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Millennium Management Hedge Fund Gains Exposure to Bitcoin through Grayscale

Millennium Management, a hedge fund with a diverse portfolio and about $48.3 billion assets under management (AUM), has reportedly gained exposure to Bitcoin (BTC) through Grayscale Bitcoin Trust (GBTC). According to The Street, who cited two people familiar with the matter, Millennium Management threw its weight on the GBTC with dabbles on arbitrage trading and … Continue reading Millennium Management Hedge Fund Gains Exposure to Bitcoin through Grayscale

Luxury Miami Condominium Arte Now Accepts Bitcoin and Ethereum as a Form of Payment

Arte by Antonio Citterio, a high-end luxury condominium located in Miami,  announced that it will now accept cryptocurrency as a payment method for new residential developments and purchases of exclusive condos. The Arte, the most exclusive boutique condo in Miami’s Surfside neighbourhood, is also home to many celebrities such as Ivanka Trump and fashion blogger Arielle Charnas. Among the luxury homes offered … Continue reading Luxury Miami Condominium Arte Now Accepts Bitcoin and Ethereum as a Form of Payment

Nium Pairs with Bitpay to Launch API-based Solution, Enhancing Crypto Payments for Business

Payments platform Nium has launched an API-based solution called “Crypto Accept”, which aims to provide crypto payments to businesses worldwide. The company said that Crypto Accept currently supports (BTC) and Ethereum (ETH) cryptocurrencies for payment and will launch more cryptocurrencies in 2023. Nium is a fintech company that develops a global platform for business payment … Continue reading Nium Pairs with Bitpay to Launch API-based Solution, Enhancing Crypto Payments for Business

Titanium Blockchain's CEO Pleas Guilty of ICO Fraud worth $21m

Michael Alan Stollery, CEO of Titanium Blockchain Infrastructure Services Inc. (TBIS), has admitted of involving multiple fraudulent accounts in a 2018 initial coin offering (ICO). In May 2018, Stollery and his company were charged by the U.S. Securities and Exchange Commission (SEC) with conspiracy to defraud investors. Stollery admitted that he had conspired to defraud … Continue reading Titanium Blockchain's CEO Pleas Guilty of ICO Fraud worth $21m

Titanium Blockchain CEO Sentenced to Four Years in Prison

In a cryptocurrency fraud scheme that took place in late 2017 and early 2018, investors purchased BARs, a crypto token, to participate in an initial coin offering (ICO) for Titanium Blockchain Infrastructure Services (TBIS), a company founded by Michael Stollery. The ICO raised approximately $21 million from investors in the United States and overseas. However, … Continue reading Titanium Blockchain CEO Sentenced to Four Years in Prison

US Rep. Tom Emmer Fears Criticism of Digital Payment Innovation May Repress Progress

In a congressional hearing which was held on Jan. 30, US Representative Tom  Emmer has expressedhis concerns about the excessive criticism of innovations in digital payment, saying that it may repress its progress. The constraints faced by digital payments The US Rep. further elaborated on his fears over regulations which he believes will stifle the … Continue reading US Rep. Tom Emmer Fears Criticism of Digital Payment Innovation May Repress Progress

French-Austrian Collaboration on Blockchain Forensics Instrument to Enhance Cryptocurrency AML

The Austrian Institute of Technology (AIT) and the French cybersecurity firm Nigma Conseil have partnered to develop a new blockchain forensics tool. The two companies have signed a deal to strengthen their collaboration to work on e-Nigma, a proposed compliance tool designed to fight against crypto and financial crime. AIT is the largest research and tech … Continue reading French-Austrian Collaboration on Blockchain Forensics Instrument to Enhance Cryptocurrency AML

Hacking 101: Security of Bitcoin Wallets, From a Hacker's Point of View

The safety of crypto wallets was recently questioned, after an incident where a Bitcoin address was successfully hacked. John Cantrell, better known as a Bitcoin and Lightning Network developer, successfully completed a challenge issued by Alistair Milne and obtained the private keys to the latter’s e-wallet. The challenge went viral on social media, with people … Continue reading Hacking 101: Security of Bitcoin Wallets, From a Hacker's Point of View

Renault Deploys Blockchain for Vehicle Compliance Certification from Design to Production

Groupe Renault, a leading French multinational automobile manufacturer, has established the XCEED (eXtended Compliance End-to-End Distributed) blockchain system to certify the compliance of all car parts from design to production.  Adhering to stringent regulations The blockchain-based tool is expected to boost Renault’s efficiency and responsiveness in meeting regulatory stringency in the automotive industry. For instance, … Continue reading Renault Deploys Blockchain for Vehicle Compliance Certification from Design to Production

Bitcoin Price Surges to 2020 High of $15,960, MicroStrategy Sees $182 Million Increase

The Bitcoin price reached a new high for 2020 gaining over 12% in the last 24 hrs to reach $15,960 with many analysts predicting that the surge is set to continue to $17,000. Over the last 24 hours, the price of Bitcoin (BTC) has surged by 12% and smashed through the $15,000 resistance for the … Continue reading Bitcoin Price Surges to 2020 High of $15,960, MicroStrategy Sees $182 Million Increase

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