Categories: News

Roger Ver is appointed as CEO of MGT Capital Investments

According to recent reports, MGT Capital Investments, Inc. has decided to appoint Roger Ver, a popular member of the bitcoin community, as the Chairman of their Cryptocurrency Advisory Board.

The appointment, which is effective immediately, is meant to ensure that the investment company keeps a close eye on the potential of digital currencies, while also facilitating the release of new products for their customers.

In a recent press statement, John McAfee, the future CEO of MGT Capital, has stated: Roger and I both understand that cryptocurrencies are here to stay and that the greatest risk to cryptocurrency users is the uneven security surrounding these currencies. Even the most experienced Bitcoin user, for example, risks financial loss if a clever hacker targets them (…) If these types of cyber threats are not remedied, the world risks financial chaos as cryptocurrencies are widely adopted”

At this moment in time, MGT Capital Investments, Inc. is trying to acquire a large portfolio of cyber security businesses, only to later address cyber security threats and offer people potent protection software against them.

Related Post

For those that do not know, Roger Ver is one of the earliest Bitcoin investors, having helped seed numerous bitcoin-related businesses. In fact, his reputation has earned him the nickname of Bitcoin Jesus.

Based on everything that has been outlined so far, what do you personally think about Roger Ver’s appointment as CEO of MGT Capital Investments, Inc.? Let us know your thoughts in the comment section below.

Source: PRNewswire

If you liked this article follow us on Twitter@themerklenews and make sure to subscribe to our newsletter to receive the latest bitcoin and altcoin price analysis and the latest cryptocurrency news.

Daniel Dob

Daniel is a bitcoin investor and journalist for numerous news outlets in the financial sector. When he's not writing, trading, or interviewing people, you can find him swimming, reading or taking one of his hobbies to the next level.

Share
Published by
Daniel Dob

Recent Posts

$50M AAVE Purchase Sparks Debate Over DeFi Safeguards

A massive decentralized finance trade has drawn widespread attention after a user attempted to purchase…

19 hours ago

Ethereum Sets Out To Become A “Sanctuary Technology”

Ethereum co-founder Vitalik Buterin has unveiled a newly released Ethereum Foundation (EF) Mandate, outlining the…

19 hours ago

TOKEN2049 Dubai Postponed To 2027 Following Security Concerns After Regional Drone Attacks

One of the world’s most prominent cryptocurrency conferences, TOKEN2049, has officially postponed its upcoming Dubai…

19 hours ago

Vitalik Buterin Reconsiders Ethereum’s Core Role, Says Data Availability May Matter More Than Smart Contracts

Discussions around blockchain technology often place smart contracts at the center of everything. But recently,…

2 days ago

XRP ETFs Pull About $1.4B Inflows as Retail Investors Lead Demand, BlackRock Launches Ethereum Staking ETF

Interest around crypto exchange-traded funds (ETFs) continues to grow, and new data suggests that XRP-related…

2 days ago

Ledger Researchers Reveal MediaTek Flaw That Could Expose Crypto Wallets on Android Phones

Security researchers at Ledger say they have uncovered a serious vulnerability affecting Android smartphones that…

3 days ago