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Sony Patent Lets Viewers Vote and Pay to Boot Players From Games
20.10.2021
In 2020, Sony filed a patent for allowing livestream spectators and participants to remove players from a game. Yesterday, the United States Patent and Trademark Office approved the patent, which you can read in full here. Besides removing unskilled players, the system would allow spectators to...
US Sanctions Russian Crypto Broker Suex for Laundering Millions in Illicit Funds
22.9.2021
The U.S. Treasury Department has blacklisted Suex, a cryptocurrency broker based in Russia, for its money laundering activities. The platform is suspected of processing hundreds of millions of dollars in crypto transactions related to scams, ransomware attacks, darknet markets, and the infamous...
Bank of Russia to ‘Slow Down’ Payments to Crypto Exchanges, Curb Russians’ Impulsive Investments
19.9.2021
Central Bank of Russia is now working with commercial banks in order to delay payments made to digital asset exchanges. The move aims to limit “emotional” cryptocurrency purchases made by “unqualified” Russian investors, a CBR official revealed. The move is likely...
New York IT Supervisor Faces up to 15 Years in Jail for Mining Bitcoin in the Office
11.9.2021
A New York IT supervisor is facing a possible sentence of up to 15 years in jail for mining bitcoin in the office. The man, identified as Christopher Naples, allegedly had hidden 46 mining rigs in the offices of the Suffolk County Center in Riverhead, New York. According to the investigation, 10...
Big Investors Are Pushing up Valuations of Crypto Firms
1.8.2021
Venture capital firms and large investors are driving up the prices of crypto startups. Boutique investment firms and family offices are being elbowed out by big venture capital firms, private equity funds, and even some pension funds. VC Firms Driving Up Prices of Crypto Startups Cryptocurrency...
Crypto Companies Establish Presence, Hire Talent in Ireland
25.7.2021
With a friendly attitude towards financial innovation, the Republic of Ireland has become a desired destination for fintech businesses that need unimpeded access to the common European market. Cryptocurrency companies have been opening offices in the EU member state with some well-known players...
Goldman Sachs Survey Shows Family Offices Are Flocking to Crypto Investments
22.7.2021
High net-worth families are turning to cryptocurrency investments, according to a recent Goldman Sachs survey that found close to half of the company’s family office clients are inquisitive about crypto-asset investments. A Goldman Sachs executive further said that a large portion of...
60% of uber-rich family offices considering crypto or own it: Goldman Sachs
22.7.2021
15% of Goldman Sachs’ family office clients have already purchased digital assets
South African Crypto Holders Urged to Approach Tax Body Before It Descends on Them
19.5.2021
A South Africa-based tax expert, David Lesperance, says with the country’s revenue collector now closing in on cryptocurrencies, holders must now take the initiative and approach South Africa Revenue Services (SARS) before it descends on them. Lesperance argues that by making the first move...
VanEck and BetaShares apply for Aussie crypto ETFs as family offices snap up BTC
6.5.2021
Numerous institutional crypto product applications have been lodged as Australians buy more Bitcoin
Report: More Layoffs Loom As Activision Blizzard Moves To Close European Publishing Offices
19.3.2021
Activision Blizzard is planning to close its publishing offices in Europe and lay off even more employees in the process, according to a new report by GamesIndustry.biz.Read more
Putin Asks Russian Attorney General Office to Combat Illegal Cross-Border Crypto Transfers
19.3.2021
The Russian President held a meeting with the attorney general’s office where cryptocurrencies came to the discussion table. Vladimir Putin raised red flags toward taking measures to prevent illegal activities on cross-border transfers with cryptos. Putin Calls Other Offices to Join the Fight...
CrossTower Launches Bitcoin Fund to Compete With Grayscale’s GBTC
3.2.2021
The fund is starting out with $20 million in AUM, largely from family offices, and touts lower fees than the Grayscale Bitcoin Trust
Onboarding Institutional Crypto Investors- Coinbase Helps Execute ‘One of the Largest Digital Asset Trades in History’
6.1.2021
Over the last year, institutional investors have been flocking toward crypto assets like bitcoin and after Microstrategy’s initial bitcoin purchase, the trending institutional demand for crypto started swelling. On Tuesday, the San Francisco trading platform Coinbase published a study that...
Bithumb crypto exchange temporarily closes some offices due to COVID-19
23.11.2020
Bithumb’s offline support center in Gangnam is closing down due to COVID-19
JPMorgan’s Analysis Shows Institutional Investors Moving From Gold ETFs to Bitcoin
9.11.2020
JPMorgan has highlighted evidence of institutional demand for bitcoin and investors moving from gold exchange-traded funds (ETFs) to the cryptocurrency. The firm points out that bitcoin demand is driven not only by younger retail investors but also by institutional investors, such as family offices...
Family Offices May Now See Bitcoin as Alternative to Gold: JPMorgan Report
9.11.2020
In a research report by JPMorgan’s global markets team, analysts noted that Grayscale Bitcoin Trust’s flow trajectory outperformed gold exchange traded funds
Ripple opens regional office in Dubai following volatile Q3 for XRP
8.11.2020
The financial center in one of Dubai’s free-trade zones acts as an independent regulator with its own judicial system
Fidelity Investments’ Digital Asset Custody Services Arm Expands to Asia
30.10.2020
Fidelity Digital Asset Services has revealed the company is expanding into Asia and plans to help high-net-worth investors and family offices in the region with custodial crypto products. Fidelity is working with the Singaporean startup Stack Funds, a fully-insured custody operation servicing...
Bithumb Exchange’s Offices Raided Again by Korean Authorities: Report
8.9.2020
Local officials are said to have raided Bithumb's offices for the second time in a week as part of a fraud investigation