Bitcoin 

ConsenSys CSO Seeks to Raise $50M for New Blockchain Investment Fund

An executive at the Ethereum blockchain firm ConsenSys is launching a new blockchain-oriented investment firm, Aligned Capital. Sam Cassatt, the chief strategy officer (CSO) at ConsenSys, announced that the firm will be seeking to raise $50 million for its first fund in an announcement on Nov. 15. Cassatt, who has been at the firm for five years, will continue to serve as an advisor to ConsenSys while working full-time as a founding managing partner at Aligned Capital. Apart from blockchain, Aligned Capital will invest in safe AI and innovative healthcare…

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Bitcoin 

US Army Seeks Blockchain Experts Who Can Trace Bitcoin in Real-Time

The United States Army Contracting Command (ACC) of New Jersey has issued a pre-solicitation notice for cryptocurrency investigation service providers.  As a pre-solicitation, posted on July 25, the notice and the ACC’s responses do not bind ACC to solicit or award a contract. For use in criminal investigations According to the ACC, the cryptocurrency analytics solution is being sought for use by the U.S. Army Criminal Investigation Command (USACIDC) for use in criminal investigations and other missions. The notice outlines that the contractor must provide a cloud-based, online service —…

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Cryptocurrency 

Telecoms Giant Verizon Seeks Talent for Blockchain-Related Positions

A search for “blockchain” on the career page for telecoms giant Verizon reveals that the company is actively looking to hire new recruits for blockchain-related jobs, including five blockchain developers. The Block highlighted the vacancies in a report on July 24. Verizon is apparently interested in creating a distributed network, as per the report. Additionally, the report specifies that a leading engineer at Verizon believes that hiring options are thin right now: “Google, Facebook, Microsoft, those guys are just taking the cream of the crop. […] I have interviewed over…

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Bitcoin 

Swiss Data Protection Regulator Seeks Details on Facebook’s Libra

The Swiss data protection regulator is waiting for Facebook to provide it with particulars on data protection risks associated with the forthcoming Libra digital currency, Reuters reported on July 23. The Federal Data Protection and Information Commissioner (FDPIC) — the competent authority for data processing by federal bodies and individuals in Switzerland — sent a letter to Libra Association on July 17, asking for details about Libra. The FDPIC stated: “The Federal Data Protection and Information Commissioner has noted the remarks made by Mr. David Marcus at his hearing before…

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Bitcoin 

Gab Seeks $10M to Decentralize and Use ‘Free Speech Money’ Bitcoin

Social media platform Gab has made a bid to seal $10 million in a Series A crowdfunding round that will enable it decentralize its infrastructure and integrate bitcoin (BTC) and Lightning Network payments.  Founded in 2016, Gab has risen to notoriety due to a perception that it serves as an “echo chamber” for “extremist,” alt- or far-right views as it welcomes users who have been banned from sites like Twitter and Facebook for their alleged violations of hate speech rules. More broadly, the site targets a user base of libertarian,…

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Cryptocurrency 

Circle and Coinbase’s Centre Seeks to Form Consortium to Promote, Issue USDC

Stablecoins have become rather frequently discussed in the news and social media over the past few weeks, especially with the news of the release of the Facebook-backed Libra coin. The current wave of stablecoin issuance could be attributed to the lack of liquidity in the cryptocurrency world. But even though the crypto market is now slowly recovering from a long bear trend, the ecosystem of stablecoins continues to expand even further.  One of the most notable events in the stablecoin space was a recent announcement by Circle and Coinbase. After…

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Bitcoin 

Bancor Seeks to Exclude US Users From Trading Over Regulatory Uncertainty

Decentralized exchange platform Bancor plans to restrict United States residents from trading tokens on July 8, the company confirmed in a blog post on June 18. Citing a lack of clarity from regulators, executives said they took the decision to ban all users with a U.S. IP address from exchanging cryptocurrency. “This decision has been made in light of increased regulatory uncertainty; at this time, we believe this is the most judicious decision for all the members of our ecosystem,” the blog post reads. It continues: “This will enable the…

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