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“#Former exec Tim Leissner says Goldman Sachs bankers knew of Jho Low’s 1MDB ties” Top bankers at Goldman Sachs knew that Malaysian businessman Jho Low was involved in deals related to the 1MDB sovereign wealth fund that was robbed of billions of dollars, former Goldman executive Tim Leissner claimed under oath. Leissner took the stand…
“# SEC chair hints at no spot Bitcoin ETFs yet, but cites ‘careful consideration’ for future ” Gary Gensler, chair of the U.S. Securities and Exchange Commission, has responded to a letter from lawmakers calling the regulator denying approval of Bitcoin spot exchange-traded funds “unacceptable.” In a Tuesday letter from Gensler addressed to Minnesota Representative…
“# Bitcoin ‘whales’ and ‘fishes’ pause accumulation as markets weigh March 50bps hike odds ” An uptick in Bitcoin (BTC) supply to whales’ addresses witnessed across January appears to be stalling midway as the price continues its intraday correction toward $42,000, the latest data from CoinMetrics shows. Whales, fishes take a break from Bitcoin The sum…
“# Crypto spawns most expensive adverts on Telegram in 2021: Data ” Cryptocurrency-themed advertising has been growing extremely popular on Telegram, with some ad firms reporting on crypto becoming the most expensive advert type on the platform in 2021. The average cost per 1,000 impressions (CPM) of crypto ads on Telegram in Russia has significantly…
“# Crypto is like ‘venereal disease’ and should be banned: Charlie Munger ” Charlie Munger, the ancient vice chairman of Berkshire Hathaway and Warren Buffet’s right hand man, has no issue with providing his honest thoughts on cryptocurrency: He hates it. Speaking at a shareholder’s Q&A session at the annual meeting for LA-based newspaper company,…
“# Syndicate protocol helps create 450 new DAOs in just three weeks ” Blockchain-based investing protocol Syndicate claims that 10% of all decentralized autonomous organizations (DAO) in existence have been created on its platform in less than three weeks of operation. Syndicate is a DAO creation platform that has landed investments from A13Z and Coinbase…
“# Fidelity International launches Bitcoin ETP on Deutsche Boerse ” Major financial services firm Fidelity International will be listing a Bitcoin exchange-traded product on the SIX Swiss Exchange and Germany’s Xetra digital stock exchange. According to a Tuesday announcement from Deutsche Boerse, a physical Bitcoin exchange-traded product, or ETP, from Fidelity International is now available…
“# Warren Buffett invests $1B in Bitcoin-friendly neobank, dumps Visa and Mastercard stocks ” Warren Buffett’s Berkshire Hathaway dumped a portion of its Visa and Mastercard holdings and increased exposure in Nubank, the largest fintech bank in Brazil that’s also popular among the country’s Bitcoin investors. In a securities filing late Monday, the industrials conglomerate…
“#Self-taught tech mogul who made his first million at 17 is living in luxury” A tech mogul has shared how he became a millionaire at 17 after teaching himself how to code from YouTube. Evan Luthra, 27, is now set to become a billionaire by the time he hits 30 and has built and invested…
“# Bitcoin’s last security challenge: Simplicity ” It’s been just 13 years since Bitcoin’s (BTC) “Mayflower moment,” when a tiny handful of intrepid travelers chose to turn their back on the Fiat Empire and strike out to a new land of financial self-sovereignty. But, whereas it took 150 years for the American colonists to grow…