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Finance
Blackrock, Fidelity to Invest in Crypto Firm Circle’s $400 Million Funding Round – Finance…
Blackrock, Fidelity, Marshall Wace, and Fin Capital are investing in crypto firm Circle. In addition, Blackrock, the world’s largest asset manager, has entered into a broader strategic partnership with the crypto firm.
Blackrock,…
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Cryptocurrencies Carry Systemic Risks, Threaten Ruble, Bank of Russia Insists – Finance Bitcoin News
The spread of cryptocurrencies brings significant risks for Russia’s economy, financial stability, and national fiat, the monetary authority in Moscow has reiterated. The central bank has reaffirmed its hardline stance on…
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Iran Will Not Allow Crypto Payments, Prepares to Pilot Digital Rial – Finance Bitcoin News
Iran will not recognize cryptocurrencies as a means of payment, a high-ranking government official has indicated. His statement came as the Central Bank of Iran announced rules for the issuance of digital coins in the country. These…
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Derivatives Exchange Giant CME Group Adds 11 New Cryptocurrency Reference Rates – Finance Bitcoin…
Global markets company and Chicago-based derivatives exchange CME Group plans to launch 11 new reference rates tied to specific crypto assets. The reference rates and real-time indices bolstered by CF Benchmarks are typically…
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Leading Derivatives Exchange CME Group Launches Micro Bitcoin and Ether Options – Finance Bitcoin…
CME Group, one of the world’s largest derivatives marketplaces, has launched micro-sized bitcoin and ether options. “The launch of these micro-sized options builds on the significant growth and liquidity we have seen in our micro…
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Layerzero Labs Secures $135 Million to Bolster Cross-Chain Interoperability – Finance Bitcoin News
Layerzero Labs, the firm behind the interoperability protocol Layerzero, has revealed the company has raised $135 million in a Series A+ finance round led by Andreessen Horowitz (a16z), FTX Ventures, and Sequoia Capital. The new…
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IMF Warns Russia Sanctions Threaten to Undermine US Dollar Dominance – Finance Bitcoin News
Financial sanctions imposed on Russia over its invasion of Ukraine may result in reduced dominance of the U.S. currency, according to a high-ranking official at the International Monetary Fund (IMF). The confrontation could lead to…
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Gumi Cryptos Reveals $110 Million Fund Targeting Early-Stage Blockchain Startups – Finance Bitcoin…
On March 30, Gumi Cryptos Capital (GCC), announced the blockchain-focused venture capital firm’s second fund that will invest $110 million in early-stage blockchain startups. The second fund follows GCC’s initial $21 million fund that…
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Nasdaq-Listed Microstrategy Obtains $205 Million Bitcoin-Backed Loan to Buy More BTC – Finance…
Nasdaq-listed Microstrategy has obtained a $205 million bitcoin-collateralized loan from Silvergate Bank through a subsidiary to buy more bitcoin. “The interest-only term loan is secured by certain bitcoin held in Macrostrategy’s…
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Digital AUM Surged to $48.7 Billion in March, Average Weekly Flows Turn Negative – Finance Bitcoin…
The total aggregate digital assets under management (AUM) surged to $48.7 billion in March, up from the $43.9 billion that was recorded in January, the latest data from Crypto Compare has shown. In contrast, the average daily trading…
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