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Soccer Giant AC Milan Seals Sponsorship Deal With Crypto Exchange Bitmex
12.8.2021
Italian soccer club AC Milan and Bitmex have reached a long-term partnership agreement that will put the logo of the cryptocurrency exchange on Milan’s jerseys. As part of the sponsorship deal, Bitmex will become Milan’s ‘official sleeve’ and ‘crypto trading’...
Chilean Peso stablecoin goes live on Stellar Network
12.8.2021
Chilean Peso-pegged stablecoin CLPX launched on Stellar this week, and is hoping to gain traction in the remittance and copper markets
Poly Network Defi Hacker Returns a Large Fraction of Tokens, Chainalysis Evaluates Hacker’s Onchain Movements
12.8.2021
On August 11, the blockchain intelligence firm Chainalysis published its findings on the recent Poly Network hack which saw the loss of approximately $611 million crypto tokens. The assessment from Chainalysis backed up the claims made by the security company called Slowmist that shows the hacker...
Dutch Bitcoin family reveals how they safeguard a fortune in crypto
12.8.2021
Hardware wallets and a range of secure, but unusual locations, is the storage method of choice for this crypto family
Kevin O’Leary Buys More Crypto, Gets Paid in Crypto, Partners With FTX Exchange
12.8.2021
Shark Tank star Kevin O’Leary, aka Mr. Wonderful, is increasing his cryptocurrency allocation. He is also taking an equity stake in the FTX crypto exchange and has signed a multi-year deal to become its ambassador and spokesperson. He will be paid in crypto for his services. Kevin...
SEC Asking for Jurisdiction Over All Crypto Exchanges Is ‘a Blatant Power Grab,’ Says Lawmaker
12.8.2021
U.S. Congressman Patrick McHenry has slammed the U.S. Securities and Exchange Commission (SEC) for asking for jurisdiction over all crypto exchanges, including non-securities ones. He called it “a blatant power grab that will hurt American innovation,” adding, “We don’t need...
Nasdaq-Listed Metromile Invests $1 Million in Bitcoin — Sees Rapid Growth in Global Cryptocurrency Adoption
12.8.2021
The Nasdaq-listed auto insurance company Metromile has purchased $1 million in bitcoin. The company plans to “become the first insurance company to allow policyholders the option to pay for insurance and receive payment for eligible claims in either bitcoin or dollars.” Auto Insurance...
Multi-Billion Dollar Wealth Manager Neuberger Berman Adds Exposure to Bitcoin, Ethereum
11.8.2021
The private investment management firm with $402 billion in assets under management (AUM), Neuberger Berman Group LLC, has revealed the company now has active exposure to cryptocurrencies like bitcoin. The multi-billion-dollar asset manager disclosed this information in a Form 497 in order...
Argentinian MP Calls for Gov’t Mining Answers as Crypto Real Estate Interest Grows
11.8.2021
Crypto is becoming a big deal in Latin America, where an Argentinian MP has demanded crypto policy answers from the government – while interest in crypto-powered real estate rises in the country.
According to Parlamentario, Martín Berhongaray, an MP for the Radical Civic Union Party –...
Coinbase beats earnings estimates as analysts say regulation will ‘stifle’ innovation
11.8.2021
COIN exceeded earnings estimates but analysts caution that blanket crypto-sector regulation will “stifle innovation” and possibly cast a shadow on Coinbase's growth
Will the Real Polygon Please Stand Up — Spammers Wrongly Post Coin Drops on Video Game-Related Feed
11.8.2021
In a strange twist of fate, two companies named Polygon are the source of a storm of confusion on Twitter as a video game community gets a unique introduction to Polygon’s blockchain technology. Crypto Scammers Hit Game-Related Feed Polygon, the rebranded layer 2 blockchain solution...
Crypto market cap returns to $2T for the first time since May
11.8.2021
Bitcoin dominance is falling again as Ether rises and altcoins look to regain momentum
$400B investment manager Neuberger Berman will allow crypto exposure through commodity-focused fund
11.8.2021
The firm reported the fund had more than $164 million in assets under management as of July 31, roughly 0.04% of its total AUM
Prepare For The Freshest Development in The Crypto World With CYCE COIN
11.8.2021
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
Many projects have been carried out on blockchain platforms thanks to the Ethereum infrastructure. However, the vast majority of them are digital initiatives.
The CYCE crypto asset is a new concept meant...
Titan launches actively managed crypto portfolio for US investors
11.8.2021
Titan Crypto is attempting to bring professionally managed crypto portfolios to retail investors. The launch of the new offering coincides with a dramatic price rally for crypto assets
Fitch Warns Spezialfonds & Crypto Market, US Inflation Eases + More News
11.8.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Investments news
The volatile nature of crypto markets will present particular challenges to fund managers that include cryptoassets...
SEC Chair Tells Senator Legislative Priority Should Center on Crypto Trading, Lending, Defi Platforms
11.8.2021
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has written a letter to Senator Elizabeth Warren about crypto regulation. After outlining his concerns and priorities in the crypto sector, he said, “additional authorities” and “more resources...
Crypto leaders are obsessed with life extension. Here’s why
11.8.2021
Measuring success: Offsetting crypto carbon emissions necessary for adoption?
11.8.2021
Crypto companies are doing their best to go green by offsetting Bitcoin carbon emissions, but how accurate are their estimates?
Q2 Earnings Show Coinbase Raked in $2 Billion — Firm Forms Partnerships With Elon Musk, PNC Bank, Spacex
11.8.2021
Coinbase published the company’s shareholder letter on Tuesday which detailed it made over $2 billion in net revenue during the second quarter. The firm said “Q2 was a strong quarter” for Coinbase as it saw both “growth and diversification” this year. While netting...