EU Banking Authority to Hire Crypto Experts as it Prepares for New MiCA Law
The EBA said it was looking for someone with “sound knowledge of cryptoasset products and services,” as well as several years of experience supervising financial institutions to carry out the role, which is to “carry out preparatory steps for the establishment of the supervision function” under MiCA.
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Binance Exchange to List Paxos’ Gold-Backed Cryptocurrency
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Leading House Democrat Solicits Feedback From Gensler and Yellen on Crypto Bill
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Fidelity Hires Barclays’ Former Head of Digital Assets
news Financial services giant Fidelity Investments has hired a former head of digital assets project at investment bank Barclays. The new hire, Chris Tyrer, joined Fidelity at the end of April, according to his LinkedIn profile update. The profile, however, does not mention any further details on the role, except the mention of “Digital Assets.” Tyrer…

Sahara AI, Blockchain Project Tackling Copyright and Privacy, Raises $43M
Sahara's aim is to tackle concerns over copyright, privacy and resource access amid proliferation of AI tools. Projects that combine blockchain and AI in order to introduce decentralization to artificial intelligence engines have been an emerging trend in the crypto industry for the last couple of years. Blockchain platform Sahara AI has raised $43 million

Zcash Team Reveals It Fixed a Catastrophic Coin Counterfeiting Bug
news The company behind the privacy-minded cryptocurrency zcash has revealed that it fixed a catastrophic code bug last year that could have been used to print infinite coins. According to a report published Tuesday, zcash cryptographer Ariel Gabizon discovered a “subtle” bug a little less than a year ago in zk-SNARKS, the bleeding-edge cryptography the…

A New Bank for Crypto Traders Has Opened in Puerto Rico
news San Juan Mercantile Bank & Trust International (SJMBT), a new Puerto Rico-based institution catering to traders of cryptocurrency, has opened for business. Announced Monday, SJMBT has accepted its first client deposit. Licensed last month as an international financial entity (IFE) by Puerto Rico’s Office of the Commission of Financial Institutions (OCIF), the bank is a unit…

Manufacturers Mark Down Bitcoin Miners as Price Drop, Halving Change Calculus
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Galaxy Capital-Backed Caspian to Offer Crypto Derivatives Trading
news Galaxy Capital-backed institutional trading and portfolio management platform Caspian is launching trading in cryptocurrency derivatives. Caspian announced Wednesday that it has integrated its platform with the Deribit exchange to offer futures and options (F&O) trading in crypto assets. Deribit offers futures and options trading for bitcoin (BTC) and ether (ETH), and also provides another perpetual…