Twitter CEO Jack Dorsey Funds Crypto Devs, Binance Australia, Lightning Pizza Fail

Twitter CEO Jack Dorsey Funds Crypto Devs, Binance Australia, Lightning Pizza Fail

TL;DR: Welcome to In Case You Missed It (ICYMI), a daily crypto update from your favorite reporter, Linzerd. Jack Dorsey will hire dedicated devs to develop open source cryptocurrency projects. Binance launches cash-to-crypto service Binance Lite in Australia. Lightning Pizza service overwhelmed by ShapeShift staff. Google bans VPN ads in China. Facebook stored million of passwords in plain text, and Wikipedia cofounder recommends Brave browser.

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Square’s Jack Dorsey Hires Engineers to Work on Open Source Crypto Projects

Jack Dorsey, founder of Twitter and CEO of Square, announced in a thread he will be hiring at least three full-time cryptocurrency developers to apply their expertise in open source projects, giving back to the community what they owe, as he himself said. This would be one of the first initiatives of its kind run by a company like Square. Also, a designer will be hired to “help more people access this technology faster and better.”

Binance Launches Cash to Crypto Service in Australia

Jack Dorsey Open Source Crypto Workers, Binance Lite Launches in Australia, Lightning Pizza Overwhelmed: ICYMI

Binance unveiled its new platform, called Binance Lite, that will allow customers to buy cryptocurrencies depositing their Australian dollars in any one of the 1,300+ Binance trading partners all across Australia to get bitcoin in their wallets, charging 5% by each transaction. Customers have to pass first KYC requirements before being able to purchase bitcoin through the service. This service will extend in the near future, adding more cryptocurrencies and fiat currencies to the mix.

Lightning Pizza Service Overwhelmed by Shapeshift

The Lightning Pizza service, a platform that lets users buy pizza using lightning network payments, was overwhelmed by Erik Voorhees, who ordered 18 pizzas for the whole ShapeShift staff. According to Voorhees, the service just allows ordering two pizzas at a time, something made him remark tongue in cheek he would measure layer two scaling in “PPS” (Pepperoni’s Per Second). However, Domino’s fulfilled his order paying with fiat.

Google Bans VPN Ads in China

Jack Dorsey Open Source Crypto Workers, Binance Lite Launches in Australia, Lightning Pizza Overwhelmed: ICYMI

Google banned VPN advertising in China, citing local regulations as the cause of this action. Chinese government organizations have forbidden these kinds of services in mainland China because Virtual Private Networks help citizens to overstep censorship applied by the Chinese government using the so-called “Great Firewall of China,” tech separating internet Chinese connections from the outside world.

Facebook Stored Millions of Passwords in Plain Text

Twitter CEO Jack Dorsey Funds Crypto Devs, Binance Australia, Lightning Pizza Fail

Facebook is again the protagonist of a security incident involving user data. The company admitted they stored millions of users’ passwords in plain text, leaving them available for anyone inside Facebook to look at them. This bug dates from 2012. The company said they “have found no evidence to date that anyone internally abused or improperly accessed them,” but did not explain how did they arrived at that conclusion.

Wikipedia Co-founder Recommends Brave Over Chrome

Twitter CEO Jack Dorsey Funds Crypto Devs, Binance Australia, Lightning Pizza Fail

Larry Sanger, a co-founder of Wikipedia, recommended using Brave browser over Chrome due to security issues. According to Sanger, “Google collects massive amounts of information from us via their browser. The good news is that you don’t have to use it, if you’re among the 62% of people who do.” He says there is “no need to use Chrome for anything but testing”, and that the current Brave alternative is good enough now.

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