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Rich Dad Poor Dad Author Calls Evergrande a ‘House of Cards’ While China’s Officials Prep for Firm’s Demise
23.9.2021
The world is still focused on the financial downfall of China’s real estate giant Evergrande and according to Chinese authorities have told the private sector to get “ready for the possible storm.” Reports show that even though the People’s Bank of China already provided...
Banks Not Looking to Create Own DeFi Alternatives – Investment Banker
22.9.2021
Olsen of JPMorgan’s blockchain arm Onyx, said that finding the “right intersection between private and public infrastructure” will be an important job for the bank going forward. This argument would suggest that some private infrastructure will be necessary as major financial institution
ShoeFy Secures $1.75m in Seed & Private Round 1
21.9.2021
The NFT platform, ShoeFy, has succeeded in raising $1.75 million in the first round of seed and private sales conducted by Oddinyana Ventures. The top investors who took part in round 1 of seed and private sale include BMW Capital, ChinaPolka, Ex Network Capital, DuckDao, Ragnar Digital Investment...
NFT-based Fixed Lending Protocol Pledge Backed by Stanford Alumni Announces Successful Fundraise
18.9.2021
PRESS RELEASE. Pledge Finance is launching a cross-chain decentralized finance ecosystem, purpose-built for the financial sector following a successful private round in which it raised more than $3 million. Hong Kong – Pledge Finance, an algorithm-driven, multi-chain decentralized finance...
Avalanche Pulls Down $230 Million Investment Led by Polychain and Three Arrows Capital
17.9.2021
Avalanche, a smart contract-enabled cryptocurrency, has received a $230 million investment from a group of VC companies. The funding round, which is being described as a private sale, was led by Polychain and Three Arrows Capital, with the participation of other companies. This investment will give...
Fidelity lobbies SEC to approve Bitcoin ETF in private meeting
15.9.2021
Fidelity argues that Bitcoin markets have already reached maturity under the SEC’s own standards
ADALend Is Building a Cardano Native, Scalable and Decentralized Lending Protocol
13.9.2021
ADAlend.finance , a protocol that is bringing decentralized lending to the Cardano blockchain, has just sold out its private sale in less than one hour. Seven private angel investors have purchased the entire seed allocation of 1.8 Million Cardano native ADAL tokens for $540,000. Seed round...
BIS Asks Central Banks to Urgently Develop CBDCs to Compete With Crypto Assets
12.9.2021
The head of the Bank of International Settlements (BIS) Innovation Hub, Benoît Cœuré, has urged central banks to act now on central bank digital currencies (CBDCs) to compete with initiatives in the private sector, including cryptocurrencies. “CBDCs will take years to...
PocketNet Changes Name to Bastyon and Releases Private Messaging App With PKOIN Chat Payments
10.9.2021
Bastyon’s messaging app would include end-to-end encryption, no link to phone number or any other metadata making it the most private messenger. Pocketnet, the social network based on proof-of-stake blockchain technology, enters a new phase of growth by changing its name to Bastyon and...
El Salavdor Bitcoin App Is a Private Firm Funded by Public Funds, Say Media
9.9.2021
administration – such as El Diario de Hoy
Central Bankers on Bitcoin, La Liga NFTs, Cardano's Upgrade + More News
9.9.2021
according to Bloomberg. He has added that “private money usually collapses sooner or later.” Meanwhile, Aleja
BBVA Switzerland Launches ‘New Gen’ Digital Account With Integrated Crypto Wallet
4.9.2021
Clients of BBVA Switzerland will be able to buy, store, and trade crypto assets with a digital account that comes with a cryptocurrency wallet. The new banking product will be available across the European Union as well as in a number of markets in South America. BBVA Switzerland Account...
Mark Cuban-backed Alethea AI closes $16M private token sale
24.8.2021
Venture funds and other strategic investors have recognized the value proposition of NFT marketplaces. Some of blockchain’s biggest investors are behind the Alethea AI token sale
Duel Network Private Sale Goes Live On August 22
17.8.2021
The Duel Network Private sale will begin from August 22, 2021, at 09:00 AM UTC on sale.duel.network. Reportedly, the token price of the private sale is $0.05 BUSD. The maximum allocation per member is around $5,000. The date and time for listing are scheduled for August 30. The private sale vesting...
Switzerland’s Leonteq Offers Crypto Assets to Investors in Germany and Austria
13.8.2021
Swiss fintech firm Leonteq has introduced its digital asset products in two neighboring jurisdictions, Germany and Austria. The company is launching its crypto offering with the help of a Frankfurt-based bank and in response to interest from institutional and private investors. Leonteq Provides...
Swvl Taps Concordium’s Blockchain To Enhance Semi-Private Mass Transit Solution
12.8.2021
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
Zug, Switzerland, 12th August, 2021,
Various experts agree that mass transit systems need to undergo an evolution. The debate goes back to pre-COVID-19, yet the pandemic has only highlighted more points...
Multi-Billion Dollar Wealth Manager Neuberger Berman Adds Exposure to Bitcoin, Ethereum
11.8.2021
The private investment management firm with $402 billion in assets under management (AUM), Neuberger Berman Group LLC, has revealed the company now has active exposure to cryptocurrencies like bitcoin. The multi-billion-dollar asset manager disclosed this information in a Form 497 in order...
Report: Nigeria’s Digital Currency to Be Designated ‘Critical National Infrastructure’
11.8.2021
According to a report, the Central Bank of Nigeria (CBN) is planning to have its proposed digital currency designated “critical national infrastructure” in order to protect it from operational and cyber-security risks. In addition, the CBN will also apply regulatory and compliance...
10 Years After Release, Development On Kerbal Space Program Has Ended
7.8.2021
Earlier this week, after a decade of updates and development, the makers of Kerbal Space Program have officially announced that the studio is ceasing sustained development on the game. The studio will now focus on Kerbal Space Program 2. Read more
JPMorgan Offers Private Bank Clients Access to Bitcoin Fund – Report
5.8.2021
The US-based financial heavyweight JPMorgan has reportedly offered its Private Bank wealth management clients access to an “in-house bitcoin (BTC) fund,” marking a remarkable u-turn for a financial institution whose CEO has been nothing short of openly hostile toward the token and the world...