Hedge fund billionaire Ray Dalio reveals he now holds ether, slams cash

Ray Dalio told Yahoo Finance that cryptocurrencies have become an impressive asset class, but he thinks cash could become a “problematic asset” Bridgewater Associates founder and co-chief investment officer Ray Dalio has revealed that other than Bitcoin, he also now holds a small amount of Ether (ETH), the native cryptocurrency on the world’s largest smart […]

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ConsenSys Collaborates with Mastercard to Bring Scalability to Ethereum for Private Use

ConsenSys, the Ethereum software company, has announced the launch of ConsenSys Rollups to help the firm address the challenge of scalable applications on Quorum and provide enterprise-grade scalability to leading financial organizations. It is in collaboration with Mastercard that ConsenSys has designed its rollups solution. This new solution is in response to the need for […]

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Bitcoin-Backed Mortgages Could Transform The Real Estate Sector

Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. The world’s first Bitcoin-backed mortgage will provide Bitcoin holders with an important use-case for their diamond stashes, but without having to resort to a BTC selloff. Although Bitcoin’s uncertainty period is dominated by fear […]

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Binance UK Restricting Access to Crypto Derivatives and its Earn Product

Binance’s UK entity will stop offering its retail investors crypto derivatives to comply with local regulations, the exchange told its users. “As the crypto ecosystem evolves globally, we are continually evaluating our products to ensure they meet local regulatory requirements,” reads the note Binance UK sent to the users. The UK Financial Conduct Authority (FCA) […]

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