Twitter’s Bluesky Finds New Lead, Square Building the Bitcoin Wallet Team

Bitcoin Career Decentralization Jack Dorsey Social media Social network

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Sead Fadilpašić

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Sead Fadilpašić

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Sead specializes in writing factual and informative articles to help the public navigate the ever-changing world of crypto. He has extensive experience in the blockchain industry, where he has served...

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June 26, 2023 06:54 EDT

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Twitter-backed decentralized social media project Bluesky announced that a new and Twitter-independent entity is in the works, while Square is expanding their hardware wallet team.

“It’s been a long time coming, but we’ve finally found a lead,” tweeted the official Bluesky account on Thursday.

The team behind it said that they’re “currently working through details to set up the new Bluesky entity which will operate independently from Twitter,” adding that more details will be shared with the public “soon.”

As reported, back in December 2019, Twitter launched Bluesky in order to develop a “decentralized standard for social media.”

The company’s CEO Jack Dorsey said at the time that Twitter funded a small independent team that might “find an existing decentralized standard they can help move forward, or failing that, create one from scratch.”

However, he also stressed that it will take a number of years to develop a sound, scalable, and usable decentralized standard for social media.

And that’s not all Twitter-related news shared with the Cryptoverse. Just today, Dorsey said that his crypto-keen payments venture Square is looking to hire new people to help build out the company’s hardware wallet, specifically a hardware wallet business lead.

As announced this past July, Square confirmed that it aims to build a bitcoin (BTC)-first hardware wallet “to make bitcoin custody more mainstream.” Dorsey had first revealed that the company is considering doing this just a month prior. They are now working on building a team.

Per the ad, the company is ready to hire a Senior Engineering Manager, who will be required to “build and manage a team of backend and mobile engineers to deliver a broad range of software for an innovative new global product,” as well as “lead technical strategy for this new product area,” among other duties.

This person will also be required to work with numerous partners in hardware, legal, and business roles across Square, its crypto-focused unit Square Crypto, and the external community, says the job posting.

A minimum of eight, but preferably more than ten years of engineering “great” products and services is required, with a minimum of two and preferably more than five years of building and leading software engineering teams. Also, preferably, the candidates will have “familiarity with bitcoin internals and experience developing software for cryptocurrency applications.”

Besides this one, Square also has two more ads related to their hardware wallet: one for Hardware Wallet Business Lead, and the other for Senior Software Engineer (Backend), each with their own set of requirements.

Besides the wallet, crypto-related jobs include: Crypto and Financial Communications Lead, Sr. Technical Recruiter (Crypto/Bitcoin), Crypto Product Lead (Cash App), and Head of Crypto Engineering (Cash App).

In July, Dorsey said that Bitcoin will be a “big part” of the company’s future, as he sees opportunities to integrate the cryptocurrency into existing Twitter products and services. He added that it could help the company move faster in terms of its product expansion, while explaining that BTC is the “best candidate” to become the “native currency” of the internet.
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