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SEC Charges Crypto Investment Adviser for Publishing Misleading ‘Hypothetical Performance Projections’
22.8.2023
The U.S. Securities and Exchange Commission (SEC) has charged Titan Global Capital Management for publishing misleading “hypothetical performance projections” regarding its crypto investment product. Titan Global is also accused of violating the marketing rule when it advertised...
Momentum Capital Gains $10M Investment to Hunt for Crypto's Next 'Apple'
22.8.2023
San Francisco-based crypto-native fund Momentum Capital has secured an investment of $10 million from Canada's BM Fund.
In a Monday press release, the company revealed that it acquired the new funding in July this year.
The investment will be used to expand Momentum Capital's team and support...
Today in Crypto: Thailand May Banish Facebook Because of Crypto Scam Ads, Terra Freezes Website Due to Phishing Scams, Phantom Launches the 'Sign In With Solana' Feature
22.8.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Thailand May Banish Facebook Because of Crypto Scam Ads, Terra Freezes Website Due to Phishing Scams...
The Financial Investment Expo 2023, Ho Chi Minh City, Vietnam
22.8.2023
2023 The Financial Investment Expo is a major event for the fintech and financial investment industry worldwide. It is a comprehensive platform designed for global fintech companies and investment and financial institutions to display their corporate image, expand brand influence, promote financial...
Germany proposes to screen Chinese investment in AI and related sectors: Report
22.8.2023
The German government proposed tighter export controls on China for semiconductors and AI technology similar to measures from U.S. regulators
Maple Finance Eyes Asian Expansion With $5M Investment, Returns to Solana
22.8.2023
The protocol’s focus on growth in Asia Pacific showcases the region’s increasing importance in the crypto industry
Binance Labs boosts Web3 future with Delphinus zkWASM investment
22.8.2023
Binance Labs, Binance’s investment and incubation division, has recently taken a strategic step forward by investing in Delphinus Lab. The company is well known for developing the first open-source zkWASM virtual machine, which supports trustless computation and application SDKs. This is...
Coinbase announces investment in Circle to better support stablecoins
22.8.2023
Coinbase has announced that it is strengthening its alliance with Circle through an investment. The purpose is to support USDC in a better manner. This will begin with launching the stablecoin on 6 more blockchains between September and October this year. The development was published by Brian...
Thailand threatens Facebook over crypto scams and other fraudulent ads
22.8.2023
Thailand’s digital minister said he would seek a court order to shut Facebook in the country unless it takes action on the alleged scams
Property Behemoth Evergrande Seeks Chapter 15 Relief in US; This Shiba Inu Contender Appears As The Best Investment Launch in 2023
21.8.2023
Evergrande, a prominent player in the Chinese property sector, is seeking respite by initiating bankruptcy protection through a U.S. court filing. This strategic move invokes Chapter 15 of the U.S. bankruptcy code, reflecting a deliberate response to the financial challenges besetting the property...
SEC charges crypto investment manager with misleading advertising, custody claims
21.8.2023
The case against Titan Global Capital Management is the first brought under the U.S. regulator’s 2020 revised marketing rule. It also touches on compliance issues
Farmington Bank Faces Fed Wrath: Alameda-Backed Financial Institution Ordered to Shutdown
21.8.2023
In a statement released August 17, 2023, Farmington State Bank, with an investment from Sam Bankman-Fried’s Alameda Research, consented to a cease and desist order from the U.S. Federal Reserve. Alameda invested $11.5 million into the bank’s coffers in January 2022. Government seizure...
Legendary Investor Jeremy Grantham Predicts Inevitable US Recession, Challenges Fed’s Forecast
20.8.2023
A significant portion of investors and financial organizations surmise that the U.S. could avert a recession, but Jeremy Grantham, the co-founder of investment firm Grantham Mayo Van Otterloo (GMO), deems it inescapable. Grantham contends that the Federal Reserve’s optimistic prognosis...
TRON DAO Ventures’ investment fuels Curve’s launch on networks
18.8.2023
TRON and Curve have bagged a crucial partnership in the DeFi sphere. There are basically two parts to this collaboration. The first part is where TRON DAO Ventures has invested $2 million in CRV by buying tokens of the same value. The second part is where Curve has agreed to launch on two networks...
SpaceX sold $373M worth of Bitcoin acquired in 2021-2022: Report
17.8.2023
Elon Musk announced in 2021 that SpaceX had some Bitcoin holdings following an SEC filing showing Tesla planned to purchase $1.5 billion worth of the cryptocurrency
Coinbase-Backed Securitize Set to Acquire Crypto Investment Platform Onramp Invest
17.8.2023
Securitize, a firm that specializes in tokenizing private investments, is all set to acquire the crypto investment platform Onramp Invest.
The Informant reported Onramp's team of 18 is all set to integrate into Securitize's existing workforce of 150.
Securitize, backed by companies like Coinbase...
BitGo Crypto Custodian Secures $100 Million in Funding, Valuation Reaches $1.75 Billion
17.8.2023
Crypto custody provider BitGo has raised $100 million in a Series C funding round to reach a valuation of $1.75 billion, the firm announced on Wednesday.
Participating in the funding round were several “new, outside strategic investors,” BitGo said in the announcement.
The firm did not name...
Judge Approves Investment Banker as Declarant in SEC vs. Ripple Legal Battle – Here's the Latest
17.8.2023
In the latest development of the legal case between the United States Securities and Exchange Commission and Ripple Labs, Judge Analisa Torres has approved the participation of an investment banker declarant, Andrew A. Kunsak....
Read More: Judge Approves Investment Banker as Declarant in SEC...
CoinCatch’s Parent Company Intends to Participate in the Strategic Investment in CoinDesk
17.8.2023
PRESS RELEASE. 17 Aug 2023 (BVI) – Linkbase Technology Limited, the parent company of the global cryptocurrency exchange CoinCatch expressed the intention to participate in the strategic investment in CoinDesk to strengthen the crypto media landscape amidst the current challenging market...
Ethereum: A mixed bag in 2023, But still a good investment
17.8.2023
The recent launch of PayPal’s USD stablecoin, known as PYUSD, as an ERC20 token on the Ethereum network has ignited significant interest in the cryptocurrency market. This move signals a crucial step toward Ethereum’s mainstream adoption. It is significant not only for the Ethereum...