カテゴリー: Funds

Report: Troubled Crypto Exchange Wex Finds New Owner

Report: Troubled Crypto Exchange Wex Finds New OwnerCryptocurrency exchange Wex, successor of the infamous BTC-e, has a new owner. Dmitry Havchenko, a former Ukrainian entrepreneur turned separatist fighter, has reportedly bought the coin trading platform through a family member. He now wants to restore it and also to track down the lost “Vinnik’s treasure.” Also read: BTC-e Operator Alexander Vinnik to Go […]

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Bitwise Launches Bitcoin Fund, Driven by Client Interest

Bitwise Launches Bitcoin Fund, Driven by Client InterestBitwise Asset Management has launched two new cryptocurrency funds, one of which only invests in BTC. The launch “is driven by inbound client interest and investor dissatisfaction with existing options,” the company says. The market downturn has also given investors “a unique opportunity to enter the market at prices many thought we’d never see again.” […]

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Israeli Firm Launches Three Cryptocurrency Investment Funds

Israeli Firm Launches Three Cryptocurrency Investment FundsAn Israeli investment firm has launched two cryptocurrency funds, with a third on the way. The company’s CEO explained the funds’ three investment strategies to news.Bitcoin.com. These funds are Cayman Islands-registered, available to institutional and accredited investors. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Three Funds, Investment Strategies Cryptocurrency investment firm Silver Castle has […]

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SEC Investigates Salt Lending’s ICO, Huobi Advises Russian Bank on DLT

SEC Investigates Salt Lending's ICO, Huobi Advises Russian Bank on DLTIn recent regulatory news, the U.S. Securities and Exchange Commission (SEC) has reportedly launched an investigation into Salt Lending’s 2017 initial coin offering. Separately, the SEC revealed that it has stopped accepting public comments on nine bitcoin exchange-traded funds that it rejected in August, and digital asset exchange Huobi has announced that it is providing […]

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Swiss Crypto Exchange-Traded Product Launching Nov. 21, But It’s Not an ETF

Swiss Crypto Exchange-Traded Product Launching Nov. 21, But It’s Not an ETFNew.Bitcoin.com has confirmed that the exchange-traded product tracking an index of five leading cryptocurrencies will start trading on Switzerland’s principal stock exchange on Nov. 21. The exchange has also confirmed that this product is not an exchange-traded fund (ETF). The country’s financial regulator, Finma, explains the differences. Also read: Yahoo! Japan Confirms Entrance Into the Crypto […]

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Cryptocurrency Exchange-Traded Product Live on Swiss Stock Exchange Next Week

Cryptocurrency Exchange-Traded Product Live on Swiss Stock Exchange Next WeekAn exchange-traded product tracking an index of five leading cryptocurrencies reportedly will start trading on Switzerland’s Six stock exchange next week. The product will be available to both retail and institutional investors. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Trading on Six Swiss Exchange The Financial Times reported on Friday that Switzerland’s Six […]

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Canadian Court to Take Custody of Quadrigacx Funds, NYDIG Gets Bitlicense

Canadian Court to Seize Quadrigacx Funds, NYDIG Secures 14th BitlicenseIn recent regulatory news, a Canadian court plans to take custody of $19.5 million of funds that Quadrigacx deposited with the Canadian Imperial Bank of Commerce before they were frozen due to competing ownership claims. Also, New York state regulators have granted the 14th Bitlicense to New York Digital Investment Group, and it has been […]

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Exchanges Roundup: Devere Launches Crypto Fund, Binance Uganda Claims 40,000 Users

Exchanges Roundup: Devere Crypto Funds, Binance Uganda Claims 40,000 UsersDevere Group has announced the launch of a digital asset fund and Binance Uganda claims to have onboarded 40,000 users during its first week of operating. In other news, Grayscale’s quarterly report has estimated that 70 percent of the investments it received during Q3 came from institutions. Also Read: Regulations Roundup: Ebang IPO Challenged by Probe, […]

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South Korea Cracks Down on Unauthorized Cryptocurrency Funds

South Korea Cracks Down on Unauthorized Cryptocurrency FundsSouth Korean financial regulators are cracking down on unauthorized cryptocurrency funds. In particular, one crypto fund launched by a local exchange is reportedly being investigated. The exchange claims no wrongdoing as its token activities were carried out overseas, but has promptly canceled its plan to launch a second fund. Also read: Yahoo! Japan Confirms Entrance Into […]

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Rumors of Exit Scam Swirl as Maplechange Loses Funds in Hack

Maplechange, a small Canadian cryptocurrency exchange, has ceased operations following the purported theft of all the funds it was holding. Despite promises of an investigation into the matter, many have accused the exchange of attempting to stage an exit scam. Also Read: Japanese Regulator: Stablecoins Are Not Cryptocurrencies Under Current Law Canadian Exchange Drained of Holdings […]

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