Agecroft Partners’ Don Steinbrugge thinks the cryptocurrency will linger in portfolios. Bitcoin (BTC) lets investors hedge against inflation and will endure as part of portfolios, the CEO of consultancy firm Agecroft Partners has told mainstream media. “It’s fantastic technology” Speaking to CNBC in an interview Aug. 6, Don Steinbrugge praised the cryptocurrency’s technology while discussing […]
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Crypto exchange Kraken has acquired Interchange, an accounting and portfolio reconciliation service provider for institutional cryptocurrency investors. Cryptocurrency exchange Kraken has acquired Interchange, an accounting and portfolio reconciliation service provider for institutional cryptocurrency investors. A press release published on July 31 outlines that the acquisition supports Kraken’s creation of an end-to-end crypto trading and reconciliation […]
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Cryptocurrency data and financial technology startup Digital Asset Data announced that it received $3.2 million in latest funding round. Cryptocurrency data and financial technology startup Digital Asset Data announced that it received $3.2 million in funding in a press release shared with Cointelegraph on July 25. A round led by Silver Lake and Glenn Hutchins […]
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Demand for virgin Bitcoin is currently at its all-time high. In a world where the global crypto community continues to face a growing number of regulatory hurdles with each passing day, the term “virgin Bitcoin” is starting to become more common among digital currency enthusiasts. However, it is of utmost importance to clarify what this […]
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Algorithms that can decode social media market sentiment are making waves in the institutional crypto landscape. Algorithms that can decode market sentiment are making waves in the institutional crypto landscape, a July 17 report from Reuters claims. An Arms Race for Algorithms With the resounding return of Bitcoin’s (BTC) volatility amid an ever-hotter crypto market, […]
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London-based crypto asset management firm Prime Factor Capital has obtained a license from the FCA to operate as a full-scope Alternative Investment Fund Manager. London-based crypto asset management firm Prime Factor Capital has obtained a license from the Financial Conduct Authority (FCA) to operate as a full-scope Alternative Investment Fund Manager (AIFM). The development was […]
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PwC announced its cryptocurrency auditing software solution that supposedly understands how the blockchain works. Earlier this week, Big Four firm PwC announced the release of a cryptocurrency auditing software solution. According to the multinational professional services network, its Halo auditing suite has now been updated to accommodate “entities engaging in cryptocurrency transactions.” The new tool […]
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On June 21, the FATF will reportedly publish a note clarifying how participant nations should exercise oversight for the digital assets sector. On June 21, the Financial Action Task Force (FATF) will reportedly publish a note clarifying how participant nations should exercise oversight for the digital assets sector, according to FATF spokeswoman Alexandra Wijmenga-Daniel. The […]
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Digital asset cybersecurity startup Fireblocks announced its launch out of stealth mode with $16 million in funding. Digital asset cybersecurity startup Fireblocks announced its launch out of stealth mode with $16 million in funding, according to a press release shared with Cointelegraph on June 11. Per the release, Fireblocks obtained the capital during its Series […]
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How OTC trading conquers the crypto world and why its volumes are drastically different from those of crypto exchanges. Here is everything you want to know. How are these issues solved? As the OTC market evolves, companies are working on building trusted custodial solutions and risk management systems. The OTC market is expected to continue […]
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