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LMAX CEO says household names will enter crypto in the next two years

LMAX CEO says household names will enter crypto in the next two years

The next two years will be critical for institutions entering crypto, according to David Mercer, CEO of LMAX, and the much-awaited wave of interest will be driven by the customer. On this week’s episode of The Scoop, Mercer told The Block LMAX Digital has already seen a significant uptick in inquiries from banks and funds …

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Genesis CEO Details 'Black Thursday' Chaos in Q1 Lending Report

Genesis CEO Details ‘Black Thursday’ Chaos in Q1 Lending Report

Genesis, a trading firm that also lends to institutional cryptocurrency investors, has provided a behind-the-scenes look at how staffers scrambled to meet client demands as the spread of coronavirus sent bitcoin prices swooning last month.  As described in its latest quarterly lending report on Thursday, the peak of the drama came on March 12, when …

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PayPal Evaluating Blockchain Use Cases After CEO Reveals He Owns Bitcoin (BTC)

PayPal Evaluating Blockchain Use Cases After CEO Reveals He Owns Bitcoin (BTC)

A new job listing posted by PayPal shows that the payments giant is looking for a director of anti-money laundering and blockchain strategy as the company appears to be exploring how it can harness the power of the emerging technology. The team member will be tasked with evaluating blockchain use cases on top of preventing financial …

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