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Turning the Counter-Revolutionaries
Turning the Counter-Revolutionaries
Opinion  •  Economy  •  Dec 15, 2020 by Obi Nwosu

Obi Nwosu is the CEO and co-founder of Coinfloor, the UK's longest-running Bitcoin exchange. He has over 20 years’ experience building online marketplaces and bringing virtual currencies to tens of millions of people. Obi writes The Road to Bitcoin Hegemony, a weekly recap of some of the most

British Investment Firm Puts 2.5% of $620M Fund Into Bitcoin
British Investment Firm Puts 2.5% of $620M Fund Into Bitcoin
News  •  Bitcoin  •  Dec 15, 2020 by Nick Chong

On Tuesday, Ruffer Investment Company revealed in an investor letter that it has allocated "around 2.5%" of its fund's portfolio to Bitcoin: One recent addition, via one of the specialist managers appointed within the Ruffer Multi-Strategies Fund, has been bitcoin. This is primarily a defensive

"Bitcoin Should Be Worth About $400,000" - Guggenheim Investments CIO
"Bitcoin Should Be Worth About $400,000" - Guggenheim Investments CIO

Scott Minerd, Chief Investment Officer of asset management and investment advisory firm Guggenheim Investments, believes Bitcoin is severely undervalued. In a video published by Bloomberg TV on Wednesday, Minerd shared that the firm had "started allocating toward Bitcoin when Bitcoin was at $10,000," adding that he was

News  •  Markets  •  Dec 15, 2020
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"Bitcoin Should Be Worth About $400,000" - Guggenheim Investments CIO
"Bitcoin Should Be Worth About $400,000" - Guggenheim Investments CIO

Scott Minerd, Chief Investment Officer of asset management and investment advisory firm Guggenheim Investments, believes Bitcoin is severely undervalued. In a video published by Bloomberg TV on Wednesday, Minerd shared that the firm had "started allocating toward Bitcoin when Bitcoin was at $10,000," adding that he was

News  •  Markets  •  Dec 15, 2020
Turning the Counter-Revolutionaries
Turning the Counter-Revolutionaries

Obi Nwosu is the CEO and co-founder of Coinfloor, the UK's longest-running Bitcoin exchange. He has over 20 years’ experience building online marketplaces and bringing virtual currencies to tens of millions of people. Obi writes The Road to Bitcoin Hegemony, a weekly recap of some of the most

Opinion  •  Economy  •  Dec 15, 2020
British Investment Firm Puts 2.5% of $620M Fund Into Bitcoin
British Investment Firm Puts 2.5% of $620M Fund Into Bitcoin

On Tuesday, Ruffer Investment Company revealed in an investor letter that it has allocated "around 2.5%" of its fund's portfolio to Bitcoin: One recent addition, via one of the specialist managers appointed within the Ruffer Multi-Strategies Fund, has been bitcoin. This is primarily a defensive

News  •  Bitcoin  •  Dec 15, 2020
Channel Jamming Attacks on the Lightning Network: A Deep-Dive
Channel Jamming Attacks on the Lightning Network: A Deep-Dive

In May this year, Bitcoin Core contributors Gleb Naumenko and Antoine Riard proposed the use of Fidelity Bonds for LN Routing to prevent channel jamming, a type of denial-of-service (DOS) attack that can occur on the Lightning Network. Channel jamming, first described in 2015 by Rusty Russell, usually describes a

interview  •  Technology  •  Dec 13, 2020
MicroStrategy Completes $650M Offering of Convertible Senior Notes
MicroStrategy Completes $650M Offering of Convertible Senior Notes

On Monday, American business services company MicroStrategy announced its intent to raise $400 million in a private offering of convertible senior notes, the proceeds of which it would potentially use to buy bitcoin. While many scoffed at the deal that earned the company a stock downgrade from Citibank, a few

News  •  Bitcoin  •  Dec 10, 2020
Insurance Company MassMutual Buys $100M Worth of Bitcoin
Insurance Company MassMutual Buys $100M Worth of Bitcoin

As first noted by Grayscale Director Phil Bonello, MassMutual recently purchased $100 million worth of bitcoin. Assuming it bought the cryptocurrency at its current price of $18,150, that would mean the insurance company purchased 5,510 BTC. MassMutual, also known as the Massachusetts Mutual Life Insurance Company, is a

News  •  Bitcoin  •  Dec 09, 2020
Ray Dalio: Bitcoin Could "Serve As a Diversifier to Gold"
Ray Dalio: Bitcoin Could "Serve As a Diversifier to Gold"

Up until recently, Wall Street investor Ray Dalio had been known as a Bitcoin skeptic. That appears to be changing. Dalio is the co-CIO of one of the world's largest investment funds, Bridgewater Associates. He is personally valued at $16.9 billion, according to Forbes.  In a Reddit

News  •  Bitcoin  •  Dec 08, 2020
To Kill the King
To Kill the King

Obi Nwosu is the CEO and co-founder of Coinfloor, the UK's longest-running Bitcoin exchange. He has over 20 years’ experience building online marketplaces and bringing virtual currencies to tens of millions of people. Obi writes The Road to Bitcoin Hegemony, a weekly recap of some of the most

Opinion  •  Politics  •  Dec 07, 2020
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