Billion-Dollar Wealth Manager Skybridge Capital Plans to Launch a Bitcoin Fund
In mid-November, a filing registered with the U.S. Securities and Exchange Commission (SEC) had shown that the investment firm Skybridge Capital may invest in crypto assets like bitcoin. Over a month later, Skybridge Capital filed another registration form with the U.S. SEC (Form D) as it plans to launch a bitcoin fund. The wealth management firm run by Anthony Scaramucci, Skybridge Capital, is launching a bitcoin fund called the...
Venezuela’s Asonacrip: Bitcoin Bull Run Could Help Boost Usability of Cryptos Such as Petro
The president of the National Association of Cryptocurrencies of Venezuela (Asonacrip) praised the recent bull run seen in bitcoin’s prices across the board, which “favors the usability of a very novel crypto asset,” such as the petro (PTR). Petro Is Gathering Strength Due to Its Surging Prices in the Secondary Market, Says Venezuela’s Asonacrip During an interview with the Venezuelan TV channel Globovisión, Jose Ángel Álvarez pointed...
Global Equity Head at Jefferies Says the Investment Bank Will Buy Bitcoin and Reduce Exposure to Gold
Christopher Wood, the global head of equity at Jefferies, a global financial services company, says the firm will reduce exposure to gold in favor of bitcoin. He adds that there are plans to increase the crypto component of Jefferies’ long-only global portfolio for U.S. dollar-denominated pension fund if and when the bitcoin price drops from current levels. As a result of this decision, 5% of the fund will now consist of bitcoin. The...
Police “Seize” Pirate IPTV Platform, Prepare to Identify 50,000 Users
While rightsholders and authorities all around the world are working to disrupt pirate IPTV platforms, in 2020 Italian law enforcement entities have been more involved than most. Every few weeks agencies including the Guardia di Finanza have announced fresh action to try and reduce the use of piracy-enabled set-top devices, often referred to by the term ‘pezzotto’. New Legal Action Against 50,000-User IPTV Platform According to an...
YouTube Class Action: Same IP Address Used to Upload ‘Pirate’ Movies & File DMCA Notices
Grammy award-winning musician Maria Schneider and Virgin Islands-based Pirate Monitor Ltd teamed up in the summer to file a class-action lawsuit against YouTube. In an effort to gain access to YouTube’s Content ID system, the complaint stated that YouTube has an allegedly lax attitude to takedown notices and repeat infringers, and discriminates against smaller creators. Schneider told the court that a number of her songs had been...