Cryptocurrency Analysis and News Portal
Crypto custodian Hex Trust has secured $10 million in fresh funding to further the market infrastructure and security of its licensed custody platform, Hex Safe.Animoca Brands, a gaming and non-fungible token unicorn, led the round. Participation in the investment round also came via Ripple Labs, Algorand Foundation, BCW Group, Tessera
Read More
Investors who survived the 2008 financial crisis understand the importance of liquidity. When an economic recession starts, deflationary pressure hits the market, and buyers disappear. Sellers frantically try to sell assets before their prices drop further, but buyers want to de-risk and go into safe-haven assets, such as treasury bonds
Read More
Flourish Crypto is being launched in partnership with Paxos, the infrastructure provider that connects traditional payment services to cryptocurrency markets. Sep 30, 2021 at 4:49 p.m. UTCUpdated Sep 30, 2021 at 5:42 p.m. UTCMassMutual (SmithCollection/Gado/Getty Images) Source
Read More
Investment giant KKR & Co has made its first blockchain-related investment with a stake in the flagship fund of ParaFi Capital, ParaFi confirmed to CryptoX on Thursday. Bloomberg first reported on the investment this week.KKR’s investment in the ParaFi fund, which focuses on decentralized finance markets, was made directly from
Read More
Leading Brazilian investment bank BTG Pactual has launched a new platform enabling customers to make direct investments in cryptocurrencies.The bank’s Mynt platform currently allows users to purchase Bitcoin and Ether, with BTG Pactual expressing its intention to launch support for additional crypto assets in the future. Andre Porthilo, BTG Pactual’s
Read More
BTG Pactual’s crypto arm, called Mynt, will be available in the last quarter of 2021 and allow exposure to bitcoin and ether, the company said, adding that it would make the service available to users of BTG Pactual digital and BTG+, its digital bank. Original Source
Read More
Ameer and Raees Cajee, the two directors of the South African crypto-investment platform, Africrypt, are set to participate in an inquest that seeks to seal the fate of the collapsed firm. The Death Threats According to an Itweb report, the Cajee brothers — who have agreed to testify on October 19 and
Read More
Avalanche, a smart contract-enabled cryptocurrency, has received a $230 million investment from a group of VC companies. The funding round, which is being described as a private sale, was led by Polychain and Three Arrows Capital, with the participation of other companies. This investment will give these companies participation in
Read More
Altcoins continue to book notable gains on Sept. 16 as a slew of celebrity endorsements, major investments and the growing popularity of cross-chain bridges catch investors' attention.Top 7 coins with the highest 24-hour price change. Source: Cryptox Markets ProData from Cryptox Markets Pro and TradingView shows that the biggest gainers
Read More
Global investment bank Morgan Stanley is establishing a new cryptocurrency research team. “The launch of dedicated crypto research is in recognition of the growing significance of cryptocurrencies and other digital assets in global markets,” the bank said. Morgan Stanley Sets Up New Research Team Morgan Stanley is launching a dedicated cryptocurrency research
Read More