Chain News Daily Official TheBitTimes.com

An Ethereum treasury firm run by Fundstrat’s Tom Lee accumulated an additional 179,251 ETH in the past week. BitMine Immersion Technologies, the largest Ethereum treasury firm in the world, now holds a total of 2,830,151 ETH worth more than $13.23 billion at time of writing. BitMine also holds 192 Bitcoin (BTC), $456 million in unencumbered cash and a $113 million stake in the crypto treasury company Eightco Holdings (ORBS), which represents one of the firm’s “moonshots,” an investment strategy designed to support projects in the Ethereum ecosystem. Eightco Holdings announced last month that it planned to raise approximately $270 million to fund a treasury strategy focused on Sam Altman’s Worldcoin (WLD), an Ethereum-based crypto asset. BitMine currently owns more than 2.3% of the total ETH supply, and Lee notes the firm aims to reach “the alchemy of 5%.” “The BitMine team sat down with Ethereum core developers and key ecosystem players and it ...

Deloitte highlights its commitment to Web3 and crypto through its intent to hire cryptocurrency experts to join its team, with over 300 positions posted on LinkedIn. According to the latest updates on LinkedIn, Big Four accounting firm Deloitte — which primarily deals in audit, consulting, financial advisory, risk advisory, tax and legal services — is actively seeking individuals with expertise in cryptocurrency to join their team. A search for cryptocurrency job opportunities in the United States on LinkedIn shows that there are currently over 300 available positions at Deloitte, and almost all of them were posted just a week ago. However, when conducting a similar search for crypto-related job openings at the other three “Big Four” accounting firms, namely Ernst & Young, KPMG, and PricewaterhouseCoopers, no results are returned. Deloitte has several job titles related to crypto currency, such as Blockchain & Digital Assets Manager, with openings in 97 different locations acr...