The Australian securities regulator is pursuing BPS Financial Pty Ltd for allegedly making false and misleading representations, and engaging in unlicensed conduct.
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Access real-time blockchain and cryptocurrency news updates from around the globe.
Investors are loving SEC's crypto industry crackdown, according to survey
Critics have called out the SEC's "regulation by enforcement" tactics, but to some investors, it's a positive sign they're seeing to invest in digital assets.
HK and Singapore’s mega-rich are eyeing crypto investments: KPMG
Hong Kong and Singapore’s wealthy elite appear to be looking at digital assets with fervor, after a new report from KPMG suggesting over 90% of family offices and high-net-worth individuals (HNWI) are interested in investing in the digital assets space or have already done so.
According to an Oct. 24 report from KPMG China and Aspen Digital titled “Investing in Digital Assets,” as much as 58% of family offices and HNWI of respondents in a recent survey are already investing in digital assets, and 34% “plan to do so.”
The survey took the pulse from 30 family offices and HNWIs in Hong Kong and Singapore with most respondents managing assets between $10 million to $500 million.
KPMG said the large crypto uptake among the ultra-wealthy has increased confidence in the sector, spurred by the increase in “mainstream institutional attention.”
It also noted institutions also have more accessibility to digital asset financial products, including regulated products.
HK and Singapore’s mega-rich are eyeing crypto investments: KPMG
Despite the ongoing bear market, family offices and high-net-worth individuals in Hong Kong and Singapore are keen to invest in crypto or already have holdings.
HK and Singapore’s mega-rich are eyeing crypto investments: KPMG
Despite the ongoing bear market, family offices and high-net-worth individuals in Hong Kong and Singapore are keen to invest in crypto or already have holdings.
Zuckerberg's $100B metaverse gamble is 'super-sized and terrifying,' shareholder says
In an open letter, Altimeter Capital's CEO and founder recommended the tech giant cut its Metaverse investments from $10-15 billion a year to $5 billion.
Ethereum's Merge won't stop its price from sinking
Ethereum became deflationary after its September Merge. But for now, it's not going to make much of a difference.
Criminal use of crypto an ‘emerging threat’ — Australian police
Law enforcement will need to “continually evolve” in order to keep pace with criminals, Australia’s federal police said.
Global Bitcoin payments market projected to reach $3.7B by 2031: Research
Private keys and hardware sub-sectors will drive the BTC payment expansion as demand from banks and emerging economies continue to grow.
Volumes on crypto investment products drop to 2-year lows: Coinshares
Digital asset investment products recorded $5 million worth of cumulative weekly outflows in what Coinshare describes as an “apathetic period.”
Volumes on crypto investment products drop to 2-year low: Coinshares
Digital asset investment products recorded $5 million worth of cumulative weekly outflows in what Coinshare describes as an “apathetic period.”
Wealthy crypto believer and incoming UK PM Rishi Sunak once commissioned a royal NFT
The new leader of the world’s sixth-largest economy is the former chancellor of the exchequer and is said to be richer than King Charles; he is also a firm crypto supporter.
Tel Aviv Stock Exchange to create crypto platform
The five-year plan includes tokenizing various classes of digital assets and smart contracts.
Tesla's Bitcoin losses rise to $170M in first 9 months of 2022
The electric vehicle maker's actual BTC losses are far lower with $64 million worth of previously realized profits to offset the decline.
Bitcoin '6-8 weeks' from breakout as Hang Seng echoes Lehman Brothers dip
Volatility is closing in, but traders may have to wait until the end of the year if history repeats itself, one analyst warns.
Bitcoin ‘6–8 weeks’ from breakout as Hang Seng echoes Lehman Brothers dip
Bitcoin (BTC) waited for cues at the Oct. 24 Wall Street open as expectations of a breakout ran high.
BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewHang Seng drops most since 2008
Data from Cointelegraph Markets Pro and TradingView tracked a mundane trading day for BTC/USD after the pair hit weekly highs of $19,700 overnight.
Despite what Michaël van de Poppe, CEO and founder of trading firm Eight, called “way worse than expected” manufacturing data from the United States, Bitcoin suffered from a declining trajectory on the day.
This led on-chain analytics resource Material Indicators to suspect that resistance would remain in place.
“Sunday BTC failed all attempts to reclaim the 2017 Top,” it said, summarizing the latest 24 hours’ price action as per its proprietary trading indicators.
What are governance tokens, and how do they work?
Governance tokens allow users the opportunity to take on a more active role in managing decentralized projects.
What are governance tokens, and how do they work?
Governance tokens allow users the opportunity to take on a more active role in managing decentralized projects.
Warren Buffett-backed neobank picks Polygon for Web3 token — MATIC price eyes 100% rally
Polygon (MATIC) price could double by the end of 2022 or early 2023 due to a mix of extremely bullish fundamental and technical indicators.
Polygon wins high-profile clients
MATIC rose by nearly 6.5% four days after Nubank, a Brazilian fintech company backed by Warren Buffett's Berkshire Hathaway and Softbank, confirmed that it selected Polygon's "Supernets technology" for its blockchain and digital token dubbed Nucoin.
"Nubank plans to airdrop the digital token to its customers in the first half of 2023," the official announcement read, adding:
"These tokens will be the basis for its customers' loyalty rewards program and will have benefits such as discounts and other advantages."
As a result of the rally, MATIC was changing hands for $0.90 on Oct. 24, its highest level in three weeks.
Warren Buffett-backed neobank picks Polygon for Web3 token — MATIC price eyes 100% rally
The price of Polygon’s MATIC (MATIC) coin could double by the end of 2022 or early 2023 due to a mix of extremely bullish fundamental and technical indicators.
Polygon wins high-profile clients
MATIC rose by nearly 6.5% four days after Nubank, a Brazilian fintech company backed by Warren Buffett’s Berkshire Hathaway and Softbank, confirmed that it selected Polygon’s “Supernets technology” for its blockchain and digital token, dubbed Nucoin.
“Nubank plans to airdrop the digital token to its customers in the first half of 2023,” the official announcement read, adding:
“These tokens will serve as the basis for its customers loyalty rewards program and will have benefits such as discounts and other advantages.”
As a result of the rally, MATIC was changing hands for $0.90 on Oct. 24, its highest level in three weeks.