Former Wall Street executive Mike Novogratz has recently predicted that mass adoption of crypto and blockchain is “still five to six years away,” Blokt blockchain and tech news outlet reports July 19. Speaking at the Beyond Blocks conference in South Korea, Novogratz, CEO and founder of crypto investment firm Galaxy Digital, still expressed confidence that many institutions will come into the industry “in the next two to three years,” claiming that “without that, we will be running in circles.” However, the mass adoption of crypto and blockchain technology will come not earlier than in a half a decade, Novogratz added …

Bloomberg Terminal, a paid financial data monitoring service, will now list crypto exchange Huobi's Cryptocurrency Index, according to a press release shared with Cointelegraph today, June 21. Bloomberg Terminal will also list prices for nine crypto trading pairs, denominated in Tether (USDT), including Bitcoin (BTC), Litecoin (LTC), Bitcoin Cash (BCH), Ethereum Classic (ETC), Ripple (XRP), Dash, EOS, and ZCash. The Huobi 10 Index, designed by the Huobi Group, is calculated using asset classification and a weighted average method to track the performance of the top 10 traded digital assets on Huobi’s exchange. The press release notes that Bloomberg Terminal’s addition …

Crypto wallet Blockchain.com has hired former Goldman Sachs executive Breanne Madigan as the head of institutional sales and strategy, CNBC reports today, April 17. Madigan had worked at Goldman Sachs from 2003 to 2017 as an associate, vice president, and finally as the head of institutional wealth services, a department that managed $1.49 trln worth of total assets in 2017, CNBC reports. Blockchain.com, which has 24 mln active wallets according to CNBC, added a buy and sell feature for Bitcoin (BTC) – with Ethereum (ETH) and Bitcoin Cash (BCH) promised soon after – in 22 US states in mid-January of …

Cryptocurrency merchant bank Galaxy Digital, founded and run by former Wall Street exec Mike Novogratz, will reportedly be hiring Goldman Sachs executive Richard Kim as its new chief operating officer, Bloomberg reported yesterday, April 9. “Crypto capitalist” Anthony Pompliano posted on Twitter that the “brain drain from Wall Street continues.” Richard Kim, a former VP at Goldman Sachs, is joining Mike Novogratz’s Galaxy Digital as Chief Operating Officer. The brain drain from Wall Street continues. ?? — Pomp ? (@APompliano) April 9, 2018 Novogratz – who is one of crypto’s richest people in the world according to Forbes – left …