Month: July 2018

Bitcoin - Cryptocurrency - News

Bitcoin Price Could Reach $40,000 Within Years: Billionaire Marc Lasry

Another billionaire has officially jumped on the bitcoin bandwagon. The latest addition to the burgeoning group of bitcoin billionaires is Marc Lasry, the co-founder of Avenue Capital Group, an investment firm with $9.6 billion in assets under management. Speaking with CNBC, Lasry — who is also a co-owner of the NBA’s Milwaukee Bucks — said…

Cryptocurrency - News

Canada’s Only Actively-Managed Cryptocurrency Fund Now 91% in Cash

Canada’s only actively-managed cryptocurrency fund is currently holding approximately 91 percent of its assets in cash, a position it says it has taken based on uncertainty about the near-term trajectory of the market. Writing in a biweekly report published on Facebook, the Quebec-based Rivemont Crypto Fund revealed that, as of July 13, 90.9 percent of…

Cryptocurrency - News

Change.org Launches Screensaver That Mines Monero for Charity

Popular social petition platform Change.org is asking its supporters to install a screensaver that will mine monero on behalf of the for-profit organization’s charitable foundation. Change.org Asks Supporters to Mine Monero for Charity Dubbed “The Mining Screensaver,” the tool activates whenever a user steps away from his or her computer for a set period of…

Cryptocurrency - News

World’s First Trade Blockchain Launches in Singapore to Link China and ASEAN Nations

A Singapore-based e-government service provider – notably owned by a government body and a port operator – has launched a blockchain platform focused on cross-border trade between ASEAN nations and China. Singapore-based CrimsonLogic, an e-government solutions provider with a presence in over 20 countries, announced [PDF] details of its ‘inclusive and extensible blockchain service’ that…