Investments Financial News
04.11 / 20:11
business
Investments
Google
CME
Deal
Google invests $1B in CME Group along with 10-year Cloud deal
Google’s parent company Alphabet has made a $1 billion equity investment in the Chicago Mercantile Exchange Group, the exchange responsible for many crypto derivatives products.
04.11 / 16:29
business
Blockchain
Investments
Bitcoin
Kevin Durant’s new SPAC firm to focus on crypto and blockchain
Kevin Durant, a two-time NBA champion, has launched a special purpose acquisition company (SPAC) to look at collaborating with technology-driven businesses, including cryptocurrency enterprises. The firm was established in conjunction with Durant's business associate Rich Kleiman.
04.11 / 09:05
cryptocurrency
Investments
Personal Finance
cryptocurrency in india
Why Nilesh Shah, CEO, Kotak Mahindra mutual fund advises investors to focus more on the green zone of the stock market
It’s not enough that you invest in equity markets, says veteran fund manager Nilesh Shah. The quality of holdings and the amount of time you are willing to give to your portfolio is also important
04.11 / 05:27
Adoption
Investments
Survey
Survey finds lower paid workers are quitting jobs thanks to crypto profits
Data suggests that some low-paid members of the workforce are quitting their jobs after making life-changing crypto gains.
03.11 / 19:31
Adoption
Investments
Bloomberg
Bitcoin
Money managers with zero crypto exposure risk being left behind — Bloomberg strategist
The career risk surrounding cryptocurrency is shifting to money managers who don’t have exposure to digital assets as opposed to those who are already invested, highlighting a dramatic shift in institutional acceptance of Bitcoin (BTC) and decentralized finance, according to Bloomberg’s senior commodity strategist Mike McGlone.
02.11 / 16:55
business
Ethereum
Investments
Bitcoin
MICRO
ATH
CME introduces micro Ether futures as ETH nears ATH above $4,4K
The Chicago Mercantile Exchange (CME), one of the world’s biggest derivatives marketplaces, continues expanding its cryptocurrency derivatives offerings by adding a new Ether (ETH)-based product.
02.11 / 16:55
Blockchain
Investments
Trading
Bitcoin
Is ‘Bitcoin season’ real or a maximalist theory?
With Bitcoin (BTC) continuing to hold ground above the all-important $60,000 psychological threshold for two weeks running, a growing chorus of voices seems to be echoing the sentiment that the market may be in the midst of another “Bitcoin season.”
02.11 / 15:19
Investments
Scams
White Paper
BBC
collapses
Game over! Squid Game-inspired crypto scam collapses as price crashes from $2.8K to zero
A cryptocurrency inspired by Netflix's internationally hit TV show "Squid Game" scammed investors in what appears to be a $3.38 million "rug pull" scheme.
02.11 / 10:15
business
defi
Investments
Funding
The Sandbox raises $93M to expand its NFT metaverse
The metaverse continues to be the next attraction point of crypto for investors, with The Sandbox, an Animoca Brands subsidiary and nonfungible token (NFT) metaverse platform, raising fresh capital in a funding round led by SoftBank Vision Fund 2.
29.10 / 19:51
business
Investments
Funding
Backed
Rally founders launch crypto venture studio backed by a16z partner
Two blockchain entrepreneurs have launched a new cryptocurrency fund designed to bootstrap promising Web 3 startups, sending a strong signal that venture capital is eyeing the next builders of the decentralized internet.
29.10 / 05:31
business
Adoption
Investments
Ark
Cathie Wood's ARK snaps up $80M Robinhood shares after crypto led price dip
ARK Invest, the investment management firm focused on innovative tech led by Cathie Wood, took advantage of a dip in the price on Wednesday to buy nearly $80 million worth of Robinhood stock.
28.10 / 21:27
business
Blockchain
Adoption
Investments
Voyager Digital announces $75M strategic investment from Alameda Research
U.S.-based cryptocurrency brokerage firm Voyager Digital announced a $75 million investment from cryptocurrency quantitative trading firm and liquidity provider Alameda Research on Thursday. Founded in 2018, Voyager Digital offers more than 60 digital currencies for trade on its mobile app, which also includes services such as yield farming.
28.10 / 17:27
business
Investments
Developers
Web3
Biconomy raises $11.5M through CoinList token sale
Multichain transaction network Biconomy has concluded a public token sale of its BICO cryptocurrency, onboarding more than 12,500 new tokenholders in the process, the company announced Thursday.
28.10 / 01:11
Blockchain
Technology
defi
Investments
financing
Infrastructure platform Quicknode raises $35M in Series A financing
Quicknode, a Miami based blockchain infrastructure platform, announced the completion of a $35 million Series A round of financing on Wednesday, led by Venture Capital firm Tiger Global. Seven Seven Six, Soma Capital, Arrington XRP Capital, Crossbeam and Anthony Pompliano also participated in the round. This follows a $5.3 million seed round back in March, and brings the total investment in the company to just north of $45 Million.
27.10 / 20:39
Conference
Investments
Bitcoin
Putin’s internet ombudsman pessimistic about crypto regulation
Despite Russian officials' increased interest in cryptocurrencies like Bitcoin (BTC), Russia’s internet ombudsman expressed confidence that local crypto regulations will remain largely prohibitive.
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