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Nalezeno "VC Funds": 2592

Danske Bank Caught Using Gold Bullion to Launder Illicit Funds


The Danish financial institution Danske Bank has been embroiled in a massive money-laundering scandal associated with an Estonian branch that allegedly laundered $223 billion in an eight-year period. According to documents uncovered this week stemming from 2012, Danske Bank’s Estonian branch...

Ripple’s Investment Solution Xpring Puts Funds in Flare Networks


Xpring, the brainchild of Ripple that works as the investment arm for innovative blockchain projects, has made a strategic investment in a well-known smart contract platform, Flare Networks. On November 5, 2019, Flare Networks made an official announcement stating that it has earned a critical...

Argentina’s Example Shows That You Don’t Own Your Money


Cash shortages, bank closures and ATMs running out of funds seems to be the new norm for many countries, and recently increased capital controls in Argentina are further testament to this unsettling trend. Sunday’s election of president Alberto Fernández has resulted in Argentine account...

Michael Novogratz’s Galaxy Digital Comes up with 2 New Bitcoin Funds


In a recent announcement, billionaire Michael Novogratz-led Galaxy Digital Asset Management proudly stated that the company will be launching two Bitcoin funds in the month of November. Novogratz confirmed that the planned Bitcoin funds, dubbed the Galaxy Bitcoin Fund and the Galaxy Institutional...

Lightning Network User Confused By Protocol: Lost 30,000 USD


The Lightning Network has long been touted by its proponents as a speedy, low-cost solution to Bitcoin’s scaling issues. A series of security scares and UX issues have called that vision into question however. The latest LN slip-up saw a user lose 4 BTC in one fell swoop. Also read: Hidden...

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