crypto inquiry
UK Parliamentary Group Seeks Public Comment for Shaping Ecosystem in Crypto Sector
The United Kingdom’s Crypto and Digital Assets All Party Parliamentary Group (APPG) is calling for public comments as it commences its inquiry into the emerging blockchain ecosystem in the UK.
India's Largest Crypto Exchange CoinDCX Raises $2.5 Million in New Growth Capital to Increase User Base
CoinDCX, India’s largest crypto exchange, has announced that it has raised $2.5 million from investors like Polychain Capital and Coinbase Ventures. Polychain Capital led the funding round with support from Coinbase Ventures, the investment arm of the US cryptocurrency exchange Coinbase. CoinDCX had raised a $3 million Series A round earlier in March, which was also led by Polychain Capital and included HDT Group (operator of BitMEX) and Bain Capital Ventures. The company’s other main investor, Coinbase Ventures, has also made investments in other crypto businesses like BlockFi, Messari, Compound, Securitize, and Etherscan.
Paul Tudor Jones' Bet on Bitcoin Supported by CME’s Bitcoin Futures CFTC Data and PwC’s Latest Crypto Report
In an annual report by Elwood Asset Management and consulting firm PricewaterhouseCoopers (PwC), the value of assets under management at cryptocurrency hedge funds has soared to $2 billion, doubling the value in 2019. Billionaire hedge fund manager Paul Tudor Jones was reportedly looking to buy Bitcoin to hedge against inflation as central banks across the world are printing money to relieve economies affected by the coronavirus pandemic.
Two Canadian Nationals Face Two Years in US Prison for Alleged Bitcoin Fraud
The US Department of Justice has sentenced two Canadian nationals to two years in the US federal prison for using a fake Twitter account to steal Bitcoins from an innocent US victim.
Concerns Arise as North Korea’s Financial Services Commission Unsure of Its Cryptocurrency Mandate
The Financial Services Commission of North Korea, which is supposed to be in charge of the supervision of cryptocurrencies, asked which ministry is responsible.
United States Moves Forward With Crypto Regulation
Two new crypto-related bills were discussed among the House Agriculture Committee this week as the United States moves forward with crypto regulation.
Silvergate Bank Contemplates Crypto-Lending
Silvergate Bank seeks to become a crypto lender based on the considerable demand witnessed in this sector.
Chinese Crypto Investors Orchestrated Digital Heist to Recuperate Lost Crypto
China-based crypto investors launched a cryptocurrency scam of their own, after having been defrauded themselves.
Crypto Fund Managers Infuriated with UK Watchdog's Recent Ban on Crypto Derivatives
Crypto fund managers have released an angry response to the UK financial regulator's recent ban on the sales of crypto derivatives to retail consumers.
Crypto Assets Conference 2020B
On October 29-31, 2020, the Frankfurt School Blockchain Center is organizing the Crypto Assets Conference (CAC) for the fourth time. Blockchain technology was born through the invention of Bitcoin and has since then created hundreds of digital assets and spurred the development of business models building on decentralized networks. Together with executives, founders, investors and representatives from public authorities the conference covers both the public blockchain (crypto assets) and the enterprise blockchain domain (DLT). The CAC makes the audience familiar with the current trends in DLT, blockchain and crypto assets.
Crypto Fest 2.0 Rumble in the Crypto Jungle
Crypto is heating up once again! DeFi has exploded onto the scene, scalability of Ethereum is in question and gas fees are out of control, interest in central bank digital currencies (CBDCs) is hot, regulators are scrutinising closely and expectations that bitcoin is going to moon soon, is causing a rumble in the crypto jungle!
What is Crypto Arbitrage? Trading on Crypto Pricing Imbalances of Exchanges
Crypto arbitrage is a term used to describe a method of crypto trading that takes advantage of price imbalances for digital assets on exchanges.
Crypto Interest in Asia is Brewing, Showing Long-Term Optimism in the Market
Crypto analyst Joseph Young has disclosed that Asia is showing considerable interest in the crypto market.