A research analyst from Goldman Sachs who has previously spoken favorably about Bitcoin and blockchain technology will reportedly be joining New York-based asset management firm Third Point. According to a …
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Investor Dan Loeb dives deep into cryptocurrency
Dan Loeb, CEO of New York-based asset management firm Third Point and a well-known figure on Wall Street, has said he is looking into ways to bridge the gap between …
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Tether Hit With 500 Bitcoin Ransom Demand But Says It Won’t Pay
Hackers have threatened to release sensitive company documents supposedly belonging to USDT stablecoin issuer Tether unless the firm sends a 500 Bitcoin (BTC) ransom to a specified address. As revealed by the …
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Billionaire Mark Cuban Says Cryptocurrency Will Change How All Businesses Work
Billionaire investor and Shark Tank veteran Mark Cuban says the crypto sector is going to fundamentally transform the way businesses function. In a new interview, Cuban tells Jason Calacanis of the Angel …
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Shark Tank’s Kevin O’Leary Reverses Stance on Bitcoin, Says Crypto Is Here to Stay, Invests 3% of His Portfolio
Shark Tank star Kevin O’Leary, aka Mr. Wonderful, has begun investing in bitcoin. Having previously called the cryptocurrency “garbage,” he has now changed his mind and believes that cryptocurrencies are …
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FCA Releases Detailed Five-Point Plan to Turn UK into a Fintech Hub
Upon the announcement of the United Kingdom budget for 2020, Chancellor Rishi Sunak commissioned Ron Kalifa to conduct an independent review of the U.K. fintech sector. On Friday, eight months …
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U.S. Department of Education promotes putting student records on blockchain
The COVID-19 pandemic has exposed flaws across various sectors. As a result, a number of government departments are evaluating blockchain-based systems as possible solutions for challenges involving multiparty workflows, record-keeping, …
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The Russian Orthodox Church will not accept bitcoins as an offering
With roughly 100 million members, the church representing the dominant religion in Russia has no plans to accept cryptocurrency donations or offerings. According to a Q&A streamed on YouTube by Jesus …
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MoneyGram to suspend trading on Ripple
Global money transfer service MoneyGram says it has changed its relationship with blockchain payments firm Ripple amid the latter’s litigation with the Securities and Exchange Commission. According to MoneyGram’s quarterly outlook, …
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U.K.-based crypto firm launches service for company treasuries to invest in Bitcoin
BCB Group, a global digital financial services firm, is planning to help corporations navigate cryptocurrencies like Bitcoin (BTC) by launching a dedicated service. According to a Feb. 19 announcement, BCB Group …
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