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First Crypto Fund Approved by Hong Kong’s Financial Regulator Aims to Pass $100M in its First Year

First Crypto Fund Approved by Hong Kong’s Financial Regulator Aims to Pass $100M in its First Year

Hong Kong’s first approved cryptocurrency fund, Arrano Capital, the blockchain arm of Venture Smart Asia announced its rollout of a new Bitcoin fund in Hong Kong.

UNICEF Unveils Cryptocurrency Donation Fund

UNICEF Unveils Cryptocurrency Donation Fund

UNICEF has launched a cryptocurrency fund intended for open-source technology funding, whereby Ether and Bitcoin will be accepted. The donations will be beneficial to young people and children across the globe.

European Union Parliament Considers Petition for Crypto Fraud Victims Fund

European Union Parliament Considers Petition for Crypto Fraud Victims Fund

European Union Parliament is considering a petition from a consortium of individuals and companies to establish a restitution fund for victims of crypto-fraud.

Grayscale Bitcoin Trust Files to Become First Fund to Report to SEC

Grayscale Bitcoin Trust Files to Become First Fund to Report to SEC

Grayscale Bitcoin Trust (GBTC) has positioned itself to become the first cryptocurrency investment fund to achieve a reporting status to the United States Securities and Exchange Commission (SEC).

Feeling Left Out? EU Establishes Approximately €400m Blockchain & AI Fund

Feeling Left Out? EU Establishes Approximately €400m Blockchain & AI Fund

The European Commission and European Investment Fund (EIF) have launched a €2B fund to be invested in fundamental technologies. Nearly €300-€400M will be invested in blockchain and artificial intelligence (AI) amid fears that China and the US are setting a precedent in these areas.

Total Value Locked in DeFi Hits $30 Billion as Positive Sentiment Surrounds Cryptocurrency Market

Total Value Locked in DeFi Hits $30 Billion as Positive Sentiment Surrounds Cryptocurrency Market

The Total Value Locked (TVL) in DeFi has topped a new all-time high at $30 billion.

Franklin Templeton to Enable Money Fund Shares on Stellar Network

Franklin Templeton to Enable Money Fund Shares on Stellar Network

Global investment fund Franklin Templeton Investments filed a preliminary prospectus with the United States Securities and Exchange Commission (SEC) for a money market fund where shares would be recorded and tokenized on the Stellar Network.

UNICEF Cryptocurrency Fund Invests in Tech Startups Fighting COVID-19 in Emerging Economies

UNICEF Cryptocurrency Fund Invests in Tech Startups Fighting COVID-19 in Emerging Economies

Eight technology companies in developing and emerging economies will receive investment from the UNICEF Cryptocurrency Fund (CryptoFund) to solve local and global challenges.

Largest U.S. Public Pension Fund Holds Over 100,000 Shares in Bitcoin Miner RIOT Blockchain

Largest U.S. Public Pension Fund Holds Over 100,000 Shares in Bitcoin Miner RIOT Blockchain

The largest U.S. public pension fund, CalPERS increased its stake in RIOT Blockchain (RIOT), a Bitcoin mining firm, during Bitcoin’s sensational price surge at the end of 2020.

Ethereum and DeFi Tokens Plummet Amid High Selling Pressure

Ethereum and DeFi Tokens Plummet Amid High Selling Pressure

Popular DeFi tokens, including Yearn.finance (YFI), and Uniswap (UNI) have also witnessed strong corrections in the past few days.

3 Platforms Making DeFi More Inclusive

3 Platforms Making DeFi More Inclusive

Decentralized finance (DeFi) is taking the world by storm. Owners of cryptocurrencies can unlock an alternative financial system that offers better rewards than traditional bank accounts and carries more risk. Several trends in the DeFi space are emerging lately, as are the new protocols trying to capitalize on this momentum.

China is Expecting its First-Ever Blockchain Exchange-Traded Fund

China is Expecting its First-Ever Blockchain Exchange-Traded Fund

Shenzhen is expecting its nation’s first exchange-traded fund (ETF) that will track blockchain-themed stocks as underlying assets.

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