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Asia Falls Behind as US Takes the Lead in Crypto VC Deals
1.12.2021
The US is the global leader in blockchain-related investment deals, with nearly three times the dollar amount transacted in deals there as in Europe during the third quarter of this year. Meanwhile, Asia has for the first time fallen behind the US by the number of crypto startups that raised...
2TM, Mercado Bitcoin’s Holding Company, Raises $50.3 Million in Second Closing of Series B Funding Round
1.12.2021
2TM, a Brazilian fintech unicorn that is the holding company of Mercado Bitcoin, one of the leading crypto exchanges on the continent, has closed its Series B funding round again, raising an additional $50 million. The funding round was led by U.S.-based 10T and Tribe Capital, with...
Grayscale Launches Solana Trust — Company Now Manages $54 Billion Across 16 Crypto Investment Funds
1.12.2021
Grayscale Investments has launched a solana trust. The company now has nearly $54 billion in total assets under management. The new trust, which is the company’s 16th crypto investment product, will solely invest in solana (SOL). The CEO of Grayscale said that investors are increasingly...
Galaxy Digital Plans to Raise $500 Million in Debt Market to ‘Accelerate Growth Initiatives’
30.11.2021
Galaxy Digital Holdings Ltd. has revealed the firm is looking to raise $500 million in an exchangeable senior note offering. The investment company, founded by billionaire investor Mike Novogratz in January 2018, aims to use the funds to “accelerate growth initiatives across its business...
Finance Committee Approves Legislation Delaying Crypto Tax in South Korea
30.11.2021
Changes meant to postpone the introduction of a tax on virtual assets such as cryptocurrencies in South Korea have been approved by an important parliamentary committee. The draft legislation seeks to delay Seoul’s plan to impose a 20-percent levy on gains from crypto transactions. Ahead...
Fed Chair on Higher & Not Transitory Inflation, Yellen On Stablecoins + More News
30.11.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Fed Chair on Higher & Not Transitory Inflation, Yellen On Stablecoins + More News
Report: Nigerian Fintechs Account for Nearly 91% of $417.5 Million Raised by Tech Startups in the Country
30.11.2021
According to an analysis of the $417.5 million that was raised by Nigerian tech startups during the first nine months of 2021, fintech firms accounted for about $379 million or 90.78% of the total. Nigerian Fintechs Dominate the African Continent Nigerian fintechs currently account for more than...
Singaporean crypto exchange enters India amid regulatory uncertainty
29.11.2021
Singapore's Coinstore crypto exchange has allotted $20 million for opening up three new offices in the Indian market
Report Shows Ethereum, Litecoin, Solana ETPs Outperformed Bitcoin Investment Products in November
28.11.2021
Cryptocompare, the firm that provides institutional and retail investors with real-time and historical cryptocurrency data, has published the firm’s November 2021 Digital Asset Management Review. The report covers crypto exchange-traded products (ETPs), and recent findings show alternative...
6 Questions for Lyn Alden Schwartzer of Lyn Alden Investment Strategy
28.11.2021
Grayscale Report Sees Metaverse as Potential $1 Trillion Business Opportunity
27.11.2021
Grayscale, a leading cryptocurrency asset manager, seems to have set its gaze on the metaverse as a business opportunity. Yesterday the company released a report where it examined the feasibility of this interconnected virtual world and how these economies can provide a profitable entry...
Binance CEO Says He and Warren Buffett Use Similar Investment Strategy but Doubts Buffett Has Skills to Keep Crypto Safe
27.11.2021
The CEO of cryptocurrency exchange Binance says that he and Berkshire Hathaway CEO Warren Buffett share a similar investment strategy. However, he said he would not convince the Oracle of Omaha to invest in cryptocurrency. “I get worried if he uses crypto. He may not have the necessary...
JPMorgan CEO Jamie Dimon Warns People to Be Careful When Investing in Crypto Citing ‘No Intrinsic Value’
26.11.2021
The CEO of global investment bank JPMorgan has warned investors about investing in cryptocurrency. “Cryptocurrency has no intrinsic value. You are basically buying a token,” he said. “I would be very careful.” JPMorgan Boss Jamie Dimon Warns About Investing in Crypto...
LBank Exchange Will List Dexioprotocol (DEXI) on November 27, 2021
25.11.2021
PRESS RELEASE. INTERNET CITY, DUBAI, Nov. 25, 2021 – LBank Exchange, a global digital asset trading platform, will list Dexioprotocol (DEXI) token on November 27, 2021. For all users of LBank Exchange, the DEXI/USDT trading pair will be officially available for trading at 23:00 (UTC+8)...
BlockFi Ends Fee Withdrawals, 'NFT' is Word of the Year + More News
25.11.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: BlockFi Ends Fee Withdrawals, 'NFT' is Word of the Year + More News
EY Survey Finds 1 in 4 Hedge Funds to Increase Crypto Exposure Next Year
25.11.2021
EY, one of the big four consulting and auditing firms in the world, found that one in four hedge funds are expecting to increase their crypto exposure for the next year. The 2021 EY Global Alternative Fund Survey describes that alternative fund managers are slowly taking a stable place in...
Ripple Partners With Republic of Palau, 74 Japanese Firms to Issue a Digital Yen + More News
24.11.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Ripple Partners With Republic of Palau, 74 Japanese Firms to Issue a Digital Yen + More News
Socialite Paris Hilton Backs $20 Million Strategic Investment in NFT Protocol Origyn
24.11.2021
The non-fungible token (NFT) project the Origyn Foundation announced on Tuesday the team received a strategic investment of $20 million from a myriad of investors. Hilton hotel heiress Paris Hilton participated in the funding round alongside firms like Polychain Capital and Table Management. Origyn...
Founder of Africa-Focused Media Firm Urges Continent’s Governments to Embrace Crypto
23.11.2021
The founder of Africa-focused media and investment company Footprint to Africa, Osita Oparaugo, has urged governments on the continent to embrace cryptocurrency. Africa Must Not Be Left Behind Osita Oparaugo, founder of Footprint to Africa, has argued that a timely embrace of cryptocurrencies...
IMF Warns El Salvador, India's Crypto Soap Opera, Brazil's CBDC Pilot + More News
23.11.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: IMF Warns El Salvador, India's Crypto Soap Opera, Brazil's CBDC Pilot + More News