From a crypto investor’s overview of Bitcoin to reports of big bonuses at Ripple, here’s a look at some of the stories breaking in the world of crypto.
Bitcoin
Ex-Facebook product strategist Tomer Federman says Bitcoin and crypto have created “limitless” and “mind blowing” opportunities. In a new interview on the Hacker Noon Podcast, the CEO of crypto hedge fund Federman Capital says,
“When you take a step back, even with Bitcoin being, at the time of this recording, around $3500, generally, even last year, Bitcoin was worth $1000 at one point. Today, we’re still talking about an asset class that performs incredibly well over the past few years. I think this is just the beginning, as I said earlier.
Some of the projects I see right now and some of the opportunities are just limitless. The ability for people to transact with no intermediaries involved, and for the transactions to be recorded in an open way and settled almost immediately, the opportunities for building on top of the technology is just mind blowing. I’m super bullish on the space. I’m really excited about the opportunities. If people want to learn more, they definitely should look more into it. I remember people talking about the internet saying that it will never work, so I’m excited to see what’s next.”
Ripple and XRP
Ripple is reportedly offering massive sign-on bonuses paid out in XRP to prospective new hires.
CoinDesk says an engineer who wants to remain anonymous showed the news outlet a recruiting email offering up to $3 million in XRP in addition to a generous salary.
Ripple says it’s going above and beyond to hire quality talent, but won’t comment on whether it offers XRP packages to employees.
“We move fast to acquire the best talent out there – especially considering the highly competitive nature of other startups who want to hire similar candidates.”
EOS
EOS is highlighting a number of finalists at its global hackathon tournament. The latest overview is on Ducatur, a blockchain-based trading platform.
Meet #eoshackathon finalist @ducatur. Their project aims to create the best possible user experience for traders by combining the speed of traditional exchanges with the safety that blockchain exchanges offer. To watch their full demo, go to https://t.co/p6T7woUYlu pic.twitter.com/dL1a0JAEhJ
— block.one (@block_one_) February 8, 2019
Cardano
IOHK, the company behind Cardano, says it’s releasing two crypto research papers next week. One will focus on crypto security, while the other will analyze blockchain use cases in the gambling indusrty.
We are excited to have two of our research papers presented at #FC2019 next week, "Royale: A Framework for Universally Composable Card Games with Financial Rewards" and "Penalties Enforcement and A Formal Treatment of Hardware Wallets", see more here https://t.co/uMQgCdP0cK pic.twitter.com/iTwaAIv6V4
— Input Output (@InputOutputHK) February 11, 2019
VeChain
VeChain has announced a trio of new app development programs. The challenge [what challenge is this referring to? slight disconnect from preceding line.] will lead up to the platform’s 2019 Summit 2019, set for April 18 in San Francisco.
VeChain has announced a trio of new app development programs and a call-to-action for applicants who can win 100,000 to one million VeThor Tokens (VTHO). Developers can submit their ideas and apply for the bounty here.
Introducing three new developer bounty programs!
Get paid for your thought out ideas, documentation, and applications! To capstone these long term campaigns, you can win a share of the 40M VET pool in the VeChain Application Developer Challenge!https://t.co/KkVEfUxu9B
— VeChain Foundation (@vechainofficial) February 8, 2019
Tron
Tron CEO Justin Sun is reaching out to one of the victims of the fiasco at the crypto exchange QuadrigaCX.
Sun says he’s offering Tong Zhou a job at BitTorrent, where Zhou used to work. Zhou says he lost $422,000 in crypto when the exchange reported losing access to its digital assets after the death of its CEO.
Tong Zhou was an ex-@BitTorrent employee and I am saddened by the news of the loss of his life savings in Quadriga CX's digital EX. I sympathize with his predicament and would like to hereby extend an offer to him to once again return to #BitTorrent. #TRON https://t.co/TFh41DWD77
— Justin Sun (@justinsuntron) February 11, 2019
Litecoin
Litecoin creator Charlie Lee has confirmed that privacy transactions on the network will be optional, and says there’s a lot more work to be done before the team has a proposal to show the community.
We still have a lot of work ahead of us. Need to make sure the tech is solid and come up with a plan to test everything and safely upgrade the Litecoin network. When we have a solid plan, we will write up a Litecoin Improvement Proposal (LIP) for the community to critique.
— Charlie Lee [LTC⚡] (@SatoshiLite) February 10, 2019
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