Cryptocurrency Analysis and News Portal
Luno cryptocurrency exchange recently announced the launch of an investment arm, Luno Expeditions, whose objective is to invest in fintech, crypto, and Web3 startups globally. The investment arm will target digital assets and later-stage companies starting from Series A upwards. Funding Over 200 Startups per Year One of Africa’s pioneering cryptocurrency exchanges,
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"The reason we didn’t go with a fund structure is because we don’t need any external funding to be able to build this business, both from a capital and management fee perspective," said Cheng. "It also allows us to finance investments with evergreen capital, which we believe is more valuable
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Cryptocurrency exchange Luno is eyeing an expansion into the U.S., its general manager for Africa said. Source
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The U.K. advertising watchdog has banned several cryptocurrency ads, including those by Papa John’s Pizza, Coinbase, Kraken, Etoro, and Luno. The authority says the ads are “misleading” and “irresponsibly taking advantage of consumers’ inexperience.” 7 Crypto Ads Banned by UK Authority The Advertising Standards Authority (ASA) banned seven cryptocurrency ads Wednesday. The
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About 83.7% of those surveyed by Luno in a recent study believe the price of bitcoin will rise significantly in the next few months. In fact, 59.4% of the more bullish respondents are expecting the leading crypto to rise to as much as $100,000. Bullish Beyond Bitcoin These are the findings of
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One of the African continent’s leading cryptocurrency exchanges, Luno, has told its Nigerian users that it is “in the process of reinstating deposit and withdrawal functions on our platform.” According to an email that was sent to Nigerian users, this reinstatement is expected to happen “in the coming weeks.” Luno Not
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Users of Luno's new bitcoin "savings wallet" can earn up to 4% interest per year, the exchange said. Source
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Having been in the crypto industry long enough to understand the perspective of the market, Digital Currency Group’s key attention to crypto exchanges is an indicator that the industry is growing immensely.The blockchain investment firm Digital Currency Group (DCG) has today announced the acquisition of a retail-focused crypto exchange Luno
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Blockchain investment firm Digital Currency Group (DCG) has acquired Luno, a retail-focused cryptocurrency exchange with over five million customers spanning over 40 countries. Luno will continue to operate as an independent, wholly-owned subsidiary of DCG, the companies said. The financial terms of the acquisition were not disclosed in an announcement Wednesday. The
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Luno exchange has added bitcoin cash trading to the platform following feedback from its client base. BCH is now only the third cryptocurrency available for trading on the exchange, in
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