Swiss Asset Manager Vowed to Launch DeFi Services Within 3 Years
Julius Baer Group – the Swiss private bank with over $110 billion in AUM as of 2021 – revealed that it will offer digital asset services to high-ended clients. A…
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a16z Launches a $600 Million Game Fund Backed by Roblox and Blizzard
Renowned VC firm – Andreessen Horowitz (known as “a16z”) – announced launching a $600 million fund, GAMES FUND ON, dedicated to investing in the gaming industry. It has garnered support…
Indian Crypto Industry Reps Call for Reduction in Certain Taxation Rules
The call for reducing Tax Deduction at Source (TDS) on crypto transactions is intensifying among the crypto ecosystem players in India. A TDS of 1% on virtual digital assets has…
New Milestones for Ethereum as Ropsten Public Testnet Merge Date Revealed
Earlier this week, a pull request was submitted by an Ethereum DevOps engineer for the Ropsten testnet Merge configuration code that can be seen in the GitHub repository. For the…
FTX US Launches Stock Trading for Select Users
The US arm of the cryptocurrency exchange, FTX, is going old school with the launch of its new stock-trading service for a limited number of users in the country. The…
The High Bitcoin and Ethereum Correlation With Wall Street Continues
The past several weeks have been quite the negative turmoil for the cryptocurrency market, as it all started at the end of March. Interestingly, this coincides with a similar drop…
CryptoCom Donates to UPenn’s Crypto Research Lab to Support Privacy and Security Studies
Popular cryptocurrency exchange CryptoCom announced on Thursday that it had donated an undisclosed sum to the University of Pennsylvania (UPenn) to fund research on privacy and security in digital environments.…
Panama’s Crypto Bill Faces Setback as President Calls for Stricter AML Controls
Panama’s President Laurentino Cortizo has called for stricter anti-money laundering (AML) controls in the much-anticipated bill that aims to regulate the use of cryptocurrencies, passed by the general assembly. He…
Russia Will Legalize Crypto in Some Way Sooner or Later, Local Minister Says
Russia’s Industry and Trade Minister – Denis Manturov – revealed that the local authorities will eventually legalize cryptocurrencies as a means of payment “in some format or other.” The possible…
Bitcoin Dipped Below $29K as Wall Street Plunged to Yearly Lows (Market Watch)
The cryptocurrency market is suffering again as bitcoin slipped below $29,000, while Ethereum now trades beneath $2,000. This comes amid the most recent price dumps on Wall Street, as the…
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