The global hedge-fund industry is a multi-trillion dollar industry that is unable to invest, buy or trade cryptocurrency. The main reason explaining this incapacity is the lack of institutional-grade tools needed to ensure secure and transparent transactions. Massive financial fraud attempts, such as the Mumbai’s Punjab National Bank's $1.8 bln breach, challenges the status quo of hedge fund investing.
March 12th, 2018 - Today, Bruce Aitken, Vice President of Amazon China and previously Director of Finance and Strategy for Intel China, announced his new appointment (effective in early April) as CEO of social engagement innovator JET8. The announcement comes on the heels of JET8's Token Generation Event, establishing a blockchain based token for its revolutionary peer-to-peer engagement ecosystem; heralding in a new era for social media.
Sanctions, and missile threats, are carrying more weight than oil.
The dollar was steady against a basket of the other major currencies on Thursday, but struggled to make headway as concerns over the prospect of a U.S. military strike in Syria rattled markets.
There's been plenty of speculation that the selloff in cryptocurrencies is partly because investors have needed to raise cash to pay taxes on their profits of 2017.