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Microsoft is hiring a Web 3.0 product manager as expansion into crypto acceleratesMicrosoft (NASDAQ: MSFT) continues to ...
07/06/2022

Microsoft is hiring a Web 3.0 product manager as expansion into crypto accelerates

Microsoft (NASDAQ: MSFT) continues to strengthen its position in the cryptocurrency and blockchain space through relevant hirings, with the company announcing a position for Web 3.0 and Blockchain Principal Product Manager. The job posting published on the company’s website on June 6 indicates that the successful candidate would be part of the Microsoft Cloud for Industry Growth and Expansion Team (MCIGET). Under this role, the primary task will be to ‘bring clarity, generate energy and deliver success for Microsoft in blockchain and crypto.’.

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📣 Tether CTO says creating $UST on top of $LUNA was "a recipe for disaster."Paolo Ardoino, the chief technology officer ...
07/06/2022

📣 Tether CTO says creating $UST on top of $LUNA was "a recipe for disaster."

Paolo Ardoino, the chief technology officer of Tether USDT, stated that to have a safe reserve, you cannot cryptocurrency, especially 100% of your reserve as cryptocurrency, adding that Terraform Labs building UST on top of LUNA which was a recipe for disaster. Interesting point.

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07/02/2022

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Celsius’ crisis exposes problems of low liquidity in bear marketsAfter one week of pausing user withdrawals, swaps and t...
07/02/2022

Celsius’ crisis exposes problems of low liquidity in bear markets

After one week of pausing user withdrawals, swaps and transfers, the firm said it was maintaining an open dialogue with regulators and officials and plans to continue working with them regarding this pause. Celsius has yet to comment on when the company is going to stabilize its operations.

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Ex-manager of Huobi exchange suspected of illegal tradingPolice in Hong Kong have detained the former head of institutio...
07/02/2022

Ex-manager of Huobi exchange suspected of illegal trading

Police in Hong Kong have detained the former head of institutional clients at the Huobi exchange, Chen Boliang. He is suspected of illegal trading through a front man. A court session in the case will be held next week. Chen was arrested back in May 2020. He is accused of "shady" trading. Bolian set up the firm, registered the account in his father's name, then opened a line of credit for him and used the company's assets to make investments.

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❗️ Ex-manager of Huobi exchange suspected of illegal trading. Police in Hong Kong have detained the former head of insti...
07/02/2022

❗️ Ex-manager of Huobi exchange suspected of illegal trading.

Police in Hong Kong have detained the former head of institutional clients at the Huobi exchange, Chen Boliang. He is suspected of illegal trading through a front man. A court session in the case will be held next week. Chen was arrested back in May 2020. He is accused of "shady" trading. Bolian set up the firm, registered the account in his father's name, then opened a line of credit for him and used the company's assets to make investments.

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🔥 Uniswap - the world’s biggest decentralised crypto exchange - is now generating more in user fees than Ethereum, the b...
07/02/2022

🔥 Uniswap - the world’s biggest decentralised crypto exchange - is now generating more in user fees than Ethereum, the blockchain where it got its start.

Over the last seven days, Uniswap’s average total user fees have grown to about $4.1 million, surpassing Ethereum’s $3.9 million, according to data tracker Crypto Fees. Ethereum has usually been the bigger money-maker, hosting thousands of projects - including Uniswap - that pay so-called gas fees to conduct transactions on its blockchain.

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07/02/2022

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