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Will Stellar Win the Battle for Blockchain Talent by Acquiring Chain (a Blockchain startup)?

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Most of the professionals who are experienced and skilled at developing Blockchain based applications are not your typical Silicon Valley programmers and engineers. In fact, hardly will you find any of the leading developers of Blockchain technology living or working in Silicon Valley. Generally, there is a seeming disconnect between open source platform developers and creators of commercial products for software companies in Silicon Valley.

Why are there few Blockchain developers in the Valley?

The reason for this is simple. Most developers who are experts at creating open source Blockchain and cryptographic platforms are millionaires. Blockchain initiatives and cryptocurrency startups are investing heavily into the crypto space and as the wall street journal puts it, a developer can earn as much as $1 million in bonus offers alone.

Furthermore, the lines between industry and open source projects continue to get thinner going forward and multi-billion conglomerates are continuously looking to invest more in talent so as to build sustainable solutions. Coinbase, for instance, is planning to increase spending on open source Blockchain based projects with products such as the open source fund that is designed to attract the best Blockchain talent.

With the profits made by Blockchain and cryptocurrency based companies like Coinbase, it’s easy to see that a good number of Blockchain companies can easily afford to pay leading Blockchain developers in the range of millions for a single project. Simply put, Blockchain talent is rare and in demand.

Trudging the tough terrains of talent in the industry

However, Blockchain companies are still finding it tough to retain the best talents in the industry. For example, BitGo (a Bitcoin security startup) lost one of its leading developers (Alex Bosworth), who left the company to go work on the implementation of the lightning network.

As it seems, developers in the Blockchain and crypto space find it more fulfilling to work on open source projects that advance the industry as a whole instead of working for individual companies. Could the case be different for open source projects like Ethereum and Stellar?

Stellar’s search for Blockchain talent

Thankfully, Stellar is one of the leading open source Blockchain enterprises that connect banks, to payments systems so as to enable individuals to move money quickly. In fact, Stellar is currently in talks with Chain (a San Francisco based tech company that builds financial industry Blockchain based technologies).

According to Fortune, Stellar is looking to acquire the startup for a sum of $500 million that will be paid in stellar lumens (XLM). Chain has the engineering talent to develop Blockchain technology hence the move by Stellar to acquire this Silicon Valley-based startup makes total sense.  Even though Stellar has yet to disclose what it intends to do with Chain once the deal goes through, it is highly likely that Chain’s pool of leading developers will be working to build Stellar’s open source products if the deal becomes successful.

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Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

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How Can Foreigners Get Loans in Singapore

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Foreigners who are residing in Singapore and looking for financing could do so in the form of a payday loan. It is good to find out that you can borrow the money from a reputable lender and that the interest rates are low enough for it to be a viable option. Online lenders that specialize in doing business in the country can certainly help one. These online companies are not only reliable, but their service is fast.

At the same time, many cannot afford a high standard of living. Many individuals cannot afford essentials, such as a car or a house. It can be difficult for the majority of the working class to scrape through on their basic salary. 

What defines a foreigner in Singapore? 

A foreigner in Singapore means that you are not a permanent or natural citizen there. As a foreigner, you will not be holding a Singaporean passport. The rules can differ a little for foreigners and residents. Singapore, being a multinational hub, houses many foreigners within the city. Foreigners come to Singapore for the many attractions it offers. Many people come to Singapore for Work-related purposes. A lot many also come for vacations or to visit a friend or a relative. Some foreigners come with a plan to move to Singapore permanently, attracted by their lavish lifestyle. Singapore also…

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Aluna.Social is a Compelling Social Platform for Crypto Traders and Investors

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When one thinks about the social media landscape, the companies that first come to mind are most likely Facebook, Instagram, LinkedIn, and Snapchat.  These platforms are a great way to stay connected with friends, families, and colleagues, especially when geographic distance is a factor.  But, in addition to just chatting about life in general and sharing pictures, social media can be used to bridge the information gap that exists within the investment community.

Over the last decade, many trading offices have been established in large cities all over the world which allow solo traders and investors to pay a monthly fee in exchange for a workspace.  The real benefit to trading in these offices is to participate in the free flow of trading ideas and information.  Proprietary trading is one of the most challenging careers to be successful at and the exchange of ideas is almost required in order to succeed.  Traders at hedge funds and investment banks work in teams so why shouldn’t remote traders?

While these trading offices are a great way to help bridge the information gap, Aluna.Social may provide an even better way, especially as it relates to cryptocurrency trading.

Mission Statement

Aluna.Social, founded by Alvin Lee and Henrique Matias, is a multi-exchange social trading terminal for crypto traders and investors.  The goal of the platform is to help newcomers shorten their learning curve,…

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CoinFlip Scores Big with BRD Wallet Partnership

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As the crypto markets move closer to mass adoption, one of the keys for future success will revolve around attracting as many market participants as possible.  While many crypto users are extremely tech oriented, a lot of those on the sidelines are not.  The cause of waiting on the sidelines could be due to a variety of reasons such as fear of the unknown, lack of knowledge, age, or a combination of all of the above.  In order to entice new users to join the crypto revolution, crypto ATMs are rising up across the country.  Of those, the largest and most influential crypto ATM company by a significant margin is CoinFlip.

In early October, CoinFlip announced on its Twitter that it had officially partnered with BRD Wallet to re-introduce their crypto ATM map.  Now, BRD wallet users will be able to locate their nearest CoinFlip ATM and receive a 10% discount for both buys and sells.  BRD brand awareness is growing quickly within the crypto community thanks to its innovative and entrepreneurial spirit.  The team strongly believes in the value of financial freedom and independence, and want to empower people across the world by leveraging the possibilities that Bitcoin and other cryptocurrencies provide.

Cryptocurrencies are already making a huge difference around the world.  Citizens of Venezuela, a country devastated by rampant inflation, have been using several cryptocurrencies…

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