Investment

DeFi

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.

Business  ·  9 February 2021
Investment

Following GameStop, South Korea Financial Regulator Extends Ban on Short Sales

Caving to pressure from retail traders, South Korea's ban on short-selling has been extended through May 2021.

News  ·  4 February 2021
Mining

California Pension Fund Loaded Up on RIOT Shares During Bitcoin’s Q4 Rally

The largest public pension in the U.S. bought more RIOT shares for the first time since 2017.

News  ·  2 February 2021
CoinFlash

Grayscale Reopens Its Ethereum Trust to Investors

The ether trust had been closed in late December.

Markets  ·  1 February 2021
CoinFlash

Digital Asset Manager Grayscale Eyes DeFi Space With New Trust Filings

Trusts for aave, cosmos and polkadot, as well as privacy coin monero and cardano, have been registered in Delaware.

Business  ·  28 January 2021
CoinFlash

Stellar Development Foundation Invests $5M in Crypto Payments Firm Wyre

A Wyre integration will introduce a variety of APIs that can be used by financial apps on the Stellar network.

Business  ·  26 January 2021
CoinFlash

Bank of Singapore Says Crypto Could Replace Gold as Store of Value

Cryptocurrencies need to overcome a number of hurdles first, though, according to a research note.

Markets  ·  25 January 2021
Grayscale

Grayscale May Have Laid Groundwork for 5 More Potential Crypto Trusts

Trusts for chainlink, basic attention token, decentraland, livepeer and tezos were all recently registered in Delaware.

Business  ·  22 January 2021
Investment

Grayscale Once More Accepting New Clients for Most Crypto Trusts

Grayscale's ether and XRP trusts are still closed to new investors.

Markets  ·  12 January 2021
MicroStrategy

Morgan Stanley Boosts Stake in Bitcoin-Laden MicroStrategy to 10.9%

Morgan Stanley now owns 792,627 shares in the company best known for using its treasury funds to load up on bitcoin.

Markets  ·  8 January 2021
CoinFlash

Grayscale CEO Says Crypto Interest Is Rising From Pension, Endowment Funds

Michael Sonnenshein said institutions are also making larger allocations to its crypto products.

Markets  ·  8 January 2021
Coinbase

PayPal, Coinbase Invest in Crypto Tax Automation Startup TaxBit

PayPal Ventures, Coinbase Ventures and Winklevoss Capital invested an undisclosed amount in the firm.

Business  ·  7 January 2021
CoinFlash

Bitwise’s Crypto Assets Under Management Rise Fivefold in Just 2 Months

Bitwise, a provider of crypto index funds, said it has now surpassed $500 million in assets under management.

Business  ·  4 January 2021
Canada

Michael Saylor of the North? Canadian Firm NexTech AR Uses $2M of Treasury Funds to Buy Bitcoin

NexTech's Evan Gappelberg is the latest CEO to use company treasury funds to buy bitcoin.

News  ·  29 December 2020
Canada

Nasdaq-Listed Canadian Firm to Invest Over $1M in Bitcoin

Mogo, a Canadian fintech listed on the Nasdaq and Toronto stock exchanges, said it may make further bitcoin investments next year.

Business  ·  23 December 2020