Unifi (UNIF), StaFi (FIS) and Dego see triple-digit gains afer DeFi listings

A focus on lowering transaction fees and cross-chain interoperability prompted Unifi, StaFi and Dego to rally in excess of 100%. The CBOE has filed an application with the United States Securities and Exchange Commission to list the Bitcoin (BTC) exchange-traded fund proposed by asset manager Van Eck.

Dan Loeb's hedge fund hires pro-crypto Goldman Sachs analyst

Heath Terry has said it would be "hard to see a world where blockchain technology doesn't change the way we think about asset ownership." A research analyst from Goldman Sachs who has previously spoken favorably about Bitcoin and blockchain technology will reportedly be joining New York-based asset management firm Third Point. According to a Reuters report today, Third Point hired Heath Terry, a managing director of Goldman Sachs’ tech division.

Evolves files for Ether ETF with Canadian regulators

Evolve Funds Group Inc has filed a preliminary prospectus for an Ether ETF in Canada. Less than a month after becoming the second firm to secure approval from Canadian regulators to list a Bitcoin (BTC) exchange-traded fund, Evolve is looking to debut an Ether (ETH) ETF product in Canada. According to a Tuesday press release, the company has filed a preliminary prospectus with Canadian regulators for approval to begin trading an Ether ETF product. According to the communique, if the Ether ETF is approved, it will trade under the ticker “ETHR” and will track the Ether-Dollar Reference Rate (ETHUSD_RR) provided by CF Benchmarks.

The Largest US Options Exchange Cboe Applies to List Vaneck’s Bitcoin ETF

The Chicago Board Options Exchange (Cboe) has applied to list the Vaneck Bitcoin Trust, as an exchange-traded fund (ETF) if the fund is approved by the US Securities and Exchange Commission (SEC).

US SEC Now ‘On the Clock’ for Key Bitcoin ETF Decision

The bitcoin (BTC) ball is decidedly in the regulators’ court in the United States, where the Securities and Exchange Commission (SEC) is now “on the clock” – with the crypto world eagerly awaiting its response. Many believe that approval of a bitcoin exchange-traded fund (ETF) in the United States would be a watershed moment for BTC adoption.

CBOE Seeks SEC Approval to List First Bitcoin Exchange-Traded Product in US

Equities market operator, CBOE global markets, has submitted a filing proposal to the SEC to list and trade shares of VanEck’s Bitcoin Exchange Traded Fund (ETF).

FD7 Ventures launches $250M Micro-Fund in India for Cardano, Polkadot-based projects

A few days after FD7 Ventures, a Dubai-based crypto-investment fund, made news after it announced its decision to sell its Bitcoin holdings worth $750M to buy more Cardano and Polkadot, the fund is in The post FD7 Ventures launches $250M Micro-Fund in India for Cardano, Polkadot-based projects appeared first on AMBCrypto.

CBOE files to list Van Eck's proposed Bitcoin ETF

CBOE is looking to re-enter the crypto sector, filing to list a Bitcoin ETF proposed by asset manager Van Eck. Globally leading exchange holding company, Chicago Board Options Exchange, or CBOE, has filed to list the Bitcoin exchange-traded fund proposed by asset manager, Van Eck. CBOE filed a Form 19b-4 requesting permission to list the ETF from the US Securities and Exchange Commission on Jan.

This billionaire takes a 'deep dive' into crypto, worries he is too late

Daniel Loeb, chief executive of Third Point, a $15 billion hedge fund has been doing a deep dive into crypto lately and found that the sector can be a “real test” of being intellectually open “t The post This billionaire takes a 'deep dive' into crypto, worries he is too late appeared first on AMBCrypto.

Cathie Wood Says Janet Yellen Doesn’t Understand Cryptocurrency, Bitcoin Far More Energy Efficient Than Gold

Hedge fund heavyweight Cathie Wood of ARK Invest says US Treasury Secretary Janet Yellen doesn’t understand cryptocurrencies and Bitcoin.

$250M Fund to Invest in Polkadot and Cardano Launched in India

Crypto investment fund opens an office in India and sets up a $250 million endeavor to invest in Cardano and Polkadot.

Here’s how the Purpose Bitcoin ETF differs from Grayscale’s GBTC Trust

The newly launched Purpose Bitcoin ETF surpassed even the most bullish expectations but how does it differ from Grayscale’s GBTC Trust? Since 2017, investors have been anxiously awaiting a Bitcoin ETF approval as the existence of such a fund was an important symbol of mass adoption and acceptance from the realm of traditional finance.  On Feb.

Stone Ridge’s Open-End Mutual Fund to Invest in Bitcoin — SEC Filing Opens the Door for Other Mutual Funds to Add BTC

Asset management firm Stone Ridge has filed with the US Securities and Exchange Commission (SEC) for its open-end mutual fund to invest in bitcoin.

Bitcoin: With Grayscale's premium dropping, is this the right time to invest?

Bitcoin's biggest Bitcoin Fund - Grayscale's GBTC is trading at a discount for the third time, and it is the largest discount so far.

Dubai-Based Crypto Fund Selling $750,000,000 in Bitcoin To Buy Two Altcoins

A crypto investment firm with $1 billion in assets under management is selling Bitcoin to boost its position in two of the largest altcoins by market cap.

Harvard Professor Kenneth Rogoff Warns Central Banks Will Never Allow Bitcoin to Go Mainstream

Harvard Professor of Economics and former chief economist at the International Monetary Fund (IMF) Kenneth Rogoff says that central banks won’t allow bitcoin and other cryptocurrencies to become mainstream.

Arca to Join the Bitcoin Trust Race Competing Against Numerous Crypto Fund Rivals

Another firm is joining the bitcoin trust sector, as the California fund manager Arca has filed a registration with the US Securities and Exchange Commission (SEC) for its Arca Accredited Investor Bitcoin Trust.

Chinese Authorities Warn About ‘Sophisticated’ Digital Yuan Scam- Promotes Access to a ‘$186M Secret’ Government Fund

As China keeps paving the way to adopt its central bank digital currency (CBDC), scammers are also actively emerging on the scene.

Dubai Based Crypto Investment Fund to Convert $750 Million Worth of BTC Into ADA and DOT Tokens

A Dubai based crypto-based investment fund, FD7 Ventures says it will offload bitcoins worth $750 million and will use the proceeds to increase positions in Cardano and Polkadot tokens.

Wall Street Asset Manager Stone Ridge Files to Add Bitcoin to its Diversified Alternatives Fund

Stone Ridge, an asset manager with over $13B in AUM, plans to add bitcoin to its fund, focusing on alternative investments. 

How To Use Cash at Canada Post to Fund MyBTC.ca Account

The text below is an advertorial article that was not written by Cryptonews.com journalists. How can you buy bitcoin if you’re only using cash? With MyBTC.ca, it’s much easier than you think. Funding your account with Canadian dollars at a local Canada Post branch is one of the most convenient ways to exchange your CAD.

Crypto Investment Fund to Sell $750M in Bitcoin for Cardano and Polkadot

FD7 Ventures will sell off $750 million of its Bitcoin holdings and allocate the funds in Cardano (ADA) and Polkadot (DOT).

Dubai Fund Sells $750 Million of Bitcoin to Buy Cardano, Polkadot

The Dubai-based fund says Bitcoin is “pretty useless” and altcoins like Cardano are a better bet for new investors.

Anchorage raises $80 million in series C round

Crypto custodian and banking company Anchorage has raised $80 million in a series C funding round, which was led by GIC, Singapore’s sovereign wealth fund.

Three Arrows Capital CEO Says Bitcoin Could Hit $2,500,000 in Supercycle Top – Here’s Why

Su Zhu, the co-founder and CEO of fund management firm Three Arrows Capital, is revealing an astronomical price prediction for the largest cryptocurrency by market cap.

Stone Ridge Adds Bitcoin to its Diversified Alternatives Fund

Asset manager Stone Ridge has added Bitcoin as the latest strategy for its fund focused on alternative investments.

Thai SEC consults public on crypto investor income rules

Thai investors who do not qualify for crypto trading under proposed SEC rules would still be able to invest through licensed fund managers. The Securities and Exchange Commission of Thailand has launched a public consultation on proposed cryptocurrency investor qualification rules. According to an official announcement Thursday, the Thai SEC is now seeking public comments on proposed qualifications for crypto investors including certain income and trading experience requirements. As part of the initiative, the Thai SEC is planning to hold a live hearing through its Facebook page on March 24.

Congress worries crypto used to fund domestic terrorism, Capitol insurrection

US Congress subcommittee says that bank reporting methods led to Capitol attack arrests but worries that Bitcoin might have helped fund the insurrection. A US Congress subcommittee is investigating if domestic extremists are turning to cryptocurrency as a source of funds for their activities. On Feb.

North America’s first Bitcoin ETF sees explosive debut with $564M in assets

The Purpose Bitcoin exchange-traded fund has been a roaring success since its debut last week.

Pantera Capital’s Joey Krug Unveils Exponential Ethereum Price Target for Current Crypto Cycle

The co-chief investment officer of blockchain investment fund Pantera Capital says Ethereum has huge upside potential in the current market cycle.

M31 Capital is looking to launch a new Bitcoin hedge fund

The M31 Capital Bitcoin Access Fund could provide institutional investors with another avenue for investing in BTC.

$37 Trillion Wealth Transfer Set To Boost Bitcoin and Cryptocurrency, Says Morgan Creek Digital’s Mark Yusko

The co-founder of cryptocurrency hedge fund Morgan Creek Digital, Mark Yusko, says Millennials will forever change the financial landscape after inheriting trillions of dollars from their parents.

Francis Suarez, Miami’s pro-crypto mayor, to appear on Blockchain & Booze tonight

As Miami becomes the hottest spot in America for crypto, Mayor Suarez wants to know: "How can I help?" But will he actually be swigging Miami Vice cocktails? Francis Xavier Suarez, the mayor of Miami and a firm Bitcoin proponent, will appear for a 30-minute fireside chat on Blockchain & Booze this evening. The episode, hosted by Adam Levy of blockchain venture studio and fund Draper Goren Holm, and streamed live from Cointelegraph’s Twitter account, will explore Miami’s emerging status as a global crypto hub, as well as Suarez’s civic leadership responsibilities. The

North American Bitcoin ETF Erupts, Analyst Says It Could Soon Shatter $1 Billion in Assets Under Management

A Bloomberg Intelligence analyst is estimating that the first North American Bitcoin exchange-traded fund (ETF) is on track to reach $1 billion in assets under management (AUM) in the coming days.

‘Big Short’ Investor Michael Burry Issues Warning on Future of Bitcoin and Gold

Hedge fund manager Michael Burry, who is known for being one of the first investors to foresee and profit from the collapse of the housing market in 2007, is sharing a pessimistic prediction on the future of Bitcoin and gold.

‘Big Short’ Investor Michael Burry Warns Governments Could ‘Squash’ Bitcoin

Hedge fund manager Michael Burry, famed for forecasting the 2008 financial crisis, has warned that governments could “squash” bitcoin in an inflationary crisis.

IMF Says Central Bank Currency Will Face Pressures in the Digital Age

The International Monetary Fund (IMF) estimates that central bank currencies will confront major obstacles in a rapidly digitizing financial system.

Top 5 cryptocurrencies to watch this week: BTC, AAVE, ATOM, NEO, VET

Select altcoins continue to move higher as traders attempt to push Bitcoin price to $60,000. The Purpose Bitcoin (BTC) exchange-traded fund debuted on the Toronto Stock Exchange on Feb.

Canadian Bitcoin ETF predicted to hit $1B AUM by Friday: Bloomberg analyst

Eric Balchunas said the Purpose Bitcoin fund could surpasses all other ETFs in Canada within two months, "barring a nasty selloff." With only two full days of trading under its belt, the first Bitcoin (BTC) exchange-traded fund in North America reached more than $400 million in volume and is expected to go even higher. According to a tweet from Bloomberg analyst Eric Balchunas, the Bitcoin exchange-traded fund, or ETF, recently debuted by Canadian firm Purpose Investments is likely to hit $1 billion in assets under management by Feb.

Public and Private Money Can Coexist in the Digital Age

Tobias Adrian is the Financial Counsellor and Director of the International Monetary Fund's (IMF) Monetary and Capital Markets Department.

North America's First Bitcoin ETF Raised $421 Million Within Two Days

The North American Bitcoin Exchange Traded Fund market got off to a flying start this week.

Bitcoin Skeptic Dalio Reduces Role at Hedge Fund Bridgewater After Tough Year

Bridgewater’s flagship investment fund lost 7.6% last year, while Bitcoin quadrupled in price.

IMF Representative of Nigeria Calls for Caution Over the Use of Cryptocurrencies

The International Monetary Fund (IMF) resident representative for Nigeria, Ari Aisen recently discussed the Central Bank of Nigeria (CBN) directive that targets crypto entities.

First Bitcoin ETF in North America Has Massive Opening Day, $80,000,000 Traded in Just One Hour

The first Bitcoin exchange-traded fund in North America is launching with a bang.

With rebrand on the horizon, Sushiswap receives “Sushi.com” domain name gift

The team "can't believe" they've claimed the hot digital property, and say that the gift came at an opportune time A major decentralized finance (DeFi) protocol’s SEO metrics just spiked through the roof.  In a tweet today cryptocurrency investment fund Future Fund announced that they’d acquired the “sushi.com” domain name on behalf of DeFi platform Sushiswap. Happy to announce we’ve acquired https://t.co/Hjsm7MOIYY for @sushiswapA strong domain will greatly increase internet traffic and exposure to the sushi brand for their forthcoming new projects.2021 will be a big year for $SUSHI pic.twitter.com/NWWkgTldWq— Future Fund (@FUTURE_FUND_) February 19, 2021 Sushiswap’s online presence is notoriously scattered, including domains like “sushiswap.fi” and “sushiswapclassic.org.” In the announcement, Future Fund noted that the simplicity is an improvement, saying, “A strong domain will greatly increase internet traffic and exposure to the sushi brand.” While the terms of the purchase were not revealed, the domain is a hot property that has previously been listed for between $600,000 and $1.5 million, according to various domain sales sites. When ask about the purchase, Sushiswap CTO Joseph Delong’s initial reactions was simple: “Pretty based imo.” According to Delong and core contributor 0xMaki, the timing of the buy couldn’t have been better.

Venture Capital Fund Yolo Invests in Digital Marketing Specialists eCartic

PRESS RELEASE. Tallinn-based venture capital fund Yolo Investments has announced a new investment in digital marketing company eCartic.

N America's First Bitcoin ETF Booms, Nvidia's Surprise To Ethereum + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Bitcoin news North America’s first Bitcoin exchange-traded fund (ETF), the Purpose Bitcoin ETF (BTCC), that invests directly in "physical/digital bitcoin," debuted on the Toronto Stock Exchange on Thursday,

Venture Capital Fund Yolo Invests in Digital Marketing Specialists eCartic

[PRESS RELEASE – Please Read Disclaimer] 18th February 2021, Tallinn, Estonia – Venture capital fund Yolo Investments has made a significant investment into digital marketing specialists and venture hub eCartic.The Estonian-based investment is a global B2B partner for disruptive companies within the eCommerce value-chain.

Hollywood Producers Create Digital Currency to Fund Films

Mogul Productions is the latest project aiming to crowdsource funding from content consumers.

Bitcoin ETF approval more likely under new SEC leadership, says Ark Invest CEO

"I think the probability of an ETF has gone up," said Cathie Wood Ark Investment Management founder and CEO Cathie Wood said the likelihood that US regulators will approve a Bitcoin exchange-traded fund has gone up under the Biden administration. In an interview with CNBC’s Bob Pisani today, Wood said there were two signs that the Securities and Exchange Commission might be more open to greenlighting a Bitcoin (BTC) exchange-traded fund, or ETF.

SEC Will Approve Bitcoin ETF Under Gary Gensler, According to Galaxy Digital’s Mike Novogratz – Here’s Why

Galaxy Digital CEO Mike Novogratz says the US Securities and Exchange Commission (SEC) will green light a Bitcoin exchange-traded fund (ETF) under the leadership of Gary Gensler.

Coinbase Trades at a $77B Valuation as BTC Heads Towards a $1T Market Cap

An overview of key news, from a new DeFi Index fund for accredited investors to bitcoin shrugging off growing Treasury yields.

Bitwise's New Fund Lets Institutions Get Exposure to DeFi

Bitwise’s DeFi fund opens today, enabling investors and financial advisors to diversify their exposure to crypto markets.

Bitwise Launches DeFi Crypto Index Fund

The fund bets on 10 Ethereum-based protocols angling to shape the future of finance.

Evolve Becomes Second Canadian Issuer to Win Approval for Bitcoin ETF

It may encourage US regulators to approve their first bitcoin exchange-traded fund.

NYDIG seeks US SEC approval to create Bitcoin ETF

New York Digital Investment Group (NYDIG) is seeking to create a Bitcoin exchange-traded fund (ETF) according to a new filing with United States Securities and Exchange Commission (SEC).  Provided The post NYDIG seeks US SEC approval to create Bitcoin ETF appeared first on AMBCrypto.

New Bitcoin ETF Attempt, Diem's Move, Ripple vs. SEC + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Crypto adoption news NYDIG, a Stone Ridge-run subsidiary firm that provides crypto services to institutional investors, aims to launch a Bitcoin exchange-traded fund (ETF), per a filing with the US Securities and

Osprey Fund’s Bitcoin Trust Is Now Available to Retail Investors via OTC

The fund is structured similarly to the Grayscale Bitcoin Trust, but aims to compete with lower fees.

Love & coordination at the frontier of governance: How Yearn minted $300 million

A core Yearn contributor gives the behind-the-scenes account of what may be the most consequential vote in decentralized governance history   On February 2nd, at 6:00pm UTC Yearn Improvement Proposal 57 passed mandating that Yearn Finance, the decentralized and permissionless neo-hedge fund where I work, mint 6,666 new YFI tokens. YFI holders themselves passed this vote, with 83% voting in favor, and the highest engagement since Yearns now-mythical fair launch.

Fighting money laundering in crypto, explained

Criminals often presume that blockchain transactions are anonymous, but it is possible to untangle and uncover fund flows using analytics tools. How does anti-money laundering compliance software work for crypto businesses? Given how many transactions are made on blockchains every day at high speed, automation is key. Manual monitoring is impractical because of these dizzying volumes.

New Emerging Markets Fund Targets Blockchain, DeFi Startups

The Arcanum Emerging Technologies Fund will start in India, but its founders plan to expand to other regions.

Global Debt Landscape Sends a Warning Sign

Xuehui Han is an Economist in the International Monetary Fund (IMF)’s Fiscal Affairs Department.

First Publicly Traded Bitcoin ETF in North America Approved by Canada’s Financial Regulator

Canada is bringing a Bitcoin exchange-traded fund (ETF) to North America.

Morgan Stanley to consider Bitcoin for $150 billion investment wing

Another domino falls in crypto’s institutional takeover According to a report from Bloomberg news this morning, Morgan Stanley is the latest major financial institution to consider an investment in Bitcoin.  Citing “people with knowledge of the matter,” the report says that Cointerpoint Global, a subsidiary of Morgan Stanley Investment Management with $150 billion in assets under management, “is exploring whether the cryptocurrency would be a suitable option for its investors.” Morgan Stanley’s website describes Counterpoint Global as a fund specializing in investments “whose market value can increase significantly for underlying fundamental reasons.” The fund is up 72.7% on the year, significantly outperforming the MSCI All Country World Net Index returns of 16.25%.

Jack Dorsey and Jay-Z Dedicate $23,900,000 in BTC To Boost Crypto in Africa and India

Twitter CEO Jack Dorsey is revealing that he’s teaming up with rapper Jay-Z to start an initiative that aims to fund Bitcoin developers in two of the world’s most populated regions.

Bitcoin ETF Approved: First North American Bitcoin ETF Set to Trade on Toronto Stock Exchange

The first bitcoin exchange-traded fund (ETF) in North America has been approved to launch in Canada.

Canada OKs Its First Bona Fide Bitcoin ETF, JPMorgan on BTC + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Bitcoin news The Ontario Securities Commission has green-lighted Canada’s first fully-fledged, publicly-traded bitcoin (BTC) exchange-traded fund (ETF), an offering that will be managed by Purpose Investments.

Canada’s Financial Regulator Greenlights a Bitcoin ETF

A bitcoin exchange-traded fund (ETF) will come to life in North America as the Canadian financial regulator greenlighted the Purpose Bitcoin ETF.

Jay-Z and Twitter’s Jack Dorsey Set Up 500 BTC Trust for Bitcoin Developers in Africa and India

Jay-Z and Jack Dorsey teamed up on a 500 BTC blind trust to fund Bitcoin development with a primary initial focus on teams in Africa and India.

Jack Dorsey and Jay Z Allocate $23.5 Million in Bitcoin to Fund Development

They are creating a 500 Bitcoin endowment that will focus on Bitcoin development, initially starting in Africa and India.

Jack Dorsey and Jay Z donate 500 BTC to fund Bitcoin development

Twitter CEO Jack Dorsey and Rapper Jay Z have come together to make a 500 Bitcoin donation to teams in Africa and India.

Jay-Z & Jack Dorsey Give BTC 500 for Bitcoin Development, New India Ban Rumors Emerge

Jack Dorsey. Source: a video screenshot, Youtube, WIRED Bitcoin (BTC) bull, Twitter CEO Jack Dorsey said that he and Jay-Z, an American music megastar, are giving BTC 500 (USD 23.5m) to fund BTC development.

Robinhood, Melvin, and Citadel execs expected to testify on GameStop before Congress

The price of GME has fallen almost 90% since lawmakers first called for a hearing. Executives from companies involved in the recent controversy between hedge funds and retail investors from Reddit may be testifying at a House Financial Services Committee hearing next week. According to a Reuters report, two people familiar with the matter said executives from trading app Robinhood, investment manager Melvin Capital, and hedge fund Citadel are expected to testify in a congressional hearing scheduled for Feb.

Framework Ventures’ DeFi Fund Booms as Tech Team Staffs Up

The studio's flagship ventures fund increased in value from $14 million to $300 million.

Kraken Creates VC Fund for Boosting Crypto Innovation

The Kraken Ventures fund will focus on supporting startups working in DeFi, fintech, crypto, and other innovative sectors.

New Kraken Venture Fund to Target Early-Stage Crypto, Tech Startups

Kraken Ventures will operate autonomously, with financial backing from the exchange.

Opinions Divided on Bitcoin ETF in US as Experts Say 2021 Launch Is Possible

Source: iStock/Photographer, Filmmaker, Designer Experts are saying that an American bitcoin (BTC) exchange-traded fund (ETF) could become “a real thing” in 2021 – but a debate has sparked on social media, with some warning products of this sort may still be some way off. In a Bloomberg article, authors Claire Ballentine and Katherine Greifeld claimed that the chances of a BTC ETF launching

Bitcoin Developer Fund Brink Is Granted Tax-Exempt Status

US bitcoiners can now make tax-exempt donations to fund Bitcoin development.

Nervos launches $5M fund to support DeFi projects

Chinese blockchain network Nervos has announced a $5 million fund to back emerging DeFi projects China’s Nervos Network has launched a $5 million fund to support projects building decentralized exchanges, lending platforms, and other DeFi protocols. According to a Feb.

UN report says North Korea behind $281M exchange hack to fund nukes

A preliminary report from a United Nations inquiry suggests North Korea is using the proceeds from crypto hacks to funds its weapons programs.

BlockFi’s Bitcoin Trust Takes Aim at GBTC

The fund charges a 1.75% management fee and offers custody from Fidelity Digital Asset Services.

IDEO CoLab Ventures files with SEC for new $100M crypto fund

Early stage investment fund IDEO CoLab Ventures is looking to launch a $100 million crypto investment fund.

Siam Bank Launches $50M Blockchain Fund

The fund will focus on global early and growth-stage companies that shape the next generation of financial services and digital systems, the venture capital arm of Thailand's oldest bank says.

Nasdaq-backed Crypto ETF Goes Live in Bermuda

This exchange-traded product was conceived by Brazilian fund manager Hashdex and US stock exchange Nasdaq.

New $50M Venture Fund Aims to Bridge East-West DeFi Investment Divide

Spartan Group's new fund has raised over $30 million in its first round, with a further $20 million expected to be raised in March or April.

Major Thai bank's venture arm sets up $50M fund to invest in blockchain, DeFi

Siam Commercial Bank, over a century old, doesn't fail to keep up with the times. Siam Commercial Bank — Thailand's oldest bank, established by royal charter back in 1907 — is cementing its reputation as a strong backer of innovative financial technologies.

Binance Labs backs Polkadot ecosystem with $2.4m investment in Plasm Network

Binance has mobilized nearly one-quarter of its Polkadot ecosystem fund to lead Plasm Network’s Series A funding round.

Etoro’s Gooddollar Basic Income Initiative Aims to Fund 1 Million New Users With New Referral Program

An incentive of 100G$ will be given to registered users for new referrals, and 50G$ to new users as a ‘welcome bonus.’ Etoro, one of the world’s leading social trading platforms, has announced that it’s funding rewards for the next one million users of its Gooddollar project, following the launch of a brand new referral […]

Bitwise files intent with SEC to launch ‘Crypto Innovators ETF’

A recent SEC filing by Bitwise reveals plans to launch a new crypto innovators fund.

Bitwise seeks to launch ETF to track performance of 'crypto innovators'

Bitwise filed for a new exchange-traded fund tracking the performance of crypto innovators.

Nic Carter’s Castle Island Ventures Closes $50M Investment Fund

The early stage VC will continue to invest around its primary thesis: "that public blockchains are changing the world."

Bill Miller plans $400M Bitcoin investment via GBTC

Bill Miller is set to increase his Bitcoin exposure by plowing 15% of one of his portfolios to buy Grayscale BitcoinTrust shares. Hedge fund legend Bill Miller is exhibiting an even larger appetite for Bitcoin (BTC).

Bill Miller’s Multibillion-Dollar Hedge Fund to Add Bitcoin Exposure via GBTC

Billionaire hedge fund manager Bill Miller’s flagship fund will soon be able to add bitcoin exposure by investing in Grayscale’s bitcoin trust (GBTC), according to its filing with the US Securities and Exchange Commission (SEC).

Bill Miller’s $2,250,000,000 Fund Prepares To Buy Exposure to Bitcoin, Officially Files With SEC

Bill Miller’s Miller Value Fund is seeking permission from the US Securities and Exchange Commission to allocate a portion of its $2.25 billion fund to Bitcoin.

Bill Miller’s Fund To Allocate $300 Million To Grayscale Bitcoin Trust

Miller Opportunity Trust, a hedge fund run by American investor and fund manager, Bill Miller has filed a document with SEC that reveals its intention to invest in Grayscale Bitcoin Trust.

Billionaire Elon Musk Exploring Bitcoin Adoption for Corporate Treasuries, Says Onchain Capital Co-Founder

Ran Nuener, co-founder of blockchain fund management firm OnChain Capital, says Tesla CEO Elon Musk is exploring the possibility of adding Bitcoin to his corporate treasuries.

Bill Miller-Run $2.25B Fund May Buy GBTC to Gain Bitcoin Exposure of Up to 15%

The fund noted that it would not expose more than 15% of its $2.25 billion in assets to bitcoin.

Wallstreetbets vs. Wall Street: A prelude to DeFi bursting onto the scene?

Was stock trading app Robinhood the villain in the GameStop saga? “In a decentralized trading market, no one would have that power.” Was last week’s Reddit versus Wall Street stand-off really the “beginning of the end for centralized finance,” as Gemini founder Tyler Winklevoss described it? Or was it just a one-time instance of individuals coming together to right a perceived wrong — with no long-term economic consequences? As GameStop, a struggling videogame retailer, came under attack by hedge-fund short sellers, a coalition of individuals spearheaded by r/Wallstreetbets, a Reddit forum, jumped in to save GameStop by buying its shares, driving its stock price from $20 to as high as $483 — and doing some real damage to short traders in the bargain. But then Robinhood, the insurgents’ trading platform of choice, suspended purchases of GameStop’s GME stock and seven other stocks.

Arcane Crypto Listed on Nasdaq First North at $200 Million Valuation

The crypto investment fund joins a small, but growing, segment of crypto-focused firms trading on legacy exchanges.

24-Year-Old Trader Convicted After $90 Million Crypto Scam

The young crypto fund manager stole his investors’ money to fund a lavish lifestyle and invest in ICOs.