India’s chief security regulator the Securities and Exchange Board of India (SEBI) warned mutual funds against investing in crypto assets until clear regulations come out. In a press conference, the…
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Funds
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- Blockchain
Russian Central Bank Bars Mutual Funds from Investing in Cryptocurrencies
by Mikiby MikiThe Bank of Russia has issued new rules for the mutual funds operating their businesses in the country, banning mutual funds investment in cryptocurrencies. On Monday, December 13, the…
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As Covid-19 spread across Venezuela last year, politicians opposed to Nicolás Maduro’s authoritarian government wanted to help health workers who were battling the pandemic in dire conditions, often without protective…
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Fidelity Canada has succeeded in launching its Bitcoin exchange-traded fund (ETF) as well as the Fidelity Advantage Bitcoin ETF Fund (mutual fund) on December 2, thus becoming only the first…
- Bitcoin
Singapore Greenlights Two New Institutional Grade Physical Bitcoin (BTC) Funds
by Mikiby MikiThe Monetary Authority of Singapore (MAS) green-lighted two new institutional-grade Bitcoin Funds issued by leading asset manager Fintonia. The two Bitcoin funds namely The Fintonia Bitcoin Physical Fund and the…
- Blockchain
Staking Rewards Raises $3.2M Equity from Crypto’s Largest Funds Ecosystem
by Mikiby MikiCrypto data aggregation startup, Staking Rewards says it has raised $3.2 million from the biggest fund managers in the cryptocurrency ecosystem. The funding round was led by Galaxy Digital, CoinShares,…
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Top stablecoin Tether has emerged to become the cryptocurrency industry’s primary crutch over the past seven years, according to a new report. The report noted that Tether acts as a…
- All Alt Coin
When should investors redirect funds from Ethereum Classic to another crypto
by Mikiby MikiEthereum Classic’s market has not subjected itself to any sort of bullishness for quite some time now. Even though the ‘rise in price’ narrative is gaining steam in the broader…
- All Alt Coin
Squid Game Crypto Causes Authenticity Concerns as Investors Cannot Access Funds
by Mikiby MikiThe Squid Game crypto, modeled after the barnstorming TV show, is raising a lot of red flags in the crypto space. A Squid Game crypto, inspired by the popular Netflix TV…
- Blockchain
Decentralized Finance BXH Network Records a Protocol Hack with about $130M in Stolen Funds
by Mikiby MikiDecentralized trading platform BXH Network has suffered a system breach that has resulted in about $130 million from the protocol. While the initial announcement from the company noted that only…
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