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Brazilian Asset Manager Kinea Makes Exploratory Investment in Ethereum


One of the biggest asset managers in Brazil, Kinea, disclosed it made an exploratory investment in Ethereum. The announcement was made by Marco Aurélio Freire, manager of funds for Kinea, who stated the company had invested a small amount of its holdings in ethereum starting two months ago....

As Bitcoin’s Price Spikes Pods of BTC Whales Begin to Shrink in Size


Recent metrics from a variety of analytical web portals show that the quantity of bitcoin whales has been shrinking in recent times. The data indicates that the leading crypto asset has been distributed quite a bit since the price run-up started. Pods of Bitcoin Whales Shrink — Addresses...

Mark Cuban Won’t Invest in Bitcoin ETF, Prefers to Buy BTC Directly


The owner of the NBA team Dallas Mavericks, Mark Cuban, has said “no” to investing in bitcoin-based exchange-traded funds (ETFs), one of which could start trading next week in the U.S. The Shark Tank star does not see a reason for him to invest in a bitcoin ETF, emphasizing that...

Genesis CEO Michael Moro Thinks Mistakes Keep Institutions Away From Defi


CEO of trading firm Genesis, Michael Moro, stated that according to his views the decentralized finance (defi) space is still too risky for institutions to step in. Moro explained that there have been some important mistakes made by high-profile defi protocols that are putting customers’...

Tether Hits Back at 'Outlandish' Report as USDT 'Mystery' Continues


lecoin-tether">report that it claimed was full of “outlandish anecdotes” and “character assassination.”Tether has previously claimed to have drawn a line under the matter of whether or not it actually has the funds it says underpins the USD-pegged token by publishing results of an “audit

Bitwage Raises $1.5 Million in Latest Funding Round


Bitwage, the pioneer cryptocurrency-based payroll and invoicing company, has raised $1.5 million in its latest funding round. The funding round had participation from Draper Associates and Max Keiser’s Heisenberg Capital, using Bnktothefuture, a platform designed for making online...

Grayscale Adds Solana and Uniswap to Crypto Investment Fund


Grayscale Investments has added solana and uniswap to its large-cap investment fund. This is the first time solana has been added to a Grayscale fund. The company now offers 15 funds, two of which are diversified portfolios. Solana and Uniswap Added to Grayscale Fund Grayscale Investments,...

Compound Facing More Problems: More Than $140 Million in Tokens up for Grabs


Compound, one of the main cryptocurrency lending protocols on Ethereum, is facing serious problems again. According to banteg, a Yearn developer, someone called a function that moved more funds to be available for users to claim. Now, users can claim up to $140 million of the protocol’s...

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