends Weekly 07 – 13 Aug

    Breaking crypto news from the last week (07 – 13 Aug.2021): 07 Aug.: MakersPlace, one of the original NFT marketplaces, has announced a $30 million Series A round of venture financing on Aug 4, led by Bessemer Venture Partners and Pantera Capital. It also includes a number of backers from the venture arm of Coinbase…