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Investors Still Think Activision CEO Bobby Kotick Makes Too Much Money
9.6.2021
Grass is green, the sky is blue, and Bobby Kotick is still rich. Earlier this year, Activision halved the CEO’s pay and annual bonus target after he spent years pulling in tens of millions of dollars (even after laying off employees), resulting in sustained pressure from investors. A group...
Solana Rallies On USD 314M Investment News
9.6.2021
Anatoly Yakovenko, Founder and CEO of Solana. Source: A video screenshot, Youtube/Solana
Solana (SOL) said it raised USD 314m in order to accelerate the growth of this blockchain platform, fueling a rally in the market.
At 13:09 UTC, SOL, ranked 11th by market capitalization, trades at USD 42.6...
Dash Makes an Investment in Brazilian Startup Venture 88i
9.6.2021
Dash Investment Foundation (DIF), known to be the foremost memberless and ownerless investment fund, recently announced investing R$1.4 million or $250,000 in Brazil’s first online digital insurance firm, 88i Seguradora Digital. Established by Rodrigo Ventura in the year 2018, 88i is an insurance...
Vitalik Buterin has made $4.3M from his $25K investment in Dogecoin … so far
9.6.2021
Vitalik Buterin has recounted how turned $25,000 into $4.3 million in three years by investing in DOGE
Goldman Sachs backs $28M funding round for Blockdaemon
9.6.2021
Goldman Sachs has backed a Series A $28 million funding round for Blockdaemon, and invested $5 million in the blockchain infrastructure firm
Skybridge Capital Says Bitcoin Still Has More Upside Than Gold
8.6.2021
The chief investment officer of global investment firm Skybridge Capital says bitcoin still has more upside than gold. While expecting both gold and bitcoin to rally, he said his hedge fund is sticking to bitcoin. Asset Manager Skybridge Prefers Bitcoin to Gold Troy Gayeski, co-chief investment...
British Asset Manager Ruffer Bags $1.1 Billion Profit From Bitcoin
8.6.2021
British asset management firm Ruffer reportedly said its bitcoin investment has generated about $1.1 billion in profit. The firm says bitcoin has been “a wonderful store of value” and it is still optimistic about the cryptocurrency in the long term. Ruffer Profits $1.1 Billion From...
Crypto investment platform Coinseed shuts down amid NYAG lawsuit
8.6.2021
Coinseed also created an ERC-20 token whose message is targeted at New York Attorney General Letitia James
White House Tech Advisor Tim Wu Keeps at Least $1 Million in Bitcoin
8.6.2021
Tim Wu, top advisor to the Biden administration on technology and competition policy, holds more than $1 million in cryptocurrency, shows a recently filed financial disclosure. The antitrust expert, who is known as a prominent big tech critic, has in the past questioned the value of bitcoin....
Alternative 401(k) Product Offers In-Plan Cryptocurrency Investment via Coinbase Institutional
8.6.2021
On Monday, the San Francisco-based retirement plan provider for small to medium-sized businesses, Forusall, announced the launch of an alternative 401(k) plan that offers in-plan cryptocurrency access. According to the alt 401(k) investment option, Forusall is working with Coinbase Institutional...
Scammers Pick Bank Transfers Over Cryptocurrency, Australian Report Reveals
8.6.2021
Investment scams have been by far the most common type in Australia recently, a new report by the country’s consumer watchdog has revealed. And while a growing number of Australians fall victim to fraudulent schemes involving cryptocurrency, bank transfers remain the scammers’ favorite...
Record $141M outflow from Bitcoin products signals institutions are bearish on BTC: CoinShares
8.6.2021
Institutional investors withdrew a record $141 million from Bitcoin investment products this past week
Investment product issuer 21Shares will list Bitcoin ETP on Aquis Exchange
7.6.2021
The announcement comes the same day ETC Group’s Bitcoin ETP began trading on the same exchange
Goldman Sachs Survey: Chief Investment Officers Say Bitcoin Is Their Least Favorite Investment
7.6.2021
Investment bank Goldman Sachs recently held two roundtable sessions for chief investment officers of hedge funds. The bank found that they see bitcoin as their least favorite investment. In contrast, the latest Bank of America Fund Manager Survey found that “long bitcoin” was the most...
Square Takes a Swipe at the Bitcoin Energy Debate With $5 Million Solar Mining Investment
6.6.2021
As the conversation about Bitcoin’s energy consumption reaches a fever pitch, Jack Dorsey’s payment provider Square has unveiled plans to fund a sustainable bitcoin mining facility in conjunction with Blockstream. Mining Project to Serve as Scalable Proof of Concept Bitcoin faces...
African Fintech Start-up Chipper Cash Raises $100 Million — CEO Says No Crypto Services for Nigeria
6.6.2021
Chipper Cash, an African fintech firm that specializes in facilitating cross-border payments, recently closed a $100 million Series C funding round. Taking the lead in what is now Chipper Cash‘s third fundraising round in the past twelve months is the venture capital (VC) firm, SVB Capital....
Bitcoin Should Be Treated as a Five to Ten Year Investment - Kraken CEO
4.6.2021
Jesse Powell. Source: A video screenshot, Youtube/Kraken Bitcoin Exchange
Despite the recent sharp correction in the crypto market, Jesse Powell, Co-founder and CEO of major crypto exchange Kraken, still claims that one bitcoin (BTC) will buy you a Lamborghini (starts at USD 200K) by the end of...
Mike Novogratz-backed firm announces $100M crypto investment fund
3.6.2021
Cryptology Asset Group wants to invest $100 million into new crypto and blockchain-focused venture funds
Guggenheim Registers Fund That Allows Bitcoin Exposure After CIO Calls Crypto Tulipmania, Predicts BTC Crash
3.6.2021
Guggenheim has registered a new fund with the U.S. Securities and Exchange Commission (SEC) that could have exposure to cryptocurrencies, particularly bitcoin. The filing came as the asset management firm’s chief investment officer repeatedly made bearish bitcoin predictions, calling...
VC firm Borderless Capital floats $25M blockchain fund in Miami
2.6.2021
The $25 million fund will be used to support Miami-based blockchain startups developing digital payment solutions on the Algorand network