Crypto Merchant Bank Galaxy Digital Lost $134 Million in The First Quarter of 2018

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Earlier this month, Mike Novogratz predicted that mass adoption of crypto and blockchain is “still five to six years away.” Novogratz said that one of the major obstacles preventing widespread adoption is the increasing “cost of technical talent” as well as the doubts of conventional investors, who are aggravated by “no clear precedent for the financial industry.”

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