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Surge in Digital Asset Management: Study Shows Nearly 50% of Asset Managers Now Handle Crypto
8.9.2023
Close to half of asset managers currently have digital assets under management, according to a new study. Firms large and small are implementing crypto strategies for clients and expanding offerings. Asset Managers Embrace Crypto: 48% Now Manage Digital Assets The study by digital currency data...
Coinbase Launches Crypto Lending Service for Institutional Investors
8.9.2023
Digital asset exchange Coinbase will be offering cryptocurrency loans to institutions in the United States. With the new service, the leading U.S. crypto trading platform seeks to fill the market gap opened by the collapse of companies like Celsius, Genesis, and Blockfi. Crypto Exchange Coinbase...
Back to School: Supporting the Next Generation of Investors
7.9.2023
How will advisors adapt to support the next gen investor? Erik Anderson from Global X takes us through the changing landscape in today’s Crypto for Advisor newsletter
Ark Invest, 21shares, and Vaneck Forge Ahead With Spot Ethereum ETF Applications
7.9.2023
The U.S. Securities and Exchange Commission (SEC) has temporarily postponed its ruling on seven bitcoin exchange-traded fund (ETF) applications. Meanwhile, a fresh wave of applications has emerged, with Ark Invest and 21shares, in addition to Vaneck, seeking approval for spot ethereum ETFs. These...
Understanding crypto custody: What different solutions entail for investors and businesses
7.9.2023
Overall, businesses and individuals should constantly scrutinize their custodial strategies to ensure their funds are properly managed
Israeli Cyber Crime Unit Raids Company Accused of Producing a Crypto-Stealing ‘Sting Software’
7.9.2023
Israeli law enforcement recently raided the offices of a company accused of producing software used by criminals to defraud crypto investors of millions of dollars. Some six suspects were arrested following the raid on a company that is reportedly operated by the country’s infamous crime families....
Blockchain Firm Raises Millions From Andreessen Horowitz, Paris Hilton to Help Monetize AI Mashups
7.9.2023
Investors led by Andreessen Horowitz have backed a company that has set out to help content creators monetize their work in the age of artificial intelligence (AI). The tech firm intends to employ blockchain technology to track remixes and mashups that have been spreading online since the invent...
Government Websites Hacked by MetaMask Scammers to Target Crypto Investors
7.9.2023
Multiple government-owned websites are being leveraged by crypto scammers to con visitors with fake redirection links related to the popular crypto wallet, MetaMask....
Read More: Government Websites Hacked by MetaMask Scammers to Target Crypto Investors
VC Roundup: Enterprise blockchain, Bitcoin staking and Web3 pique investors’ interest
6.9.2023
Orbital, ZTX, Stroom Network, unshETH and Fxhash highlight the latest funding deals from the world of crypto and blockchain
Coinbase launches crypto lending platform for US institutions
6.9.2023
Coinbase’s new institutional lending service has the same operating entity as Coinbase Borrow, which halted issuance of new loans in May
Israeli Cyber Crime Unit Ceases Crypto Scam That Wiped Out Millions From Investors
6.9.2023
Israel’s Police National Cyber Crime Unit reportedly conducted a massive investigation into a local company, uncovering a crypto scam where hackers stole millions using malicious software.
The company is set to have developed a malicious “sting software” that involved organized crime groups both...
Coinbase Creates New Crypto Lending Service Geared Toward Large Investors
5.9.2023
Coinbase (COIN) raised $57 million for the platform as of Sept. 1, according to an SEC filing
MetaMask scammers take over government websites to target crypto investors
5.9.2023
Official government websites from India, Nigeria, Egypt, Colombia, Brazil, Vietnam and other jurisdictions have been found redirecting to fake MetaMask websites
Crypto Scams on Rise in Portugal as Two Investors Lose Over $312k
5.9.2023
Two Portuguese citizens have lost over $312,000 to crypto scammers, with police claiming that more people are falling victim to crypto fraudsters.
Per CM-TV, the two individuals hail from Cantanhede, in Portugal’s Coimbra District.
The duo appear to have been promised they could expect “quick...
Legal Battle Unfolds: HelbizCoin Investors Win Court Ruling in Class-Action Lawsuit
4.9.2023
A United States federal court has taken a significant step in allowing a nearly three-year-long class-action lawsuit to proceed against the creators of HelbizCoin.
The case was initially filed in 2020 against Helbiz, its CEO Salvatore Palella, and its partners, with an amended complaint filed...
Court rules in favor of HelbizCoin investors, class lawsuit to go ahead
4.9.2023
A U.S. District Court has upheld claims by HBZ investors that the company acted fraudulently and also asserted that its token violated securities laws
Former SEC Chair: Institutional Investors Clearly Want Access to BTC, Approval of Spot Bitcoin ETFs Inevitable
3.9.2023
U.S. Securities and Exchange Commission’s former chairman Jay Clayton has explained why he believes the approval of a spot bitcoin exchange-traded fund (ETF) is inevitable. “It is clear that bitcoin is something that retail investors want access to, institutional investors want access to,”...
Just Over Half of Turkey’s Adults Invested in Crypto Assets Between Nov. 2021 and May 2023 — Study
1.9.2023
In the 18 months between Nov. 2021 and May 2023, the proportion of Turkish adults who invested in cryptocurrencies grew from 40% to 52%, data from the latest Kucoin report has shown. The report also revealed that 54% of Turkish adults who invested in crypto for the first time in the past year were...
Ethereum investors concerned as bearish trend dominates
31.8.2023
Cryptocurrencies are extremely volatile by nature and design. The cryptocurrency market is extremely speculative and lacks a regulatory framework for trading. This renders cryptocurrency trading more volatile than bonds and equities. Ethereum is the second most prominent cryptocurrency after...
Turkey Crypto Investors Rise by 12% as Inflation Continues to Plague the Country
31.8.2023
Turkish adults are increasinglyy turning to cryptocurrency investments as the country continues to suffer from soaring inflation.
According to a recent survey conducted by major crypto exchange KuCoin, over half of the Turkish population is now participating in the crypto market.
This...