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Institutional investors bet big on Solana while BTC outflows persist
24.8.2021
Solana represented one-third of total inflows to institutional crypto investment products this past week
55% of world's top-100 banks reportedly have crypto and blockchain exposure
12.8.2021
Over half of the 100 largest banks by assets under management are reportedly investors in major crypto and blockchain technology-based companies and projects
Venmo's Cash Back to Crypto, Investment Flows + More News
10.8.2021
Source: Adobe/Игорь Головнёв
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Adoption news
Venmo said it has launched Cash Back to Crypto, a new way for Venmo Credit Card customers...
Moody's Warns El Salvador, PayPal in Ireland, Crypto Investment Flows + More News
2.8.2021
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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Adoption news
Proclaiming bitcoin (BTC) legal tender reflects El Salvador’s weakened governance and has raised tensions with international...
New Multimillion Crypto Investment Rounds, Binance Withdrawals + More News
28.7.2021
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
Major Bitcoin miner Genesis Digital Assets has announced a USD 125m round of equity funding to purchase equipment...
Vontobel's wealthy clients are interested in crypto, says CEO
28.7.2021
The Swiss bank said some of the firm’s clients are allocating part of their portfolios to crypto
Crypto is an ‘untested asset category,’ says UBS CEO Ralph Hamers
20.7.2021
The UBS chief said the bank continues to urge caution when it comes to crypto exposure for its clients
Bitcoin investment product volumes fall to 38% of YTD average
20.7.2021
Institutional Bitcoin products have recorded outflows for nine of the past ten weeks, suggesting many investors remain bearish
Grayscale Investments Launches Defi Fund — Now Offers 15 Crypto Investment Products
20.7.2021
Grayscale Investments has launched a decentralized finance (defi) fund. The new defi fund is the crypto asset manager’s 15th investment product and its second diversified product. “The emergence of decentralized finance protocols provide clear examples of technologies that can redefine...
'Unprecedented' Alliance Against China, Crypto Investment Flows + More News
19.7.2021
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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Politics news
"An unprecedented group" of allies and partners – including the European Union, the United Kingdom, and NATO –...
Japanese Police Arrest 4 Men Allegedly Behind $55 Million Crypto Investment Scheme
14.7.2021
Four alleged masterminds of the “Oz Project” have been arrested after duping investors across Japan for at least four years. According to investigators, the scheme raked in $55 million from about 20,000 investors, promising 2.5 times returns in four months. Police in Aichi Prefecture...
Institutions cautious as crypto products post weakest volume since October
13.7.2021
Sophisticated investors appear to be spreading their risk across the crypto sector, with multi-asset products beating out BTC and ETH by inflows
UK Watchdog Set to (Re)Target 'Misleading' Crypto Investment Marketing
9.7.2021
The UK’s advertising watchdog Advertising Standards Authority (ASA) is set to take a swing at what it perceives as misleading marketing related to cryptoassets, with a major initiative expected to be launched already this month to take down such ads.
While the watchdog’s focus is said to be...
South Africa Regulator Wants Mirror Trading International to Pay Millions as Penalty For Contravening Financial Sector Law
8.7.2021
A South African regulator, the Financial Sector Conduct Authority (FSCA), has informed key figures behind Mirror Trading International (MTI) that it intends to impose a fine of $7 million against the now-defunct crypto investment company. Contravention of Financial Sector Law According to a July...
$200M hedge fund pauses crypto arbitrage trading amid market downturn
2.7.2021
The hedge fund co-founder says it is keeping its investment powder dry for when the crypto market resumes its parabolic advance
$22B hedge fund Point72 reportedly searching for a “head of crypto”
1.7.2021
Reports suggest that Steve Cohen’s Point72 hedge fund is searching for a “head of crypto” as the firm weighs up its options before entering the crypto market
Russia’s central bank to study crypto investment risks
30.6.2021
The Bank of Russia is collecting data from 15 credit firms and payment systems like Visa and Mastercard
Despite regulatory uncertainty, Indian crypto investment surges 19,900% in one year
28.6.2021
Unperturbed by persistent threats of a renewed crypto crackdown from lawmakers, Indian investors have piled $38.8 billion into cryptocurrency over the past year
Africrypt Directors Deny Allegations They Fleeced Clients as Doubts Over Actual Value Missing Bitcoins Grows
27.6.2021
According to new reports, Raees and Ameer Cajee, the two young directors of the recently collapsed crypto investment firm, Africrypt, have “categorically denied” allegations they fleeced clients. Instead, the brothers insist their company is the victim of a hack while also claiming that...
Africrypt Ponzi Scheme Collapse: South Africa Regulator Says Its ‘Not in a Position to Take Any Regulatory Action’
25.6.2021
Following Africrypt’s collapse, South African regulator, the Financial Sector Conduct Authority (FSCA), released a statement asserting its lack of jurisdiction over cryptocurrencies. Although the regulator says it is “continuing to investigate complaints” against the crypto...