Cryptocurrency associations and businesses from Switzerland, Kazakhstan and Armenia have joined the initiative to sue Internet corporations over restrictions on crypto-related advertisements. The class action lawsuit will be filed in New York. Legal costs will be covered with funds raised through donations to a wallet registered in Estonia. Lawsuit to...
Top Business Schools Add Bitcoin Classes, Expand Cryptocurrency MBA Course Offerings
Top-ranked business schools have hopped on the bitcoin bandwagon by expanding their course offerings on cryptocurrencies and blockchain. The move to offer more crypto-related MBA classes was fueled by growing demand from students, as well as from corporate recruiters, especially those in venture capital. Kevin Werbach, a professor at the...
First Soros, Now Rockefellers Move into Cryptocurrency
First, if reports are to be believed, legendary investor George Soros was found to be investing in cryptocurrency. Now, Venrock, a 3 billion USD venture capital firm owned by storied American family, the Rockefellers, have taken to crypto.First Soros, Now Rockefellers’ $3 Billion Firm to Invest in Crypto Limited liability...
Retailer Adoption of Bitcoin is Growing in the US and Canada, Despite Price Fall
Earlier this week, leading US electronics retailer Newegg expanded its bitcoin integration to its platform in Canada, allowing millions of customers based in Canada to pay for products with bitcoin. Increasing Retailer Adoption Newegg CEO Danny Lee emphasized that the value of bitcoin has skyrocketed since 2014, when the company...
George Soros’ Fund is Planning to Trade Cryptocurrencies Like Bitcoin
George Soros’s $26 billion hedge fund is planning to trade cryptocurrencies, Bloomberg reported on Friday, months after the billionaire investor called the virtual currency a bubble. Adam Fisher, who oversees macro investing at the New York-based Soros Fund Management, got internal approval to trade digital assets in the last few...