Bitcoin holdings of publicly listed firms increased to $20B in one year: Data
A survey showed that 26% of institutional investors and wealth managers support Bitcoin’s use case as a reserve asset.
Related Posts
Prime Trust subsidiary Banq files for bankruptcy amid BitGo acquisition deal
Prime Trust payment subsidiary Banq files for bankruptcy, citing “unauthorized’ asset transfers to Fortress NFT Group. 405 Total views 2 Total shares The payments subsidiary of crypto custodian Prime Trust, Banq, filed for bankruptcy protection in the United States on June 13, court documents show.The move comes just days after wallet infrastructure provider and digital…
Global crypto adoption could ‘soon hit a hyper-inflection point’: Wells Fargo report
The firm's global investment strategy team said it wasn't too early to invest in crypto, but clearing regulatory roadblocks would likely create "higher quality investment options" in the future. 452 Total views 3 Total shares Wells Fargo Investment Institute, the research division of Wells Fargo Wealth and Investment Management, has released a report highlighting the potential…
‘Buy Bitcoin’ sign that photobombed Janet Yellen sells for $1M
The original scrawled sign was auctioned off by “Bitcoin Sign Guy” Christian Langalis for 16 BTC after apparently sitting in his sock drawer for years.
Bitcoin ’anxiety stage‘ risks more September losses, but there’s a silver lining
Bitcoin’s “anxiety stage” suggests more potential September downside before the next leg up, recent price analysis suggests.
DeFi platform Vee Finance exploited for $35M on Avalanche blockchain
Vee Finance says it suffered a $35-million attack just a few days after launching its mainnet on Avalanche last week. 2257 Total views 17 Total shares Decentralized finance (DeFi) platform Vee Finance reported $35 million in losses in an exploit, just a few days after launching its mainnet on the Avalanche network.After pausing services due…
Finance Redefined: DeFi’s $4M lobsters and Solana gaming, Sept. 6–10
Welcome to the latest edition of Cointelegraph’s decentralized finance, or DeFi, newsletter.In a week where the crypto market bears returned for blood, DeFi enlisted an army of lobsters to fight its feuds.While we ponder a feasible battleground for that mammalian–invertebrate combat, feel free to scroll on and read the top choices for the week’s most…
South Korea’s small crypto exchanges face increasing regulatory heat
Authorities in South Korea are continuing to propose and enact measures aimed at maintaining strict oversight over the nation’s crypto exchange market. These come amid a significant uptick in cryptocurrency trading volume, especially for altcoins.In May, South Korea’s Financial Services Commission (FSC) announced that the government is planning to enforce stricter regulatory policies on cryptocurrencies…
Cameron Winklevoss pens open letter to Barry Silbert about Gemini’s blocked funds
Both sides are facing financial headwinds, and Gemini was sued last week over money locked in its Earn program. 584 Total views 4 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as an NFTJan. 2 “marks 47 days since Genesis halted withdrawals,” Cameron Winklevoss, co-founder of the cryptocurrency exchange Gemini, pointed out in an…