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“# UK’s Ex-Chancellor Philip Hammond to advise crypto firm Copper ” Former Chancellor of the Exchequer in the United Kingdom, Lord Philip Hammond, has joined cryptocurrency custodial group Copper as a senior advisor with the ambition of “promoting the UK as a Global leader in digital asset technology.” The London start-up firm, which provides custodial…
“# Billionaire Bill Miller advocates for Bitcoin, but doubtful on altcoins ” Bill Miller, a seasoned Wall Street investor and founder of Miller Value Partners, advocated for the rise of Bitcoin (BTC) during a recent conversation with author William Green but voiced skepticism around many of the altcoins birthed during 2017. Miller subscribes to the…
“# Nuclear engineer sells classified data to undercover FBI agents for crypto ” A nuclear engineer and his wife have been arrested in West Virginia on charges of espionage and selling restricted data. The couple sold classified information regarding the designs of nuclear-powered warships to an individual they believed to represent a foreign nation for…
“# Twitter and TikTok embrace NFTs: mainstream adoption incoming? ” Twitter, which has seen its user base steadily grow to surpass 185 million users last year, is experimenting with NFTs to allow users to display their collections as their profile pictures. According to Mada Aflak, a senior software engineer at Twitter, the microblogging platform is…
“# Powercrypto Holdings to launch BTC & ETH mining in Hong Kong ” A subsidiary of the blockchain software provider Powerbridge Technologies, Powercrypto Holdings, has announced the launch of a sustainable cryptocurrency mining initiative for Bitcoin (BTC) and Ether (ETH) in Hong Kong. The company plans to deploy a total of 2,600 first-grade mining rigs,…
“# Crypto and pension funds: Like oil and water, or maybe not? ” There are good reasons why pension funds should not invest in the crypto and blockchain space. The industry is too new, too volatile, and stultifyingly technical. Moreover, the rules and regulations to govern the sector have yet to be settled. But the…
“# Gaming VC Bitkraft launches $75M investment fund for blockchain gaming ” E-sports investment platform Bitkraft VC has established a $75 million token fund for investing in blockchain gaming and digital entertainment. The fund uses a “stage-agnostic” strategy, meaning that it will put money in companies and startups at any business development stage. Apart from…
“# Globetrotting Binance looks to Ireland for ‘centralized’ headquarters ” Under pressure from regulators around the world, major exchange Binance is looking to establish a headquarters in Ireland. Until now it has operated globally for years under what its chief executive, Changpeng Zhao (CZ) has described as a “decentralized” structure. An Oct. 6 report from…
“# Tether fires back against report it is using reserves for investments and making crypto-backed loans ” Tether (USDT), the largest stablecoin issuer by market capitalization, has refuted the details of a Bloomberg story on its reserves holdings. In a Thursday report, Bloomberg journalist Zeke Faux made numerous claims against Tether, including that its chief…
“# Velas increases blockchain grants program to $100M ” Switzerland-based technology company Velas has allocated $100 million to startups building on top of the Velas blockchain, marking a sizable increase from its initial pledge of $5 million earlier this year. The grants program is designed to support the growth of the Velas ecosystem and expand…