• Elliptic CEO James Smith steps down
    Innovators,  Technology

    Elliptic CEO Dr. James Smith steps down for development role

    The co-founder of the leading blockchain intelligence firm will be replaced by COO Simone Maini, who has increasingly led the sales and corporate culture development efforts

    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.

  • Major Algorand upgrade
    Alt coins,  Innovators

    Algorand announces $50M grant program to boost its blockchain

    Three beneficiaries have already been announced, and other projects will be able to go through an open application process in due course

    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.”

  • Dorsey gives $1 billion COVID-19 fight
    Bitcoin,  Innovators

    Jack Dorsey will ‘start small,’ giving a quarter of his fortune to COVID-19 fight, girls education

    The Twitter and Square CEO will also support universal basic income, says he wants to see philanthropy’s ‘impact in my lifetime’

    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.

  • Craig Wright shut down Bitcoin
    Bitcoin,  Innovators

    Australian CFO compelled to give deposition in $10 billion Bitcoin lawsuit

    Judge rules James Wilson, who worked with Craig Wright in 2013, should be deposed

    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…

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