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Scaramucci’s $9.2B SkyBridge ‘May Seek Exposure to Digital Assets’

Scaramucci’s $9.2B SkyBridge ‘May Seek Exposure to Digital Assets’

SkyBridge Capital is giving itself an opening to indirectly invest in bitcoin and other cryptocurrencies.

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Why Bitcoin Thrives (and Why It Won’t Replace the Dollar)

A world in which bitcoin becomes the global reserve currency is a world many of us would not want to live in.

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Crypto Execs Need Liability Insurance

When crypto companies are denied liability insurance, they are disincentivized from innovating.

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Binance Discontinues UK Pound Stablecoin Calling It Just an ‘Experiment’

The exchange is discontinuing its own BGBP stablecoin, an “experiment” that obviously wasn’t a success.

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Scaramucci’s SkyBridge Capital opens door to investing in firms with bitcoin exposure

A pair of filings for SkyBridge Capital — the investment firm founded by Anthony Scaramucci — indicate that the company is eyeing investments that give it some exposure to digital assets.

The post Scaramucci’s SkyBridge Capital opens door to investing in firms with bitcoin exposure appeared first on The Block.

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First Mover: Stimulus Seen (for Bitcoin) Since Moderna Won’t Save Spirits from Third Wave

Rise in coronavirus cases, hospitalizations and deaths could dent consumer confidence and retailer revenue during the crucial holiday shopping season.

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China’s Crypto Miners Struggle to Pay Power Bills as Regulators Clamp Down on OTC Desks

Miners in China have reportedly been struggling to pay for electricity after authorities started cracking down on OTC brokers in the country.

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MakerDAO Loans Can Be Gamed to Hold Out Funds From Liquidation, Startup Finds

A loophole in MakerDAO’s collateralized debt market enables positions to be closed far more leniently than intended due to an oversight in the auction process.

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SEC Chairman Jay Clayton Stepping Down at End of Year

U.S. Securities and Exchange Commission Chairman Jay Clayton will leave his role at the end of this year.

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Could itBit give us insights into the success of PayPal’s new crypto service?

This research piece is available to
members of The Block Genesis.
You can continue reading
this Genesis research on The Block.

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