George Soros to Trade Crypto, Bloomberg Says

Soros Fund Management is said to have recently approved cryptocurrency trading
06 April 2018   476

The family office of George Soros plans to start trading bitcoin and other digital assets, Bloomberg reports with reference to its own sources.

Responsible for macroinvestments in the Soros Fund Management Adam Fisher has already received the approval of the fund for trading cryptourrencies, although it has not yet started active investment in this direction.

The official representative of the fund, under whose management to date $ 26 billion, refrained from commenting.

George Soros became widely known in 1992, when he played against the pound sterling and received $ 1 billion in profits. He became the first American to earn so much in a year, and received the nickname "a man who humiliated the Bank of England."

In 2011, Soros Fund Management returned money to outside investors and became a family asset management office for the 87-year-old billionaire.

It is noteworthy that in January, Soros called bitcoin a typical "financial bubble," but noted that because of the influence of dictatorial regimes in different parts of the world, the collapse of the cryptocurrency is unlikely.

Change.org to Mine for Charity

According to the calculations, if 10k computers will run the minning screensaver for 12 hours a day, the charity fund will receive $10k monthly
18 July 2018   76

Social platform for petitions Change.org announced the launch of a screensaver that mines Monero on users' computers. All tokens will be transferred to the charity fund of Change.org. This is reported by Coindesk.

This initiative was launched in partnership with the marketing agency Tracelocke Brazil.

Representatives of Change.org report that the screensaver will consume resources only when users do not use the computer. According to their calculations, if 10 thousand computers will run the screensaver for 12 hours a day, the charity fund will be transferred $ 10 thousand monthly.

At the moment the program is available only for Windows users and the platform did not report on the release plans for the version for macOS.

Note that at the end of April, a similar action was launched by the Australian unit of the United Nations International Children's Emergency Fund; (UNICEF). The website "Page of Hope" mines Monero cryptocurrency.