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Bitcoin security still a concern for some institutional investors
21.7.2021
Security of cryptocurrency custodial services is still among significant hurdles preventing institutional investors from buying crypto for the first time, new data suggests
MTI Investors Urged to Ignore Fake Bitcoin Recovery Offers
21.7.2021
Beleaguered Mirror Trading International (MTI) investors have been told to ignore unsolicited offers from individuals claiming to have the ability to trace and recover their missing bitcoins. This warning from the court-appointed liquidators was made after reports emerged that several MTI investors...
FTX Confirms Its Mega Raise As Investors Bet on Crypto Future
20.7.2021
Sam Bankman-Fried, CEO of FTX. Source: A video screenshot, Youtube/FTX Official
As expected, two-year-old major crypto derivatives exchange FTX was valued almost 20 times more in a recent investment round, one of the largest raises in the crypto industry.
The operator of the exchange, FTX Trading...
Blockfi Ordered to Stop Offering Interest-Bearing Crypto Accounts in New Jersey
20.7.2021
On July 19, the CEO of the crypto financial services firm Blockfi, Zac Prince, told the public that the New Jersey Bureau of Securities has told the company to “stop accepting new BIA clients residing in New Jersey beginning July 22, 2021.” New Jersey’s acting attorney general...
Social NFT platform DeFine raises $5M from Asian investors
20.7.2021
The market for nonfungible tokens, or NFTs, appears to be growing in Asia. Several companies and venture funds have backed DeFine in its quest to bring NFTs to mainstream audiences
Majority of Institutions to Hold Digital Assets in Near Future, Survey Suggests
20.7.2021
Most institutional investors look forward to adding digital assets to their portfolios, in spite of concerns over crypto market volatility. More than half of the respondents in a new survey conducted by Fidelity’s crypto subsidiary have revealed they already have digital asset investments....
Pre-Crash Survey: 70% Of Institutional Investors Considered Buying Crypto
20.7.2021
Before the crypto market started its downturn in April this year, around 70% of surveyed global institutional investors planned to buy cryptoassets eventually.
Also, more than 50% of the 1,100 investors surveyed by Coalition Greenwich on behalf of Fidelity Digital Assets, a crypto-focused arm...
Majority of institutional investors ready to buy digital assets, study says
20.7.2021
A new study found that institutional investors’ appetite for digital assets, including cryptocurrencies, is growing
Investors Are Still Free To Use Binance, Says Polish Regulator
16.7.2021
Source: a screenshot, Instagram/binance
After warning local investors about Binance last week, Poland’s Financial Supervision Authority (KNF) reminds that they are still free to decide whether to use this platform. As it does not supervise crypto exchanges in Poland, the authority only reacts...
Success in DEX? Fast-growing crypto exchanges may hurt DeFi investors
16.7.2021
As DEXs continue to accrue billions of dollars in TVL within days of their launch, some question whether they are manipulating their numbers
Lithuania Issues Warning to Binance, Warns Investors Crypto Services Are Not Regulated
16.7.2021
Binance’s regulatory troubles continue with Lithuania being the latest country to issue a warning about the cryptocurrency exchange. Lithuania’s announcement came one day after Italy issued a similar warning. Lithuania Warns Binance Lithuania’s central bank announced Friday that...
Brazil Approves First Latam Based Ethereum ETF
16.7.2021
Regulators from the CVM, the securities watchdog of Brazil, have approved the first Ethereum-based ETF in Latin America (Latam). The product, presented by blockchain investment company QR Asset, aims to simplify the task of getting Ether exposure for retail and institutional investors. It will...
UK's FCA Targets Young Crypto Investors, DeFi Hacks + More News
15.7.2021
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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Investment news
The UK Financial Conduct Authority (FCA) has created a GBP 11m (USD 15.3m) digital marketing campaign to warn its younger...
BlackRock CEO signals low demand for crypto from long-term investors
14.7.2021
“We see very little in terms of investor demand” for crypto, BlackRock CEO said
Japanese Police Arrest 4 Men Allegedly Behind $55 Million Crypto Investment Scheme
14.7.2021
Four alleged masterminds of the “Oz Project” have been arrested after duping investors across Japan for at least four years. According to investigators, the scheme raked in $55 million from about 20,000 investors, promising 2.5 times returns in four months. Police in Aichi Prefecture...
FTX crypto exchange integrates institutional trading tool ClearLoop
13.7.2021
FTX has inked a deal with Copper that could enable access to crypto trading products for over 300 institutional asset managers via the ClearLoop settlement platform
Social NFT Project Nifty’s Raises $10M, Partners With Entertainment Giant Warner Bros
12.7.2021
The Miami-based Nifty’s, Inc. announced the launch of the project’s website which aims to reveal a non-fungible token (NFT) social platform focused on gathering mainstream attention. The company has also revealed it raised $10 million in a seed round from well-known investors like...
Fidelity to hire more crypto hands amid growing institutional interest
12.7.2021
Fidelity Digital is planning to hire 100 more people for its crypto business to service the growing needs of institutional investors
Fidelity In Hiring Spree As Investors Eye Cryptoassets Beyond Bitcoin
12.7.2021
Source: Fidelity, Instagram
Fidelity Digital Assets (FDA), a crypto-focused arm of US-based mutual fund giant Fidelity Investments, aims to add about 100 workers, increasing its headcount by around 70%, as institutional investors are increasingly interested in cryptoassets beyond bitcoin (BTC)....
Capital International Buys Nearly 1 Million Shares of Bitcoin-Focused Microstrategy
12.7.2021
Major asset management firm Capital International has gained exposure to bitcoin through investing in almost 1 million shares of Microstrategy which now holds more than 100K bitcoins. Capital International Investors (CII) informed the SEC in a filing dated July 12 that it has purchased shares...