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Hedge Fund Billionaire Steven Cohen Is Getting Into Crypto (#GotBitcoin)

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Billionaire investor Steven Cohen, once dubbed the "Hedge Fund King," has reportedly entered the crypto space. According to a Fortune article published July 12, Cohen has invested in cryptocurrency-focused hedge fund Autonomous Partners through his VC firm Cohen Private Ventures. Autonomous Partners was founded last December by Arianna Simpson, a venture…

Probes Reveal Central, US-Based, International Banks All Have Sticky Fingers (#GotBitcoin?)

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The news marks the second time this year that a son of a former African president has been named in an investigation involving defrauding his country’s central bank. In March, Angolan prosecutors said José Filomeno dos Santos, a son of the country’s long-term leader José Eduardo dos Santos, was a…

Have You Broken A Federal Criminal Law Lately? Who Knows? No One Has Been Able To Count Them All!!!

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There Has Been Many Failed Efforts To Count Nation's Federal Criminal Laws "Simply pouring a bottle of vinegar into a bowl to kill someone's goldfish, could potentially be punishable by life imprisonment." - Justice Samuel Alito “This effort came as part of a long and ultimately failed campaign to persuade…

Crypto Pioneer David Chaum Says He’s Built A Better Bitcoin (#GotBitcoin?)

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A new platform, called Elixxir, promises to improve on bitcoin’s speed by processing thousands of transactions a second. The godfather of the cryptocurrency movement is back with a plan to address bitcoin’s biggest shortcoming: speed. David Chaum, who built his own digital currency more than a decade before bitcoin was…

How AI Can Help Stop Cyberattacks (#GotBitcoin?)

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As hackers get smarter and more determined, artificial intelligence is going to be an important part of the solution. As corporations struggle to fight off hackers and contain data breaches, some are looking to artificial intelligence for a solution. They’re using machine learning to sort through millions of malware files,…

Fidelity CEO Hints At Crypto Products As Sector Aims For Mainstream (#GotBitcoin?)

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Fidelity Investments is cooking up more blockchain and cryptocurrency-related products and services, with a goal of rolling some of them out in the next few months, CEO Abigail Johnson said Friday morning. Johnson made the comments during an event held at the financial services giant’s downtown Boston headquarters—one of a…

Behind Your Rising Health-Care Bills: Secret Hospital Deals That Squelch Competition (#GotBitcoin?)

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Contracts with insurers allow hospitals to hide prices from consumers, add fees and discourage use of less-expensive rivals. Last year, Cigna Corp. and the New York hospital system Northwell Health discussed developing an insurance plan that would offer low-cost coverage by excluding some other health-care providers, according to people with…

Majority Of Large Bitcoin Owners Are Hodlers

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Over 55% of Bitcoins currently sit in wallets that have balances upwards of 200 coins – worth over $1Mn at any point in time within the last 11 months when the price of Bitcoin breached the $5k mark. And impressively, 1/3 of the Bitcoins that are sitting in these wallets,…

Social Security Fixes That Would Help Widows, The Oldest Old, And Low Earners (#GotBitcoin?)

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Will We See Them Implemented? We all know the Social Security system needs reforming to keep it solvent so Americans will continue receiving their promised benefits. But Social Security also could be improved to better assist the economically vulnerable. A recent paper from the Center for Retirement Research (CRR) at…

The Secret To Retaining A New Skill: Learn, Exercise, Sleep (#GotBitcoin?)

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People retain new skills better when they follow a learning session with a workout, a study finds. Scientists are discovering new connections between learning, exercise and sleep. A new study suggests that when learning a new task, people improve the long-term retention of those skills when they exercise intensely for…

IT’S THE ECONOMY STUPID: EPISODE#24 (#GOTBITCOIN?)

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Federal Reserve Considers a New Tool to Avert Crises Some officials favor demanding banks stock up on capital while the economy is strong. A decade after a financial crisis that paralyzed the global economy, Federal Reserve officials are debating how to apply one of the central lessons they drew from…

Olaf Carlson-Wee Rode The Bitcoin Boom To Silicon Valley Riches. Can He Survive The Crash? (#GotBitcoin?)

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Now running the world’s largest crypto hedge fund, the 29-year-old says he is undeterred by recent losses. SAN FRANCISCO—Olaf Carlson-Wee has crammed the highs and lows of a hedge-fund career into roughly one year—all before his 30th birthday. He turned $14,502 into a $150 million personal fortune by going all-in…