Hedge Fund Marshall Wace to Invest in Crypto: Report
Jul 06, 2021
Jeremy Parkinson
Cryptocurrency, No picture
Marshall Wace LLP has plans to invest in blockchain technology and payment start-ups for digital currencies and stablecoins, Financial Times has reported. Marshall Wace Turns to Crypto Marshall Wace, a hedge fund with $55 billion in assets under management, is planning to break into crypto. Financial Times reported Tuesday that the firm was planning a […]
Solana’s Solrise Finance Closes $3.4M Funding Round
Jul 06, 2021
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways Solana protocol Solrise Finance has closed a $3.4 million funding round that saw participation from Alameda Research, CMS Holdings, Delphi Digital, and more. Solrise Finance allows anyone to create an investment fund and manage investors’ assets in a non-custodial manner. The team says it will use the capital to make their platform more […]
China Orders Beijing Firm to Close Over Crypto Trading
Jul 06, 2021
Jeremy Parkinson
Cryptocurrency, No picture
China’s central bank has ordered the shutdown of a Beijing-based software maker over its suspected involvement in cryptocurrency trading. Beijing Firm Closed for Suspected Crypto Ties The Chinese government is stepping up enforcement of its anti-crypto policies. Chinese authorities released a statement Tuesday detailing the actions taken against Beijing Qudao Cultural Development Co Ltd. for […]
PancakeSwap Soars After 5.3 Million CAKE Burned
Jul 06, 2021
Jeremy Parkinson
Cryptocurrency, No picture
This news was brought to you by ANKR, our preferred DeFi Partner. PancakeSwap’s CAKE token has seen a surge after the exchange completed its weekly token burn, reducing the supply of tokens by 5.3 million. It jumped 11% before cooling off early Tuesday. CAKE Climbs Following Token Burn CAKE looks to be following other DeFi […]
Beeple Helps Wimbledon NFT Sell for $178,000
Jul 05, 2021
Jeremy Parkinson
Cryptocurrency, No picture
Professional tennis player Andy Murray has sold a non-fungible token (NFT) that records his victory at Wimbledon in 2013. Wimbledon Clip Sells for Nearly $178,000 Murray’s NFT sold for $177,777 today. “The Wimbledon Final in 2013 was such a big moment in my life. I decided to work with WENEW and Wimbledon to turn this […]
U.K. Bank Barclays Blocks Card Payments to Binance
Jul 05, 2021
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways U.K. bank Barclays has confirmed customers will no longer be able to deposit funds on Binance. Barclays says it made the decision to keep customers safe. Binance has faced regulatory pressure in several countries in recent months. U.K. bank Barclays has informed customers that it will no longer allow card payments to the […]
Dfinity Criticized Over Internet Computer Fork Proposal
Jul 05, 2021
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways Dfinity founder Dominic Williams has proposed a fork of the Internet Computer network called Badlands. The new fork would come with a new token that would be airdropped to ICP holders. Critics have raised concerns about launching a new blockchain and token. Dfinity’s founder Dominic Williams has shared tentative plans of an Internet […]
Vietnam Changes Tune on Crypto with Pilot Plans
Jul 05, 2021
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways Vietnam’s central bank will begin piloting the use of crypto technology on Prime Minister Phạm Minh Chính’s request, Vietnam News has reported. The development is something of a U-turn for Vietnam, which has historically displayed aversions towards cryptocurrencies. Countries around the world have shown conflicting views on the asset class to date. Vietnam’s […]
Ohio DOJ Auctions $19.2 Million in Bitcoin Seized in 2018
Jul 05, 2021
Jeremy Parkinson
Cryptocurrency, No picture
The U.S. Department of Justice’s Northern District of Ohio has sold over $19.2 million worth of Bitcoin seized from Mark Simon, who pleaded guilty to selling counterfeit identification documents and money laundering. DOJ Auctions Seized Bitcoin The U.S. Department of Justice’s Northern District of Ohio has sold Bitcoin worth roughly $5.1 million when seized in […]
Aave to Launch Institutional Lending Markets This Month
Jul 05, 2021
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways Aave is launching a “permissioned liquidity protocol” called Aave Pro this month. Access to Aave Pro will require completion of KYC regulations and be segregated from the main decentralized markets. The team has partnered with Fireblocks to manage the KYC process. Ethereum’s largest lending protocol, Aave, will launch private lending markets for institutional […]