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Billionaire Paul Tudor Jones Looks to Buy Bitcoin as A Portfolio Hedge Against Inflation – Here's Why

Billionaire Paul Tudor Jones Looks to Buy Bitcoin as A Portfolio Hedge Against Inflation – Here's Why

According to Bloomberg's report on Thursday, billionaire hedge fund manager Paul Tudor Jones is buying Bitcoin to hedge against inflation as central banks across the world print money to relieve economies affected by coronavirus pandemic. Tudor is one of Wall Street’s most seasoned and successful hedge fund managers. He is the CEO and founder of Tudor Investment Corp, which is a hedge fund company that managed $8.4 billion as of March 30, based on data from the SEC (Securities and Exchange Commission).

Australian Female Hacker Sentenced to 2 Years of Prison for $400K Ripple (XRP) Crypto Heist

Australian Female Hacker Sentenced to 2 Years of Prison for $400K Ripple (XRP) Crypto Heist

Australia recorded one of its first cases of cryptocurrency theft recently.

5G, FoodTech, Biotech? Unveiling Top Surprising Portfolios by eToro

5G, FoodTech, Biotech? Unveiling Top Surprising Portfolios by eToro

Following Part 1 of our conversation, Lee shares with us some interesting thematic portfolios in eToro’s “Copy Portfolio” feature. He also revealed the significance of the acquisition of Delta and Firmo in the development of eTorox and tokenized market.

Morgan Stanley Buys E*Trade for 13 Billion USD, Providing Link For Everyday Online Traders

Morgan Stanley Buys E*Trade for 13 Billion USD, Providing Link For Everyday Online Traders

Wall Street giant Morgan Stanley is creating more access for everyday investors with the announcement of an imminent $13 billion acquisition of online trading firm E*Trade Financial Group.

ConsenSys Acquires US Brokerage Firm to Tokenize Outdated Municipal Bonds Market

ConsenSys Acquires US Brokerage Firm to Tokenize Outdated Municipal Bonds Market

ConsenSys has made a major acquisition of a U.S brokerage Firm to put traditional municipal bonds on the blockchain.

Abra's CEO Confirms 50% of His Investment Portfolio is Now in Bitcoin

Abra's CEO Confirms 50% of His Investment Portfolio is Now in Bitcoin

Abra's CEO Bill Barhydt has revealed that approximately 50% of his investment portfolio is now in Bitcoin (BTC).

Embattled Korean Crypto Exchange Bithumb May Be Acquired by Huobi

Embattled Korean Crypto Exchange Bithumb May Be Acquired by Huobi

As interest mounts up toward the acquisition of Bithumb, Huobi Global is named as one of the favorite candidates to take up ownership of the exchange.

Coinbase Custody Launches New International Institutional Grade Crypto Service to European Clients

Coinbase Custody Launches New International Institutional Grade Crypto Service to European Clients

With its operations based in Dublin, Ireland, Coinbase Custody launched its institutional-grade crypto asset storage service to clients in Europe. The cryptocurrency exchange launched Coinbase Custody in 2017 for institutional clients such as hedge funds and family offices. Its assets under management have over $7 billion in cryptocurrency assets, with its acquisition of Xapo’s institutional custody business in August 2019.

Binance Acquisition of CoinMarketCap for $400M Just a Stone’s Throw Away

Binance Acquisition of CoinMarketCap for $400M Just a Stone’s Throw Away

Binance, one of the largest crypto exchanges globally, is reportedly ready to splash out nearly $400 million USD to attain CoinMarketCap, the most popular crypto data aggregator. It is alleged that the deal is in the final stages, and it is just a matter of time before it is revealed later this week.

Top Executives at CoinMarketCap Quit Just Months After Binance Acquisition

Top Executives at CoinMarketCap Quit Just Months After Binance Acquisition

Carylyne Chan, the interim CEO at leading crypto data provider CoinMarketCap is the latest executive to quit following her public announcement on August 31. The mass exodus from the company has been alarming because she follows the footsteps of four other top executives who have left the company just four months after it was purchased by Binance.

Ernst & Young Trustee Outline Options for Compensating QuadrigaCX Victims

Ernst & Young Trustee Outline Options for Compensating QuadrigaCX Victims

Ernst & Young has filed a report with the Ontario Superior Court of Justice suggesting how the court should distribute the recovered funds.

AMD Purchases Xilinx in All-Stock Transaction to Develop Mining Devices

AMD Purchases Xilinx in All-Stock Transaction to Develop Mining Devices

A month and a half after Nvidia purchased Arm, AMD also announced its $35b acquisition of Xilinx. Will it alter the ecosystem of crypto mining?

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