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Tether’s $1 Billion Deposit With Britannia Financial Subsidary At Center of Legal Battle in London’s High Court
21.11.2023
Source: Adobe/Jim Tether’s deposit of over $1 billion with a financial services firm has come under scrutiny in London’s High Court. According to a Tuesday report from The Financial Times, Tether’s funds were deposited with a subsidiary of investment bank Britannia Financial...
Top Global Banks Reveal $10.27 Billion in Crypto, XRP Among Top Investment
21.11.2023
Source: Adobe Major global central banks, spanning Europe, North America, and other regions, have revealed a significant investment in crypto, with XRP emerging as a preferred digital asset. According to the Basel Committee on Banking Supervision (BCBS), a global regulatory authority on banks,...
States of Jersey Police Warn Islanders of Crypto Fraud Following a Recent Scam
20.11.2023
Source: Pixabay The States of Jersey Police brought a crypto investment fraud to light that resulted in losses amounting to £700,000 ($873K). Jersey police issued a warning to the islanders to be vigilant about cryptocurrency scams. The British isle issued a cautionary note to residents to be aware...
Today in Crypto: Investor Interest in Crypto Startups is Low in 2023, Credefi Finance Integrates with XRP Ledger
20.11.2023
Source: a video screenshot, XRP Ledger Foundation / YouTube Get your daily, bite-sized digest of crypto and blockchain-related news – investigating the stories flying under the radar of today’s news. __________ Investment news Crypto startups have raised $2.1 billion year-to-date, or nearly...
Republic Plans to Pay Users’ Dividends on Avalanche Blockchain
18.11.2023
Source: Avalanche Next-generation investment and technology firm Republic has announced plans to issue its upcoming digital asset on the Avalanche blockchain network. Called Republic Note, the digital asset will serve as a form of dividend payout for investors who tap into the extensive portfolio...
Tech firm Republic taps Avalanche for profit-sharing investment note
17.11.2023
The blockchain-based investment note is issued on Avalanche and will automatically distribute profits to holders’ wallets
Today in Crypto: Sino-US Bitcoin ASIC War May Be Starting, Neon EVM Testing Alternative Gas Payments
17.11.2023
Source: AdobeStock / William W. Potter Get your daily, bite-sized digest of crypto and blockchain-related news – investigating the stories flying under the radar of today’s news. __________ Mining news We may be witnessing the start of a Sino-US bitcoin silicon war, according to the latest Miner...
South Korea’s National Pension Service Dives Into Crypto With $20M Coinbase Investment
17.11.2023
Regulatory filings with the U.S. Securities and Exchange Commission (SEC) reveal that the National Pension Service of South Korea acquired 282,673 Coinbase Global shares in 2023’s third quarter. This transaction, valued at approximately $20 million, marks the pension fund’s inaugural...
Futu Holdings Subsidiary PantherTrade Seeks Crypto Trading Platform License in Hong Kong
17.11.2023
Source: Pixabay So far six companies, including Panthertrade (Hong Kong) Limited, a subsidiary of Futu Holdings (US: FUTU),have filed for a virtual asset trading platform license in Hong Kong. PantherTrade recently submitted its application, unveiling plans for a platform named...
Meet StocksFC: The Football Stock Market Where Goals Earn You Crypto
17.11.2023
PRESS RELEASE. Amsterdam, Netherlands – StocksFC, the innovative football (soccer) stock market platform that runs on Ethereum, is proud to announce its astounding success since its inception six months ago. In this short span, StocksFC has redefined the sports investment landscape, presenting fans...
JPMorgan Says JPM Coin Could Handle $10 Billion in Daily Transactions Next Year
17.11.2023
Global investment bank JPMorgan expects its digital currency, JPM coin, to “start taking off.” The bank says JPM coin could handle $10 billion in daily transactions in the next year or two, according to its global head of financial institution payments. He emphasized that JPM coin...
CoinShares Gets Greenlight to Buy Valkyrie ETF Arm as It Expands Into North America
16.11.2023
Source: Adobestock Leading European digital asset investment firm CoinShares has announced its strategic acquisition of the Valkyrie Funds, a crypto exchange-traded fund (ETF) subsidiary of US-based Valkyrie Investments. In a press release dated November 16, the CoinShares Group stated it obtained...
Tether plans major expansion into BTC mining with $500M investment: Report
16.11.2023
Tether has ambitions to reach 1% of BTC mining computing power under its new CEO Paolo Ardoino. New facilities in South America will be part of the push
Tether Aims to Invest Half a Billion Dollar in Mining Ventures Over Next Six Months to Become a Top Miner
16.11.2023
Source: Adobe/Jim Tether, the company behind the world’s largest stablecoin USDT, aims to invest half a billion dollars to become one of the world’s leading Bitcoin miners. Paolo Ardoino, the company’s incoming CEO, said in a recent interview that Tether plans to invest...
Today in Crypto: Polkadot Founders Launch a $45 Million Community Project, Bybit Reveals Easy Options Tool, Taurus SA Expands to Dubai
16.11.2023
Source: AdobeStock / NikahGeh Get your daily, bite-sized digest of crypto and blockchain-related news – investigating the stories flying under the radar of today’s news. __________ Investment news Web3 Foundation, whose flagship project is the Polkadot blockchain protocol, announced the launch...
Is Filecoin considered a high-risk investment?
16.11.2023
The world of cryptocurrencies and blockchain technology has fascinated a legion of investors and fanatics worldwide so overwhelmingly that they eagerly await opportunities that can offer them potential enhanced ROI. If you scout for such opportunities online, you will be spoilt for choice as they...
South Korea’s National Pension Fund Bought $20 Million Coinbase Stocks in Q3 2023
16.11.2023
Source: Pexels The National Pension Service of South Korea has acquired approximately 26 billion won ($20 million) worth of Coinbase stocks (COIN). The National Pension Service is South Korea’s largest investment group and the third largest pension fund in the world. The investment group manages...
Protocol Village: Kinetix Gets Strategic Investment to Build on Gnosis
15.11.2023
The latest in blockchain tech upgrades, funding announcements and deals. For the period of Nov. 16-22, with live updates throughout
Gaming Firm Boyaa Interactive to Add Bitcoin and Ether to Balance Sheet With $100M Investment
15.11.2023
Recently disclosed in a regulatory statement, Hong Kong-based Boyaa Interactive International Limited announced its plan to acquire cryptocurrency assets valued at up to $100 million. This publicly listed entity, known for developing and managing online card and board games through its various...
Navigating the Next Wave of Crypto Institutionalization: A Due Diligence Primer
15.11.2023
As FTX showed, operators in digital asset markets need to improve corporate governance standards. Here are the key components as the industry readies for another possible bull run