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Cryptocurrency news today: Central Pacific Bank Foundation Received their first cryptocurrency donation and a 32-year-old NASA engineer's pastime is betting on cryptocurrency

 

The Central Pacific Bank Foundation has received its first cryptocurrency donation, according to the organization. With the help of Engiven Inc., a supplier of cryptocurrency management software, the foundation has formed a partnership. The CPB Foundation has made donations totaling $1.6 million to local communities in the last year. Local banks may be able to accept cryptocurrency contributions via a firm based in Hawaii's Digital Currency Innovation Lab.

While A 32-year-old NASA engineer uses bitcoin to place bets on companies he believes will outperform the market - and his pastime has proven profitable. As a result of his pastime, Hayden Burgoyne has been able to pay for both his wedding and honeymoon in South America, making it "more profitable than most." The event, which is being hosted by the San Francisco hedge firm Numerai, will draw about 3,500 participants from all over the globe.

A tournament known as the Numerai Tournament crowdsources amateur quants who analyze market data, stake cryptocurrency known as Numeraire on their stock selections, and are rewarded with more Numeraire depending on their success.

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