BitcoinAndrius Vaškevičius

Peter Thiel’s Founders Fund Backs Startup Bringing Big Investors into Crypto Sphere
Bitcoin
Peter Thiel’s Founders Fund Backs Startup Bringing Big Investors into Crypto Sphere
Founders Fund, a venture capital firm backed by billionaire Peter Thiel, known for its early investment in Facebook, has reportedly made another early-stage investment. This time it is Tagomi – a startup that aims to be a cryptocurrency version of a traditional broker-dealer for wealthy institutional investors, family offices, and individuals. Executing large orders within crypto markets is still an arduous process due to the decentralized nature of the industry.…
Dubai Police Use AI Tech to Catch Robbers Behind a $1.9m Bitcoin Heist
Bitcoin
Dubai Police Use AI Tech to Catch Robbers Behind a $1.9m Bitcoin Heist
The Dubai police have been successful in arresting a 10 member gang that reportedly relieved prospective BTC buyers of 7m AED (approximately $1.9m). Authorities reported using a state of the art AI technology to locate the suspects. It seems that the AI played a pivotal role in the timely arrest as it came in less than 48 hours after the report of the incident. The victims of the heist reported…
Buffet Slanders Bitcoin Once Again
Bitcoin
Buffet Slanders Bitcoin Once Again
The godfather of investing, and one of the wealthiest people alive Financial guru Warren Buffet has commented once again on the currency everyone is talking about- cryptocurrencies. Warren Buffet is known as the CEO of Berkshire Hathaway and is currently 87 years old. At present no one comes close to his amount of experience in the financial and investment world. He has claimed in an interview with Yahoo Finance in…
Bitcoin Futures Reach All-Time High
Bitcoin
Bitcoin Futures Reach All-Time High
The volume of bitcoin futures being traded broke its previous record on Wednesday, peaking at close to $670m in combined worth from the two issuing exchanges CME and CBOE. In Chicago on the CME floor, over 11,000 contracts were traded, worth around 56,010 bitcoin (BTC). CME estimated the dollar value of this number to be around $479m, for the single day of trading. The liquidity of the contracts is growing…