Once the king of investing, Warren Buffett has lost his mojo. Berkshire Hathaway has woefully underperformed the S&P 500 Index over the last decade. Yet Buffett keeps doubling down on his old strategy. Founders Fund founder Peter Thiel says investors today should look to high-tech growth stocks, not traditionally safe value stocks. Warren Buffett has …
Industry giant Coinbase has scored a major win for its recently-launched institutional brokerage service, as a major hedge fund has begun using its platform to dip its toe into the fledgling cryptocurrency market. Citing unnamed sources familiar with the matter, Business Insider reports that the $20 billion hedge fund — whose name was not disclosed …
Coinbase and Silicon Valley investor Peter Thiel are among over 40 groups, funds, and angel investors backing the latest addition to the cryptocurrency ecosystem’s stablecoin arsenal, a new stable token called Reserve, which closed $5 million in its first round of funding The stablecoin, which is pegged 1:1 to the value of USD, is in …