• The running of the digital asset managers (via Pixabay)
    Cryptocurrencies,  Regulation

    State Street survey: 94% of big asset managers to invest in crypto by 2020

    The financial services giant found excitement around tokenized assets and bullishness on a 2020 bitcoin ETF

    According to a survey by State Street Corporation, 94% of the 101 asset managers and owners with $100 billion-plus portfolios said they either have digital assets under management or are planning to add them in 2020.

  • At this rate, Tron's Justin Sun will never eat his $4.6 million lunch.
    Alt coins,  People,  Politics

    Another smackdown for Tron’s Justin Sun

    Chinese social media site Weibo shut the hyper-marketing cryptocurrency mogul’s account, as well as one run by the CMO of cryptocurrency exchange Binance

    Tron CEO Justin Sun’s exuberant marketing skills may have come back to bite him again. And Tron (TRX) coin holders are along for the ride. Sun's Weibo account was shut down on Dec. 12, according to Dovey Wan, a founding partner at venture capital firm Primitive Ventures.

  • The man, the legend... Charles Ponzi (via Smithsonian/public domain).
    Bitcoin

    Three charged in BitClub Network’s alleged $722 million bitcoin Ponzi scheme

    Three men are accused of using the BitClub Network cryptocurrency mining pool to defraud investors, referring to them as ‘sheep’ and ‘idiots’

    A Ponzi scheme that stole $722 million from investors in a fraudulent cryptocurrency mining pool has been broken up by FBI and IRS agents, according a federal indictment. BitClub Network promised investors around the world shares in the earnings of a major non-existent bitcoin mining pool.

  • "We know the game and we're gonna play it..." --Rick Astley (via YouTube)
    Bitcoin,  People

    Lawyers suing Craig Wright: Modern Consensus reporter Rick Rolled us

    ‘Ahahhahhahahhahahaha! TODAY THEY FILED AGAINST ME IN COURT FOR RICK ROLLING,’ said a chastened Brendan Sullivan.

    The lawyers suing Craig Wright for $3.6 billion just complained to a judge that a Modern Consensus reporter Rick Rolled them on Twitter. Attorney’s representing brother of Wright’s late partner Dave Kleiman have been trying to subpoena a recording of Modern Consensus journalist Brendan Sullivan’s exclusive phone interview with Wright.