Tag Archives: CIO

The Morning Download: Ethereum Blockchain Faces Test as CryptoKitties Go Viral – CIO Journal.

Sign up here for The Morning Download, and get the most important news in business technology emailed to you each weekday morning. Good morning. The rise of cryptocurrencies was tested Thursday as the blockchain-based Ethereum network continued to be overrun by a surge in the trading of virtual kittens. The network experienced a slowdown in […]

Ethereum Network Copes With Surge of Activity as Virtual Kitten Game Goes Viral – CIO Journal.

BOSTON – The blockchain-based Ethereum network continued to be overrun Thursday by a surge in trading virtual kittens. The network experienced a slowdown in the processing of total transactions this week because of the popular game CryptoKitties, in which people can collect and breed cartoon cats using the digital currency ether. Since the game debuted […]

$100 Bitcoin? Japan Post Bank’s CIO Blasts ‘Bubble’ Value

Bitcoin’s astonishing price rally this year continues to attract skeptics. The latest to join the fray is Katsunori Sago, chief investment officer of Japan Post Bank, who said he believes the world’s largest cryptocurrency by market capitalization is in bubble territory. Speaking to Reuters today, Sago argued that the true fair value for bitcoin is around $100, […]

CIO Opinion – Cryptocurrency, the India story

This cool button delivers CIO stories to you on Facebook: Excerpt from a recent news article read ‘If you had invested INR 4,500 in Bitcoin in 2010, today the investment would be worth INR 459 Crores.’ This does not make sense! Why is it that most people reading this article would not even think about […]

Former UBS CIO joins IOTA

Oliver Bussmann, former CIO at UBS, the $3 trillion money manager. IOTA The former head of technology at one of the largest banks in the world has joined the team behind IOTA, the ninth largest cryptocurrency on the market. Oliver Bussmann served as the chief information officer of Switerland-based UBS, the global financial services firm […]

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