As Chinese-owned Bitcoin mining operations open around the US, concerns over national security have been raised. With the potential for hackings and surveillance, the question of who holds the real power in the virtual currency is uncertain.
Dubai-based asset management firm JPEX has announced it is winding down operations, citing failed partnerships as a key factor in its closure. The move comes as a surprise to many within the industry, with the company’s short but meteoric rise now having come to an end.