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Important Blockchain and Cryptocurrency News

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The incident with the UPbit cryptocurrency platform was resolved. The company has successfully passed a financial audit by regulators. No apparent financial violations were identified. As it turned out, the problem arose because the authorities misinterpreted the use of several wallets at the same time.

Fred Smith, one of the FedEx directors, expressed his support of the blockchain technology during a summit in New York. The entrepreneur noted that modern companies need to implement blockchain in their operation. Otherwise, companies can start preparing for a soon extinction. This is especially important for companies dealing with cross-border transportation.

CFO of the Commonwealth Bank from Australia, Rob Jesudason, resigned from his position and joined the EOS team as CEO of Block.one. According to company representatives, Rob is an ideal candidate for the position. Previously, he had led the innovator’s policy and created a regulatory framework for the introduction of innovations by working in the bank. He also has extensive experience in cooperation with large financial companies.

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