Search
Russia Drafting Law on Confiscation of Crypto Assets
8.7.2021
Russian Prosecutor General Igor Krasnov has revealed that legislative amendments are being prepared on the confiscation of crypto assets. “A serious challenge is the criminal use of cryptocurrencies in our country,” he said. Russia is preparing amendments to the current legislation...
82% of Institutional Investors Plan to Increase Cryptocurrency Exposure: Survey
8.7.2021
A survey by Nickel Digital Asset Management shows that 82% of institutional investors and wealth managers are planning to increase their cryptocurrency exposure between now and 2023. The survey reportedly asked institutional investors and wealth managers from the U.S., U.K., France, Germany,...
Allied Payment Network Embeds Bitcoin Service, Will Hold BTC in Corporate Treasury
7.7.2021
Payment service provider Allied Payment Network has partnered with New York Digital Investment Group, the bitcoin subsidiary of $10 billion asset manager Stone Ridge. Financial institutions using Allied’s platform will be able to offer their customers the option to buy, sell, and hold...
DeFi on Solana: Solrise raises $3.4M for non-custodial asset management
6.7.2021
Solrise Finance is a DeFi protocol designed to support managed portfolios on the Solana network. The platform allows investors to allocate capital across several actively managed funds
248% Weekly Gains — Baby Doge Coin Continues to Rally While Most Crypto Asset Markets Slump
5.7.2021
Four days ago, the crypto community and mainstream audiences caught a whiff of a new meme-based crypto asset called baby doge. The coin got a lot more attention when Tesla’s Elon Musk tweeted about baby doge and almost immediately after the tweet, the asset’s value skyrocketed. Musk...
Meme.com: A Memetic Asset Pool
5.7.2021
Memes are known as the language of the internet, driving attention, conversation, and even revenue. They can be defined as cultural information, usually spread by imitation and sharing over the internet. However, memes have transcended their use as just a way of eliciting a few laughs –...
Crypto asset manager Valkyrie raises $10M in Series A round
4.7.2021
A diverse cross-section of investors from the crypto sector participated in the raise, including Litecoin founder Charlie Lee
Philippine Stock Exchange Eyes Cryptocurrency Trading — Says ‘It’s an Asset Class That We Cannot Ignore Anymore’
4.7.2021
The national stock exchange of the Philippines, the PSE, says cryptocurrency is “an asset class that we cannot ignore anymore.” The stock exchange further says cryptocurrency trading “should be done at the PSE,” given its infrastructure and investor protection safeguards....
Cardano Joins Grayscale Digital Large Cap Fund as Third Biggest Component
3.7.2021
Cardano has been added to Grayscale Investments’ large-cap cryptocurrency fund. It is now the third-largest component of the fund after bitcoin and ether. Grayscale Investments, the world’s largest digital currency asset manager, announced Friday the addition of cardano to its Digital...
Bitcoin Still Commands the 9th Largest Market Capitalization in the World
3.7.2021
Despite the drop in value during the last three months, the leading crypto asset bitcoin is still the ninth most valuable asset in the world in terms of market capitalization. Moreover, bitcoin could flip some of the world’s most valuable assets in the future, as the crypto asset is 67% away...
Bitcoin Blocks Will Soon Be 27% Easier to Find — Miners Brace for the Largest Difficulty Drop in BTC’s Lifetime
3.7.2021
Bitcoin, the leading crypto asset in terms of market capitalization, has seen the cryptocurrency’s network hashrate drop considerably during the last two weeks. On Saturday, July 3, the network’s mining difficulty will see the largest epoch drop in history as the difficulty is set...
Skybridge Capital Launches Ethereum Fund — Ether ETF Filing to Follow
2.7.2021
Asset management firm Skybridge Capital has launched an ethereum fund, CEO Anthony Scaramucci has confirmed. He added that the asset manager will be filing for an ether exchange-traded fund (ETF). Skybridge Capital CEO Anthony Scaramucci revealed in the latest episode of The Scoop, published...
BIS Economist Recommends ‘Technology-Neutral’ Crypto Regulation, Low-Cost Supervision of Decentralized Markets
2.7.2021
An economist with the Bank of International Settlements has found that cryptocurrencies are not sought as an alternative to fiat currencies or regulated finance, therefore a “technology-neutral regulation to this asset class” is recommended. The economist discussed “embedded...
Softbank Invests $200 Million in Brazilian Crypto Trading Platform Mercado Bitcoin
2.7.2021
The multinational conglomerate holding company headquartered in Tokyo, Softbank operates a Latin America Fund that invests in startups focused on identification technology, e-commerce, education, fintech and now cryptocurrency solutions. The Softbank Latin America Fund revealed on Thursday that...
Centre to Expand USDC to Ten More Blockchains; Launches on Tron
1.7.2021
Centre, the consortium behind the issuance of USD Coin (USDC), announced it will launch the popular asset on 10 more blockchains. This would expand the reach of USDC to other environments and could make it more popular as a commercial and staking currency. While Centre made the announcement only...
Elon Musk Tweet Sends New Baby Doge Coin Soaring — Meme Token’s Daily Gains Jump 228%
1.7.2021
While dogecoin and the ERC20 token shiba inu have surprised the masses with phenomenal gains this year, another dog token has entered the fray. A coin project called “Baby Doge” has risen 228.3% during the last 24 hours and even more so after Tesla’s CEO Elon Musk tweeted about...
Formula 1 Secures Multimillion Crypto Sponsorship Deal
30.6.2021
Formula 1, the international auto racing organization, has found a new sponsor from the crypto industry. The long-term deal will provide a digital asset trading platform with brand presence at F1 events while the car championship hopes that the partnership will allow it to “explore the world...
There Are Now Twice as Many 2021 ‘Bitcoin Deaths’ Compared to 2020’s BTC Obituaries List
30.6.2021
Bitcoin is down in value 45% since the crypto asset’s all-time high (ATH) three months ago and the downward movement has ignited significant speculation about another bear market. Other skeptics believe that bitcoin has died, as the web page that hosts bitcoin obituaries indicates 2021...
British Bank Natwest Imposes Daily Limit on Transfers to Cryptocurrency Exchanges Over Fraud Concerns
30.6.2021
A major British bank, Natwest, has put a limit on fund transfers to cryptocurrency exchanges over concerns of fraud and scams related to cryptocurrencies. The bank is also blocking payments to a number of cryptocurrency asset firms. Natwest says the two moves are necessary to protect customers....
Deutsche Boerse acquires majority ownership of Crypto Finance AG
29.6.2021
The German stock exchange operator plans to expand its regulated crypto-asset ecosystem across the European market