Month: April 2021

Cricket Legend Brett Lee and Sportsbet.io Both ‘Bowl a Bitcoin’ as Crypto Community Supports the Covid Crisis in India

TALLINN, Estonia, April 30, 2021 /PRNewswire/ — Sportsbet.io and Australian cricket legend Brett Lee are both ‘bowling a Bitcoin’ to help bring much-needed medical supplies and support to India during the ongoing Covid crisis in the country.

Sportsbet.io ambassador and cricket legend Brett Lee spoke about his experiences in India, stating:

India has always been like a second home for me. The love and affection that I have got from the people of this country both during my professional…

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Michael Hudson on CoinGeek Weekly Livestream episode 12: ‘Bitcoin SV is a keeper of time’

Michael Hudson has always been intrigued by the perception of money. As a young boy, he saw that money had control over people’s emotions. “Growing up in quite a poor and unstable household, money played a very important role to happiness,” he said. That mindset drove the Bitstocks and Gravity CEO to make it his life mission to understand the concept of money while finding answers to questions like—“What is the cost of creation of money, what is money, what is it…

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Trouble in Turkey as crypto falls foul of local laws, investors take big hits





Trouble in Turkey as crypto falls foul of local laws, investors take big hits | Fortune

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BTG launches US private equity division, hires team head

BTG Pactual Asset Management has launched a new US-based private equity unit, hiring a veteran investment manager from New York-based alternatives asset manager Medley Management to head the operation.

The new division, which forms part of its $70bn asset management business, will run the Strategic Capital or ‘Strat Cap’ fund which invests in US-based ‘asset-oriented’ businesses, BTG Pactual said in an announcement.

The New York-based operation will be led by James…

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Turkey jails 6 in probe into missing Thodex crypto exchange CEO

Turkish authorities are progressing with an investigation into local cryptocurrency exchange Thodex, which abruptly halted trading last week.

On Thursday, a Turkish court jailed six suspects pending trial, including siblings of the missing CEO and senior company employees, Reuters reported.

As part of the probe, Interpol reportedly issued a red notice for Thodex CEO and founder Faruk Fatih Özer, who had reportedly flown to Albania. “When he is caught with the red notice, we have…

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Smartbch Sidechain Testnet Is Now Public – Interview Bitcoin News

On Thursday, the Smart Bitcoin Cash team announced the launch of the Smartbch testnet explaining that developers and decentralized app makers can now experiment and develop with the high-performance, EVM-compatible Bitcoin Cash sidechain. Further, Bitcoin.com News spoke with Wang Kui the lead developer of the Smartbch project. The Smartbch tech lead told our newsdesk about the inner workings of the…

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Trevor Lawrence To Take Signing Bonus In Crypto; Mobile Wallet Use Soars

Trevor Lawrence Partners with Blockfolio, Will Have Signing Bonus Placed into Cryptocurrency Account

Trevor Lawrence is going to get paid this week—-in crypto. He has partnered with a global cryptocurrency investment app called Blockfolio and will place his NFL signing bonus into an account with the company. Lawrence’s portfolio includes mainstream cryptocurrencies such as Bitcoin, Ethereum and Solana. According to Spotrac, the signing bonus for this year’s No. 1 NFL pick is an…

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BTG Seeks to Triple Overseas Wealth Assets as It Hires in Miami

(Bloomberg) — Banco BTG Pactual is expanding its U.S. wealth unit as the Brazilian bank seeks to triple the amount of overseas assets it manages in the next three years.

BTG is hiring new advisers and will start partnering with independent U.S. wealth firms serving Latin American clients, said Rogerio Pessoa, head of the Sao Paulo-based lender’s wealth-management business. Pessoa said the bank’s wealth assets grew by 54% in 2020 and he expects an even bigger gain this year.

“Latin American clients, in particular Brazilians, are looking to diversify globally, and we’re confident we can capture that growth through the U.S.,” he said in an interview.

BTG is considering moving to a bigger office in Miami, where its U.S. wealth-management unit is based, Pessoa said….

Read more at www.wealthmanagement.com

Trevor Lawrence To Take Signing Bonus In Crypto; Mobile Wallet Use Soars

Trevor Lawrence Partners with Blockfolio, Will Have Signing Bonus Placed into Cryptocurrency Account

Trevor Lawrence is going to get paid this week—-in crypto. He has partnered with a global cryptocurrency investment app called Blockfolio and will place his NFL signing bonus into an account with the company. Lawrence’s portfolio includes mainstream cryptocurrencies such as Bitcoin, Ethereum and Solana. According to Spotrac, the signing bonus for this year’s No. 1 NFL pick is an…

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A timeline of Ethiopia’s Tigray conflict

Fighting in Ethiopia’s northern Tigray region hits the six-month mark next Tuesday.

Here is a timeline of the ongoing crisis in Africa’s second most populous country:

Fighting begins on November 4 2020, with Ethiopian Prime Minister Abiy Ahmed ordering a military response to what he calls a “traitorous” attack on federal army camps in Tigray.

He blames the attack on the regional ruling party, the Tigray People’s Liberation Front (TPLF), which dominated national politics for nearly three decades before Abiy took office in 2018.

The TPLF denies responsibility and says the reported attack is a pretext for an “invasion”.

Two days later, with fighting intensifying, Abiy sacks the head of the military, whose top brass includes many battle-hardened Tigrayans.

On November 9 Ethiopia carries out more air strikes in Tigray with Abiy saying the operation will be all over “soon”.

Tens of thousands of refugees flee into neighbouring Sudan as the African Union follows the United Nations in demanding an end to the fighting.

As the refugee flow swells tensions mount between the two countries, part of whose frontier is disputed.

After 10 days’ fighting, the UN warns of possible war crimes in Tigray.

Neighbouring Eritrea — with which Abiy has signed a peace deal in 2018 that helped win him a Nobel prize — is reported to be sending troops into Tigray to help Abiy.

Two weeks later, having rejected peace talks, Abiy says government tanks are advancing on Tigray’s capital Mekele.

The city comes under heavy shelling on November 28 before Abiy announces that military operations in Tigray are “completed”.

In February 2021 Amnesty International says Eritrean soldiers killed “hundreds of civilians” in November in the holy city of Axum in Tigray.

The following month AFP documents another massacre by the troops in Dengolat.

US Secretary of State Antony Blinken later urges Eritrea to withdraw and describes violence in western Tigray as “ethnic cleansing”.

He also calls for special forces…

Read more at economictimes.indiatimes.com

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