Tuesday, January 22, 2019
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Anonymous Trader That Can Gain $175 Million From S&P 500 Bet Was Not “Doing a Buffett”

Buffett
An anonymous trader set the American stock options market on fire last Monday with a huge gamble reminiscent of Warren Buffett's famous bet on global equities more than 10 years ago. The trader has sold 19,000 put options on the S&P 500 index, forcing him to buy the Wall Street benchmark at 2,100 points as of December 18, 2020,...

Cryptopia Suffers Catastrophic Hack, Evidence Suggests $2.5 Million Ethereum Stolen

Cryptopia is a cryptocurrency exchange being situated in New Zealand which is being hacked recently, and it is the first crypto hack case in this year of 2019. The amount that has been hacked is within 2.5 to 3.5 million dollars, and the hack was carried on the 13th of January when the company went into a maintenance mode...

“Peaceful revolution” begins with Bitcoin: says Jimmy Song

jimmy
A recent interview with RT’s business host, Max Keiser, quoted the Bitcoin developer, Jimmy Song, remarking that the most popular cryptocurrency, Bitcoin, can actually be a powerful tool to bring about a peaceful revolution. Song said that Bitcoin’s biggest contribution is “decentralization of monetary power”. In contrast, with centralized currencies, the power lies with the government and big businesses. Bitcoin...

Critical State for Blockchain Organizations: McKinsey & Co.

McKinsey & Co, the massive consulting firm has published a detailed report that can cause troubles to the Cryptocurrency or the Blockchain organizations. The firm’s detailed report has words claiming that the cryptocurrency has the best and the highest potential to grow and develop the nations all across the planet, but has still not proven itself in the currency...

No Approval of Bitcoin ETF in Japan – FSA

bitcoin
As per Financial Services Agency’s (FSA) spokesperson, Japan is yet to approve the Bitcoin ETF or Bitcoin Exchange traded funds. He said that neither they are considering it at the moment nor they are anyway approving it at present. Several crypto sources reported last week about Japan’s probability of approving the Bitcoin ETF. It was anticipated that the ETFs will...

Tough times for Elon Musk – SpaceX to lay off 10% of the workforce

SpaceX
Elon Musk, the Tesla billionaire about to lay off 600 employees from the workforce of 6000 at SpaceX. It is reported that the layoff is happening to cut down the cost of the company. Gwynne Shotwell, the President of the company, mailed that the company must have little less amount of workforce on this Friday. As per Shotwell, the company...

Anonymous Trader That Can Gain $175 Million From S&P 500 Bet...

An anonymous trader set the American stock options market on fire last Monday with a huge gamble reminiscent of Warren Buffett's famous bet on...