Saturday, November 28, 2020
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Blockchain Bites: Bitcoin Miners’ Slim Margins, ConsenSys’ Latest CBDC Pilot, a16z’s Power Hire

Bitcoin’s hashrate is soaring. Ethereum incubator ConsenSys has signed on to another CBDC pilot. JPMorgan unveiled a revamped interbank transfer blockchain network that could challenge SWIFT.Top shelfLower profitsBitcoin mining profitability is at all-time lows in 2020, spurred in part by new ASIC mining machinery driving up the network’s hashrate. While bitcoin‘s hashrate

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Degens for Hire: Based.Money Is Launching Moonbase, a Place for DeFi Projects to Find Community

BASED has a new method for aligning decentralized finance (DeFi) projects with each other. At its core is a smart contract called Moonbase, CryptoX has learned. Based.Money is a project of the Ghouls, a loose consortium of crypto developers, artists, designers and meme makers. Friday night, the outfit will release its

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Dave Portnoy Would Be the Perfect ‘Diversity Hire’ for Berkshire Hathaway

Warren Buffett’s value-investing philosophy has received a lot of flak recently. Year-to-date Berkshire Hathaway is down by double-digits. Meanwhile, Dave Portnoy has become the latest internet sensation with his “outlaw” style. The self-declared captain of day traders, Barstool Sports founder Dave Portnoy, has called Warren Buffett “washed up.” He has also claimed to

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US Military Contractor BAE Systems Wants to Hire ‘Cryptocurrency Exploiters’

One of the world's largest defense contractors is seeking "cryptocurrency exploiters" to support a client based in Washington, D.C.Advertised on LinkedIn, the Virginia-based arm of BAE Systems is searching for candidates who can "demonstrate proficiency in cryptocurrency" and can move to the U.S. capital to "support a client’s operational requirements."Successful

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Bitstamp Crypto Exchange Expands Into Asia-Pacific Region With New Hire

Luxembourg-based cryptocurrency exchange Bitstamp has hired Andrew Leelarthaepin to lead its business development efforts in the Asia-Pacific (APAC) region.In a Nov. 13 press release, Bitstamp announced that Leelarthaepin was joining the company to further expand the exchange’s presence in Asia-Pacific “to meet the growing level of demand for the

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