HIVE Blockchain Technologies Ltd. announced that it has appointed Marco Streng, CEO of Genesis Group and a co-founder of HIVE, as its Vice Chairman and that it has appointed Darcy Daubaras as Chief Financial Officer effective immediately. Mr. Daubaras replaces Jessica Van Den Akker who has resigned from the Company. Mr. Daubaras will assume responsibility for signing off on the company's second quarter financial statements.

Management believes that these are positive corporate developments for HIVE and mark important milestones for the company as it continues to expand its blockchain footprint and looks towards positive cash flow generation. Marco Streng is the CEO and co-founder of Genesis as well as a co-founder of HIVE and brings significant experience in the blockchain infrastructure ecosystem. Mr. Daubaras brings over 20 years of experience in corporate accounting and public company service.

Prior to joining HIVE, Darcy was a member of the executive team at FinancialCAD Corporation.