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Private credit unlikely to be able to bail CLOs out by refinancing loans
No one is sure when AI's threat will strike, or where
EU regulator to weigh competing governance and cost models
Questions hang over the future of software as a service firms
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Technology M&A will continue to power corporate finance activity in 2019 but, as deals increasingly cross sectors, banks are having to re-tool their coverage and break up internal silos, writes David Rothnie.
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This week, a major cryptocurrency suffered an attack that strikes at the very heart of what makes cryptocurrencies valuable. And yet, for some reason, holders (or HODLers in the parlance of those in the know) didn't seem to mind. This raises the question: if a hack happens in the forest and no one cares, did it really happen?
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The cryptocurrency market, fresh from a hellish year in which 83% of its $800bn market cap went up in smoke, is facing a new, and altogether more serious threat: the 51% attack.
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As bitcoin investors reel from losses sustained last year, UK bitcoin exchange group Coinfloor has spun off its futures arm into a new exchange that will be owned by a number of firms and prominent individuals in the cryptocurrency market.
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New bitcoin futures engineered by Bakkt, a cryptocurrency firm set up by Intercontinental Exchange, will be delayed, according to a market notice released by ICE on New Year’s Eve.
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UBS has hired former Deutsche Bank innovation head Elly Hardwick as chief digital officer, and rehired Rick Carey as chief technology officer, part of a broader revamp of the firm’s technology team.