INVESTMENTS
CEO Sues Board Members for Seizing Control of Crypto Miner
Layer1 Technologies CEO John Harney sued two board members for profiting from mining activities.
Investors Interested in Digital Assets Despite Volatile Market
Bitcoin attracted $69 million in inflows, 90% of the week's total, according to CoinShares.
WisdomTree cryptocurrency funds lose value in fourth quarter
Despite rising revenues and fund inflows, the $82 billion fund manager posted a fourth-quarter net loss.
SEC Probes Investment Advisers Offering Crypto Custody Without Proper Qualification
After the fall of FTX and the Ripple lawsuit in 2022, the U.S. Securities and Exchange Commission (SEC) is now looking into Wall Street corporations that may be violating custody regulations.
U.S. Federal prosecutors allege that Sam Bankman-Fried has used money from FTX exchange to invest in the VC
SBF contributed $400 million in Modulo Capital. Prosecutors believe Modulo investment was made using stolen or illegal funds.
ARK Invest CEO: Crypto Assets Will See Huge Turn
ARK Invest CEO Cathie Wood predicts 2% inflation. Due to diminishing money supply, Wood expects inflation to go below this level and potentially into negative territory. The business recently sold its Grayscale Bitcoin Trust (GBTC) shares and bought 320,000 Coinbase shares for $17.6 million.
Crypto Adoption Among Women on the Rise
A new poll suggests crypto is recruiting women. According to eToro's e-Survey of 10,000+ crypto investors, women's ownership climbed from 29% to 34% in Q4 2022.
Binance CEO Estimates that the Firm May Spend Over $1B on Deals by the End of 2022
Changpeng Zhao, the CEO of global leading digital-asset platform Binance has announced that the firm may spend more than $1 billion on investment by the end of 2022
Grayscale Contacts with SEC over the Securities Status of Three Trusts
Grayscale Investments, a subsidiary of the Digital Currency Group (DCG) has been in contact with a staff of the United States Securities and Exchange Commission (SEC) over the definition of the status of three of its established Trusts.
Blockchain Security Firm Certik Raises Nearly $88m in Stock Offering
Blockchain security and audits firm, Certik raise nearly $88 million through a stock offering.
U.S. Houston Firefighter’s Pension Fund Invests $25 Million in Bitcoin and Ethereum
The Houston Firefighters' Relief and Retirement Fund, which manages nearly $5.5 billion in assets, announced that it has invested in cryptocurrencies.
Robinhood Introduces Cryptocurrency Recurring Investments
Robinhood has introduced a new feature that allows its crypto users to automatically acquire as little as a $1 worth of cryptocurrency of their choice on a monthly, weekly or even daily basis.
Best safe investments for your money in 2021
Choosing a reliable broker is a major concern if you want to trade your investments in safe hands since the safety of funds is always the most important.
Wealthfront Adds Crypto Investments to Its Trading Offerings
Wealthfront finally begins offering crypto exposure to its clients. Clients will be able to allocate up to 10% of their total portfolio to the two trusts.
Digital-Asset Investment Funds Enjoys Net Inflow of up to $63M since Five Weeks
Market analysis report shows that digital asset investment products enjoy a net flow of up to $63 million in five consecutive weeks, breaking a four week run of outflow.