Caught Up in Steem Squabble, Bittrex to Return Tokens Diverted in Hard Fork
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Caught Up in Steem Squabble, Bittrex to Return Tokens Diverted in Hard Fork

Bittrex really didn’t want to get involved in the war that’s currently raging within the Steem community. Richie Lai, co-founder of the U.S.-based crypto exchange, posted an announcement late on Wednesday saying his firm would return – reluctantly, it seems – million of dollars worth of disputed cryptocurrency back to a Steem wallet no one knows who controls. After the 23.6 million steem tokens were confiscated from community dissenters in a tit-for-tat Steem hard fork Wednesday, they were quickly diverted to Bittrex by an unknown individual (or individuals) in the hope they would be returned to their original 64 owners – currently all persona non grata at the blockchain project. The controversial hoard is worth a little over $5 million at press time and was worth approximately $6.3 mill...
AI, Machine Learning & Big Data for Banks & Financial Institutions
Blockchain

AI, Machine Learning & Big Data for Banks & Financial Institutions

 Claiming Back Your VATAll attendees of a London based course incur VAT as a part of the cost of attendance.Euromoney Learning have partnered with VAT IT to allow you the unique opportunity to recoup the VAT incurred.Using VAT IT's extensive experience and simple sign-up and refund process, every invoice can be turned into cash for your business.Claim the VAT that's rightfully yours in four simple steps: 1. Register your interest 2. Sign a few simple documents 3. VAT IT processes your claim 4. Receive your refund Why choos...
Billionaire investor Paul Tudor Jones says he’s loading up on bitcoin (GBTC) | Currency News | Financial and Business News
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Billionaire investor Paul Tudor Jones says he’s loading up on bitcoin (GBTC) | Currency News | Financial and Business News

REUTERS/Eduardo Munoz Billionaire investor Paul Tudor Jones is buying bitcoin, Bloomberg reported Thursday. The hedge fund manager said his fund may hold as much as a low single-digit percentage of its assets in bitcoin futures to help protect against a rise in inflation, according to the report. Paul Tudor Jones is the founder and CEO of Tudor Investment Corp., which managed $38.4 billion as of March 30, according to data from the SEC. Visit Business Insider's homepage for more stories. Billionaire hedge fund manager Paul Tudor Jones is buying bitcoin, Bloomberg reported on Thursday. Jones told his clients in a market outlook note that he believes bitcoin will serve as a hedge against a jump in inflation he thinks is coming, due to central banks printing money and sharply expanding...
Russia Considering Draconian Rules for Illegal Crypto Operations
PR Wire

Russia Considering Draconian Rules for Illegal Crypto Operations

Harsh new rules making many uses of digital assets punishable with fines or prison might soon become law in Russia.  New draft bills setting out how Russia should regulate cryptocurrencies were sent to the country’s parliament, the State Duma, earlier this week. Although the official website for the planned legislation hasn’t been updated yet, the two documents have been published in the OrderCom Telegram channel and were confirmed as genuine by sources of Russian news outlet RBK.  The legislative proposals were reportedly written by staff at the Digital Economy think tank and the Skolkovo business accelerator. They seek a new version of the bill on digital assets, which has been stuck in the Duma for more two years now, as well as crypto-focused additions to the country’s criminal code. ...
Digital Transformation & Leadership in the Banking & Finance Industry
Blockchain

Digital Transformation & Leadership in the Banking & Finance Industry

 Claiming Back Your VATAll attendees of a London based course incur VAT as a part of the cost of attendance.Euromoney Learning have partnered with VAT IT to allow you the unique opportunity to recoup the VAT incurred.Using VAT IT's extensive experience and simple sign-up and refund process, every invoice can be turned into cash for your business.Claim the VAT that's rightfully yours in four simple steps: 1. Register your interest 2. Sign a few simple documents 3. VAT IT processes your claim 4. Receive your refund Why choos...
5 reasons bitcoin price could hit $100,000 in 2021 as Tudor Jones buys
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5 reasons bitcoin price could hit $100,000 in 2021 as Tudor Jones buys

Mark Yusko, the CEO and chief investment officer at Morgan Creek Capital Management, shared several reasons he thinks bitcoin's price will hit $100,000 by the end of 2021.Yusko said it would be "perfectly logical" for bitcoin to hit $400,000 to $500,000 if its market capitalization moves toward that of gold.The call comes after the legendary investor Paul Tudor Jones' recent disclosure that he's built a stake of bitcoin futures, making him the latest investment mogul to buy the cryptocurrency.Click here for more BI Prime stories. With the legendary investor Paul Tudor Jones disclosing purchases of bitcoin futures for the first time, it's become increasingly clear that market denizens who were once skeptical about the cryptocurrency are revisiting their stance.But...
Crypto Custodian Anchorage Teases Growth Plan With 2 Executive Hires
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Crypto Custodian Anchorage Teases Growth Plan With 2 Executive Hires

Anchorage now has six executives in its C-suite, hiring a head of finance and head of sales with experience in both tech and Wall Street. Julie Veltman, who’s joining the crypto custodian as head of finance, has issued new asset-backed securitizations for Merrill Lynch’s Structured Product Capital Markets group. She also built out a broker-dealer, debt issuance platform and fixed-income trading business for financial services firm Cohen & Company. Most recently, Veltman drove financial planning, reporting, and efficiency at Salesforce.  Geoff Clauss, who’s joining Anchorage as head of sales, has more than two decades of experience in private equity, wealth management and fintech. Before Anchorage, Clauss spent seven years overseeing sales at wealth management platform Addepar. He also...
Blockchain Explained: The rise of private blockchains
Blockchain

Blockchain Explained: The rise of private blockchains

What companies are using private blockchains today and why? Walmart has developed a blockchain system based on Hyperledger Fabric to trace the provenance of their products. The blockchain allows suppliers to upload certificates of authenticity to the ledger securely, bringing more trust to a system and enabling the company to trace products back to source within seconds rather than days. After successful trials with two products, the company is looking to roll it out further. Like other private blockchains, Walmart’s traceability system does require its suppliers to participate in the system to ensure its veracity, but the company is large enough to impel them to comply.  De Beers has launched a ‘secure and immutable trail’ using a private blockchain called Tracr, to verify t...
A hedge-fund chief overseeing $2 billion shares 5 reasons he sees bitcoin surging 900% by the end of 2021 as Paul Tudor Jones dives into the asset | Currency News | Financial and Business News
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A hedge-fund chief overseeing $2 billion shares 5 reasons he sees bitcoin surging 900% by the end of 2021 as Paul Tudor Jones dives into the asset | Currency News | Financial and Business News

Reuters / Dado Ruvic Mark Yusko, the CEO and chief investment officer at Morgan Creek Capital Management, shared several reasons he thinks bitcoin's price will hit $100,000 by the end of 2021. Yusko said it would be "perfectly logical" for bitcoin to hit $400,000 to $500,000 if its market capitalization moves toward that of gold. The call comes after the legendary investor Paul Tudor Jones' recent disclosure that he's built a stake of bitcoin futures, making him the latest investment mogul to buy the cryptocurrency. Click here for more BI Prime stories. With the legendary investor Paul Tudor Jones disclosing purchases of bitcoin futures for the first time, it's become increasingly clear that market denizens who were once skeptical about the cryptocurrency are revisiting t...
Blockchain Bites: Satoshi’s Sword of Damocles
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Blockchain Bites: Satoshi’s Sword of Damocles

Top ShelfYesterday, some of the earliest mined bitcoin moved after more than a decade of dormancy. Whale Alert – a popular, mostly-automated Twitter account that tracks major crypto transactions – broadcast the message across the cryptoverse, saying 40 coins mined in the first month of the network’s operation had transferred from a “possible #Satoshi owned wallet,” referring to bitcoin’s long silent creator, Satoshi Nakamoto.  This unfounded connection – based on the age of the bitcoin, and the fact they had not been moved for 11 years – caused a minor market stir. You’re reading Blockchain Bites, the daily roundup of the most pivotal stories in blockchain and crypto news, and why they’re significant. You can subscribe to this and all of CoinDesk’s newsletters here.  Since then, blockchai...