George Soros to Trade Crypto, Bloomberg Says

Soros Fund Management is said to have recently approved cryptocurrency trading
06 April 2018   257

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.

Zilliqa is holding a meetup in Singapore

High throughput blockchain platform Zilliqa is organizing a meetup session in Singapore on May 23 to share its progress and preview its new smart contract language Scilla
24 April 2018   26

A meetup titled "Zilliqa: Sharding in Action & Security by Design" by Zilliqa project will take place on May 23 at The Metro@ thebridge. Zilliqa is a new high-throughput public blockchain platform that can enable real-world applications considered impossible up to the moment. Zilliqa utilizes the idea of sharding to reach thousands of transactions per second without sacrificing security and decentralization.

The session will covering the so-far progress of the project, the partners joining the project and the preview of the new smart contract language Scilla that further improves on security for smart contracts. The event is going to be broadcasted love on YouTube. The agenda of the meetup is as follows

  • 18:45 - 19:00 Overview of the Zilliqa project
  • 19:00 - 19:20 Session with partners of Zilliqa
  • 19:20 - 19:50 Demo: Testnet & secure smart contracts with Scilla
  • 19:50 - 20:40 Networking

At the moment of publication, Zilliqa market parameters are as follows:

  • Average price $0.099018
  • Market cap $721,249,874
  • Volume (24H) $86,625,700