[ad_1] Former equities portfolio manager Travis Kling has left billionaire Steven Cohen’s Point72 Asset Management to launch his own digital assets fund, Bloomberg reported September 21.Point72 is an asset management firm founded in 2014 as the successor of investment company SAC Capital Advisors. The latter pleaded guilty to federal insider trading charges and paid a $1.8 billion fine. Point 72 has offices in New York City, Hong Kong, Tokyo, Singapore,
[ad_1] One of the most hotly debated topics around cryptocurrencies is what people can actually purchase with Bitcoin and its altcoin brethren.With Bitcoin’s 10th birthday just around the corner, it's worth taking a look at some of the most outrageous and expensive things people have been able to purchase with BTC.We have certainly come a long way since the infamous Bitcoin pizza incident, where Laszlo Hanyecz ordered two pizzas from
[ad_1] The Financial Services Agency (FSA) of Japan has launched an investigation after $60 million worth of cryptocurrencies were allegedly stolen from local crypto exchange Zaif, Cointelegraph Japan reports Friday, September 21.According to the report, the FSA has sent its staff to Tech Bureau — Zaif's parent company based in Osaka — to verify whether the company will be able to cover customer losses.As Cointelegraph Japan has learnеd, the Japan
[ad_1] The Swiss Bankers Association (SBA) has issued basic guidelines for banks working with blockchain startups on Friday, September 21. As Reuters reports, the measure was taken to prevent a mass crypto exodus out of Switzerland.The document states that banks see blockchain as an opportunity for Switzerland to house financial and technology startups despite "risks," especially money laundering. Due to a significant increase of crypto-related companies based in the country,
[ad_1] Venezuela’s oil-backed cryptocurrency, the Petro, will be used for international commercial transactions starting in October 2018, according to a September 21 statement made by Nicolas Maduro.The Venezuelan president appeared on the national VTV channel to deliver his speech on the latest economic issues. As cited by the VTV website, he then announced the upcoming use of Petro on an international level, stating:"Petro comes into play as a currency for
[ad_1] Altcoin Ripple (XRP), which has seen an explosive amount of growth over the past week, has overtaken Ethereum (ETH) to be ranked number two by total market capitalization on CoinMarketCap.As of press time, Ripple has a listed market cap of around $26 billion, while Ethereum — now in third on CoinMarketCap — has around $23 billion in market cap. Bitcoin (BTC) is still ranked number one, with a market
[ad_1] This interview has been edited and condensed.Known in mainstream media as a young “Bitcoin millionaire,” within the crypto and blockchain industry, Jeremy Gardner is a known more for what he does than how much he makes.As a serial blockchain entrepreneur, educator and investor, Gardner has founded the global educational nonprofit the Blockchain Education Network and co-founded the blockchain-based prediction platform Augur. Most recently, he launched his own impact investing
[ad_1] Bitcoin Core developers published a “full disclosure” of the vulnerability affecting several implementations of the Bitcoin (BTC) client Friday, September 21, repeating calls for all nodes to upgrade to the latest version as a priority.In addition to technical details about the bug, known as CVE-2018-17144, the disclosure explains how developers dealt with the threat to the Bitcoin network, along with a timeline of its discovery and patching in Bitcoin
[ad_1] California’s campaign regulator has recently banned Bitcoin (BTC) from political donations, the Associated Press reports Friday, September 21.In August, the Fair Political Practices Commission (FPPC) had considered allowing donations in cryptocurrencies. The watchdog planned to discuss the use of Bitcoin and other cryptocurrencies for political contributions and discuss their adoption.The FPPC then held a vote on donations of cryptocurrencies like Bitcoin on Thursday, September 20. According to the AP,
[ad_1] Bitcoin (BTC) has rapidly corrected its monthly losses Friday, September 21, after markets rallied to send prices above $6,700 for the first time in two weeks.Data from Cointelegraph’s price tracker and Coin360 confirms a strong performance for Bitcoin, which had seen a week of flat trading closer to $6,200.Market visualization from Coin360The move upwards, which occurred over several hours, came as news broke that U.S. regulators had again postponed
