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Mike Novogratz’s Galaxy Digital to Launch Bitcoin Fund in Canada
18.11.2020
Galaxy Digital, the crypto investment management firm founded by bitcoin bull Mike Novogratz, has revealed plans to launch a bitcoin fund in Canada. In a statement published Nov. 16, Galaxy Digital said it has partnered with major Canadian fund manager CI Global Asset Management for the launch....
Bitcoin Evangelist Andreas Antonopoulos Plans to Testify in Billion-Dollar Bitcoin Lawsuit
18.11.2020
On Monday evening November 16, the popular bitcoin evangelist Andreas Antonopoulos tweeted about his upcoming role in the high-profile billion-dollar bitcoin lawsuit, Kleiman v. Wright. Antonopoulos said that he will be “testifying at trial” during the month of April 2021, even though...
Crypto Long & Short: What We’re Getting Wrong About Druckenmiller and Bitcoin
15.11.2020
Stanley Druckenmiller’s comments about bitcoin were blown out of proportion. They were positive for crypto, but not for the reasons most believe
Privacy should be at the core of CBDCs, says Boston Fed research director
13.11.2020
Privacy should be a key talking point from the beginning of CBDC development
Kucoin Recovers 84% of Funds Stolen in $280 Million Hack
11.11.2020
Kucoin chief executive officer Johnny Lyu revealed Wednesday that the exchange recovered 84%, or $235 million, of the $280 million stolen in one of crypto industry’s biggest hacks in September. In a tweet, Lyu said the affected funds have been recovered “via approaches like on-chain...
$100K Bitcoin: S2F Author Confident With His Model, Suggests Six-Figure BTC Price by 2021
10.11.2020
Not too long ago, the author of the controversial bitcoin stock-to-flow (S2FX) price model said that the model was “perfectly on track.” On Sunday, November 8, the S2FX creator known as “Plan B” reiterated his belief in the model and told his Twitter followers that he...
Every Major Bank Will Have Exposure to Bitcoin, Says Renowned Fund Manager Bill Miller
9.11.2020
Veteran investor Bill Miller says that all major banks, investment banks, and high net worth firms will eventually have some exposure to bitcoin or something like it. He said that bitcoin’s staying power is getting better every day. Bill Miller’s Bullish Statements About Bitcoin...
Ethereum User Spends $9,500 in Fees Sending Just $120 in an Error to Forget
8.11.2020
An Ethereum user mistakenly paid $9,500 in transaction fees to send just $120. The user, identified by their Reddit moniker ‘Proudbitcoiner’, says the transaction “destroyed my life” and is now desperately asking miners to return the money. According to a Nov. 4 post...
83 Tons of Fake Gold Bars Backing $3 Billion Loans in China: This Man Claims to Know the Truth
5.11.2020
The gold industry was shaken when it was discovered that 83 tons of fake gold bars were used to back loans worth 20 billion yuan in China. While Chinese authorities have not said whether the real gold exists or where it is, an insider claims to know what happened. The Mystery Behind the Chinese...
Tron's JustLink Said to be a Chainlink 'Copy-Paste'; Tron Mainnet Attacked
2.11.2020
Following the launch of JustLink as an "oracle answer for Chainlink on Tron," some are thinking it's more than just an answer - accusing the team behind the network and the project's founder Justin Sun of another blatant copy-paste. Meanwhile, the network's mainnet suffered an attempted...
Kraken CEO: ‘Defi Scams’ Must Take Their Losses as Way to ‘Enlightenment’
29.10.2020
Jesse Powell, chief executive officer of the world’s fourth-largest crypto exchange Kraken, has criticized decentralized finance (defi) projects, accusing them of being “scams” that enter the market too quickly, unprepared. In a charged Oct. 26 tweet, Powell said...
Marathon Buys Additional 10,000 Antminers to Become Largest US Bitcoin Miner
28.10.2020
Nasdaq-listed Marathon Patent Group is buying 10,000 of the more efficient Antminer S19 Pro bitcoin miners from Bitmain in a deal worth millions of dollars. ▪ Marathon said the deal would boost the company’s operations to 23,560 next-generation miners, “making it the largest...
$1 trillion is a conservative market cap for Bitcoin, said investment CIO
27.10.2020
He believes it could happen if mainstream companies put a mere 1% of their holdings into the market
Grayscale Adds $300 Million in Cryptocurrency Assets Under Management in Just 24 Hours
23.10.2020
Grayscale Investments said Thursday that it added $300 million in net assets under management (AUM) in just the last 24 hours. ■ The firm now has a record $7.3 billion in total AUM, according to a tweet by Barry Silbert, chief executive officer of the Digital Currency Group, Grayscale’s...
PayPal Said to Be in Talks to Buy Crypto Firms Including Bitgo: Bloomberg
22.10.2020
PayPal is exploring purchases of cryptocurrency companies including bitcoin custodian firm BitGo, Bloomberg reported, citing people familiar with the matter. This story is developing. It will be updated as more is known
Bitmex Fast-Tracks KYC Program as Regulators Tighten Screws on Anti-Money Laundering Rules
22.10.2020
Bitmex said Wednesday that it is fast-tracking its user verification program in order to comply with regulatory requirements. Users must now be fully verified by Nov. 5, 2020 “to continue trading on the platform,” it said. In a statement, the crypto derivatives exchange stated that...
Mt Gox Rehabilitation Plan Delayed Again to December 15
15.10.2020
The submission deadline for the Mt Gox civil rehabilitation plan has been extended once again, this time to December 15. The deadline has been pushed back at least three times before, including in the latest case, where submission was scheduled for October 15. Mt Gox’s rehabilitation trustee...
Bitcoin Miner Marathon Agrees to Deal That Cuts Electricity Costs by 38% With US Power Company
15.10.2020
Nasdaq-listed Marathon Patent Group has agreed to a joint venture deal with U.S. independent power producer Beowulf Energy to deliver cheap electricity for its bitcoin mining operations in the country’s north. In a statement on Tuesday, Marathon said that it will co-locate a bitcoin mining...
Trump Administration Said to Mull Putting Digital Payments Giant Ant Group on Trade Blacklist: Report
14.10.2020
The move comes as Ant, a global leader in digital payments, is readying to go public in what could be an offering worth up to a record $35 billion
Spain Approves Bill Requiring Cryptocurrency Owners to Disclose Crypto Holdings and Gains
14.10.2020
Spain’s government has reportedly approved a bill that requires cryptocurrency owners to disclose their crypto holdings and any gains on their assets. Spain’s Finance Minister and the government’s spokesperson, Maria Jesus Montero, said at a press conference following the weekly...