BlackRock Financial Management posted a job ad for a VP-level blockchain lead to create and implement strategies designed to drive demand for the firm’s offerings and enhance the value proposition to clients of the firm’s investments and technology offerings. The candidates must have experience in: articulating the technological foundations of blockchain technology including cryptographic hash functions, distributed network consensus mechanisms, and public-private key cryptography; devising and articulating fundamental valuation methodologies for crypto-assets; evaluating game theory and decentralizing governance models associated with blockchain technology; and working with key drivers of blockchain networks’ design and their impact on the four key dimensions of blockchain performance including speed, scalability, privacy, and security.
Binance launched European-style “vanilla” Bitcoin options contracts. The options are priced and settled in Tether (USDT). American-style options contracts, which Binance launched in April 2020, allow traders to purchase the Bitcoin at any point up until the contract expires. European-style contracts can only be exercised on the expiration date. The term “vanilla” refers to how the contract arrangement is generally simple, in contrast with more “exotic” products.