This week’s summary of various cryptocurrency news and developments:
DOJ looking to hire virtual currency legal experts
Earlier this week CoinDesk reported the DOJ had a job posting going that was looking to hire virtual currency legal experts, The posting doesn’t specify digital currency knowledge is necessary, but it does involve ““knowledge of anti-money laundering and asset forfeiture laws, processes and procedures”. This means potential candidates will essentially be weighing how the Justice Department sees digital currencies.
Kraken launches $10.000 crypto investment contest for college students
Digital currency exchange Kraken has sponsored a crypto currency investment competition for college students, in which 13 college are participating. The “Kraken Investment Case Study Competition” has teams of students crafting their best strategy to invest $1m in a digital currency portfolio. The winning team will get $10.000, but other teams in 2nd and 3rd place will also make a few thousand dollars. There’ll also be a people’s choice awards, worth $3.000.
The teams will enter the competition with a video, and the winner is expected to e announced in December.
Coinbase redesigns its wallet in an early step to move to a digital asset platform
Coinbase has recently redesigned its wallet in a move that the