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Intel Discloses Holding Coinbase Stake in Filing With SEC
14.8.2021
Computer chip manufacturer Intel Corp. has revealed it holds a stake in the leading U.S. cryptocurrency exchange, Coinbase. The tech giant purchased the shares worth almost $800,000 after the digital asset trading platform went public earlier this year. Intel Acquires Shares of Crypto Exchange...
55% of world's top-100 banks reportedly have crypto and blockchain exposure
12.8.2021
Over half of the 100 largest banks by assets under management are reportedly investors in major crypto and blockchain technology-based companies and projects
Multi-Billion Dollar Wealth Manager Neuberger Berman Adds Exposure to Bitcoin, Ethereum
11.8.2021
The private investment management firm with $402 billion in assets under management (AUM), Neuberger Berman Group LLC, has revealed the company now has active exposure to cryptocurrencies like bitcoin. The multi-billion-dollar asset manager disclosed this information in a Form 497 in order...
Vaneck Files for Bitcoin Futures ETF Following SEC Chair’s BTC Futures Regulation Statements
11.8.2021
Following a number of statements this week from the U.S. Securities and Exchange Commission’s (SEC) Gary Gensler, wealth management firm Vaneck has filed for a bitcoin futures exchange-traded fund (ETF). Vaneck Files for a Bitcoin Futures-Focused Fund Called the Bitcoin Strategy ETF On August...
$400B investment manager Neuberger Berman will allow crypto exposure through commodity-focused fund
11.8.2021
The firm reported the fund had more than $164 million in assets under management as of July 31, roughly 0.04% of its total AUM
Venmo's Cash Back to Crypto, Investment Flows + More News
10.8.2021
Source: Adobe/Игорь Головнёв
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Venmo said it has launched Cash Back to Crypto, a new way for Venmo Credit Card customers...
The $62B Stablecoin Giant Tether Publishes Assurance Report Reviewed by Auditor Moore Cayman
10.8.2021
Tether Limited has released an assurance report reviewed by Moore Cayman, an auditor of investment funds and digital assets. The report provides a breakdown of the company’s assets and reserves which Moore Cayman claims are around $62.7 billion as of June 30. Tether Publishes Assurance Report...
Bitcoin investment products still suffering outflows despite price recovery
10.8.2021
While institutions are still withdrawing capital from Bitcoin investment products, money is flowing into Ethereum and altcoin products
Central Bank Admits: Crypto Will Be Used as an Investment Tool
10.8.2021
South Korea’s central bank, the Bank of Korea (BOK), has issued a surprisingly crypto-friendly report about the role crypto may play in the economy of the nation going forward – and questioning whether bitcoin (BTC) and altcoins could “replace legal currencies” in the years to come.
There were also...
Digital asset exchange Blocktrade concludes $25M investment round
10.8.2021
The company underwent a successful securities offering earlier this year, receiving support from over 6,000 European investors
Brazilian Court Sell $1.1 Million in Bitcoin Seized by Federal Police
9.8.2021
A Brazilian federal court ordered the sale of a bitcoin stash worth $1.1 million. The sale was conducted by the largest regulated exchange in the country, Mercado Bitcoin. The Federal Police seized the bitcoin sold from Tradergroup, a company that allegedly was operating as a Ponzi scheme, under...
Alchemy Pay Drives Crypto Adoption by Bridging Fiat and Crypto Economies
9.8.2021
Digital assets have seen great success as investment tools in recent years, but payment adoption is unfortunately still lagging behind. Alchemy Pay is well on its mission to change this by enabling millions of merchants to accept crypto payments and get paid in their local currency. At the same...
What bear market? Investors throw record cash behind blockchain firms in 2021
8.8.2021
VC investments into crypto over the first six months of 2021 have already more than doubled those witnessed in all previous years combined
Uncollateralized Lending Platform Truefi Raises $12.5 Million From A16z, Alameda and Blocktower
7.8.2021
Truefi, an uncollateralized loan platform, has raised $12.5 million from three important investors. The token sale was led by Blocktower, a New York-based cryptocurrency investment firm. Other important investors were Alameda Research — owned by Sam Bankman-Fried, founder of FTX —...
JPMorgan Quietly Offers 6 Crypto Investments Despite CEO Jamie Dimon’s Anti-Bitcoin Stance
6.8.2021
Global investment bank JPMorgan is now offering six cryptocurrency investment funds to clients despite its CEO, Jamie Dimon, continually advising against investing in bitcoin and other cryptocurrencies. JPMorgan Chase has quietly begun giving its wealth management clients access to...
Social Media Platform Torum Announces Strategic Investment by Huobi Ventures HECO Fund
5.8.2021
PRESS RELEASE. Torum announces strategic investment by Huobi Ventures, the $100 million venture arm of Huobi Group to foster blockchain adoption and ecosystem expansion. 5th August 2021, Kuala Lumpur, Malaysia — On the eve of the project’s 1st year launch anniversary, social media...
Copper.co expands to US market following Alan Howard investment
5.8.2021
Copper.co has raised a total of $84.3 million through funding rounds, with the latest being a Series B investment that helped the company raise $50 million
Two Masterminds in Last Ditch Effort to Stall Liquidation of MTI
4.8.2021
In a last-ditch attempt to stall the sale of Mirror Trading International (MTI) assets, two masterminds of the collapsed bitcoin Ponzi scheme have warned investors that liquidating the investment company will likely result in them being asked to return all withdrawn bitcoins. Opposition to Attempts...
Rothschild’s trust led funding round for Aspen Digital's London expansion
4.8.2021
Aspen Digital aims for the Europe, Asia and Middle Eastern markets, leading the initiative by establishing headquarters in London and Singapore
Polylauncher Wants to Make Angel Investing Accessible to Everyone
3.8.2021
Fundraising has experienced a dramatic change over the past ten years. What was once limited to individuals with a specific acumen, network, and level of capital is now accessible to anyone with an internet connection. New technologies and platforms allow the average retail investor to become...