Search
Fortress Investment Group Renews Bid to Buy Mt. Gox Creditors’ Claims
20.12.2019
Private equity and hedge fund manager Fortress Investment Group is redoubling its efforts to buy up claims from creditors of the hacked Bitcoin exchange Mt. Gox
Ripple Raises $200M, Calls 2019 Its Strongest Year of Growth
20.12.2019
Ripple announces $200 million Series C, claims that the firm sees its “strongest year of growth” despite its sales dropping 73% in Q3
At 8,990,000% Gains, Bitcoin Dwarfs All Other Investments This Decade
20.12.2019
No other investment comes close to Bitcoin in the 2010s, data shows as the cryptocurrency enters 2020 up 85% this year alone
SEC to Boost Access to Crypto Investments With Proposed New Accredited Investor Definition
19.12.2019
The U.S. Securities and Exchange Commission (SEC) has proposed amending the definition of “accredited investor” — a move that will increase access to regulated cryptocurrency investments. A number of them are currently only available to accredited investors. Among other changes,...
Alchemy Publicly Launches Its Blockchain API After Raising $15 Million
18.12.2019
Blockchain firm Alchemy publicly launched its API after securing $15 million in funding
Fidelity Launching Crypto Services in Europe, Citing ‘Significant Interest’
18.12.2019
Fidelity Investments is expanding its crypto services to European clients after seeing increasing potential in this market. The expansion builds upon the company’s U.S. crypto business. “We’ve seen significant interest and engagement by the institutional community, which show...
Fidelity to Expand Institutional Crypto Business to Europe
17.12.2019
Fidelity Investment, one of the world's largest asset managers, is setting up a new entity to serve European institutional investors in digital assets
43% of Investors Interested in Bitcoin Are Women: Grayscale Survey
14.12.2019
43% of investors interested in Bitcoin are women, according to a survey from Bitcoin fund operator Grayscale
200K Users ‘Already in Line’ for Robinhood’s Fractional Stock Trading
13.12.2019
More than 200,000 Robinhood clients have already expressed their intent to use new fractional stock trading app announced yesterday
Market Update: Despite Uncertainty, BTC Longs Skyrocket
11.12.2019
Digital currency prices have slumped again as the entire crypto market capitalization has dropped below $200 billion. At press time, most of the top digital assets are down a few percentages after gathering some gains over the last few days. With multiple coins getting rejected after trying...
Accused Onecoin Co-Conspirators Fight Criminal Charges in the US
10.12.2019
The Onecoin scam, a multi-level Ponzi scheme that acquired $4 billion from investors has been falling apart at the seams. Criminal proceedings have started against Onecoin leaders and one alleged associate who was found guilty of laundering $400 million has asked a New York judge for more time...
Ugandan Police Hold Director of Alleged $2.7M Crypto Ponzi Scheme
10.12.2019
Ugandan police have reportedly seized Samson Lwanga, a director of Dunamiscoins crypto scam which managed to get $2.7 million from the victims
IDEG, Coinbase Custody Launch Bitcoin Trusts in Apparent First for Asia
10.12.2019
Digital asset manager IDEG is launching what it claims are Asia’s first Bitcoin trusts
New Ukrainian Law Says ‘Virtual Assets’ Can Be Used for Payments
9.12.2019
The Verkhovna Rada, Ukraine’s legislature, has approved amendments that introduce legal terms and definitions pertaining to the crypto space. The new legislation, which aims to transpose the FATF standards into national law, also identifies who is to take responsibility for the oversight...
Crypto Pyramid Scheme in Uganda Steals Employees’ Money and Closes
6.12.2019
An alleged crypto pyramid in Uganda stole money from its employees and covertly closed down its offices
US SEC Approves BTC Futures Fund to Offer Shares to Institutional Investors
6.12.2019
The U.S. SEC grants approval to NYDIG Bitcoin Strategy Fund to offer its shares to institutional investors
Pomp Joins Figure’s Board as Firm Completes $103M Funding Round
5.12.2019
Morgan Creek Digital’s co-founder Pomp joins Figure’s board as his company leads the $103 funding round
Fintech Arm of Chinese Insurance Giant Shoots for $500M IPO in US
5.12.2019
Ping An’s fintech subsidiary OneConnect is aiming for a $500 million IPO in the U.S. according to a filing with the Securities and Exchange Commission
China’s Hainan Free Trade Zone Pledges $140M in New Blockchain Support
5.12.2019
China’s Hainan Free Trade Zone has pledged $140 million to developing blockchain in the pilot jurisdiction
European Banks Struggle With Low Interest Rates and Strict Regulations
4.12.2019
Banks in Europe have been in a difficult spot lately. A new report reveals that financial institutions across the region faced serious difficulties in the 2018 financial year, and despite all the cost cutting that followed, haven’t managed to compensate the revenue decline in 2019....