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EU entrusts $30M to new blockchain and digital assets fund
29.7.2021
The European Investment Fund invested $30 million in a new $120 million blockchain and digital assets fund, highlighting the sector’s “strategic importance” for the EU
EU-backed Fund Teases ‘Digital Asset’ Investment Drive in a Surprise Move
29.7.2021
A fund that is backed by EU bodies such as the European Investment Bank (EIB) and the European Commission is set to back a project “specializing in blockchain technologies” that will “invest in traditional equity as well as software tokens and other digital assets.”
In a press release from...
Paypal Plans to Study Transactions That Fund Extremism, Anti-Government Groups
28.7.2021
The payment processing giant Paypal has revealed it has partnered with the nonprofit organization the Anti-Defamation League (ADL). According to the announcement, Paypal is researching transactions settled on the payment network that allegedly fund hate groups and extremism. Paypal to Study...
Relief Fund Has a Difficult Time Cashing Out the $1B Worth of SHIB Vitalik Buterin Donated
28.7.2021
In mid-May, the co-founder of Ethereum, Vitalik Buterin, donated $1 billion worth of shiba inu (SHIB) tokens to India’s Crypto Covid Relief Fund (CCRF). Close to three months later, the CCRF organizers say they have been having issues cashing out the SHIB tokens and so far, only $20 million...
Buterin’s $1B SHIB donation tricky to cash out, says fund manager
28.7.2021
Realizing Vitalik Buterin's $1 billion donation in Shiba Inu coins to the Covid Crypto Relief Fund in India has turned out to be a labyrinthine process for the fund's creator
US Bitcoin miner Stronghold files for $100M IPO to fund massive expansion
28.7.2021
Sustainably focused and vertically integrated Bitcoin mining company Stronghold Digital Mining has filed for a $100 million initial public offering with the United States Securities and Exchange Commission
IMF Warns Against Adopting Crypto Assets Like Bitcoin as Legal Tender
28.7.2021
The International Monetary Fund (IMF) has warned against adopting cryptocurrencies, like bitcoin, as legal tender. Noting numerous risks and costs involved, the IMF does not see crypto assets catching on as a national currency. IMF Warns of Risks in Adopting Cryptocurrencies as National Currency...
Goldman Sachs Files Defi ETF Application
27.7.2021
Goldman Sachs, one of the biggest banking institutions in the world, has filed an application to offer an Exchange Traded Fund (ETF) linked to the performance of decentralized finance (defi) companies. The instrument, if approved, would help institutions and retail investors gain exposure to defi...
Goldman Sach's new 'DeFi' ETF is anything but
27.7.2021
Goldman Sachs has filed for a “DeFi” ETF that will track major stocks including Nokia, Google, and Fujitsu
Binance Smart Chain Creates a $10 Million Bug Bounty Fund to Tighten Protocol Security
26.7.2021
The Binance Smart Chain has launched a $10 million bug bounty fund for projects building on top of the protocol, called “Priority One.” The initiative aims to keep the blockchain network secure by encouraging bug bounty hunters and ethical hackers. Binance Smart Chain Reveals...
World's Biggest Listed Hedge Fund Firm Chief Makes Bitcoin Noob Mistakes Too
26.7.2021
Luke Ellis. Source: A video screenshot, Youtube/Bloomberg Markets and Finance
The Cryptoverse is seeing yet another traditional financial boss making the very same greenhorn Bitcoin (BTC) mistakes that had been debated and debunked numerous times before, continuing the cycle of misinformation....
Cryptocurrency is ‘pure trading instrument,’ hedge fund CEO says
26.7.2021
Hedge funds are adopting crypto investments, but one asset manager says it is all a speculative play
$10B asset manager registers new Bitcoin fund with SEC
24.7.2021
Stone Ridge Asset Management, the parent company of New York Digital Investment Group, or NYDIG, has been actively pursuing new investment vehicles for Bitcoin. On Friday, Stone Ridge's open-end mutual fund revealed a new Bitcoin-focused investment strategy
After Barclays and Santander, UK Bank Natwest Blocks Payments to Binance
24.7.2021
A major high street bank in the U.K., Natwest, has blocked payments to crypto exchange Binance. Natwest’s decision came after two other major British banks — Barclays and Santander — made a similar move to block fund transfers to Binance. The banks acted in response to a warning...
DeFi industry draws in commercial banks? Siam bets with $110M fund
24.7.2021
Thailand’s oldest bank sees blockchain and DeFi as the future of global finance and is seeking to invest in the emerging digital landscape
JPMorgan will reportedly give retail wealth clients access to crypto funds
22.7.2021
Advisors at the banking giant are reportedly only allowed to can execute crypto trades at the direct request of a client rather than recommending the products themselves
Fund management firm Global X files with SEC for Bitcoin ETF
22.7.2021
As Bitcoin hovers around $30,000, fund managers are pressing ahead in an effort to get the first American Bitcoin ETF approved
CoinFund debuts $83M crypto startup fund
20.7.2021
“Blockchain-based networks will be distributed to billions of people globally through digital wallets,” said CoinFund CIO Alex Felix. “We’ve consistently positioned early in three core areas: verticals with early traction, the technology innovations that come next and the infrastructure on which...
ROSA Finance Builds The First Decentralized Pension Fund
20.7.2021
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
ROSA FINANCE is making use of public blockchain technologies to build up a retirement and savings solution focused on transparency, security, self-custody, and decentralization.
Intermediaries have plagued...
Investment Advisor Says Bitcoin Is ‘Very Dangerous to Hold Today’ Citing Warnings by Regulators
20.7.2021
Investment advisor and former Prudent Bear Fund manager David Tice has warned about investing in bitcoin. Citing “negative statements” by central bankers and regulators, such as the Bank of England, he said that it is “very dangerous to hold” bitcoin today. Investment...