Hedge Fund Blogs From HedgeCo.Net

Category Archives: Hedge Fund Technology

The Real Reason Coinbase Hired Jeff Horowitz as Chief Compliance Officer

  By David Drake   Jeff Horowitz’s appointment as chief compliance officer at Coinbase, the largest cryptocurrency platform in the US, could herald a new era of investment opportunities for institutional investors. Formerly the managing director of Pershing LLC and banking regulator at the FDIC, Horowitz’s addition is expected to help Coinbase expand into new markets. His experience working in […]

90% Project Failure: What Does this Mean for the Cryptocurrency Market?

  By David Drake   Forrester, a market research firm has forecasted a grim future for blockchain. In a report released recently, the firm estimates that up to 90% of active blockchain projects will either be put on hold or abandoned altogether. The report, further states that adoption of distributed ledger technology in businesses has reduced drastically in the United […]

How Coinbase is Strengthening Its Structures to Attract Institutional Investors

By David Drake This year has seen the creation of more than 100 cryptocurrency hedge funds. Several large financial institutions have announced plans to launch cryptocurrency trading. Development of blockchain-based innovations has also hit a whole new level. Creation of platforms such as Gath3r for web-mining monetization, IOU for e-commerce loyalty solutions and URAllowance for family smart contracts has seen […]

2-Way Bitcoin ATMs: Can they Solve the Crypto Hacking Problem?

  By David Drake   Bitcoin ATMs are increasingly gaining popularity. Just last month, 55 new Bitcoin ATMs were installed in different cities, representing a 1.6% increase, from 3415 at the start of the month, to 3470 across 72 countries. However, the most captivating news about Bitcoin ATMs was the entry of two-way Bitcoin ATMs into the market. Malta, a […]

Disaster Recovery Testing: Frequently Asked Questions

An often overlooked, but critical component of disaster recovery (DR) solutions is testing. If regular testing is a critical component of an effective DR solution, why do many firms fail to do so? The most common reasons include: a lack of time to commit to DR testing; a lack of understanding as to how to go about testing their solutions; and […]

Two Reasons Why Institutional Investors Avoid Digital Assets and How Coinbase is Addressing Them

  by David Drake     Coinbase, one of the leading cryptocurrency exchange, is positioning itself to attract institutional investors. The exchange recently hired Jeff Horowitz, formerly the managing director and chief compliance officer of Pershing LLC, as its chief compliance officer. By hiring Horowitz, Coinbase hopes to expand the innovative market through his guidance as well as add new services […]

The Real Reason Why J5 Is a Timely Collaboration

  by David Drake     Early last month, the United States tax agency, Internal Revenue Service (IRS) announced that it had formed a new taskforce to investigate international tax crimes and money laundering in the cryptocurrency industry. The global collaborative effort dubbed Joint Chiefs of Global Tax Enforcement (J5) involves tax agencies from five countries, namely the United States, Canada, […]

With J5 Scrutiny, Are Crypto Startups Ready for Tax Liabilities?

  by David Drake   For the first time, representatives of the Joint Chiefs of Global Tax Enforcement, dubbed as J5, met in Montreal, Canada last month. The JF comprises of Australian Taxation Office (ATO), the Fiscal Information and Investigation Service (FIOD) of The Netherlands, the Canada Revenue Agency (CRA), Her Majesty’s Revenue and Customs (HMRC) of the United Kingdom […]

Impact of Accepting or Declining Cookies

It’s likely that you’ve noticed a “Privacy and Cookie Policies” popup at the top or bottom of a web page while browsing the internet. You may even be mindlessly “Accepting” or “Declining” to give or deny the site permission to track your cookies without even thinking of the consequences. However, choosing to accept or decline a website’s cookies does impact […]

Will South Korea’s Move to Embrace Cryptos Improve Support for ICOs?

  by David Drake     Since January of this year, South Korea has been making headlines for taking drastic measures in the cryptocurrency industry. The country was the first to pass regulation requiring players in the industry to synchronize their trading details with those in the bank. The country even went further to  place a ban on initial coin offerings […]