Elwood Asset Management — owned by British billionaire and Brevan Howard Founder Alan Howard — is planning a $1 billion venture into the crypto hedge fund space. The asset manager is developing a platform that would tailor portfolios of cryptocurrency funds for institutional investors, the Financial...
The Swiss Financial Market Supervisory Authority (FINMA) has granted the first “banking and securities licenses” to two blockchain companies: SEBA Crypto AG and Sygnum AG. The firms will be the first registered in Switzerland as broker-dealers with a blockchain focus. They will be required to...
Cryptos and liquidity do not go hand in hand, especially not where geopolitics is concerned. Conventional wisdom may hold that cryptos are the place to be, when trade tensions rise and when governments tremor. Consider the fact that stocks have sold off amid macro headlines...
The European Central Bank (ECB) said in a report that fixing cryptocurrency asset data gaps still presents a sizable challenge for financial institutions as well as regulators, Cointelegraph reported. And, since the risks and spillover effects of digital assets is related to the extent that...
Antivirus pioneer John McAfee claims that he knows the true identify of bitcoin creator Satoshi Nakamoto. But after telling Bloomberg he would expose Nakamoto “within a week,” McAfee said Tuesday (April 23) on Twitter that he was holding off because the controversy it would cause...
Two Russian Federal Security Service (FSB) agents have been charged for their alleged involvement in a bitcoin extortion scam. According to Hard Fork, Sergey Belousov and Aleksey Kolbov, who worked as anti-fraud agents, are being charged with allegedly using their power to blackmail Erast Galumov,...
No, you still cannot easily buy a cup of coffee with bitcoin. But it turns out you can use the cryptocurrency in an effort to sway an election. Dotted along the dots to connect in the Mueller report lie several mentions of bitcoin, and how...
The New York Department of Financial Services has denied a virtual currency license for Bittrex, an American digital asset exchange. The DFS cited deficiencies in capital, according to Reuters, and “failure to demonstrate that it will conduct its business honestly, fairly, equitably, carefully, and efficiently.”...
The co-founder of Ripple, Chris Larsen, along with his wife and Rippleworks, donated $25 million in digital currency to a California university, Coindesk reported. San Francisco State University called the donation the “largest gift ever made in a digital asset to a university in the...
