Hedge Fund King, Steven Cohen, has invested in Multi Billion Dollar Fund
Whales don't come too much bigger than Steven A. Cohen. The hedge fund manager, investor and philanthropist runs venture capital firm Cohen Private Ventures and is the founder of Stamford, Connecticut based Point72 Asset Management and SAC Capital Advisors. The “Hedge...
Cryptocurrency Fights Hyperinflation in Venezuela
Venezuela's economic and political woes are widely reported. The inflation of the bolivar, the local currency, has now reached some 46,000% a year. The country's money printers are fighting a losing battle, and the money supply has quickly become inadequate for even...
Binance Acquires Stake in First Ever Decentralized, Blockchain Based Bank in Malta
Barely a day goes by without crypto exchange giant Binance announcing more trailblazing moves to further expand its ever-growing empire. Today's developments concern what is touted to be the world's first ever decentralized, blockchain-based, community-owned bank,...
SEC Welcomes Public Comments for Bitcoin ETF on their Website
As a follow up to our article of last Monday, July 9th, we'd like to inform readers that the Securities and Exchange Commission (SEC) have opened up their website so that members of the public can comment directly on the latest Bitcoin exchange-traded fund (ETF)...
Walmart Receives Blockchain Patent for Delivery Services
Walmart have filed for a number of blockchain-related patents over recent months, and it appears they have another ace in their pack having filed a new application on July 5th. Their “Delivery Reservation Apparatus and Method” will employ blockchain technology to...
CBOE Files New Bitcoin ETF Application with the SEC
Over recent months the SEC have received – and refused – a string of applications for crypto-backed exchange traded funds (ETFs). As noted previously at Crypto Traders Pro, ETFs have become the most popular of all exchange-traded products, and as such a crypto-backed...
Binance Donates $1 Million in Cryptocurrency to Flood Victims in Japan
Over the past week floods in western Japan have killed more than 60 people with dozens more missing. In some parts of the country up to 23 inches of water fell over a 24 period. As many as two million people have been forced to flee their homes in the worst...
South Korea Now Recognizes Crypto Exchanges as Regulated Financial Institutions
South Korea punches well above its weight when it comes to crypto. Despite a population of only 50 million, the country is estimated to be the world's third largest crypto market, after the US and Japan. Around a third of professionals in the country hold an average...
Switzerland Stock Exchange is Launching a Marketplace to Tokenize Securities
In many ways the European country of Switzerland is leading the way in blockchain and crypto development. Major news emerged from the country today as it was announced that SIX – the operators of Switzerland's stock exchange – are to open a dedicated and...
Malta Establishes Legal Certainty for Cryptocurrency Businesses with 3 Bills Passed into Law
Malta has become a world-leader in crypto-friendly regulation, with a series of policy moves leading to some dubbing the country “blockchain island.” Binance, the world' largest crypto exchange by daily trade volume, is perhaps the highest-profile business to relocate...
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