Decentralized social media initiative endorsed by Twitter Bluesky announced the formation of a new, Twitter-independent business, while Square announced the expansion of their hardware wallet team.
“It’s taken a long time, but we’ve finally uncovered a lead,” the official Bluesky account tweeted on Thursday.
The team behind it stated they’re “currently working through details to establish up the new Bluesky organization that will function independently from Twitter,” and that additional information will be shared with the public “soon.”
As previously reported, Twitter launched Bluesky in December 2019 in order to create a “decentralized standard for social media.”
At the time, Twitter CEO Jack Dorsey stated that the business had financed a small independent team to “identify an existing decentralized standard they can help take forward, or failing that, establish one from scratch.”
However, he also stated that developing a sound, scalable, and useable decentralized standard for social media will take several years.
And it isn’t the only Twitter-related news that has been shared with the Cryptoverse. Dorsey recently announced that his crypto-focused payments company Square is looking to hire new employees to help build expand the company’s hardware wallet, specifically a hardware wallet business lead.
Square said in July that it intends to produce a bitcoin (BTC)-first hardware wallet “to make bitcoin custody more popular.” Dorsey originally indicated that the business is thinking about doing this barely a month ago. They are currently putting together a team.
According to the job posting, the company is looking for a Senior Engineering Manager who will be responsible for “building and managing a team of backend and mobile engineers to deliver a broad range of software for an innovative new global product,” as well as “leading technical strategy for this new product area,” among other things.
According to the job posting, this person will also be required to collaborate with multiple partners in hardware, legal, and business roles throughout Square, its crypto-focused entity Square Crypto, and the external community.
A least of eight, but preferably more than ten years of experience engineering “excellent” products and services is necessary, as well as a minimum of two, but preferably more than five years of experience building and directing software engineering teams. Candidates should also have “familiarity with bitcoin internals and expertise designing software for cryptocurrency applications.”
Aside from this one, Square has two more ads for their hardware wallet: one for Hardware Wallet Business Lead and one for Senior Software Engineer (Backend), each with their unique set of qualifications.
Dorsey stated in July that Bitcoin will be a “significant part” of the company’s future, citing chances to integrate the cryptocurrency into existing Twitter products and services. He went on to say that it might help the company move faster in terms of product expansion, and that BTC is the “ideal contender” to become the internet’s “native currency.”