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Financial Heavyweights Citadel, Charles Schwab, Fidelity Confirm Cryptocurrency Exchange Launch
13.9.2022
A number of financial giants including Fidelity Investments, Citadel Securities, and Charles Schwab Corp. announced on Tuesday that the consortium of companies plans to launch a cryptocurrency exchange called EDX Markets. Reports note that firms like Paradigm, Sequoia Capital, and Virtu Financial...
Fidelity will ‘shift’ retail customers into crypto soon, says Galaxy CEO
13.9.2022
While Fidelity hasn’t yet confirmed rumors it will launch retail Bitcoin trading, the firm said enabling broader access to digital assets remained a key area of focus
Financial Giant State Street Sees Unwaning Crypto Demand From Institutional Investors
13.9.2022
Investment management firm State Street says that institutional clients are not deterred from investing in crypto assets despite price declines. “There is a belief that the asset class is here to stay,” a State Street executive said. State Street on Institutional Demand for Crypto...
‘A Dangerous Looking Moment in Global Economics’ — Veteran Investor Jeremy Grantham Warns S&P 500 Could Plunge Another 26%
12.9.2022
Jeremy Grantham, the co-founder of the Boston-based asset management firm Grantham, Mayo, & van Otterloo (GMO) believes Standard and Poor’s 500 (S&P 500) could drop another 26% during the next 12 months, according to statements the veteran investor made last week. The...
Stone Ridge board approved plan for 'liquidation and dissolution' of its Bitcoin fund
12.9.2022
“Effective after the close of business on October 3, 2022, the Fund’s shares will generally no longer be available for purchase," said a Stone Ridge filing with the SEC
Devere CEO Explains Why He Is Buying the Bitcoin Dip
11.9.2022
The CEO of Devere Group, a financial advisory and asset management firm, has shared multiple reasons why he is buying the bitcoin dip. “Despite the recent turbulence, I believe that the trajectory of bitcoin and other major cryptos is upwards,” he said. Nigel Green Explains Why He...
SBF and the Mooch tie the knot as FTX Ventures takes 30% stake of SkyBridge Capital
9.9.2022
Scaramucci calls Bankman-Fried part of the “small universe of outside investors SkyBridge would ever consider partnering with,” promises SkyBridge’s investment strategy will not change
Polygon CSO blames Web2 security gaps for recent spate of hacks
9.9.2022
Polygon's chief of security says his department now employs 10 experts to ensure top-notch cyber security practices are adopted, recommending other crypto firms do the same
Investment Management Giant Franklin Templeton to Offer Digital Asset Strategies to Wealth Managers
8.9.2022
Introduced in partnership with crypto-focused Eaglebrook Advisors, the platform will be available for U.S. investors in mid-October
BlackRock to Use Kraken Subsidiary for Crypto Offering
2.9.2022
The moves come just after BlackRock launched a private bitcoin trust
ETH products grow in August as BTC products dip: CryptoCompare report
31.8.2022
The upcoming Merge has contributed to a rise in Ethereum investment products and trading volume, as crypto market AUM figures continue to drop amid the bear market
JPMorgan Advises Investors to Sell Crypto, Buy Value Stocks — Says the Fed Overestimates Strength of US Economy
31.8.2022
The chief global strategist of JPMorgan Asset Management has advised investors to focus on valuations, invest in value stocks, sell crypto, and steer clear of bitcoin. “The Federal Reserve is overestimating the strength of the U.S. economy as it feels guilty about the fact that inflation...
Delightful Steam Game Lets You Run A Spa For Capybaras
30.8.2022
Management sims are games that I love to hate. You face an endless onslaught of extremely demanding customers who want you to perform your services in a very particular way, and pronto. If you leave them unattended for too long, then they make disgruntled faces. Mess up enough times, and they might...
Crypto Lender Hodlnaut Placed Under Interim Judicial Management by Singapore Court
30.8.2022
Troubled crypto lender Hodlnaut has been placed under interim judicial management in Singapore three weeks after it was forced to freeze withdrawals due to "difficult market conditions"
Report: Investment Management Giant Invesco Launches Metaverse Fund
23.8.2022
The investment management giant Invesco has launched a metaverse fund that will invest in a myriad of startups focused on metaverse technology, a Citywire report detailed on Monday. “We will seek to capitalise on these opportunities through a highly selective, valuation-conscious...
Morgan Stanley Analyst Says Crypto Economy’s Liquidity Improved, but There’s ‘No Huge Demand to Re-Leverage’
22.8.2022
An analyst at the New York-based financial services and investment management company Morgan Stanley detailed on Monday that crypto liquidity seems to be recovering. Morgan Stanley’s Sheena Shah highlighted in a note to investors that the stablecoin market capitalization is seeing fewer...
Hodlnaut Court Filings Highlight a $193 Million Shortfall, Whistleblower Condemns Crypto Lender’s Contradictory Statements
22.8.2022
The troubled crypto lender Hodlnaut shared another update after the company froze withdrawals on August 8, and then revealed the company is seeking judicial management in order to rehabilitate the startup. The latest update shows that Hodlnaut experienced a shortfall of around $193 million and this...
Hodlnaut cuts 80% of staff, applies for Singapore judicial management
19.8.2022
Embattled cryptocurrency lending platform Hodlnaut cuts staff ahead of application for judicial management
Aussie asset manager to offer crypto ETF using unique license variation
18.8.2022
The CEO of Monochrome Asset Management says their license approval represents a significant step forward for both the advice industry and retail investors
Nasdaq-Listed Eqonex Closing Crypto Exchange Due to High Competition, Fallen Volumes
17.8.2022
The Nasdaq-listed firm Eqonex is closing its cryptocurrency exchange business. The company cited high competition among crypto trading platforms and fallen volumes as key reasons for shutting down its exchange. Eqonex Closing Crypto Exchange Eqonex Ltd. (Nasdaq: EQOS), a digital asset financial...