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British Virgin Islands Aims to Rollout a New USD-Backed Digital Currency

British Virgin Islands Aims to Rollout a New USD-Backed Digital Currency

The government of the British Virgin Islands, in partnership with LIFElabs.io, aims to develop a digital currency that will be peeled at the ratio of 1:1 against the United States dollar to be used with the territory.

Bitfinex and Tether's Appeal Rejected by New York Judge

Bitfinex and Tether's Appeal Rejected by New York Judge

Judge Cohen reportedly decided to give a 90-day extension to the case, which will give the New York Attorney General’s office to continue investigating. Judge Cohen also dismissed Bitfinex and Tether’s motion to appeal after the ruling.

May 12: No Hype Needed for BTC

May 12: No Hype Needed for BTC

BTC largely unchanged in the last 24 hours post the halving with hash rate dipping slightly. With the halving behind us now, you've 1,458 days to talk about the next for those suffering from hype withdrawal symptoms. What's more interesting than the halving yesterday was Paul Tudor Jones admitting that he has 1-2% of his assets in bitcoin and that it's a "great speculation".

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).

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