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“# Dubai regulator announces new regulations for investment tokens ” The Dubai Financial Services Authority (DFSA) has established a regulatory framework for investment tokens as part of its efforts to stimulate the digital financial and technological environment while also meeting market players’ demands and requirements. The DFSA is an independent regulatory body in Dubai that…
“# Okcoin reports altcoins drove institutional interest in crypto for 2021 ” Cryptocurrency exchange Okcoin has reported the number of and trading volume of institutions surged significantly in the last year, driven largely by stablecoins and tokens in decentralized finance. In a report released on Oct. 26, Okcoin said it had seen a 450% increase…
“# Bakkt shares skyrocket after partnering with Mastercard and Fiserv ” The share price of the Intercontinental Exchange-backed crypto services company Bakkt ($BKKT) has surged as it unveiled two partnerships with major global payments firms. On Monday 25 Oct., Mastercard announced it would be working with digital asset platform Bakkt to allow its customers based…
“# BitGo integrates Stacks, bringing Bitcoin DeFI to institutions ” Beginning Monday, BitGo will offer institutional token holders the ability to earn Bitcoin rewards through the Stacks token, which is also known as STX. Through a process known as Stacking, STX token holders can earn BTC rewards directly in their wallets. Unlike other yield-earning services,…
“# Anyone who studies Bitcoin ends up investing in it, says Scaramucci ” Investors who carefully study Bitcoin (BTC) are eventually convinced to own a stake in the cryptocurrency, according to SkyBridge Capital CEO and founder Anthony Scaramucci. In a Monday interview with CNBC’s Capital Connection, Scaramucci — who also served a 10-day stint as…
“# Crypto investments a financial backup for Facebook whistleblower ” Frances Haugen, a former Facebook employee turned whistleblower, revealed that her refuge in Puerto Rico is currently being supported by an auspiciously timed cryptocurrency investment. Haugen worked as a Facebook product manager before accusing the company of spreading controversial and insensitive misinformation. She allegedly possesses…
“# Valkyrie Bitcoin futures-linked ETF launches on Nasdaq, with share prices dropping 3% in first hour ” The second Bitcoin (BTC) futures-linked exchange-traded fund in the United States began trading on the Nasdaq, opening at a price of $25.52 per share. According to the Nasdaq, digital asset manager Valkyrie’s Bitcoin Strategy ETF, the second exchange-traded…
“# Pension fund for Texas firefighters reportedly allocates $25M to Bitcoin and Ether ” The pension fund for firefighters in Houston has allocated part of its $4 billion portfolio towards crypto. According to an Oct. 21 Bloomberg report, the Houston Firefighters’ Relief and Retirement Fund used the New York Digital Investment Group, or NYDIG, to…
“# FTX crypto exchange raises $420M from 69 investors ” FTX, one of the largest cryptocurrency exchanges in the world, has raised $420 million in fresh funding, bringing its total valuation to $25 billion. The firm officially announced Thursday that FTX’s operator, FTX Trading, has completed a new Series B-1 fundraise involving 69 investors, including Ontario…
“# PayPal co-founder Peter Thiel says he ‘underinvested’ in Bitcoin ” As Bitcoin (BTC) marked a new all-time high above $67,000, PayPal co-founder and billionaire venture capitalist Peter Thiel said he should have bought more Bitcoin. Thiel spoke of cryptocurrencies, central banks and artificial intelligence (AI) during an interview in Miami hosted by policy think…