New York-based True Digital announced the appointment of former Bridgewater Associates COO Thomas Kim as its new CEO. New York-based fintech company TrueDigital Holdings (TDH) announced the appointment of former Bridgewater Associates chief operating officer Thomas Kim as its new CEO through a post on its website on Feb. 19. Before his time at Bridgewater […]
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Third-largest cryptocurrency exchange OKEx has added 4 additional crypto assets pairs to its margin trading platform. Malta-based cryptocurrency exchange OKEx has added four new crypto derivative pairs to its platform, according to a press release shared with Cointelegraph on Feb. 19. OKEx, the third-largest crypto exchange by trade volume, has announced the listing of Bitcoin […]
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U.S. hardware manufacturer Nvidia reported full-year revenue gains in 2018. On Feb. 14, California-headquartered gaming and computer hardware manufacturer Nvidia reported full-year revenue gains in 2018, despite being one of the companies worst hit by the cryptocurrency market dip and subsequent lack of demand for mining components. The firm’s main products include graphics processing units […]
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Yoshitaka Kitao is vesting his future hopes for crypto in Ripple and R3 technologies. Yoshitaka Kitao, CEO and representative director of Japanese financial services giant SBI Holdings, has singled out Ripple (XRP) and blockchain consortium R3 as reasons to remain optimistic about the future of the crypto industry — bear market notwithstanding. Kitao made his […]
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MIT Technology Review argued that blockchain tech is hackable due to both system bugs and the human factor. MIT Technology Review magazine has published an article today, Feb. 19, arguing that security-touted blockchain tech is still vulnerable to hacks. The magazine is fully owned by the United States Massachusetts Institute of Technology (MIT). In the […]
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Ethereum co-founder Vitalik Buterin has disclosed that his crypto investments are virtually exclusively devoted to the Ethereum network. Ethereum (ETH) co-founder Vitalik Buterin has disclosed that his crypto investments are virtually exclusively devoted to the Ethereum network, in a post published to an “Ask Me Anything” (AMA) Reddit thread on Feb. 18. The AMA post […]
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According to Bloomberg, investors turn to staking for gains in the crypto bear market, but there are risks. Volatility coupled with one of the longest bear markets ever experienced by the cryptocurrency industry have compelled many investors to consider staking as a method of “playing it safe,” according to a Bloomberg article. Staking, which is […]
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Japan’s central bank examines central bank digital currencies in a new report, laying out their benefits and drawbacks. Japan’s central bank has examined the role of central bank digital currencies (CBDCs) in the current monetary system in a report released on Feb. 19. In the document, the bank describes the possible ways to implement a […]
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Coinbase has acquired a London-based blockchain intelligence startup to prevent theft of funds and investigate attacks. United States cryptocurrency exchange and wallet Coinbase has acquired blockchain intelligence startup Neutrino, according to a post published in the company’s blog on Tuesday, Feb. 19. Coinbase reveals that the company will continue to operate as a standalone business […]
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The government of Seoul plans to spend $1 billion to support blockchain and fintech startups via an investment fund. The Seoul Metropolitan Government has announced plans to invest more than $1 billion in blockchain and fintech startups by 2022, according to the official announcement published on Feb. 18. According to the release, the South Korean […]
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