Former investment banker jailed for fraud secures employment in a crypto firm
According to a media story, a former investment banker who was jailed for Britain’s largest attempted cash fraud has been released and is been employed in a cryptocurrency firm under a new name. According to a media report, Jagmeet Channa, who was convicted of mishandling accounts while working at HSBC’s Canary Wharf headquarters, now works […]
Chinese Bitcoin miners and crypto firms donate to flood victims in Henan
Cryptocurrency firms and Bitcoin miners in China have come together to support families in Henan. The area was previously hit by a devastating flood. Despite the Chinese crypto crackdown, enterprises that had to relocate their operations due to the massive mining migration have turned to the Chinese crypto community for assistance . Colin Wu, a […]
CEO hedge fund – Cryptocurrency is a viable trading option
Some hedge fund managers are sceptical of cryptocurrencies, as Man Group CEO Luke Ellis compared them to tulip bulbs. In an interview with the Financial Times, Ellis stated that the utility of cryptocurrency stems from its volatility , making it a viable trading option. The CEO of the world’s largest publicly traded hedge fund, according […]
Wilshire Phoenix co-founder considers Bitcoin ETF not feasible in 2021
According to the co-founder of Wilshire Phoenix, the United States SEC may not approve a Bitcoin ETF this year, although he sees 2022 and 2023 as a possible time. William Cai, the co-founder of investment firm Wilshire Phoenix, is the latest to question if a Bitcoin (BTC) exchange-traded fund (ETF) would be approved in the […]
Crypto ATM installations globally increased by 70% in 2021 – Coin ATM Radar
According to Coin ATM Radar, this year has seen the installation of over 10,000 new crypto ATMs worldwide. Along with cryptocurrency’s decade-long acceptance drive , the installation of crypto ATMs continues to gain traction around the world. According to Coin ATM Radar’s most recent data, crypto ATM installations in 2021 increased by 71.73 percent, rising […]