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Crypto investment product firm 21.co raises $25M to reach $2B valuation
6.9.2022
Founded during the major market slump of 2018, 21Shares holds its vision that solid crypto products only grow stronger during crypto winters
Crypto investment product firm 21.co raises $25M to reach $2B valuation
6.9.2022
Founded during the major market slump of 2018, 21Shares holds its vision that solid crypto products only grow stronger during crypto winters
Tech giant Meitu loses over $43M of its crypto investment in bear market
1.9.2022
Meitu was one among many public companies that purchased Bitcoin to hold as a treasury reserve during the peak of the bull run last year and now joins the list of companies that have suffered heavily due to the bear market
SEC Warns Crypto Investors of Scammers Exploiting Their Fear of Missing Out on Social Media
31.8.2022
The U.S. Securities and Exchange Commission (SEC) has warned about scammers exploiting investors’ fear of missing out (FOMO) on social media. “If a crypto investment ‘opportunity’ sounds too good to be true, it probably is,” the SEC cautioned. SEC Says Scammers...
Binance Aus ramping up measures to protect vulnerable users, says CEO
30.8.2022
The general type of people Binance Australia has flagged as vulnerable users are the elderly, people that live in remote areas, or those with disabilities
Central African Republic court says new $60,000 citizenship by crypto investment program is unconstitutional
29.8.2022
The move comes one month after the CAR rolled out the new incentive to boost crypto innovation in the country
Court Rejects Central African Republic’s Plan to Offer Citizenship for Crypto Investment: Report
29.8.2022
The country wanted to offer citizenship and other benefits in exchange for investing $60,000 in its Sango Coin
Latvian Extradited to US for Wire Fraud Involving Crypto Investments
28.8.2022
A Latvian national has been handed over to the United States where he is accused of fraud through several companies offering false crypto investment opportunities. Ivars Auzins will appear in a federal court in Brooklyn to face multiple charges of wire and securities fraud. Latvian Authorities...
Brazilian Crypto Investment Platform Bluebenx Backpedals on Hack Reports, States It Was Victim of a Listing Scam
22.8.2022
Bluebenx, a Brazilian crypto company that recently stopped customer withdrawals, has changed its story regarding the causes which took it to take that measure. While the exchange issued an email statement informing customers it had been the victim of a vicious hack, now the company states...
Former Coinbase VP Adam White Joins Blackstone as Crypto Investment Advisor
17.8.2022
White begins at Blackstone in a part-time role working across the firm’s investment teams and with its portfolio companies
Crypto Investment Firm CoinFund Launches $300M Web3 Fund
17.8.2022
Sectors of interest for the early-stage fund include layer 1 blockchains, gaming and NFTs
Crypto Investment Firm Digital Currency Group Registers Executive as Lobbyist
16.8.2022
The move suggests DCG will be getting more involved in lobbying efforts in the future
Brazilian Crypto Investment Platform Bluebenx Stops Withdrawals Under Hack Allegations
14.8.2022
Bluebenx, a Brazil-based cryptocurrency investment platform, suspended withdrawals last week due to an alleged hack that made the company lose more than $31 million. The company announced that the withdrawals would be stopped for at least six months. The company has been investigated by...
UK Parliamentary Group Seeks Views of Crypto Industry Players
6.8.2022
A parliamentary group in the United Kingdom, the Crypto and Digital Assets All Party Parliamentary Group (APPG), recently said it had launched an inquiry that will examine the country’s present approach to crypto and digital asset regulation. In addition to gathering information via evidence...
Tax Agency Vows to Go Hard After Koreans Using Crypto to Evade Levies
3.8.2022
South Korea’s tax administration has pledged to take strict measures against tax evasion through virtual assets and platforms. While the Korean government is yet to start taxing capital gains resulting from crypto investment and trading, authorities in Seoul claim cryptocurrencies have been...
Regulation of Cryptocurrency in South Africa Should Not Scare Away Investors Experts Say
30.7.2022
Two experts have said they welcome South Africa’s planned regulation of cryptocurrency but warned this should not scare away investors. If the regulation is balanced between the need to protect investors and stimulating interest in crypto investment, this “could see funds stream into...
'Pig Butchering' Crypto Investment Scams Delivered 'Massive Losses' to Victims
27.7.2022
An emerging and rather complex form of investment scam known as “pig butchering,” wherein flirtatious strangers convince unsuspecting users to invest in crypto trading platforms that eventually seize funds when victims try to cash out, has reportedly robbed victims of millions of dollars worth...
FBI Warns of Fake Crypto Apps — 244 Investors Defrauded, $42.7 Million Lost
20.7.2022
The Federal Bureau of Investigation (FBI) has issued a warning about fake cryptocurrency apps defrauding investors. “The FBI has identified 244 victims and estimates the approximate loss associated with this activity to be $42.7 million,” said the U.S. law enforcement agency....
Study: AUM of Crypto Investment Products at Record Lows in June, Trust Products Garner Lowest Total Since December 2020
2.7.2022
The latest data from Cryptocompare shows that assets under management (AUM) of crypto investment products reached record lows during the month of June. The data also shows 21 Shares Short Bitcoin ETP as the only digital investment product that registered a positive 30-day return (30.8%) as of June...
Midas․Investments Wants to Bridge the Gap With CeDeFi Strategies
1.7.2022
PRESS RELEASE. Crypto investment platform Midas Investments has reported that it has created an infrastructure that is designed with built-in, automated tools and strategies that don’t require investors to master the nature of trade within the volatile decentralized finance market....