The research arm of New York-based AllianceBernstein, a global investment manager with $631 billion in assets under management, has had a change of heart when it comes to bitcoin as an investment asset. In a research note produced for clients, seen by CoinDesk, Inigo Fraser Jenkins, co-head of the portfolio strategy team at Bernstein Research, said the firm had previously ruled out bitcoin as an investment […]
Daniel Palmer
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Cybersecurity specialist Kaspersky foresees a rise in crypto crime ahead, as the COVID-19 epidemic hits national economies. In a report on financial threats for 2021, based on data and patterns from this year, the company said Monday that attacks aimed at stealing bitcoin will “become more attractive as many nations plummet into poverty as a result of the pandemic.” The compounding factor of weakening local currencies […]
Xi Jinping pushed for digitally enhanced trade among Southeast Asian nations in a keynote at the China-ASEAN Expo on Friday. Source link
Huobi Labuan said it’s been licensed in Malaysia for a nine-month trial period of cryptocurrency spot and derivatives trading services. Source link
Cryptocurrencies worth billions of dollars have been seized during the police crackdown on the PlusToken Ponzi scheme in China. Source link
Students from both universities will take part in an algorithmic trading competition hosted by investor analytics firm APEX:E3. Source link
Cryptocurrency exchange Coinbase has publicly shared an internal letter pushing back at an as-yet unpublished article in the New York Times that, it says, will allege Black employees had “negative experiences” while with the firm. The letter, posted on the company’s blog Thursday, states that NYT journalist Nathaniel Popper has been interviewing current and former staff over recent weeks and will “allege that a number of […]
Sygnum, a digital asset finance firm with a Swiss banking license, has launched what it says is a blockchain-based alternative to listing shares on a stock exchange. On Thursday, the company announced an “end-to-end tokenization solution,” comprising of both a primary market issuance platform called Desygnate, and SygnEx, a secondary market trading venue. The solution will provide issuers a way to raise capital, grow liquidity and […]
The “Big Four” Chinese bank has suspended the listing of a $3 billion bond issuance that was intended to be tradable for bitcoin and U.S. dollars. Source link
A lottery in Suzhou will additionally trial the offline feature of the digital yuan, per a Monday report. Source link
Rick Rieder, CIO of Fixed Income at investment giant BlackRock, told CNBC that bitcoin and cryptocurrency are “here to stay.” Source link
The exchange said it must now ask users for extra information such as the purpose of bitcoin purchases. Source link
The CI Galaxy Bitcoin Fund has had a preliminary prospectus approved by Canadian securities regulators for an initial public offering. Source link
The cryptocurrency merchant bank has acquired a lending firm and a trading company as it seeks to become the “go to” platform for institutional access to digital assets, the firm said Friday. Source link
The cryptocurrency dropped as low as $15,750, having hit highs over $16,300 in the Asian trading hours. Source link
Libra was the final wake-up call for central banks that prompted serious consideration of digital currency issuances, according to Benoit Coeure, head of the Innovation Hub at the Bank for International Settlements (BIS). In an interview with French newspaper L’Express published on the BIS website Friday, Coeure acknowledged central banks had been resting on their laurels when it came to advances in payments. Thirty years ago, […]
Payments for passport renewals and name changes are being processed by Coinbase Commerce. Source link
Cryptocurrency exchange Binance has followed through with its pledge to reward anyone helping bring about the arrest of the bad actors who attacked the exchange in March 2018 and stole from users in a phishing campaign. Over a period of months, unknown persons set up phishing websites that mimicked Binance’s own, and collected users’ login details to attempt to access accounts and breach the platform. The […]
The blockchain company’s new Middle East and North Africa headquarters will be within the DIFC financial hub. Source link
Stakes are increasing as the next iteration of the blockchain network, Ethereum 2.0, launches in just weeks. Source link
Central banks meeting in Russia said the coronavirus pandemic is a driving force behind growing interest in national digital currencies. Source link
Sygnum Bank now offers trading and staking of Tezos, its first listing of a proof-of-stake cryptocurrency. Source link
A group of Spanish companies, including banks and energy firms, is working to develop a “self-managed” digital identity system using blockchain technology. Source link
The world’s biggest credit and debit card company will support payments with a South Korea-developed cryptocurrency for an upcoming virtual card offering. Source link
Bitcoin miner Layer1 Technologies has been dragged into a lawsuit from a co-founder who claims he invested millions of dollars and was then forced out of the firm. In a complaint filed in the District Court in the Western District of Texas Pecos Division, the plaintiff, Jakov Dolic, sets out that he co-founded Layer1 with its CEO Alexander Liegl, having developed a liquid cooling system that […]
The Cayman Islands is building a regulatory framework for “virtual asset service providers” with some measures already enacted. Source link
Gazprombank (Switzerland) has been authorized by FINMA to launch institutional cryptocurrency services in Switzerland. Source link
The upcoming Mate 40 line of devices will feature a built-in hardware wallet for China’s central bank digital currency. Source link
DBS is planning to launch an exchange for trading bitcoin and other cryptocurrencies, according to a cached website page. Source link
How things have changed since spring of 2019, when Agustin Carstens, general manager of the Bank for International Settlements (BIS), was issuing his latest warning over the need for caution when considering central bank digital currencies (CBDC). Now, according to Chinese news source The Paper, the very same institution – dubbed the central bank for central banks – is planning its own trial of a CBDC […]