Fun

Jack Dorsey's Square Crypto Poaches Dev Talent from Facebook's Libra & Google

News Feed - 2019-09-20 02:09:23

As if Facebook"s Libra doesn"t have enough trouble, they just lost a developer to a rising crypto star. Square Crypto has poached a trio of blockchain developers from across the tech industry including Lightning Labs, Facebook"s Libra, and Google. Steve Lee, who was Square Crypto"s maiden hire in June, also hails from Google. According to a Twitter post, Square Crypto, which till now has been comprised of Lee and Bitcoin Core contributor Matt Corallo, has welcomed Valentine Wallace , Jeffrey Czyz, and Arik Sosman to fill out its team. Source: Twitter



According to his Twitter profile, Arik Sosman was a software engineer at Facebook/Calibra, which incidentally is facing an uphill battle for its planned 2020 launch amid pushback from global regulators. Sosman"s account now says that he is "@Sqcrypto bound." In response to Square"s Crypto new hire announcement, Arik tweeted: "This is good for bitcoin. #bitcoinnotblockchain."


Bitcoin developer and Blockstream co-founder Peter Wuille welcomed Arik "back to the light side." Source: Twitter


Google alum Jeffrey Czyz tweeted: "Hello, #BitcoinTwitter ! Excited for the opportunity to be a part of this amazing @sqcrypto team!" Square Crypto"s Ambitious Plans


The Square Crypto team has made it their mission to bolster the profile and use case of bitcoin. It"s an ambitious goal, one whose next steps aren"t entirely clear with the exception of its focus on bitcoin. Square Crypto tweeted: "In the spirit of open-sourcing, we want to hear from you. There’s no project we won’t consider, as long as it improves or proliferates bitcoin."


While they are more interested in making bitcoin look good than anything else, Square Crypto has been feverishly busy behind the scenes, most recently directing a $100,000 grant to open-source bitcoin project BTCPay via the BTCPay Foundation.


The blockchain industry might want to keep a close eye on its talent, as Square Crypto isn"t done hiring yet and bitcoin bull Jack Dorsey is a rock star within the crypto community. "Speaking of the team, we are still looking for a very senior designer. This position is bigger than a single product, and will play a major role in formalizing how the world interacts with bitcoin." This article was edited by Sam Bourgi.

News Feed

Analysts Say an Onslaught of Fed Rate Hikes Could Spur a ‘Bond Market Flash Crash’ or ‘Blow up the Treasury’
Analysts Say an Onslaught of Fed Rate Hikes Could Spur a ‘Bond Market Flash Crash’ or ‘Blow up the Treasury’ The U.S. economy has been struggling with inflation running ram
Ana Paula Pereira3 hours agoSam Bankman-Fried ‘doubled down’ by buying Binance’s stake in FTX — US prosecutorsThe prosecution is delivering its closing arguments at the Southern District Court of New York, where
Crypto pyramid scheme leader extradited to China after global pursuit
Amaka Nwaokocha2 hours agoCrypto pyramid scheme leader extradited to China after global pursuitAs digital currencies continue to gain popularity worldwide, the risk of related economic crimes also increases.1095 Total vi
Russian Exchanges Ready to Launch International Crypto Payments, Lawmaker Reveals
Russian Exchanges Ready to Launch International Crypto Payments, Lawmaker Reveals The largest exchanges in Russia are ready to begin operating with cryptocurrencies right after aut
XRP Whales Keep Buying – Data Reveals Smart Money Prepares For A Rally
Este artículo también está disponible en español. XRP has been range-bound in recent days, consolidating after successfully holding strong above the critical $2.10 suppor
Bitcoin Options Giant Deribit Loses $28 Million in Hot Wallet Hack
Bitcoin Options Giant Deribit Loses $28 Million in Hot Wallet Hack The world’s largest bitcoin options exchange, Deribit, was hacked for close to $28 million, according to a
21Shares files application for spot Solana ETF
Derek Andersen7 hours ago21Shares files application for spot Solana ETFThe proposed fund would be called the 21Shares Core Solana ETF and would not participate in staking SOL.775 Total views1 Total sharesListen to articl
Second Largest Israeli Bank Leumi Launching Cryptocurrency Trading
Second Largest Israeli Bank Leumi Launching Cryptocurrency Trading Israel’s second-largest bank, Leumi, is launching a cryptocurrency trading service to allow customers of i
David Attlee14 hours agoFrance, Singapore and Switzerland test cross-border CBDCsProject Mariana was developed under the aegis of the Bank for International Settlements.3549 Total views33 Total sharesListen to article 0:
US Senator Calls for Comprehensive Crypto Regulation to Protect Consumers
US Senator Calls for Comprehensive Crypto Regulation to Protect Consumers The chairman of the U.S. Senate Committee on Banking, Housing, and Urban Affairs, Sherrod Brown, has calle
UK Cryptocurrency Firms Turn to Equity Funding as ICO Coffers Plunge 70%
UK Cryptocurrency Firms Turn to Equity Funding as ICO Coffers Plunge 70%UK cryptocurrency and blockchain startups are turning focus back to conventional means of raising capital, as
New Study Names Gameta as the Gamefi Project With Highest Monthly Subscribers
New Study Names Gameta as the Gamefi Project With Highest Monthly Subscribers The latest data from Coin 98 Analytics shows the Web3 gaming platform Gameta as the top-ranked gamefi