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Swiss Fintech Launches Country’s First Regulated Crypto Asset Fund


fund tracks the performance of the Crypto Market Index 10 which is administered by the Zurich-based SIX Swiss Exchange. The index follows and measures the performance of the world’s top 10 cryptoassets by market capitalization.“The investment fund enables clients of innovative wealth and asse

Facebook Launches USD 50M Investment In Metaverse Research, Partnerships


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

Bank of Russia Lists Crypto Companies Among Financial Pyramids


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


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


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

Russian Court Confirms Arrest Warrants for 3 Finiko Founders


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


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...

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