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Grayscale Investments’ Bitcoin Cash Trust Approved for Public Trading


Grayscale Investments’ Bitcoin Cash Trust and Litecoin Trust have been approved by the U.S. Financial Industry Regulatory Authority (FINRA) for public quotations. The two add to Grayscale’s four existing publicly traded investment products: Bitcoin Trust, Ethereum Trust, Ethereum...

Fund Operator Offers Telegram TON Investors Paybacks of Just 21%


A major hedge fund that recruited a number of investors in the failed Telegram Open Network (TON) blockchain and crypto initiative is offering its investors just 21% of their stakes as a refund after the project collapsed, said a new report. Per Forbes Russia, ATON, a fund who once promised that...

US Tech University Makes ‘Seven-figure’ Investment in Tokenized Fund


Source: a screenshot, Instagram/rittigers New York-based private tech university the Rochester Institute of Technology (RIT) has made an undisclosed “seven-figure” investment in Cosimo Ventures, a tokenized venture fund operator that focuses on blockchain and tech companies. In a press release...

Fidelity Acquires 10% Stake in Bitcoin Mining Firm Hut 8


The giant fund manager Fidelity International holds roughly 10.6% stake in the bitcoin mining company Hut 8. For six years now, Fidelity, the firm that currently manages $300 billion on behalf of its customers, has been mining the cryptocurrency bitcoin. In May 2017, news.Bitcoin.com reported...

Bitcoin Bull Mike Novogratz Says to Hold More Gold Than Bitcoin


The billionaire investor Michael Novogratz recently detailed in an interview that he thinks global investors should hold more gold in their portfolios and own less bitcoin. Novogratz’s statements follow his recent advice last month when he said investors should “watch gold...

Beijing to Set up Blockchain Fund and Foster ’Unicorn’ Firms


The city government of Beijing and the surrounding area has announced a new two-year plan to foster the Chinese capital’s blockchain industry. Per an official announcement from the People’s Government of Beijing Municipality, the capital’s plan involves setting up blockchain technology talent...

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