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Google and Apple go hunting for crypto talent.
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and Kalshi gets accused of faking its trading volume.
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This is CoinDesk Daily.
00:15 Speaker B
Want trusted crypto research? Check out the stack, Grayscale’s blog. Visit grayscale.com/thestack.
00:22 Speaker B
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Google and Apple are both hiring for digital asset roles, a sign that stable coins and tokenization are becoming core expertise inside Big Tech.
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Google Cloud is looking for an architect in Hong Kong to help protocol foundations, exchanges and custodians tokenize real world assets across Asia-Pacific.
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Apple is filling an Apple Pay strategy lead role focused on Apple card, Apple cash and peer-to-peer payments.
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The listings follow Samsung’s plan to build stable coin features into Galaxy phones through Samsung Wallet.
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Kalshi is facing accusations of fake trading volume on its newly launched crypto perpetual futures.
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Analyst Benny flagged that Kalshi’s Ether perp logged 539 million in a 24-hour volume against just $3.1 million in open interest, a 174-1 gap that’s often a textbook sign of wash trading.
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He pointed to repetitive $5,500 trades making up as much as 58% of daily volume.
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Kalshi’s product lead, ICOBs, pushed back, saying the numbers reflect maximum potential payout, not fake activity.
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MicroStrategy is back to buying Bitcoin.
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Michael Saylor’s firm added 950 BTC for $75.7 million last week, its first purchase since late August.
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The buy was funded from the company’s dollar reserve, which now sits at $5 billion.
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MicroStrategy now holds 846,000 Bitcoin bought for a total of $63.81 billion.
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Get more updates on coindesk.com.
01:57 Speaker B
Want trusted crypto research? Check out the stack, Grayscale’s blog. Visit grayscale.com/thestack.
02:04 Speaker B
Realfy, a smarter stable coin backed by real-world assets. Join the testnet now at realfy.co.
Disclaimer : This story is auto aggregated by a computer programme and has not been created or edited by DOWNTHENEWS. Publisher: finance.yahoo.com
