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South African Crypto Exchange Luno Expanding Globally After Acquisition by Digital Currency Group
10.9.2020
Digital Currency Group has acquired South African cryptocurrency exchange Luno, which has more than five million customers in over 40 countries. The acquisition will help Luno expand globally, including across its existing markets in Africa, Europe, and Asia. DCG Committed to Helping Luno Expand...
Tokenized real estate marketplace launches with $237M in assets
10.9.2020
The platform will allow investment in commercial real estate from as little as $5,000, and liquidity in the form of token-backed loans during the 12-month lockup period
Defi Trader Pockets $250k From Bug Exploit, Hints at Possible Exit Scam by $SYFI Devs
10.9.2020
An anonymous Defi trader says he gained almost $250 000 after inadvertently exploiting a rebase bug embedded in the $SYFI Defi token. The trader, who insists he had no prior knowledge about the bug, got this reward after staking an initial investment of 0.5 ETH or about $175 at current prices. In...
Alameda Research Co-Leads $1.8M Seed Round for DeFi Protocol Linear Finance
9.9.2020
NGC Ventures, Hashed, CMS Holdings, Genesis Block and Kenetic Capital also led the round
NFT market’s RARI token sees 100% gain after CoinFund investment
9.9.2020
NFT marketplace Rarible has received an undisclosed investment from CoinFund amid a transition to community governance
A recap of last week’s ‘DeFi Marathon’ hosted by CT China
9.9.2020
China looks into DeFi
Arca to Gnosis: Show Us a Turnaround Plan or Give Investors’ Money Back
9.9.2020
In addition to wads of cash and the aura of respectability, institutions are bringing Wall Street’s activist investing strategies to crypto markets
Lightning Network-Based Derivatives Exchange Gets Investment from Bitfinex
8.9.2020
LN Markets, the first bitcoin (BTC) derivatives exchange built on top of the Lightning Network (LN), today announced that it has closed its pre-seed funding round, with crypto exchange Bitfinex, bitcoin-focused investment firm Fulgur Ventures, and crypto research and asset management firm Arcane...
Investors Buying Bitcoin Amid Price Slump to Near $10K, Data Shows
7.9.2020
Despite bitcoin shedding over $2,000 in the last few weeks, the "buy the dip" mentality in the market still appears strong
‘Bitcoin Beats Gold on Every Single Measure,’ Says Macro Strategist Raoul Pal
6.9.2020
Global Macro Investor CEO Raoul Pal has explained why he believes bitcoin is better than gold in every way. He proclaims that bitcoin is “the hardest form of money” and “the best reserve asset and best collateral asset ever seen.” Bitcoin Is ‘the World’s Best...
South African Man Charged in U.S. Court for Fraud Involving $28 Million in Bitcoin and Forex
5.9.2020
A South African man has been charged with fraud in the Maryland District Court for allegedly scamming $28 million from over 1,000 investors. Dennis Jali, a former resident of Maryland, targeted church-going African immigrants, promising them guaranteed returns on his supposed bitcoin (BTC)...
US SEC upgrades ‘accredited investors,’ puts financial knowledge first
4.9.2020
The SEC amending its definition of accredited investors could have significant implications for regulated crypto token sales
Major South Korean Crypto Exchange Raided by Police in Alleged $25.2M Fraud Case
3.9.2020
South Korean police raided the country’s largest cryptocurrency exchange, Bithumb on September 2 as part of an investigation of fraud allegedly committed by the organization’s main shareholder. With the recorded number of visitors to the platform touching 4.11 million between May...
Kazakhstan on track for $700M crypto mining investment goal, says minister
2.9.2020
A Kazakh minister claimed that there are already preliminary agreements on attracting more than $700 investment for cryptocurrency mining
Warren Buffett Shifts Funds From US Amid Inflation Fears, Bitcoin’s New All-Time High Expected
1.9.2020
Warren Buffett has made another major investment shift, one that reduces Berkshire Hathaway’s dependence on the U.S. economy. This news followed the Federal Reserve’s policy announcement to “push up inflation,” which is seen as bullish for bitcoin, with some predicting that...
Leading Stock Exchanges in Switzerland, Germany, Austria Now List Bitcoin ETP
1.9.2020
A bitcoin exchange-traded product by 21Shares is now listed on leading stock exchanges in three countries: Switzerland, Germany, and Austria. The company offers 11 cryptocurrency exchange-traded investment products in total. Growing Number of Stock Exchanges List Bitcoin Products Zug-based 21Shares...
DCG to Invest $100M in Bitcoin Mining Venture
27.8.2020
Blockchain investment firm Digital Currency Group has branched into the bitcoin mining industry though a subsidiary called Foundry
Pulling the rug: DeFi investment hype fuels rise in crypto exit scams
24.8.2020
Rogue actors are swarming Uniswap with fake tokens designed to capitalize on the growing DeFi hype to defraud investors
Bitcoin Miner Layer1 Overstated Industry Vet’s Involvement in $50M Series A Pitch
24.8.2020
Peter Thiel-backed Layer1 told potential investors in a recent pitch deck that bitcoin miner maker Canaan’s co-founder Liu Xiangfu joined its team as a key executive – except that’s not what Liu says
Has Binance Korea Received an Investment Boost?
20.8.2020
Source: Adobe/Negro Elkha (edited by Cryptonews.com)
International crypto exchanges in South Korea are attempting to close the gap on their domestic rivals, with Binance Korea reporting a threefold growth in net capital value since its launch in April.
Per Paxnet, official figures show that that...