Cryptocurrency Analysis and News Portal
The Chinese government appears to be more bullish on the cryptocurrency industry than one might think, as a major state company is reportedly launching new cryptocurrency funds.CPIC Investment Management, a subsidiary of China Pacific Insurance (CPI), is launching two crypto funds in partnership with the investment firm Waterdrip Capital, the
Read More
"First Mover" dove into the crypto markets ahead of Shapella, a portmanteau of Shanghai and Capella, two major Ethereum network upgrades expected to occur simultaneously on April 12. Victoria Bills, Banrion Capital Management Chief Investment Strategist, joined the conversation. Ronit Ghose, Future of Finance Global Head at Citi, explained why
Read More
"It's a natural next step after leading Amber's expansion in the Western hemisphere, which was focused on regulatory compliance," Raazi said in the statement. "With 25 years of sales and trading leadership experience, in both New York and London, at Goldman Sachs and at start-ups, I'll be helping the EDG
Read More
"Bitcoin Ordinals brought an entirely new layer of engagement to the Bitcoin network but, upon launch, the surrounding ecosystem missed key security components to ensure high-value Ordinals Inscriptions were safeguarded,” Chen Fang, BitGo's chief operations officer, told CoinDesk over email. Original Source
Read More
The Alibaba growth sentiment has spread to the entire Chinese sector with the shares of other competing firms soaring following the news. The shares of Chinese multinational e-commerce and tech giant Alibaba Group Holding Ltd (HKG: 9988) is trading at a very high growth rate today as the company said it
Read More
Zurich-based digital asset bank Sygnum is seeing an influx in inquiries from international crypto firms looking for new banking partners following the recent collapses of crypto-friendly banking giants in the United States.Dominic Castley, chief marketing officer at Sygnum, told Cryptox in an email that they are receiving more onboarding inquiries
Read More
According to Navier, the existing two models available come with a lot of uncertainty. In the Compass Mining model, you have to trust another firm of delivering the right machines at the right time, without any damage, and then sign an agreement for hosting, and hope there are no “gotchas”
Read More
Bankrupt crypto exchange FTX is seeking to recover $460 million of allegedly misappropriated customer funds from venture capital (VC) firm Modulo Capital, which received a sizeable investment from Alameda Research last year.As previously reported, FTX’s sister trading firm, Alameda Research was understood to have invested around $400 million in Modulo
Read More
United States Senators Elizabeth Warren and Ron Wyden have cited the recent collapse of three major banks to call on the Public Company Accounting Oversight Board to “rein in” audits of crypto firms.In a March 21 letter to Public Company Accounting Oversight Board chair Erica Williams, Warren and Wyden reiterated
Read More
Under the CoinRoutes’ setup, clients have their own servers, but reams of data on historical crypto trades are stored on regional servers. Weisberger said the cost of storing the data on their own servers can reach $25,000 in some cases. Instead, they can access the data from the regional servers
Read More