The company’s Crypto20 index fund registered 221% growth quarter-over-quarter. Cryptocurrency asset manager Invictus Capital saw significant growth in assets under management during the first quarter, highlighting the rapid uptake of digital assets among institutional investors. Assets under management surged by 50% to $112 million in the quarter ending March 31, Invictus disclosed Thursday. The company’s…
Read more
U.S. lenders are keen to get in on the crypto trading action and could soon allow customers to buy Bitcoin right from their accounts. The era of American banks regarding cryptocurrencies as evil might be coming to an end. According to a report by CNBC on Wednesday, New Digital Investment Group has inked a partnership…
Read more
Real-world adoption and a growing DeFi ecosystem help lift the price of WAVES to a new all-time high. Real-world adoption and the ability to service the needs of a wide range of industries are key qualities to have for blockchain projects that seek long-term viability in an increasingly crowded and evolving landscape. One cryptocurrency project…
Read more
According to CEO Jamie Iannone, eBay will be “looking at it and exploring opportunities” to enable nonfungible tokens. Major online marketplace eBay will be pursuing crypto payment options for its customers as well as exploring ways to introduce nonfungible tokens to the platform. In an interview with CNBC today, eBay CEO Jamie Iannone said the…
Read more
Nas’ stake in Nasdaq-listed crypto exchange Coinbase is estimated to be around $40 million. American rapper and cryptocurrency investor Nasir Jones, better known by his stage name Nas, has invited fans to join the cryptocurrency industry in a newly released track. Released last week, “Sorry Not Sorry” is a collaboration between DJ Khaled, Nas, Jay-Z…
Read more
Vitalik Buterin’s crypto holdings have doubled since January 2021 to surge above $1 billion. Vitalik Buterin, a co-founder of the world’s most popular smart contract platform, the Ethereum blockchain, has officially become a crypto billionaire. Buterin’s public Ether address that he described as his main wallet back in 2018, has hit $1 billion on its…
Read more
Mainstream adoption of emerging technologies such as blockchain is inevitable, a transformation that younger generations will carry out. Blockchain technology is one of the most promising technologies of our times, and the core concept of it is really simple. Essentially, it is a public ledger or database, and I think that public education about what…
Read more
Crypto could still be in its infancy, according to one mainstream company’s CEO. Although the crypto space has been around for more than a decade, William Stromberg, CEO of mainstream investment management outfit T. Rowe Price, thinks the asset class is still finding its sea legs. “It’s early days,” Stromberg told the Baltimore Business Journal…
Read more
Mercado Libre’s move to accept cryptocurrency payments for real estate could usher in a new way of crypto mass adoption in South America. On April 28, MercadoLibre (MELI), the largest Latin American online marketplace, launched a real estate section dedicated to cryptocurrencies. Although the company does not settle property transactions directly, it legitimizes the category…
Read more
Regulated decentralized finance that combines permissioned layer-two protocols and a public blockchain network could be the future of fintech. John Whelan, the head of Banco Santander’s blockchain lab in Madrid, recently touted the potential for increased decentralized ledger technology adoption in mainstream finance. Speaking during a webinar organized by Fintech Surge and the Future Blockchain…
Read more
