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Tether Is Hiring a ‘Reputation Manager’

Tether Operations, the company behind the Tether stablecoin (USDT) that purports to be fully backed by U.S. dollars, is looking for a reputation manager.  The primary duty for the successful candidate is to “Become an advocate for the company in social media spaces, engaging in dialogues and answering questions where appropriate,” according to the listing, …

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FinCEN Appoints First Chief Advisor for Crypto

The United States Treasury’s Financial Crimes Enforcement Network (FinCEN) is upping its focus on cryptocurrency. Michele Korver, who previously worked for the Department of Justice, will be FinCEN’s first Chief Digital Currency Advisor, the government agency said today in a statement. Korver will work to prevent “illicit financial practices and exploitation,” according to FinCEN, which …

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Bitcoin Mining Is Turning New York Lake Into a ‘Hot Tub’, Say Locals 

Locals living near a Bitcoin mining facility on the shores of Seneca Lake, in upstate New York, have reported alarming rises in the temperature of the water, NBC News reported today.   «The lake is so warm you feel like you’re in a hot tub,» according to Dresden resident Abi Buddington.   Last month, locals staged a …

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Coinbase Has Hired an Army of Support Staff to Keep Customers Happy

Tired of Coinbase’s customer support? Help is here, says the crypto exchange, which yesterday blogged about the army of support agents it has hired to address its customers’ snags with the service and outlined more measures yet to come.  Since Brian Armstrong founded the company nine years ago, complaints from customers have racked up. In …

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