According to Capgemini’s World Wealth Report 2018, almost two thirds of surveyed millionaires are interested in investing in cryptocurrencies. In its World Wealth Report 2018, consulting firm Capgemini identified a marked growth of interest in cryptocurrencies among rich investors, Cointelegraph auf Deutsch reported yesterday, June 19. For the report, Capgemini interviewed high-net-worth individuals (HNWI) and asset managers around the world about their interest in cryptocurrencies. According to the report, nearly a third (29 percent) of the surveyed millionaires expressed a high interest and more than a quarter […]

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Goldman Sachs is considering crypto derivatives in addition to Bitcoin futures. Leading U.S. investment banking group Goldman Sachs is exploring cryptocurrency trading derivatives, Goldman Sachs Chief Operating Officer (COO) said in an interview with Bloomberg June 20. COO David Solomon stated that the company is already assisting clients in publicly-traded derivatives such as Bitcoin (BTC) futures, and that the company is “very cautiously” considering “some other activities” in the field. According to Solomon, the purpose of the company is to “evolve its business and adapt to the […]

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South Korea’s leading crypto exchange Bithumb halt’s services, moves crypto assets to cold storage following $30 million hack. South Korea’s biggest cryptocurrency exchange Bithumb is scrambling to protect users funds after a large scale hack. Initial reports from the Yonhap new agency indicate that over $30 million worth of cryptocurrencies were stolen during a cyber attack on June 19. Cointelegraph Japan was informed that the hot wallet was hacked during the night and cryptocurrency stolen included Ripple. Once the exchange was made aware of the attack, it […]

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What is HashByte? Changes are already afoot in the fast-paced Cryptocurrency industry and more specifically crypto mining. There are now movements away from the energy-intensive Bitcoin mining ASIC approach to a more cloud mining concept which is a lot more eco-friendly. HashByte – the new kid on the block – has been involved with the Cryptocurrency market since the early days back in 2009. Computer and phones can be used with the new online transaction approach – hash power. Not only does the user enjoy a lot […]

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A new project for a stabilized cryptocurrency that would function ‘like normal money,’ has received backing from Peter Thiel, Coinbase, and 40 others. A new project for a stabilized cryptocurrency that would function “like normal money,” has received backing from Peter Thiel, Coinbase, Distributed Global, GSR.IO and 40 others, according to a press release shared with Cointelegraph June 20. The developmental-stage stable-value crypto project is dubbed “Reserve,” and closed a collective $5 mln seed round to develop a fully decentralized cryptocurrency that works “by locking up other […]

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Rapper and singer Akon has announced the creation of his own cryptocurrency, the Akoin, to be used in his new crypto city. Rapper and singer Akon of twelve Billboard Top Ten Hits, including the famous “Smack That,” has announced the creation of his own cryptocurrency for use in his new African “Akon Crypto City,” Page Six reported yesterday, June 19. During a panel at Cannes Lion, Senegal-descended Akon said that his cryptocurrency, the Akoin, will be available in two weeks for use in the 2,000 acres of […]

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