The CEOs of leading mining ASIC producer Bitmain will be allegedly soon be retiring to give place to a successor surnamed Wang. Jihan Wu and the Jenke Group will be reportedly soon retire as CEOs of leading mining ASIC producer Bitmain. Rumors about their departure were reported by Chinese local media Odaily on Dec. 28. […]
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Facebook is now making a stablecoin for WhatsApp, reports suggest. On Dec. 20, Bloomberg reported that Facebook is making a stablecoin for WhatsApp users. The cryptocurrency will reportedly be used for money transfers made within the messaging app and will focus on the Indian market. The move provides a curious juxtaposition for the social media […]
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The most noticeable 2018 predictions on cryptocurrency rates, blockchain adoption and a Bitcoin ETF, which either became a reality or failed. The world of cryptocurrencies is full of prophets and predictions of all ranges, just as any other financial market in the world. 2018 jumped right in with Bitcoin (BTC) hovering around $15,000 and investors […]
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The fintech and crypto leader for Asia at PricewaterhouseCoopers (PwC) believes that many institutional players will enter the crypto space in 2019. Henri Arslanian, the Asia fintech and crypto leader of PricewaterhouseCoopers (PwC) Hong Kong, has predicted that many institutional players will enter the crypto industry in 2019. Arslanian made this claim during an interview […]
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Bloomberg’s recent article claims that Wall Street’s “dreams” of crypto businesses are now shelved and “in limbo.” Wall Street giants are postponing their plans to more actively enter the crypto industry as the value of cryptocurrencies has fallen, Bloomberg reports Sunday, Dec. 23. The article begins: “Limbo — that’s where to find Wall Street when […]
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Blockstream launches a fifth BTC blockchain satellite into space, and a report accuses many exchanges of wash trading. Top Stories This Week Blockchain Firm Blockstream Launches Fifth Bitcoin Blockchain Streaming Satellite Blockstream, a blockchain development firm, expanded its satellite service this week with a fifth leased satellite broadcasting the Bitcoin (BTC) blockchain to all of […]
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CEO Brian Armstrong is the first crypto entrepreneur to join billionaire-backed charity program The Giving Pledge. Coinbase CEO Brian Armstrong has become the first crypto entrepreneur to join billionaire-backed charity program The Giving Pledge, CNBC reports Friday, Dec. 21. Founded by moguls Bill Gates and Warren Buffett, the Giving Pledge campaign is now for the […]
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Sources familiar with the matter told Bloomberg that Facebook is developing a cryptocurrency for transfers in WhatsApp. Facebook is reportedly making a cryptocurrency for users of the messaging service WhatsApp, Bloomberg reports on Dec. 20. The token will purportedly be used for money transfers made within the app, and will focus on the remittances market […]
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Former AQR Capital Management exec: despite the massive crypto collapse, markets deserve a “B+ grade” in 2018. Despite a massive sell-off this year, a former AQR Capital Management executive gave crypto markets’ 2018 performance a “B+ grade” in an op-ed for Bloomberg, Dec. 20. Aaron Brown — AQR’s former Chief Risk Manager and an author […]
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Binance crypto exchange CEO Changpeng Zhao said that 2018 is a “correction year” for cryptocurrencies. Changpeng Zhao called 2018 a “correction year” for crypto currencies while expressing optimism for the future of the crypto industry during a Bloomberg interview published on Dec. 19. Zhao spoke in reference to the bear market plaguing traders this year, […]
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