Rothschild-Linked Oil Tycoon Makes Waves in Bitcoin Mining Pool

Rothschild-Linked Oil Tycoon Makes Waves in Bitcoin Mining PoolBy CCN: A big shakeup at Argo Blockchain, the beleaguered bitcoin mining company that owns Argo Mining, has revealed that a Rothschild-linked London oil tycoon with a shadowy past just did the cannonball dive into the deep end of the crypto mining pool. As if you needed

$1 Billion Crypto Hedge Fund Crashed 40% – But Still Beat Bitcoin

$1 Billion Crypto Hedge Fund Crashed 40% – But Still Beat BitcoinCrypto hedge fund traders were not immune to bitcoin’s downright frigid bear market. Just look at Polychain Capital, whose assets under management (AUM) fell to $591.5 million at year-end 2018, according to a regulatory filing cited in the Wall Street Journal. Investors Stay Put

Bitcoin ETF Could Attract Billions in New Investment: VanEck

Bitcoin ETF Could Attract Billions in New Investment: VanEckA bitcoin ETF could attract billions of dollars in new investments, so the Securities and Exchange Commission (SEC) should treat pending proposals as an opportunity to regulate the crypto market, said crypto exchange-traded fund advocate Gabor Gurbacs. Gurbacs, the director of Digital Assets Strategy at VanEck, made

Shark Tank’s Kevin O’Leary Invests $100,000 in Bitcoin Investing App

Shark Tank’s Kevin O’Leary Invests $100,000 in Bitcoin Investing AppFor several decades, banks and financial advisors have searched for ways to get those without vast resources to invest and save their money. An early example was Bank of America’s Keep the Change program, which rounded up purchases and moved the change to savings accounts. The Need

Fidelity Investments Aims to Release Crypto Products by Year End

Fidelity Investments Aims to Release Crypto Products by Year EndFidelity Investments CEO Abigail Johnson has revealed that the company is working on a number of cryptocurrency and blockchain-related products and offerings, with their release tentatively fixed for sometime before the end of the year. Speaking on Friday at the Boston Fintech Week conference, Johnson declined

$500 Million Bitmain Data Center to Bring 400 Jobs to Texas Coal-Mining Town

$500 Million Bitmain Data Center to Bring 400 Jobs to Texas Coal-Mining TownBitmain, the world’s largest bitcoin miner and mining equipment maker has announced construction plans for a new blockchain data center and cryptocurrency mining facility in the city of Rockdale in Milam County, Texas. CCN earlier reported that the company released plans to construct

Major Milestone: There Are Now More than 300 Cryptocurrency Funds

Major Milestone: There Are Now More than 300 Cryptocurrency FundsThe recent bitcoin price decline and subsequent bear market put a severe dent in profit projections for hedge funds that invest in cryptoassets, but it has not prevented the sheer number of these cryptocurrency funds — and the size of their assets under management (AUM) —

Bitcoin’s Killer App is Ransomware, Not Payments: Stripe COO

Bitcoin’s Killer App is Ransomware, Not Payments: Stripe COOStripe, a digital payments provider, took a pioneering role with bitcoin in 2015 when it introduced a tool that allowed merchants to accept bitcoin. This past April, the company discontinued the service. The company’s COO, Claire Hughes Johnson, told Fortune’s Brainstorm Tech conference Tuesday that the reason