Google & Apple Hunt for Crypto Talent | CoinDesk Daily

Google and Apple are intensifying their recruitment efforts for roles focused on digital assets, signaling a significant shift in Big Tech's approach to cryptocurrency. Both companies are particularly interested in expertise related to stablecoins and tokenization, which are becoming increasingly vital in the evolving financial landscape.

Google Cloud is actively searching for an architect in Hong Kong to lead initiatives aimed at tokenizing real-world assets throughout the Asia Pacific region. This move highlights Google's commitment to integrating blockchain technology into its services. Concurrently, Apple is seeking a strategy lead for Apple Pay, with a focus on enhancing its offerings related to Apple Card, Apple Cash, and peer-to-peer payment systems.

In the crypto trading space, Calci is facing scrutiny for allegedly inflating its trading volume on its newly launched crypto perpetual futures. The platform reported an impressive $539 million in 24-hour trading volume for its EtherPURP, but this figure is concerning when juxtaposed with only $3.1 million in open interest, resulting in a troubling 174-to-1 ratio that is often indicative of washed trading practices.

Further investigation into Calci's trading activity reveals that repetitive trades of $5,500 constituted as much as 58% of its daily volume, raising significant doubts about the authenticity of its trading operations. Despite these allegations, a representative from ICOB contends that Calci's reported figures are reflective of maximum potential payouts rather than evidence of fraudulent behavior.

In other notable market developments, Michael Saylor's firm made headlines by acquiring 950 BTC for $75.7 million last week, utilizing funds from its dollar reserve, which now stands at $5 billion. This acquisition is part of the company's broader strategy, which includes holding a total of 846,000 Bitcoin, purchased for a cumulative investment of $63.81 billion.