‘If Humanity Was The Market, You Would Go Short Now’: Legendary Investor Pledges $1 Billion to Fight Climate Change

‘If Humanity Was The Market, You Would Go Short Now’: Legendary Investor Pledges $1 Billion to Fight Climate Change

Stock market investment veteran and co-founder of $70 billion fund Mayo Van Otterloo, Jeremy Grantham, has pledged to spend 98 percent of his net worth –... Details
Chip Making Giant TSMC Reports Significant Drop in Crypto Mining Revenue

Chip Making Giant TSMC Reports Significant Drop in Crypto Mining Revenue

Chip manufacturing giant Taiwan Semiconductor Manufacturing (TSMC) reported a sizeable drop in its crypto mining-related revenue in 2018. The news was revealed in the company’s Q4 2018 financial... Details
Binance Opens Fiat-to-Crypto Outpost to Target the UK and Europe

Binance Opens Fiat-to-Crypto Outpost to Target the UK and Europe

Binance, the world’s largest cryptocurrency exchange by adjusted trading volume, has taken another big step in its growth by launching a new fiat-to-crypto exchange. The exchange was opened... Details
Winklevoss Capital: Investors Are ‘Thoughtfully Dipping their Toes into Crypto,’ Not Taking the Plunge

Winklevoss Capital: Investors Are ‘Thoughtfully Dipping their Toes into Crypto,’ Not Taking the Plunge

Sterling Witzke, partner at the Winklevoss twins’ family office Winklevoss Capital, says she doesn’t think 2019 will be the watershed year for institutional investors to get... Details
Crypto Market Up $6 Billion in 4 Days: Is Bitcoin King During the Bear Market?

Crypto Market Up $6 Billion in 4 Days: Is Bitcoin King During the Bear Market?

Since January 14, subsequent to a minor correction, the crypto market has added $6 billion to its valuation as the Bitcoin price maintained stability. While many cryptocurrencies,... Details
Crypto VC Firm Seeking $60M Amid Bitcoin Rout: Good Sign?

Crypto VC Firm Seeking $60M Amid Bitcoin Rout: Good Sign?

It goes without saying that 2018’s bear season savaged the broader crypto industry. Investors lost faith, Wall Street seemingly pulled out, and entire startups collapsed... Details
Another Crypto Exchange Hacked, Could it Hurt Reputation of the Market?

Another Crypto Exchange Hacked, Could it Hurt Reputation of the Market?

On January 14, large crypto exchange Cryptopia was hacked, resulting in significant losses of investor funds. In an official statement released on Tuesday, the company said that... Details
Is Russia’s Alleged $10 Billion Bitcoin Investment Fake News?

Is Russia’s Alleged $10 Billion Bitcoin Investment Fake News?

Recent news that “Russia will buy $10 billion in Bitcoin and ditch the U.S. dollar” is backed by the flimsiest of evidence. Publications such as The Telegraph, Bitcoinist,... Details
Canada Digital ID System Could Use Blockchain to Secure Data, Says Banking Executive

Canada Digital ID System Could Use Blockchain to Secure Data, Says Banking Executive

A Canadianbanking group supports the idea of using blockchain technology as part of a digital ID system for residents, national news agency The Canadian Press reported via various local media outlets on Jan.... Details
Confusing U.S. Tax Laws Lead to $5 Billion In Unrealized Crypto Losses

Confusing U.S. Tax Laws Lead to $5 Billion In Unrealized Crypto Losses

Last year, the crypto community pointed fingers at tax payers liquidating assets in order to cover inflated tax bills due to the substantial gains realized... Details