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Colombian Financial Watchdog Says Local Firms Can Use Capital to Buy Bitcoin
5.1.2021
The Superintendency of Corporations in Colombia has explained in an official note that companies in the country are legally allowed to buy cryptocurrencies, specifically bitcoin (BTC), to inject capital as long as they abide by local regulations. Colombian Watchdog: Local Firms Can Use Capital...
Crypto Markets Jump on OCC Approval for Banks to Use Blockchains
5.1.2021
The price of bitcoin and native tokens for other stablecoin-supporting blockchains jumped after the OCC approved banks to use public blockchains
Bitcoin Miner Marathon Patent Group Completes $200M Capital Raise
4.1.2021
Nasdaq-listed Marathon said it will use the funds to pay for recent hardware purchases from Bitmain and to expand its business
Colombian Watchdog Says Companies Can Convert Capital to Bitcoin
31.12.2020
Big American companies like MicroStrategy have made the headlines this year with their bitcoin (BTC)-buying policies, but companies in Colombia may be set to follow suit – after a corporate watchdog in the nation green-lighted the practice of holding capital reserves in crypto.
In an official...
Nasdaq Listed Greenpro Capital to Set up Bitcoin Fund Using a $100 Million Loan
31.12.2020
The Nasdaq listed Greenpro Capital Corporation has revealed plans to set up a bitcoin fund using $100 million in borrowed funds. In addition to the borrowed funds, Greenpro, through its subsidiary Cryptosx, says it plans to use its own cash resources to acquire the digital asset. The financial...
SkyBridge Capital Has Already Invested $182M in Bitcoin
29.12.2020
“Bitcoin is digital gold,” SkyBridge says in its pitch to investors. “It is better at being gold than gold.”
Opyn Upgrade Aims to Add Capital Efficiency and Liquidity to DeFi Options Market
29.12.2020
Options marketplace Opyn is rolling out an upgrade that targets capital efficiency and liquidity in the decentralized financial options market
Canadian Firm NexTech AR Buys $2M Bitcoin to Diversify Capital
29.12.2020
Canadian augmented reality (AR) company NexTech AR is jumping on the crypto bandwagon with plans to use its treasury funds to buy $2 million of bitcoin for “capital diversification.” Read more: Nasdaq-Listed Canadian Firm to Invest Over $1M in Bitcoin
Crust Network Launches Crust Storage Market, Decentralized Cloud Service Built on Polkadot
29.12.2020
PRESS RELEASE. One of the star projects of the emerging Polkadot ecosystem, Crust Network, recently completed a several million dollar Series A financing round in September, with investors including NGC Ventures, SNZ, HashCIB, DFG, KNS Group and AU21 Capital. In 2020, Crust Network joined...
Lending Platform Vauld Raises $2M to Grow Into a Full Crypto Bank
28.12.2020
Vauld, formerly called Bank of Hodlers, raised $2 million in a round led by Pantera Capital to expand its crypto banking platform
SEC Obtains Emergency Asset Freeze Against Virgil Capital
28.12.2020
Stefan Qin, the 23-year-old founder of Virgil Capital, has been accused by the SEC of “fabricated records” for failing to redeem $3.5 million in investments and attempting to withdraw $1.7 million in investor funds to pay off Chinese loan sharks
Korean crypto investment company launches $100 million fund for blockchain projects
23.12.2020
South Korea’s Hashed has established a new fund to finance emerging blockchain startups
Skybridge Bitcoin Fund Launches With $25 Million: Anthony Scaramucci Expects ‘Avalanche of Institutional Investors’
23.12.2020
Global investment firm Skybridge Capital has launched a bitcoin fund with $25 million. The founder of the company, Anthony Scaramucci, is bullish about bitcoin. “It’s the first inning,” he said, adding that “You are about to see that wave of early adoption by...
South Korea’s Hashed Raises $120M Venture Fund for Crypto Deals
23.12.2020
Hashed Ventures has raised $120 million for a fund that will be focused on a new era of distributed networks
Billion-Dollar Wealth Manager Skybridge Capital Plans to Launch a Bitcoin Fund
22.12.2020
In mid-November, a filing registered with the U.S. Securities and Exchange Commission (SEC) had shown that the investment firm Skybridge Capital may invest in crypto assets like bitcoin. Over a month later, Skybridge Capital filed another registration form with the U.S. SEC (Form D) as it plans...
Yolo Investments Firm Makes First Portfolio Exit With 5.8x ROI
18.12.2020
PRESS RELEASE. Gaming venture capital firm Yolo Investments (formerly known as Vereeni Investments) exited its investment in Estonia-based online gaming and sports betting operator Coolbet for an impressive 5.8x return. The acquisition of Coolbet by GAN Limited marks the first start-to-exit...
Brazil Revenue Collector’s Data Shows Cryptocurrency Volumes Exceed $6 Billion Between January and September
15.12.2020
Raw data from the Federal Revenue of Brazil (RFB) shows that crypto traded volumes in the country exceeded $6 billion between January and September this year. According to the data, bitcoin dominates as it accounts for over 80% of traded volumes. Still, other cryptos like bitcoin cash, dai,...
How Israeli VCs Are Doubling Down on DeFi Startups
15.12.2020
The three co-founders of Collider Ventures agree Israel’s vibrant crypto industry waned, yet didn’t fizzle, throughout 2020
Bloccelerate VC Raises $12M Fund to Bet on Enterprise Blockchain Adoption
14.12.2020
The Seattle-based firm plans to invest in 10–15 ventures in the blockchain space over the next 2–3 years
Microstrategy Completes $650 Million Capital Raise to Fund More Bitcoin Purchases
12.12.2020
Microstrategy Inc. has raised $650 million from the sale of convertible senior notes so that it could buy more bitcoin. In a note to investors on Dec. 11, the business intelligence and mobile software firm said it completed the sale of $650 million in convertible bonds to private investors at 0.75%...