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investment

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10 Jun 23

blockchain gaming revenue rose in May as investment soar to $476 million

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied A DappRadar report reveals that revenue in blockchain gaming rose in May. Despite a slight slip in dominance, the industry witnessed a 6% month-to-month increase in unique active wallets (UAW). Gaming continued to command a significant share of on-chain activity. The […]

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01 Jun 23

US investment bank Cowen shuts crypto trading unit

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Cowen Inc. has indefinitely suspended its digital assets trading unit. The bank’s digital asset service exposed institutional investors to 16 cryptocurrencies, including bitcoin (BTC) and ether (ETH). Cowen Inc., an over-a-century-old full-service investment bank acquired by North America’s leading lender, TD […]

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29 May 23

Temasek reduces compensation for staff responsible for botched FTX investment

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Singapore-based investment firm, Temasek Holdings, has cut down the compensation of its executives responsible for the failed investment in the now-bankrupt crypto exchange, FTX. Temasek disappointed in failed FTX investment Lim Boon Heng, the chairman of Temasek Holdings, said the firm would reduce […]

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21 May 23

Analyst urges investment in bitcoin and treasuries, warns of US bank risks

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied In his latest interview on Stansberry Research with Daniela Cambone, Macro Guru Hugh Hendry, expanded his views on the U.S. banking system amid the uncertainty surrounding the financial sector. Specifically, he urged people to consider bitcoin (BTC) as part of their investment. […]

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17 May 23

Tether shifts investment focus to Bitcoin

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Tether International Limited (Tether), the manager of the popular stablecoin, has unveiled a new investment strategy for its reserves portfolio. The company will allocate a portion of its net realized operating profits, up to 15%, towards acquiring bitcoin (BTC) on a […]

15 May 23

Soluna stock rises after Navitas makes $14m investment

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Crypto mining data center Soluna Holdings (SLNH) shares experienced a significant 12.25% increase on May 15 as it announced a $14 million funding agreement with Navitas Global, which is earmarked for the completion of Project Dorothy 1B in Texas. This infusion […]

How the Cryptocurrencies Change the Gambling2

13 May 23

Exploring PoolLotto. Finance’s technology and investment potential in 2023

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied With the online gambling world evolving, numerous popular crypto lottery sites have emerged. But here’s the catch. Most are limited to lottery or provide very few investment assets for users. Pool Lotto Finance describes itself as an invention in the crypto-lottery […]

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10 May 23

SEC faces criticism from five investment firms over custody rule proposal

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Bain Capital Crypto and other prominent investment firms voice concerns over the proposed SEC custody rule change. Representatives from Bain Capital Crypto, Electric Capital, Haun Ventures, Dragonfly Digital and Ribbit Capital have joined other industry voices in opposing the Securities and […]

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28 Apr 23

Gensler marks cryptocurrencies as ‘investment contracts’

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied SEC Chair Gary Gensler‘s recent remarks on digital currencies have ignited a firestorm within the crypto community. Intermediaries for investment contracts are required to comply with securities laws & register with @SECGov. Instead, many crypto platforms are contending that their investment […]

Bybit trading volumes surge amid USDC volatility

27 Apr 23

iZUMi launched on zkSync after $22m investment

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied iZUMi Finance, a protocol for providing liquidity as a service (LaaS) all in one place, revealed that they had successfully raised $22 million that will be used to facilitate the launch of iZiSwap Pro, a decentralized exchange (DEX) that operates on […]

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