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“# Report: CoinSwitch Kuber poised to become India’s second crypto unicorn ” India’s recent past has been tumultuous on the cryptocurrency front, yet the local industry is nonetheless rumored to be on the verge of producing another crypto unicorn. According to an unconfirmed report published Tuesday, sources allegedly familiar with the matter have claimed that…
“# German asset manager Union Investment seeks BTC exposure for several funds ” Union Investment, a $500 billion asset manager, is planning to add Bitcoin (BTC) to several investment funds as part of a targeted pilot program for its institutional clients, offering compelling evidence that crypto is becoming more mainstream in Europe’s largest economy. The Frankfurt-based…
“# Blockchain security company GK8 announces custody partnership with Stellar ” Blockchain cybersecurity company GK8 will be offering custody and tokenization services to the Stellar network, a move that could spark institutional interest in the Stellar Lumen (XLM) token. By integrating with Stellar, customers of GK8 can access XLM investments in a custodial setting, opening…
“# US SEC releases fresh investor alert against crypto investment scams ” The United States Securities and Exchange Commission (SEC) published a new alert about investment scams related to digital assets and cryptocurrency. The announcement shared by the SEC’s Office of Investor Education and Advocacy and Division of Enforcement’s Retail Strategy Task Force highlighted the…
“# Franklin Templeton seeks experts for Bitcoin trading and crypto research ” Franklin Templeton is the latest investment company to go on a cryptocurrency hiring spree by posting fresh job applications seeking crypto professionals. The American asset manager is looking for two medium-senior level experts to lead its crypto trading and research efforts, according to LinkedIn…
“# SBI reportedly looks to launch crypto fund in Japan by December ” Japanese financial conglomerate SBI Holdings is reportedly planning to set up one of the first funds in the country giving investors exposure to crypto. According to a Thursday Bloomberg report, SBI, aiming to have a crypto fund available by the end of…
“#Vice Media faces uncertain future after SPAC talks fall through” The once bright star of Vice Media could now face a darkening future after talks to go public through a special acquisition company fell through. The Brooklyn-based media company that was founded by the bombastic exec Shane Smith, has ended talks to go public via…
“#Ark’s Cathie Wood doubles down on Zoom after stock sinks” Polarizing tech investor Cathie Wood doubled down on Zoom — even as the videoconferencing company’s stock plummeted 17 percent on Tuesday on forecasts for slower growth. Wood on Tuesday bought more than $50 million of Zoom stock through two exchange-traded funds she manages at her…
“# Survey finds 77% of Russian investors prefer Bitcoin to gold and forex ” Cryptocurrencies like Bitcoin (BTC) are getting increasingly popular with Russian investors, apparently displacing traditional investment products, according to a new survey. Russia’s Association of Forex Dealers (AFD), a local self-regulatory organization focused on the foreign exchange market, polled 502 Russian investors…
“# Anthony Scaramucci: $100K per BTC by year-end is still within reach ” Anthony Scaramucci, CEO and founder of SkyBridge Capital, thinks Bitcoin (BTC) can reach $100,000 before the end of the year, mainly due to the exponential growth in demand every month. “The bottom line is you have the limited and fixed supply of…