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Facebook Launches USD 50M Investment In Metaverse Research, Partnerships
28.9.2021
opener noreferrer" href="https://cryptonews.com/exclusives/what-is-the-metaverse-a-high-tech-plan-to-facebookify-the-wo-11437.htm">strategy to become “a metaverse company,” functioning in an “embodied internet” that blends real and virtual worlds to an unprecedented extent.Earlier this ye
Skybridge Capital’s Scaramucci on Crypto Boom: ‘The Institutions Are Not There’
28.9.2021
Anthony Scaramucci, CEO of Skybridge Capital, a multi-asset class investment firm, says he thinks the institutional investment boom in cryptocurrencies has been greatly exaggerated. In an interview given to Bloomberg last week, Scaramucci stated that most institutions are still not interested...
Facebook announces $50M investment fund tasked with developing its virtual metaverse
28.9.2021
Facebook has slated $50 million to be spent over the next two years through its XR Programs and Research fund
Institutional investors bought the dip as China FUD broke
28.9.2021
While institutional Bitcoin products have experienced outflows for 13 of the past 17 weeks, the sector has now seen three straight weeks of inflows
Master Ventures Adds Polker (PKR) to Portfolio as Play-to-Earn Project Gains Traction
27.9.2021
Malta, 27 Sep 2021 – Master Ventures have announced that they have added Polker into their highly regarded investment portfolio. The decision from Master Ventures to invest in the Polker comes as the platform prepares to launch its beta play-to-earn game to the public after a hugely...
LD Capital Establishes $50M FOF for Supporting High-Quality Blockchain Funds Worldwide Including 1kx
25.9.2021
PRESS RELEASE. LD Capital announced it established a 50 million US dollars FOF towards supporting high-quality blockchain funds worldwide. Besides the financial support, hundreds of the projects invested by LD Capital will be shared as resources to the participated funds with post-investment...
Morgan Stanley’s Executive Likens Bitcoin’s Resilience to Kenny Who Dies in Every South Park Episode
25.9.2021
Morgan Stanley Investment Management’s Dennis Lynch, says that bitcoin’s resilience is like Kenny from the popular TV series South Park. In almost every episode, Kenny comically died but always came back, just like how bitcoin bounces back every time after a bear market. Bitcoin...
Bank of Russia Lists Crypto Companies Among Financial Pyramids
24.9.2021
The Central Bank of Russia has recently expanded its database of financial market players suspected of illicit activities. Several crypto companies have been added to the list along with entities bearing signs of Ponzi schemes, as well as illegal credit organizations and forex dealers. Central Bank...
Banks Not Looking to Create Own DeFi Alternatives – Investment Banker
22.9.2021
Olsen of JPMorgan’s blockchain arm Onyx, said that finding the “right intersection between private and public infrastructure” will be an important job for the bank going forward. This argument would suggest that some private infrastructure will be necessary as major financial institution
High Yields Draw Institutions to DeFi, But Hurdles Remain
22.9.2021
ustry agreed that although a lot of hurdles remain for institutions to embrace DeFi, the potential for yield is drawing interest.According to Andrew Keys, Managing Partner of the crypto-focused investment firm DARMA Capital, it is the fact that investors can earn yields on, for instance, thei
Over USD 800M New Investments, Crypto.com Enters NBA + More News
22.9.2021
ner noreferrer" href="http://cryptonews.com/coins/bitcoin">bitcoin (BTC) exchange-traded fund (ETF), while investment advisory firm Amplify filed for
Top Brazilian investment bank BTG Pactual launches crypto trading app
21.9.2021
Initially supporting BTC and ETH only, BTG Pactual’s new crypto trading platform plans to allow its users to trade a wide range of altcoins
Russian Court Confirms Arrest Warrants for 3 Finiko Founders
20.9.2021
Tatarstan’s highest court has rejected appeals against arrest warrants issued for three co-founders of the notorious Finiko crypto pyramid. The top representatives of the Ponzi scheme, accused of large-scale fraud in Russia, are still hiding abroad, media reports reveal. Three Finiko Ponzi...
Mister DeepFuckingValue's Former Workplace Fined Over His Meme Stock Conduct
20.9.2021
The last we saw of DeepFucking Value, aka Roaring Kitty, aka Keith Gill, he was giving testimony to Congress and standing accused of market manipulation over his part in hyping up GameStop stocks earlier this year. Now his former employer, MassMutual, has been fined over Gill’s conduct while...
Directors of Collapsed South African Crypto Investment Firm to Testify via Virtual Platform
19.9.2021
Ameer and Raees Cajee, the two directors of the South African crypto-investment platform, Africrypt, are set to participate in an inquest that seeks to seal the fate of the collapsed firm. The Death Threats According to an Itweb report, the Cajee brothers — who have agreed to testify...
Avalanche Pulls Down $230 Million Investment Led by Polychain and Three Arrows Capital
17.9.2021
Avalanche, a smart contract-enabled cryptocurrency, has received a $230 million investment from a group of VC companies. The funding round, which is being described as a private sale, was led by Polychain and Three Arrows Capital, with the participation of other companies. This investment will give...
Multimillion-dollar investment rounds spark rallies in Avalanche and Audius
16.9.2021
Increased use of cross-chain bridges and sizeable investments from a variety of venture capital firms are boosting the price of AVAX, CELR and AUDIO
Ark Invest’s Cathie Wood Doubles Down on $500K Bitcoin Prediction, Discusses Crypto Regulation
15.9.2021
Ark Investment Management CEO Cathie Wood expects the price of bitcoin to be more than $500,000 in five years’ time, which is over 10 times what it is today. She also shared her view on cryptocurrency regulation and Coinbase’s trouble with the U.S. Securities and Exchange Commission...
Global Investment Bank Morgan Stanley Launches Dedicated Cryptocurrency Research Team
15.9.2021
Global investment bank Morgan Stanley is establishing a new cryptocurrency research team. “The launch of dedicated crypto research is in recognition of the growing significance of cryptocurrencies and other digital assets in global markets,” the bank said. Morgan Stanley Sets Up...
Huobi Ventures launches $10M fund for early-stage GameFi investment
14.9.2021
Developers continue to find new ways to combine digital assets and gaming, and investors are taking notice