Category: obitx

  • Bloomberg: Billionaire Steven Cohen Backs Crypto, Blockchain Hedge Fund

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    Billionaire Steven Cohen, the founder of Point72 Asset Management, is reportedly backing a crypto and blockchain-focused hedge fund, Bloomberg reports Friday, July 13. Cohen invested in Arianna Simpson’s cryptocurrency hedge fund, Autonomous Partners, via his private equity firm Cohen Private Ventures, according to Bloomberg’s anonymous source. Point72 Asset Management, whose most recent portfolio value is almost $24 billion, is headed […]

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  • Tezos Is Giving Away Grant Money to Crypto Developers

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    A few short weeks after the beta version of its mainnet went live, Tezos is looking to encourage its community to begin developing on its platform. The Tezos Foundation announced a new grant-making process Friday, saying it will hold a formal call for proposals in August. In a press release, the foundation explained that it […]

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  • Trump Task Force Eyes Crypto Crime

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    The Trump administration has created a new task force that will focus on protecting consumers from one of the biggest fraud threats: crypto coins. Bloomberg noted that a focus of the panel, announced on Wednesday (July 11), will be on the scams involving bitcoin and other virtual tokens, including crimes like money laundering and investment schemes targeting […]

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  • ‘Mad Skillz’: Elon Musk Is Impressed by Ethereum Scam Bots on Twitter

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    Billionaire entrepreneur and engineer Elon Musk has recently called attention to scam bots that impersonate famous people on Twitter to steal Ethereum (ETH) and other cryptocurrencies from their victims. Ethereum’s co-founder Vitalik Buterin subsequently reacted to Musk’s tweet, suggesting on July 9 that CEO of Twitter Jack Dorsey should take measures to ameliorate the situation. In his tweet, the world-famous founder […]

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  • Opera Crypto is a browser-based Ethereum wallet for smartphones

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    Cryptocurrencies: They’re kind of a big deal. Bitcoin, one of the most popular digital currencies on the market, had a market capitalization of $118 billion in the first quarter of 2018, a little less than half the market value of Wells Fargo. And thanks to startups like ManageGo and Purse.io, it’s never been easier to exchange virtual coins […]

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  • Google Co-Founder Sergey Brin Reveals He Is an Ethereum Miner

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    Google’s co-founder Sergey Brin made the surprise revelation that he is an Ethereum (ETH) minerat the Blockchain Summit in Morocco Sunday, July 8. Brin is currently the president of Alphabet, Google’s parent company which formed as part of the tech giant’s restructuring back in 2015, but his “side hustle” is apparently mining the world’s second largest cryptocurrency, Ethereum, together with his 10-year […]

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  • Ledger Sold 1 Million Crypto Hardware Wallets in 2017, Attracts Investors in Samsung and Google

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      Leading hardware crypto wallet manufacturer and developer Ledger sold more than 1 million hardware wallets in 2017, recording a profit of $29 million. In an interview with Forbes, Ledger president Pascal Gauthier stated that the lack of secure platforms which users can utilize to sign transactions on the immutable public blockchain led the demand […]

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  • Walmart’s Latest Patent Unveils Blockchain-Based Delivery Management System

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    U.S. retail giant Walmart’s latest blockchain-related patent application describes a “secure” delivery management system, according to a filing published by the U.S. Patent and Trademark Office (USPTO) July 5. The newly published application, entitled “Delivery Reservation Apparatus and Method,” outlines a blockchain-based management system for delivery lockers that can keep delivered items safe until their purchasers are able to […]

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  • YouTube Accused of Negligence in BitConnect Fraud Lawsuit

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    Digital media giant YouTube has been named in class action lawsuit tied to the collapse of BitConnect, the cryptocurrency lending platform widely accused of fraud. BitConnect’s shutdown in January – which followed a series of warnings from U.S. investors – triggered a number of investor lawsuits, including one filed in late January in Florida. BitConnect’s platform was […]

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  • Blockgeek’s Ameer Rosic: ‘Everyone Is Smart Enough to Lose or Make Money’ in Crypto

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    By Laura Desmond Ameer Rosic, serial entrepreneur and founder of online blockchain hub Blockgeeks, goes into why he thinks investing in crypto should be open to the masses and what it will take to induce widespread blockchain adoption during an interview at this year’s BlockShow Europe 2018. Molly Jane: First off, how did you get interested in […]

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