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Tag Archives: Funds

$170,000: Bitcoin Investor Fails to Backup Recovery Password, Loses Access to Funds Blockchain Wallet

/latest/2018/12/170-000-bitcoin-investor-fails-to-backup-recovery-password-loses-access-to-funds-bitcoin-wallet/ 170-000-bitcoin-investor-fails-to-backup-recovery-password-loses-access-to-funds-bitcoin-wallet Kerem Albayrak, a resident of Istanbul, Turkey, claims he lost access to $170,000 in digital currency as he did not properly back up his recovery phrase to his cryptocurrency wallet. In a Reddit post, Albayrak explained in detail what happened. He first noted that he bought an iMac for …

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Institutional Investors Still Interested? Bitwise Releases Bitcoin and Ethereum Funds

The creator of the world’s first cryptocurrency index fund has launched two liquid beta funds holding bitcoin and ether exclusively to address market demand. The Bitwise Bitcoin Fund and the Bitwise Ethereum Fund are available in two share classes, Institutional Shares and Investor Shares. Bitwise Funds Open to Minimum Investment …

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International Monetary Fund’s Lagarde Acknowledges Blockchain’s Importance for Freedom and Privacy

IMF MD Acknowledges The Importance Of blockchain: Discusses How Blockchain Could Revolutionize Freedom, Privacy. Technology has an interesting relationship with how it interacts with individual rights and general morality. Be it TNT, which was to end all wars but only spurred on more destruction or stem cell research where individuals …

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Bitwise Launches Bitcoin, Ethereum Beta Funds to ‘Capitalize’ on Market Downturn

Digital asset manager Bitwise has launched two new beta funds for Bitcoin (BTC) and Ethereum (ETH), according to a press release Dec. 5. The launch of the new products reportedly aims to provide a “low-cost” and “liquid” means of capturing returns on both high-profile assets, currently trading 81 and 92 …

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Funds Network Calastone to Roll Out Blockchain Settlements in 2019

Calastone, the operator of a London-based transaction network for investment funds, is looking to move its entire settlements system to a blockchain by May 2019. According to a Financial Times report on Sunday, Calastone, which provides services to over 1,700 firms including JP Morgan Asset Management, estimates the plan could help the industry …

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Bitwise launches two new funds to capitalize on dip in cryptocurrency market

The downturn in U.S. stocks is nothing compared to the sell-off cryptocurrency traders are experiencing. Bitcoin plunged 5.2% Tuesday to $3,700, the lowest it’s been since November 2017, according to MarketWatch. Ether, one of bitcoin’s largest competitors, dropped even further. At least one crypto-entrepreneur sees the dip as the perfect …

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Swiss Fintech License Allows Blockchain, Crypto Firms to Accept $100 Mln in Public Funds

The Swiss Financial Market Supervisory Authority (FINMA) has released guidelines for their new “FinTech” license, according to a FINMA official press release released Dec. 3 The Swiss financial regulator revealed that license pursuants, which can be blockchain-related and crypto-related firms, will be able to apply for the fintech license with …

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Man Tortured For His Bitcoin: 4 Ways to Protect Your BTC Funds

A Bitcoin trader from South Africa has reportedly been drugged, kidnapped, and tortured over his Bitcoin holdings. The assault happened after the man followed an invite to an anonymous presentation, highlighting the threats lurking on the internet.  Kidnapped Over Bitcoin  A bitcoin trader from the area of Lanseria in Johannesburg, …

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Over 90 New Cryptocurrency-Oriented Hedge Funds Launched in 2017 – The Merkle

No one can deny a lot of hedge fund managers are paying closer attention to Bitcoin and other cryptocurrencies these days. So much so, in fact, that quite a few of them have incorporated cryptocurrency holdings into their lists of supported currencies. According to some sources, there are over 120 hedge …

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Now More Than 120 Cryptocurrency Hedge Funds

The explosive growth of cryptocurrency values has drawn in some of the investment world’s biggest players – hedge fund managers. Over the past six months, the number of crypto-focused hedge funds has exploded, moving from around 70 in August to more than 120 at the end of October. In the …

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