News Roundup: Soros Fund Management Owns Bitcoin

Welcome back to another weekly news roundup where we bring you the best and biggest news from the last week. In between all the opinions and spam shared on the internet, there is real and relevant news you may be missing.

Our mission is to highlight all the most talked-about news every week, ensuring you don’t miss out on any important information. From fun stories to market analysts, everything you need to know about crypto can be found on Bitcoin Chaser.

In this weekly news roundup, we hope to inform you about companies adopting bitcoin, blockchain collaborations, and politicians bullish on crypto. Let’s find out what happened within Blockchain over the last week

George Soros’ fund owns bitcoin, CEO confirms

Soros Fund Management, the asset management company founded by billionaire investor and philanthropist George Soros, has revealed that it owns the cryptocurrency bitcoin.

Read more on CNBC

Youth fashion brand PacSun to adopt payments in crypto

US fashion brand Pacific Sunwear, or PacSun, announced that it will accept payments in Bitcoin and 10 other altcoins including Ether, Bitcoin Cash, Wrapped Bitcoin, Dogecoin and, Litecoin.

Read more on Gadgets

Michael Dell says blockchain technology is ‘underrated’

Its 56-year-old billionaire founder recently listed blockchain tech alongside autonomous vehicles and AI-driven biotech as a potential revenue driver for the company. 

Read more on Business Insider

Building ‘OnlyFans on blockchain’ is a huge, untapped opportunity, says Dfinity founder

Williams is actively encouraging developers to create a more decentralized version of OnlyFans. He touted the Dfinity Foundation’s $250 million grants program as a good starting point to bootstrap such ideas.

Read more on CoinTelegraph

Sri Lanka appoints committee to implement crypto mining and blockchain

Sri Lanka joins the global crypto adoption drive after setting up a committee for exploring and implementing blockchain and crypto mining technologies.

Read more on CoinTelegraph

Google to help digital asset platform Bakkt introduce crypto to millions of consumers

Digital asset platform Bakkt has announced a partnership with Google “to introduce digital assets to millions of consumers.” 

Read more on Bitcoin.com

JP Morgan Chase backs bitcoin, says cryptocurrency better hedge than gold

In a recent note to investors, JP Morgan Chase backed Bitcoin and said that the cryptocurrency, which is continually growing in valuation, is a better hedge against inflation than gold.

Read more on RepublicWorld

Nuclear engineer sells classified data to undercover FBI agents for crypto

A nuclear engineer and his wife sold classified information regarding the designs of nuclear-powered warships to an individual they believed to be a foreign nation for almost a year.

Read more on CoinTelegraph

UK’s ex-chancellor Philip Hammond joins crypto start-up Copper

Former UK chancellor Lord Philip Hammond has joined Copper, a UK group that specializes in cryptocurrency custody and trading, as an adviser, becoming one of the best-known political figures to join the fast-growing digital assets industry.

Read more on Financial Times

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And that’s that on all the most notable crypto news from the last week. As blockchain and crypto continue to grow, we can expect more adoption and news to come.

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