Latest from James Rubin
Reddit Readying an NFT Platform
In a job posting for a senior engineer, the social media giant said that a “rapidly growing team” was looking to build “the largest creator economy on the internet.”
Fed Reserve Governor Quarles Doesn’t See Reasoning Behind CBDCs
Randal Quarles, who also chairs the Financial Stability Board, said he’s not certain how a central bank digital currency could address financial inclusivity concerns.
Multicoin Capital to Raise $250M for Its Third Crypto Fund: Report
The initiative comes less than six months after the investment firm raised $100 million for its second crypto fund.
US Treasury Department Says Cryptocurrencies Could Undermine Sanctions
The agency issued the warning after a six-month review of U.S. sanction programs and recommended the agency itself improve communication with financial institutions and others that touch on the crypto sector.
Square to Consider Building a Bitcoin Mining System
CEO Jack Dorsey said if the payments service provider begins the initiative, it would follow the open-source model it is using to build a hardware wallet.
Second-Biggest Mortgage Provider in US Stops Accepting Crypto Payments
United Wholesale Mortgage’s announcement comes only about six weeks after it said it would begin offering a crypto payment option via a pilot program.
Coinbase Has Received the Third-Most Complaints Among Digital Wallet Firms
A report by a prominent consumer advocacy group reviewed complaints filed to the Consumer Financial Protection Bureau over a four-year period.
A16z Crypto Names 2 Security Veterans to Ensure Robust Measures, Provide Guidance
Nassim Eddequiouaq and Riyaz Faizullabhoy are joining the venture giant’s crypto-focused arm from Facebook, where they co-created the Novi wallet’s crypto custody infrastructure.
Binance.US Bumps Brian Shroder to CEO; CFO Departs
The U.S. arm of the cryptocurrency exchange giant named Eric Segal as its interim CFO.
