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” Virginia county Fairfax commits $35M to Van Eck crypto lending fund “ Virginia county Fairfax has begun investing a portion of a $35 million allotment into a cryptocurrency lending fund managed by global asset managers VanEck. The firm announced that it had received an initial tranche of the investment commitment from Fairfax County, which…
” With the bear market in full throttle, crypto derivatives retain their popularity “ The 2022 cryptocurrency bear market has been the worst on record as most Bitcoin traders are underwater and continue to sell at a loss. In response to the rapid decline of token prices, some investors have fled to safe-haven assets; some…
” Hodlers and whales: Who owns the most Bitcoin in 2022? “ One of the main features of the Bitcoin blockchain is its transparency. Bitcoin lets anyone see every transaction that has ever been made on its network and check the balance of every address out there. Because of this transparency, we’re able to know…
” BlockFi announces deal with FTX US, including ‘option to acquire’ for $240M “ FTX US has inked a deal with BlockFi that will give the crypto derivatives exchange the option to purchase the lending firm. In a Friday Twitter thread, BlockFi CEO Zac Prince said the crypto lending firm had signed agreements with FTX…
” NYDIG study calculates the value of regulation worldwide in terms of BTC price gains “ The need for regulation is a common theme in discussions about cryptocurrency, and the claim is often taken to be self-evident. Now, financial services company New York Digital Investment Group (NYDIG) has done some number crunching to prove the…
” Are custodied crypto funds at risk? Industry veterans explain “ With rumors of insolvency flying high among crypto firms such as Celsius and Three Arrows Capital, investors couldn’t help but ask a simple question: What happened to all the funds that were supposedly under “safe custody?” As it turns out, a small fraction of…
” How crypto is attracting some institutional investors — Huobi Global sales head “ James Hume, head of sales at Huobi Global, said t while some institutional investors have gotten “cold feet” over crypto, many with billions of dollars are exploring the space. Speaking to Cointelegraph at the European Blockchain Convention on Tuesday, Hume said…
” Crypto more popular among millennials than mutual funds, survey shows “ A report published by investing firm Alto surveyed adults based in the United States to find out their preferences in investing. The results showed that more millennials from ages 25 to 40 are investing in crypto compared to those of the same age…
” Unizen ‘CeDeFi’ smart exchange secures $200M investment from GEM “ Cryptocurrency exchange Unizen has scored a $200 million investment from private equity group Global Emerging Markets (GEM) which it will use to expand its business and its ecosystem. Rather than receiving the $200 million in funding all at once, Unizen noted on June 27…
” ‘Crypto is just like the end of the 90s with the internet bubble,’ says Hodl CEO Maurice Mureau “ For Maurice Mureau, CEO of crypto investment fund operator Hodl, there’s “not a lot left” to invest in anymore. With soaring inflation, bonds are no go, real estate is getting more difficult but there is…