Hong Kong VC firm, CMCC global seeks $300M for new crypto fund
Hong Kong has long been regarded as one of the world’s most important financial centres, and as the world of cryptocurrency has evolved, the country has seen an increase in the number of crypto fans. The firm’s most recent crypto fund was formed just six months ago and has close to $90 million in assets […]
Major Russian bank, Tinkoff Investments explores crypto investment amid strong demand
Despite the Bank of Russia’s prohibition on the bank introducing cryptocurrency investing services, Tinkoff Investments, the online brokerage of big Russian private bank Tinkoff, is looking into it. Dmitry Panchenko, the head of Tinkoff Investments , stated that the bank’s brokerage portal is contemplating cryptocurrency investment opportunities, but that it is too early to discuss […]
Metaverse Tokens Surges Following Facebook’s Rebrand News
Metaverse-related tokens skyrocketed after Facebook revealed on Thursday that it will rename Meta in order to better align itself with the augmented and virtual reality-driven future. According to cryptocurrency data aggregator CoinGecko, the category’s market worth has increased by 262.9 percent in the last 18 hours, to $13.4 billion. Half a dozen currencies, including some […]
Movie giant AMC to consider Shiba Inu payment options
AMC Theatres, the world’s largest movie theater company, is considering accepting Shiba Inu as a form of payment for tickets and concession stand purchases. On his Twitter account, CEO Adam Aron has set up a poll asking if the company should accept “the Dogecoin killer .” As of 12:07 a.m. UTC, 33,079 votes had been […]
Australia is likely to approve a Bitcoin ETF
According to CoinDesk, Australian regulators are likely to allow ETPs based on Bitcoin and Ethereum in the near future, including ETFs. The Australian Securities and Investment Commission (ASIC) stated on Friday that Bitcoin and Ethereum are likely to be legally suitable as a basis for ETPs if all of the necessary criteria are met. ASIC […]