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Investment Giant KKR Puts Portion of Private Equity Fund on Avalanche Blockchain
13.9.2022
American investment firm KKR has made its Health Care Strategic Growth Fund available on the Avalanche blockchain
Financial Giant State Street Sees Unwaning Crypto Demand From Institutional Investors
13.9.2022
Investment management firm State Street says that institutional clients are not deterred from investing in crypto assets despite price declines. “There is a belief that the asset class is here to stay,” a State Street executive said. State Street on Institutional Demand for Crypto...
Crypto insurance a ‘sleeping giant’ with only 1% of investments covered
12.9.2022
With over $2 billion lost in decentralized finance this year, there exists a huge market opportunity for crypto insurance providers, according to an executive
Russia’s Tech Giant Rostec to Test Digital Asset Payments in International Trade
12.9.2022
Russia’s leading technology company, Rostec, is working on a project to integrate digital assets into cross-border trade. The state-owned corporation says the market is interested in cryptocurrency payments which can reduce sanctions pressure on Russian exporters and importers. Rostec Eyes...
Crypto E-Commerce – Shopping․io Introduces $SHOP Back
9.9.2022
PRESS RELEASE. Crypto E-commerce giant, Shopping.io is streamlining its operations. On September 9th 2022, Shopping.io will be airdropping its new native utility token – $SHOP to the holders of $SPI and $GSPI. To celebrate the launch, Shopping.io is hosting multiple events offering major...
Investment Management Giant Franklin Templeton to Offer Digital Asset Strategies to Wealth Managers
8.9.2022
Introduced in partnership with crypto-focused Eaglebrook Advisors, the platform will be available for U.S. investors in mid-October
Apple Shielded From Crypto Wallet App Lawsuit, Judge Rules
8.9.2022
A federal judge in California has ruled that Apple Inc. is shielded from the “Toast Plus” class action lawsuit where a fake crypto wallet app was available in the Apple App Store. A customer sued the tech giant after downloading the fraudulent app and lost some crypto. Apple...
DeFi Giant Aave Stops Loaning Ether Ahead of Ethereum Merge
6.9.2022
The Aave community is worried that users may increasingly borrow ether ahead of the Merge, exposing the protocol to liquidity issues and injecting volatility into Lido's staked ether market
BlackRock to Use Kraken Subsidiary for Crypto Offering
2.9.2022
The moves come just after BlackRock launched a private bitcoin trust
LG to Launch Crypto Wallet Wallypto Later This Year
2.9.2022
LG, the South Korean electronics giant, is currently developing a cryptocurrency wallet app that will be launched later this year. The wallet, called Wallypto, will be part of a new business phase for the company, which recently abandoned its mobile hardware business and pivoted to software...
Social Media Giant Snap Disbands Web3 Team Amid Mass Layoffs
1.9.2022
The company, which reported its lowest growth numbers in five years in the second quarter, will lay off a fifth of its staff
Tech giant Meitu loses over $43M of its crypto investment in bear market
1.9.2022
Meitu was one among many public companies that purchased Bitcoin to hold as a treasury reserve during the peak of the bull run last year and now joins the list of companies that have suffered heavily due to the bear market
Elon Musk Outlines New Reasons to End Twitter Deal Citing Whistleblower
1.9.2022
Tesla CEO Elon Musk has outlined new reasons to terminate the $44 billion deal to buy Twitter in a new filing with the U.S. Securities and Exchange Commission (SEC). Citing a whistleblower report, Musk’s lawyer said the allegations, known to the social media giant but undisclosed to Musk...
Mad Money’s Jim Cramer Recommends Avoiding Crypto, Other Speculative Investments
1.9.2022
The host of Mad Money, Jim Cramer, has advised investors to avoid cryptocurrency and other speculative investments. “Don’t get memed. Don’t get SPAC’d. Don’t get crypto’d,” Cramer stressed, warning of “a giant washout of all things that...
Ticket Marketplace Giant Ticketmaster Chooses Flow Blockchain for NFT Push
31.8.2022
This week, Ticketmaster Entertainment, Inc. revealed the company will give event organizers the ability to mint non-fungible token (NFT) tickets via the Flow blockchain. Last November, Ticketmaster said it was working with Polygon but since Super Bowl LVI, the ticket sales and distribution behemoth...
Indonesian e-commerce giant buys local crypto exchange for $8 million
30.8.2022
By acquiring PT Kripto Maksima Koin, the tech giant pursues a goal to become "a diverse money management hub."
South Korean Telecoms Giant LGU+ Moves Deeper into NFT Space
29.8.2022
LGU+, one of South Korea’s biggest telecoms firms, will issue a new batch of non-fungible tokens (NFTs) next month – as it looks to move further into the crypto and blockchain sectors....
Read More: South Korean Telecoms Giant LGU+ Moves Deeper into NFT Space
SEC Probes Twitter Over Spam Accounts — Court Orders the Social Media Giant to Provide Additional Data to Elon Musk
28.8.2022
Twitter Inc. has been ordered to provide additional data relating to spam and bot accounts to Elon Musk. The social media giant has sued the Tesla CEO for terminating his $44 billion offer to buy the social media platform. The U.S. Securities and Exchange Commission (SEC) has also questioned...
Exchange Giant CME’s Bitcoin Futures Just Hit a Huge Discount to Spot Prices
23.8.2022
On Monday, CME's bitcoin futures showed a 3.36% discount, surpassing previous lows of 2.39%
Report: Investment Management Giant Invesco Launches Metaverse Fund
23.8.2022
The investment management giant Invesco has launched a metaverse fund that will invest in a myriad of startups focused on metaverse technology, a Citywire report detailed on Monday. “We will seek to capitalise on these opportunities through a highly selective, valuation-conscious...