Category: CoinFlash

Advisers Allocating Crypto in Clients’ Portfolios Rose 49% Last Year: Survey

January 15, 2021

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The number of advisers allocating to crypto in client portfolios rose from 6.3% to 9.4% in 2020. (Shutterstock) Jan 15, 2021 at 12:57 p.m. UTCUpdated Jan 15, 2021 at 2:07 p.m. UTC Advisers Allocating Crypto in Clients’ Portfolios Rose 49% Last Year: Survey The number of financial advisers allocating crypto to client portfolios rose 49%, […]

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JPMorgan Provides $100M Financing Facility for Blockchain Mortgage Platform Figure

January 15, 2021

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The facility covers both conforming and jumbo mortgages – loans in excess of the traditional lending restrictions. Jan 15, 2021 at 11:40 a.m. UTCUpdated Jan 15, 2021 at 2:09 p.m. UTC JPMorgan Provides $100M Financing Facility for Blockchain Mortgage Platform Figure Blockchain mortgage platform Figure says it has closed a $100 million financing facility for […]

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Bitcoin ETP Trading at Levels Seen by Top European ETFs: FT

January 15, 2021

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Only one major ETF was trading at volumes slightly higher than the BTCetc ETP in the first 11 days of January, says the FT. Jan 15, 2021 at 11:01 a.m. UTCUpdated Jan 15, 2021 at 2:17 p.m. UTC Bitcoin ETP Trading at Levels Seen by Top European ETFs: FT A bitcoin exchange-traded product (ETP) from […]

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US Navy Commissions $1.5M Blockchain System for Tracking Critical Weaponry

January 13, 2021

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Blockchain firm SIMBA Chain won a contract to build a system to anticipate demand for “critical” military weaponry parts. Jan 13, 2021 at 2:52 p.m. UTCUpdated Jan 13, 2021 at 3:44 p.m. UTC US Navy Commissions $1.5M Blockchain System for Tracking Critical Weaponry The U.S. Office of Navy Research has awarded a $1.5 million contract […]

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Grayscale CEO Says Crypto Interest Is Rising From Pension, Endowment Funds

January 8, 2021

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Jan 8, 2021 at 12:00 p.m. UTCUpdated Jan 8, 2021 at 12:01 p.m. UTC Grayscale CEO Michael Sonnenshein(CoinDesk archives) Grayscale CEO Says Crypto Interest Is Rising From Pension, Endowment Funds Michael Sonnenshein, the new CEO of digital asset manager Grayscale Investments, said Friday that a wider range of institutional investors are now taking an interest […]

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US Judge U-Turns on Ruling in Overstock Digital Dividend Lawsuit

January 8, 2021

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Jan 8, 2021 at 9:33 a.m. UTCUpdated Jan 8, 2021 at 3:20 p.m. UTC Patrick Byrne, former CEO of Overstock(CoinDesk archives) US Judge U-Turns on Ruling in Overstock Digital Dividend Lawsuit A senior district judge in the U.S. state of Utah has acknowledged he made a “mistake” when granting Overstock’s motion to dismiss a lawsuit […]

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South Korea’s 20% Crypto Tax Now Coming in 2023: Report

January 7, 2021

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Jan 7, 2021 at 12:17 p.m. UTCUpdated Jan 7, 2021 at 2:49 p.m. UTC South Korean National Assembly building(Niyazz/Shutterstock) South Korea’s 20% Crypto Tax Now Coming in 2023: Report South Korea’s government will start taxing cryptocurrency gains over a year later than originally planned. The nation’s Ministry of Economy and Finance said Wednesday it has […]

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Former Canaan Directors to Guide Chinese Gaming Firm’s Pivot to Crypto Mining

January 5, 2021

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Jan 5, 2021 at 11:15 a.m. UTCUpdated Jan 5, 2021 at 11:19 a.m. UTC Canaan mining machine(Canaan) Former Canaan Directors to Guide Chinese Gaming Firm’s Pivot to Crypto Mining U.S.-listed Chinese gaming company The9 (NASDAQ: NCTY) has announced plans to enter the cryptocurrency mining space. In an SEC filing, The9 said it had signed a […]

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Bitwise’s Crypto Assets Under Management Rise Fivefold in Just 2 Months

January 4, 2021

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Jan 4, 2021 at 4:08 p.m. UTCUpdated Jan 4, 2021 at 4:12 p.m. UTC Bitwise CIO Matthew Hougan(CoinDesk archives) Bitwise’s Crypto Assets Under Management Rise Fivefold in Just 2 Months Bitwise Asset Management, a provider of crypto index funds, says its assets under management (AUM) have now passed the $500 million mark – up from […]

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Blockchain Platform Telos Launches Crypto Tokens That Act Like Treasurys

January 4, 2021

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Jan 4, 2021 at 12:29 p.m. UTCUpdated Jan 4, 2021 at 2:06 p.m. UTC Blockchain Platform Telos Launches Crypto Tokens That Act Like Treasurys Blockchain platform Telos has launched non-fungible tokens (NFTs) that perform similarly to U.S. Treasury bonds, allowing cryptocurrency projects to sell tokens that are locked until maturity. The “T-Bond” NFTs can be […]

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