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Mexican Magnate Worth $11B Reveals His Portfolio is 10% in Bitcoin

18 Nov 2020 1 minute read 2 comments Abhimanyu Krishnan

Mexican billionaire Ricardo Salinas Pliego tweeted on Nov. 18 that 10% of his liquid assets was in Bitcoin, making him yet another billionaire to reveal he had invested in the asset. Pliego’s tweet was a recommendation on his favorite book, “The Bit...

Ray Dalio Says Asks Community to Correct Him on Bitcoin

18 Nov 2020 1 minute read 3 comments Abhimanyu Krishnan

Bridgewater Associates hedge fund manager Ray Dalio, a prominent Bitcoin critic, said that he “would love to be corrected” about his views on the asset, and asked Twitter on Nov. 13 to offer arguments in favor of it. Dalio said that he might be "mis...

Skype Co-Founder Keeps His Money in Crypto

17 Nov 2020 1 minute read 6 comments Abhimanyu Krishnan

Skype co-founder Jaan Tallinn, in an interview with Fortune published on Nov. 13, said that he stores most of his wealth in cryptocurrencies. Tallinn, now an investor in the European startup scene, told Fortune that most of his personal wealth was i...

Grayscale Surpasses 500,000 Bitcoins in Its Trust

17 Nov 2020 1 minute read 0 comments Abhimanyu Krishnan

Digital asset management firm Grayscale Investments now holds over 500,000 BTC in its Bitcoin Trust, the company announced on Nov. 16. The total holdings is worth roughly $8.35 billion or 2.69% of the total Bitcoin supply; the firm almost doubled it...

Our Currency Inflates, Bitcoin Does Not - Says US Senator

17 Nov 2020 1 minute read 0 comments Abhimanyu Krishnan

Wyoming senator-elect Cynthia Lummis, who will assume office in Jan. 2021, offered a lot of praise for Bitcoin in an interview on ABC’s Good Morning America segment on Nov. 14. When asked about whether she wished to bring Bitcoin in national discuss...

Galaxy Digital Reports Net Income of $44.3M in Q3 2020

16 Nov 2020 1 minute read 3 comments Abhimanyu Krishnan

Digital asset management firm Galaxy Digital reported a net income of $44.3 million in its Q3 2020 financial results, which was published on Nov. 13. The firm reported a net income of $44.3 million, a far cry from the $68.2 million loss reported the...

Equisafe has tokenized over 30 private assets on Tezos this year and will launch an art portfolio and a Real Estate portfolio on Tezos soon

16 Nov 2020 2 minute read 1 comment Allen Walters

Last week, the guys from Teztalks interviewed the CEO of Equisafe, Bilal El Alamy. Equisafe is an investment managements platform that is specialized in Security Token Offerings (STO). They have been developing on Tezos for quite some time and are k...

Michael Saylor on Bitcoin Integration by Apple

13 Nov 2020 1 minute read 9 comments Abhimanyu Krishnan

Microstrategy CEO Michael Saylor has a tip for Apple, tweeting on Nov. 11 that if the company were to integrate Bitcoin into its Apple Pay app, it would generate $100 billion in shareholder value. Saylor tweeted in response to a post by Dan Weiskopf...

All US PayPal Users Can Now Buy Crypto

13 Nov 2020 1 minute read 6 comments Abhimanyu Krishnan

PayPal has removed the waiting list for its cryptocurrency purchases and increased the buy limit to $20,000 power week for its US users, according to a press release published on Nov. 12. From Nov. 12, all US holders will be able to buy, sell and ho...

One of China’s Largest Bank is Selling $3B Bond on the Blockchain

12 Nov 2020 1 minute read 1 comment Abhimanyu Krishnan

China’s second largest bank, the China Construction Bank (CCB), has put $3 billion worth of a debt security for sale on the blockchain, according to a report from the South China Morning Post published on Nov. 11. The CCB partnered with Hong Kong-ba...