systematic alpha management
Ex-CEO of Investment Firm Pleads Guilty to Cryptocurrency Fraud Scheme
Peter Kambolin, the ex-CEO of Systematic Alpha Management, pleaded guilty to a conspiracy to commit commodities fraud involving cryptocurrency futures contracts, as revealed by the DOJ on October 12, 2023. The case, marking a milestone as the first of its kind, unveils a "cherry-picking" scheme where Kambolin misallocated profitable trades to his accounts, misrepresenting trading focuses to investors. With legal proceedings underway, Kambolin faces up to five years in prison, showcasing the authorities' resolve against financial fraud in the crypto sector.
Peter Kambolin Sentenced for Fraudulent Scheme in Cryptocurrency Futures Trading
Peter Kambolin, former CEO of Systematic Alpha Management LLC, was sentenced for a fraudulent "cherry-picking" scheme in cryptocurrency futures, underscoring the need for stringent regulatory oversight in crypto trading.
IOTA Foundation Announces the Alpha Release of IOTA Streams for Users' Ultimate Control Over Their Own Data
Today, the open-source non-profit foundation, IOTA has announced the final Alpha release of IOTA Streams.
Matrixport's Evolved Enterprise-Grade Cactus Custody and Holistic Approach to KYT and AML Compliance
Matrixport is a Singapore-based cryptocurrency startup which was launched by former Bitmain CEO Jihan Wu. Established in July 2019 with the goal to offer over-the-counter trading, lending and custody services for crypto, Matrixport boasts a systematic security model, global distributed infrastructure and business-focused security innovation capability to assure the security and reliability of users' assets.
Italian Town Spearheads Blockchain-Propelled Waste Management
Miglianico, an Italian town in the Abruzzo region, is famous for its wine production based on its expansive vineyards. The city is planning to establish a new blockchain breakthrough by being the first town in the country to incorporate distributed digital ledger technology for its waste management solutions.
How Does Blockchain Enhance Traditional Project Management?
Projects are very different from every other type of activity; they have a definite beginning, ending and time frame. They are created or initiated to fulfill a specific objective, which after fulfilling they cease to exist. But did you know that 7 out of ten projects overrun their deadlines? How can blockchain enhance the process of project management?
Blockchain as a Solution for Data Management in Clinical Trials
Applying blockchain technology to clinical trials can help resolve one of the industry's biggest weaknesses: Poor data management. Learn how blockchain's immutability trait can become a trial investigator's best asset.
Chinese Military Likely to Employ Blockchain Management to Improve Performance
A report on Nov. 18 from the Chinese media Global Times, has stated that the Chinese military is likely to adopt blockchain technology to ensure proper management of personnel data, improve their training and performance in mission.
How Blockchain is Prompting Innovations in Waste Management
Blockchain can come in handy in the realization of efficient waste management measures through the creation of a trustworthy, transparent, and immutable supply chain network for a plethora of different records. This technology can aid in the digital tracking of information, allowing an in-depth analysis of supply chains.
Bitcoin Is at an “Inflection Point,” says Soros Fund Management CIO
As Bitcoin’s price consolidation continues, Soros Fund Management CIO Dawn Fitzpatrick believes that the leading cryptocurrency is at an inflection point.
Cardano to be Integrated with Wolfram Alpha’s Technology to Build Advanced Smart Contracts
Cardano has recently announced that it will be integrating with Wolfram Alpha, the world’s largest answer computing engine.
Galaxy Digital Capital Management Launches Bitcoin Funds While Making Bakkt and Fidelity Custodians
Galaxy Digital Capital Management LP, an affiliate of Galaxy Digital Holdings Ltd, issued two Bitcoin funds with Bakkt and Fidelity Digital Assets as custodians for the funds, while Bloomberg L.P will be the pricing agent.
Singapore Employs Blockchain-Enabled Digital Health Passport for Enhanced Medical Data Management
The Singaporean administration teamed up with a local startup to establish a blockchain-powered digital health passport to boost medical records management.
BlackRock Filings Signal the Giant Asset Management Firm Could Start Bitcoin Futures Trading
Blackrock investment management giant has filed documents with the SEC suggesting that the firm is set to dive into the crypto futures trading.