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CoinDesk Hires Foster Wright as President

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CoinDesk, the global media platform for the next generation of investors, today announced that Foster Wright has joined CoinDesk as President. Wright most recently was a Senior Executive Director at Institutional Investor, where he helped build the financial adviser/RIA media and events business and served on the senior management team for the parent company Euromoney Institutional Investor. At CoinDesk, Wright will lead the company’s commercial efforts across digital media, live events, data, and research. He will report to CoinDesk CEO Kevin Worth.

“Foster is an outstanding addition to the CoinDesk leadership team, bringing a wealth of knowledge and experience building top-tier businesses that serve the traditional investment community,” said Kevin Worth, CoinDesk CEO. “Foster will play an integral role in helping CoinDesk bridge the gap between digital assets and global investors as blockchain technology continues to attract attention around the world.”

“Digital assets have become a global asset class in recent years and the financial media has been slow to understand the impact of this emergence,” said Foster Wright. “CoinDesk is at the forefront of this exciting industry and has an opportunity to educate and inform global investors – from individuals to large institutions – about investment opportunities in this transformative technology.”

As the senior commercial executive at CoinDesk, Wright will oversee sales, marketing, and events operations, among other responsibilities. He will also work closely with CoinDesk Chief Content Officer Michael Casey and his team to ensure CoinDesk’s conferences continue to be the most essential and significant events in the industry.

Each May, CoinDesk hosts the annual Consensus conference, the premier event for digital assets and the global blockchain ecosystem. Consensus 2020 will be held on May 11-13, 2020 at the Hilton Hotel in New York City, and will draw thousands of stakeholders from more than 80 countries around the world.

Before joining CoinDesk, and in addition to his work with Institutional Investor, Wright was the President of Inside ETFs and global head of sales for ETF.com. He also held senior roles at Asset International (publishers of PLANSPONSOR, PLANADVISERai CIOThe Trade and Global Custodian), where he launched and ran the PLANADVISER franchise as well as the conferences and events business.

Wright was also the CEO, Chairman and owner of FinanceAsia and AsianInvestor in Hong Kong before successfully selling the business to Haymarket (UK) in 2005. He began his financial media career with Euromoney PLC in London.

An independently operated subsidiary of Digital Currency Group, CoinDesk explores how digital assets and blockchain technology are contributing to the evolution of the global financial system.

 

SOURCE Digital Currency Group / Genesis Global Trading

Blockchain

39% of Canada’s institutional investors have exposure to crypto: KPMG

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According to a report from CoinTelegraph, nearly forty percent of institutional investors in Canada have exposure to cryptocurrency, as revealed by KPMG. This finding underscores the growing acceptance and adoption of digital assets among institutional investors in the country.

The report indicates that a significant portion of institutional investors in Canada are actively investing in or exploring opportunities in the cryptocurrency market. This trend reflects a shift in sentiment towards digital assets, with more investors recognizing the potential for long-term growth and diversification offered by cryptocurrencies.

KPMG’s findings highlight the increasing mainstream acceptance of cryptocurrencies among traditional investors, as well as the growing interest in blockchain technology and its potential applications across various industries. As institutional investors continue to enter the cryptocurrency market, they are expected to bring additional capital and liquidity, further fueling the growth and maturation of the digital asset ecosystem.

Overall, KPMG’s report signals a significant milestone in the adoption of cryptocurrencies in Canada, indicating that institutional investors are increasingly recognizing the value proposition of digital assets and integrating them into their investment portfolios. This trend is likely to accelerate the broader adoption and mainstream acceptance of cryptocurrencies in the country and beyond.

Source: cointelegraph.com

The post 39% of Canada’s institutional investors have exposure to crypto: KPMG appeared first on HIPTHER Alerts.

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Blockchain

BounceBit (BB) Megadrop Now Open: Participate by Subscribing to BNB Locked Products or Completing Web3 Quests

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The BounceBit (BB) Megadrop is now open for participation, as announced by Blockchain.News. This event presents an exciting opportunity for users to earn BB tokens by engaging in various activities, including subscribing to BNB locked products and completing Web3 quests.

Participants can join the BB Megadrop by subscribing to BNB locked products or completing Web3 quests, both of which offer different avenues for earning BB tokens. By participating in these activities, users have the chance to accumulate BB tokens and potentially benefit from the rewards associated with the Megadrop.

Subscribing to BNB locked products allows users to earn BB tokens by locking their BNB assets for a specified period. This not only provides users with an opportunity to earn rewards but also contributes to the liquidity and stability of the BounceBit ecosystem.

Additionally, completing Web3 quests offers users an alternative way to earn BB tokens by engaging in various tasks and challenges related to Web3 technology. These quests provide users with a fun and interactive way to learn about blockchain and cryptocurrency while earning rewards in the form of BB tokens.

Overall, the BB Megadrop presents an exciting opportunity for users to participate in the BounceBit ecosystem and earn rewards by engaging in activities that contribute to the growth and development of the platform. As the Megadrop progresses, participants can look forward to additional opportunities to earn BB tokens and potentially benefit from the rewards associated with this event.

Source: blockchain.news

The post BounceBit (BB) Megadrop Now Open: Participate by Subscribing to BNB Locked Products or Completing Web3 Quests appeared first on HIPTHER Alerts.

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Blockchain

Cronos collaborates with KYVE to revolutionize Blockchain Data

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Cronos, a prominent blockchain platform, has announced a collaboration with KYVE aimed at revolutionizing blockchain data, as reported by CryptoNewsZ. This partnership represents a significant step forward in enhancing the efficiency and scalability of blockchain data storage and retrieval.

The collaboration between Cronos and KYVE seeks to leverage KYVE’s decentralized data storage and retrieval solution to enhance the capabilities of the Cronos blockchain platform. By integrating KYVE’s technology, Cronos aims to address the challenges associated with storing and accessing large volumes of data on the blockchain, such as scalability and cost-effectiveness.

KYVE’s decentralized data storage solution utilizes a network of distributed nodes to store and retrieve data, ensuring high availability and reliability. This approach not only improves the efficiency of data storage and retrieval but also enhances the security and resilience of the blockchain network.

The partnership between Cronos and KYVE is expected to unlock new possibilities for decentralized applications (dApps) and smart contracts built on the Cronos platform. By providing a more efficient and scalable solution for blockchain data management, Cronos aims to attract developers and enterprises seeking to leverage blockchain technology for a wide range of applications.

Overall, the collaboration between Cronos and KYVE represents a significant development in the blockchain industry, highlighting the importance of innovation and collaboration in driving the evolution of decentralized technologies. As the partnership progresses, it is poised to deliver transformative benefits for blockchain data management and accelerate the adoption of decentralized applications and services.

Source: cryptonewsz.com

The post Cronos collaborates with KYVE to revolutionize Blockchain Data appeared first on HIPTHER Alerts.

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