Elliptic co-founder Dr. James Smith stepped down as CEO of the growing blockchain intelligence firm on April 28 in order to focus his energy on developing the growing firm’s technology and engineering development as chief scientist. In his place, former COO Simone Maini is taking the reins.
A decentralized finance-focused blockchain platform, Algorand has earmarked a total of 250 million ALGO tokens worth $50 million for multi-year grants initiative, designed “to provide funding to projects building apps to support infrastructure, end-user application, and research innovation on its blockchain.”
On April 7, Twitter and Square founder Jack Dorsey tweeted on his @jack account that he will give $1 billion—more than a quarter of his fortune—to fight the COVID-19 epidemic. After that, the funds will be used to advance health and education initiatives for girls, and advocate for universal basic income.
The $10 billion lawsuit between self-proclaimed Bitcoin inventor Craig Wright and the adopted brother of his deceased friend Dave Kleiman would come down to a he said/he said argument if no other witnesses came forward. However, it appears the defense has found a witness in James Wilson, a CFO who worked for Craig Wright when Dave Kleiman was still alive. Motions filed in court this past week compelled Wilson to testify when he arrived in Washington, D.C. on Friday. Calls to the law offices associated with both parties confirmed that the deposition was scheduled for Friday. Wright’s team initially opposed the deposition. On November 4, they filed a response in…
