Categories: Bitcoin Latest News

Bitcoin App Developer Trust Machines Hires Coinbase, BNY Mellon Veterans

Trust Machines has hired Manas Mohapatra and Asiff Hirji, formerly of BNY Mellon and Coinbase respectively, in legal and advisory roles.Read MoreFeedzy

Trust Machines, a developer building applications to grow the Bitcoin (BTC) economy, has hired Manas Mohapatra and Asiff Hirji, formerly of BNY Mellon (BK) and Coinbase (COIN) respectively, in legal and advisory roles.

Mohapatra joins as the company’s general counsel, having served in a similar role at BNY Mellon, while former Coinbase chief operating officer Hirji will operate as an advisor, Trust Machines announced on Wednesday.

Trust Machines was co-founded by Stacks founder Muneeb Ali and Princeton University computer science professor J.P. Singh. It raised $150 million to expand Bitcoin as a Web3 platform in February with Breyer Capital, Digital Currency Group (the parent company of CoinDesk) and Union Square Ventures among the investors.

The firm aims to build on the work of Stacks, a programming layer for Bitcoin, in making the network compatible for smart contracts.

“Bringing smart contracts capability to Bitcoin is a unique untapped market,” Hirji said. “Muneeb and his team are leading that work through both EVM compatible and other safe programming environments through the Stacks layer for Bitcoin. I look forward to working with Muneeb to help grow the Bitcoin economy.”

Trust Machines has also hired to its engineering team Igor Sylvester, formerly of Facebook (FB) and Reddit.

Read more about

DISCLOSURE

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG.

Recent Posts

Bitcoin Funding Rates Surge 20% On Major Exchanges — What’s Happening?

The price of Bitcoin picked up this week from where it left off in the…

5 hours ago

This Analyst Correctly Predicted The Bitcoin Price Jump To $99,000, But His Prediction Is Not Done

A crypto analyst who accurately forecasted the Bitcoin price increase to the $99,000 All-Time High…

8 hours ago

54% Of Bitcoin Supply Inactive Since 2 Years Despite 500% Price Jump

On-chain data shows a majority of the Bitcoin supply hasn’t moved in more than two…

9 hours ago

Cboe’s New Cash-Settled Bitcoin ETF Options: Could This Spark A Move Beyond $100,000?

Cboe, the derivatives exchange for digital assets and securities trading, is set to make a…

13 hours ago

Bitcoin’s MVRV Metric Signals Market Heating Up—Here’s What Investors Should Know

The ongoing Bitcoin bull market has sparked renewed interest in on-chain metrics to fully understand…

18 hours ago

Bitcoin Price Mirrors 2017 Pattern, Is The Top Only 2 Weeks Away After Hitting $100,000?

The Bitcoin price is well on its way to reaching the $100,000 price mark, with…

1 day ago