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Goldman Sachs Survey Shows Family Offices Are Flocking to Crypto Investments
22.7.2021
High net-worth families are turning to cryptocurrency investments, according to a recent Goldman Sachs survey that found close to half of the company’s family office clients are inquisitive about crypto-asset investments. A Goldman Sachs executive further said that a large portion of...
Currency.com becomes executive member of self-regulating trade group CryptoUK
22.7.2021
The firm said it planned “to drive greater dialogue and collaboration with regulators and policy makers” as a member of the group
Crypto in the UAE: TRES Was Approved by DMCC for OTC Trade License to Operate With Cryptocurrency
20.7.2021
On photo left to right: Saif Al Mansouri – CEO TRES OTC DMCC; Ahmed Bin Sulayem – Executive Chairman and Chief Executive Officer of DMCC; Dmitry Krasnogor – Managing Director TRES OTC DMCC; Antony Katin – CEO SIMBA Storage; Alexey Liakhovnenko – CEO TRES Group GmbH....
EY Releases Nightfall 3 — Protocol Aims to Bolster Private and Affordable Ethereum Transfers
5.7.2021
EY, the multinational professional services network commonly known as Ernst & Young, has announced the company has contributed a set of tools for privately managing transactions on the Ethereum network. EY’s global media relations executive Joanna Hardy explained on Thursday how...
Bitcoin Miner Greenidge Generation Plans to Develop South Carolina Mining Facility
4.7.2021
On Friday, the bitcoin mining operation Greenidge Generation Holdings announced the company is expanding to South Carolina in order to develop the firm’s next bitcoin mining facility. Greenidge details that the carbon-neutral Spartanburg facility will be ready in 2021 or early 2022. Bitcoin...
South Korean Crypto Exchange Bithumb Bans Employees from Trading Bitcoin
3.7.2021
One of the largest South Korean cryptocurrency exchanges, in terms of trade volume, Bithumb, has announced that employees are banned from trading bitcoin on the exchange platform. The company’s chief executive officer revealed the decision in a Bithumb newsletter focused on improving...
DOJ Seeks Trial Attorney With Extensive Blockchain and Crypto Knowledge
24.6.2021
The U.S. Department of Justice (DOJ) is seeking a trial attorney to help with the federal executive agency’s Digital Currency Initiative. The DOJ posted a job listing on the justice.gov web portal and the hired individual is expected to serve as an “expert on digital currency...
Privacy Is Key for Successful Digital Euro, Data Protection Body Says
22.6.2021
The European Data Protection Board (EDPB) has issued a call for EU institutions to uphold privacy when designing a digital version of the euro. The agency is ready to provide advice on data protection matters surrounding the project. Meanwhile, an ECB executive has vowed that the digital euro will...
Facebook’s David Marcus: China’s Bitcoin Mining Crackdown ‘Great Development’ for BTC
22.6.2021
David Marcus, head of Facebook Financial (F2) who is in charge of crypto project Diem, formerly Libra, believes that the Chinese government cracking down on bitcoin mining is “a great development” for the cryptocurrency. Many people in the crypto space agree with him. Facebook’s...
Activision Shareholders Vote To Keep Paying CEO Bobby Kotick A Ton Of Money
21.6.2021
Long-time Activision Blizzard CEO Bobby Kotick eked out another lucrative victory today at the company’s annual shareholder meeting with a narrow vote of 54% in favor of maintaining his generous salary and millions in annual bonuses. The win comes after a year-long campaign by CtW Investor Group...
General Motors CEO: ‘Nothing Precludes GM From Accepting Bitcoin if There’s Consumer Demand’
17.6.2021
The CEO of General Motors (GM), America’s largest automaker, says that nothing precludes her company from accepting bitcoin if there is consumer demand for it. “Certainly, we want to make the whole buying and ownership experience as easy as possible,” said the GM chief executive....
Fidelity Executive Believes Bitcoin’s Price ‘Bottom Is in’ After Last Month’s Market Carnage
15.6.2021
On Monday, Jurrien Timmer, director of global macro at Fidelity and co-manager of the Fidelity Global Strategies Fund, told his 56,000 Twitter followers his perspective on the current bitcoin prices. “In my view, it looks like the bottom is in,” the Fidelity executive explained, sharing...
BIS Official Insists Bitcoin Fails Means of Payment Test, Calls El Salvador’s BTC Law ‘Interesting Experiment’
11.6.2021
An official at the Bank for International Settlements (BIS) and former member of the executive board of the European Central Bank (ECB), Benoit Coeure, insists that bitcoin has not passed the test of being a means of payment. He calls El Salvador’s move to make the cryptocurrency legal tender...
Investors Still Think Activision CEO Bobby Kotick Makes Too Much Money
9.6.2021
Grass is green, the sky is blue, and Bobby Kotick is still rich. Earlier this year, Activision halved the CEO’s pay and annual bonus target after he spent years pulling in tens of millions of dollars (even after laying off employees), resulting in sustained pressure from investors. A group...
NYAG Court Order to Shut Down Coinseed Succeeds, CEO Creates Profanity Token for Attorney General
9.6.2021
The crypto trading platform Coinseed is shutting down operations according to a written statement from the company’s CEO Delgerdalai Davaasambuu. A court order secured by New York Attorney General Letitia James told Coinseed to halt all of its operations. Following the announcement of...
Amundi Executive Pascal Blanque Calls Cryptocurrencies a Farce
5.6.2021
Pascal Blanque, CIO of Amundi, one of the biggest asset managers in Europe, has stated that bitcoin and other cryptocurrencies are a farce, exposing its skeptical stance on the real value of cryptocurrencies. The investor stated that crypto assets are an expression of markets making bubbles...
Southeast Asia’s Largest Bank DBS Launches First Security Token Offering on Its Cryptocurrency Exchange
1.6.2021
DBS, Southeast Asia’s largest bank, has launched its first security token offering (STO) on its cryptocurrency exchange. The DBS Digital Bond is priced at 15 million Singapore dollars. “We expect asset tokenization to increasingly become more mainstream,” said a DBS executive....
Digital yuan conceived to counter Alipay-like platforms, says former PBoC executive
31.5.2021
Chinese "crypto dad" and ex PBoC director Yao Qian insists digital yuan is not a surveillance tool for the government
US Convenience Store Chain Sheetz to Accept Cryptocurrencies for Payments
28.5.2021
The American chain of convenience stores and coffee shops, Sheetz, announced on Thursday that the firm would be accepting digital currencies like bitcoin, ether, and dogecoin for payments. The major Mid-Atlantic chain’s executive payments manager says accepting crypto-asset acceptance...
Report: Netflix Looking To Hire Video Game Executive
21.5.2021
Netflix, the streaming service responsible for episodic masterworks like Selling Sunset and Too Hot To Handle, is looking to hire veteran gaming industry execs, according to a new report in The Information.Read more