Nigerian payments app KurePay plans to suspend operations in the country after the government began cracking down on crypto exchanges, according to a report by local crypto publication Cryptoassetbuyer.The report said that KurePay is leaving Nigeria “largely due to the increasing hostile regulatory environment” for cryptocurrency service providers.KurePay’s decision to suspend … [Read more...] about Nigerian Payments App Reportedly Suspending Operations Due to Government Crackdown on Crypto
Operations
Crypto Lender Celsius Network Invests $300M in North American Bitcoin Mining Operations: Report
Cryptocurrency lender Celsius Network has further invested $300 million for its bitcoin mining operations in North America, taking the total investment this year to $500 million, according to a report from The Block.The $300 million comes after Celsius invested $200 million earlier this year in bitcoin mining equipment and equity of bitcoin mining firms Core Scientific, Rhodium … [Read more...] about Crypto Lender Celsius Network Invests $300M in North American Bitcoin Mining Operations: Report
Quant Hedge Fund Two Sigma Hiring Crypto Operations Manager
Two Sigma, the technology-focused hedge fund based in New York, is looking to hire a Crypto Operations person to help build out the firm’s emergent cryptocurrency trading business, according to a recent job posting.The open position to Join Two Sigma Securities’ crypto trading business is based in London.“We are seeking an experienced, highly organized individual with strong … [Read more...] about Quant Hedge Fund Two Sigma Hiring Crypto Operations Manager
ENS’ director of operations says that DAO-based governance ‘has always been the plan’
On Monday, distributed domain protocol Ethereum Name Service, or ENS, launched its own governance token in an effort to distribute voting rights for its new decentralized autonomous organization, or DAO, to active users of the ecosystem.Cointelegraph spoke with Brantly Millegan, ENS’ director of operations, to learn more about the nonprofit’s decision to shift to a DAO model … [Read more...] about ENS’ director of operations says that DAO-based governance ‘has always been the plan’
7 lessons learned from building and scaling Bitcoin mining operations
It all started with mining Bitcoin (BTC) in a dorm room. What started as a hobby with a few mining rigs scaled into twenty industry-scale mining farms across the globe. Because we scaled our operations in a new industry, we had to discover what worked and what didn’t through trial and error — because there’s no handbook for this.Building a multi-site, scaled operation like ours … [Read more...] about 7 lessons learned from building and scaling Bitcoin mining operations