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Singapore Myanmar Investco Purchases 800 Mining Rigs, Firm Plans to Offer Mining Services
26.8.2021
On August 24, the investment and management company, Singapore Myanmar Investco Limited (SMI), revealed the company is entering the bitcoin mining industry as it has ordered 800 mining rigs to be delivered to Southeast Asia. The move follows a number of firms pivoting toward digital currency...
Barrett Wissman Named Chief Investment Advisor of APENFT Foundation
26.8.2021
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
Singapore, Singapore, 26th August, 2021,
APENFT, the premier foundation, and fund for the collection of top-tier NFTs, has announced the appointment of Barrett Wissman as its Chief Investment Advisor. APENFT’s...
The Zort Platform and Its Native ZORT Coin Look to Revolutionize Crypto Investing
26.8.2021
Right now, there’s renewed global interest in cryptocurrencies as investment vehicles. That has a lot to do with the lengthy bull run the market has seen of late. And the addition of multiple DeFi investing platforms over the past year has helped, too. But for all of the attention...
Rich Dad Poor Dad’s Robert Kiyosaki Says Bitcoin Is the Investment With ‘the Greatest Upside’
26.8.2021
Rich Dad Poor Dad author Robert Kiyosaki says “Bitcoin has the greatest upside.” He also revealed that he invests in the cryptocurrency because he does not trust “our leaders, the Fed, Treasury, nor the stock market.” Robert Kiyosaki Reveals Why He Buys Bitcoin, Says...
UK Regulator FCA Says Crypto Exchange Binance Has Complied With Its June Requirements
26.8.2021
The U.K. financial regulator, the Financial Conduct Authority (FCA), has announced that cryptocurrency exchange Binance has complied with the requirements it imposed on the company in June. The FCA further clarified that while Binance is allowed to provide some investment services, it is...
Galaxy Digital partners with Alerian to launch eight crypto indexes
25.8.2021
Galaxy Digital and Alerian announced the launch of eight passive crypto indexes that are rebalanced monthly and weighted equally
DeFine Receives Investment From Tron Foundation
24.8.2021
DeFine finally announced receiving a substantial investment from the Tron Foundation. The funds shall be put to use in the development of products, expansion of the NFT-based multi-chain ecosystem, and deep exploration of the Metaverse and NFT-Fi, according to Tron forecast reports. Through...
Institutional investors bet big on Solana while BTC outflows persist
24.8.2021
Solana represented one-third of total inflows to institutional crypto investment products this past week
Unstable Bitcoin price to pivot investment flow to gold, mining chief says
20.8.2021
Evolution Mining’s executive chairman said gold and Bitcoin could coexist, but the latter is not yet mature enough to deliver the established safe haven assurance of the latter
American investors inclined to buy crypto with credit card, new study reveals
20.8.2021
Out of the 1,000 respondents, 21% plan to take on consumer debt for buying cryptocurrency while more than 20% have decided to use either their bank savings or refinancing homes
Bitpanda Raises $263 Million in Series C Finance Round, Firm Aims to ‘Double Down on Technology’
18.8.2021
Vienna-based crypto platform Bitpanda has announced the firm has secured $263 million in a Series C funding round. The financing was led by Valar Ventures and Leadblock Partners, Jump Capital, Alan Howard, and Redo Ventures joined the investment round. The latest financing gives Bitpanda an overall...
Robinhood shareholders want crypto wallets and a hat
18.8.2021
Currently, users of popular stock and digital currency trading app Robinhood users can't move their crypto off the platform
Australian regulator issues warning about unlicensed crypto businesses
18.8.2021
Based on the reports from Aussie investors, ASIC said that citizens have suffered significant losses due to “excessive leverage, platform outages, or unfair liquidations.”
Kenyans Cautioned Against Investing in BTC Company Promising Returns of 400% in Six Hours
18.8.2021
A Kenyan regulator, the Capital Markets Authority (CMA), has cautioned investors and Kenyan citizens against investing with Fxbitinvest, a bitcoin trading company. The warning was issued after the regulator noted Fxbitinvest’s use of exaggerated return-on-investment promises to lure...
Charles Schwab Strategist Skeptical of Crypto — Puts Faith in Banking System, Federal Reserve
18.8.2021
Charles Schwab’s chief investment strategist says she puts faith in the entire U.S. financial system, the banking system, the power of the central bank, and the Federal Reserve more than bitcoin. Charles Schwab’s Strategist Skeptical of Cryptocurrency Charles Schwab Chief Investment...
Crypto ‘here to stay’ but its role is unclear, Columbia’s Kim Lew says
17.8.2021
Columbia University isn't quite ready to jump headling into crypto, but those in charge of its endowment are definitely following the industry's development
Spanish officials issue warning on Huobi and Bybit crypto exchanges
17.8.2021
The National Securities Market Commission in Spain issued warnings on 11 entities for not being registered for investment services
Homeowners Offered Crypto-Backed Loans to Finance Home Improvement Projects
15.8.2021
As buying a home is by itself a serious investment, homeowners often lack the cash to fund further improvements to their property. While traditional bank loans are not as easily available, a new partnership now offers crypto holders to use their digital assets as collateral and instantly borrow...
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