Exmo managing director kidnapped in Kiev

Pavel Lernet was kidnapped on December 26 at his office
27 December 2017   1411

On December 26, a 40-year-old Russian citizen, who has a residence permit in Poland, an who is an expert in the field of blockchain technologies and the managing director of EXMO LLP Pavel Lerner, disappeared in Kiev. This is reported by "Strana", referring to a source in law enforcement agencies.

As the source notes, Lerner stopped contacting during the day. With a statement about the abduction of a man in the Obolonsky district police department, his acquaintances appealed late at night.

Pavel Lerner
Pavel Lerner

It also became clear that Lerner was abducted near his work place - an office center along Stepan Bandera Street (before renaming - Moskovsky Prospekt). Unknown persons in dark clothes and balaclavas by force dragged the block-expert in the car and drove away in an unknown direction.

Law enforcers conduct investigative actions, working out possible versions of what happened. Preliminary qualification of the incident - kidnapping of a person.

In Ukraine, Pavel Lerner participated in a number of start-ups related to the blocking and crypto-currencies.

Exmo is one of the most popular EX-USSR cryptocurrency exchange with convenient interface, Russian and Ukrainian languages and national fiat currencies support. It is also worth noting that EXMO took first place as "Exchange 2017" at local "BTC Awards CIS" event.

Bakkt to be Launched in December

It is also reported that Goldman Sachs does not plan to create custodial cryptocurrency solutions based on the Bakkt infrastructure
19 October 2018   67

The expected launch of the Bakkt will take place on December 12 of this year. It is reported by The Block, citing informed sources.

Also, the material states that the investment bank Goldman Sachs does not plan to create custodial cryptocurrency solutions based on the Bakkt infrastructure. At the same time, the bank is considering the possibility of trading futures on a new platform.

In a recent Fortune interview with Bakkt, Kelly Lofler said that the cryptocurrency market is on the verge of a revolution comparable in size to the one that occurred on the energy market in the early 2000s.

Greater institutional participation in the digital asset markets requires secure and regulated custody solutions. We are impressed by BitGo’s product, unique services, and the management team. We view our investment in BitGo as an exciting opportunity to contribute to the evolution of this critical market infrastructure.

Rana Yared

Managing director, Goldman Sachs’ Principal Strategic Investments group

Bakkt is a cryptocurrency unit of the Intercontinental Exchange (ICE), which is the operator of the New York Stock Exchange. Giants such as Microsoft and Starbucks are taking part in creating of the new project, which is positioned as an “ecosystem for digital assets”.

The new platform will offer deliverable bitcoin futures to the market (unlike the settlement contracts for CBOE and CME, these are based on the underlying asset). The platform will support multiple fiat currencies.