UK Financial Watchdog Grants License to London-Based Crypto Asset Firm

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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Bitcoin Mining is Now More Competitive Than Ever, New Data Shows

Miners are dedicating more and more resources to participating in validating bitcoin transactions. Bitcoin’s (BTC) mining difficulty has reached an all-time high, demonstrating the increasing competition for block rewards between miners, data from Blockchain.com revealed on June 27. Mining difficulty, which adjusts to the network hash rate every 2016 blocks, hit 7.86 trillion, a new […]

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Will PwC’s New Software Solve the Cryptocurrency Auditing Problem?

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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Mike Novogratz’s Galaxy Digital to Launch Crypto Options Contracts Trading: Report

Mike Novogratz’s Galaxy Digital launches crypto options trading in response to increasing demand from institutional investors. Mike Novogratz’s crypto investment bank Galaxy Digital is expanding its services to offer crypto options contracts trading, industry media outlet The Block reports on June 21. According to the report, Galaxy Digital’s new initiative is made in response to […]

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