A $400 billion investment management firm, Neuberger Berman, recently announced adding exposure to Bitcoin and Ether derivatives and investment vehicles as part of the firm’s fund strategy. Another Hedge Fund to Join Crypto The SEC filing outlines that the asset manager will receive exposure to cryptocurrency via a subsidiary firm —with a minimum investment of...Read More
Ripple announced that one of the leading non-bank remittance service providers in South Korea – Global Money Express Co. LTD (GME Remittance) – had joined its network. As a result, the financial institution can now connect to Siam Commercial Bank (SCB) and initiate payments between South Korea and Thailand. GME Looking to Expand According to...Read More
Ethereum price has held up well in the last 24 hours and steered clear of a major pullback. It has retested $3200 again and is on an uptrend. Over the weekend, ETH broke through the $3,200 resistance level and retraced to $2,900, forming a new higher low. Since then, the price again rose back to...Read More
Tether has yet again issued another public opinion by Moore Cayman, a provider of audit services that reassures USDTs are “fully backed by reserves.” However, the company has failed to disclose the precise nature of the reserves it’s referring to, which has raised a few eyebrows in the community. Another Public Opinion By Moore Cayman...Read More
The Massachusetts Mutual Life Insurance Company has doubled down on its BTC endeavors through a partnership with New York Digital Investment Group. Both parties aim to enable institutional clients of the insurance behemoth to receive BTC exposure. According to the announcement dated August 11th, the insurance broker, founded a decade and a half ago, has...Read More
[PRESS RELEASE – Zug, Switzerland, 11th August 2021] Concordium, a leading blockchain technologies company, and Swvl, Inc. (“Swvl”), a Dubai-based provider of mass transit and shared mobility solutions, today announced a strategic partnership to, for the first time, use blockchain technologies to develop transformative next-generation mass transit systems. Swvl is a global tech start-up based in...Read More
The Indian governing body will reportedly take measures to eliminate the use of cryptocurrencies as part of the country’s financial system. However, the existence of digital assets issued by the State is not threatened. Cryptocurrencies Fund Illegal Activities According to a recent report by The Economic Times, the government of India plans to crack down...Read More
[PRESS RELEASE – Please Read Disclaimer] July 1, 2021, was a significant day for FUN Token. The Binance-listed token became one of only 10 coins to be listed for Locked Savings at Binance, joining the likes of BTC, USDT, and LINK. Users can earn up to 45% APY on their FUN Token holdings at Binance....Read More
[PRESS RELEASE – New York, United States, 10th August 2021] BENQI, an algorithmic liquidity market protocol, and the Avalanche Foundation are collaborating on a joint liquidity mining program to celebrate the launch of the BENQI protocol on the 19th of August and the next phase of growth within Avalanche’s DeFi ecosystem. $3M of AVAX will...Read More
[Featured Content] Centralized organizations have been continuously losing people’s trust due to the tight control a single person or a group contains over certain aspects, whether they are financial, productional, or even gaming. The emergence of decentralized networks has provided an alternative, with the trend only intensifying in recent years. However, such systems also have...Read More
Singapore / Aug 10 / — TRON, one of the largest and most popular blockchain-based operating systems in the world, has announced the establishment of a $300M fund in collaboration with APENFT and WINKLink. TRON Arcade, the new $300 million fund, will invest and incubate GameFi projects over the next three years. The fund’s establishment...Read More
Coinbase has revealed its bumper profits in its second-quarter shareholder letter, released on August 10. The crypto trading platform acknowledged that the period was a strong one for growth on the back of a crypto market bull run. The key figure to take from the report is Q2 net revenue of $2 billion, its highest...Read More
