KIP is known for its investments in high-ranking firms, including Naver and Kakao. South Korea’s largest venture capital (VC) firm, Korea Investment Partners (KIP), is investing in its first blockchain startup, TEMCO, according to an October 1 press release. KIP is known for its investments in high-ranking firms that include Naver — Korea’s largest search […]
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sponsored According to a software company that helps crypto investors track their trades, the best-performing portfolios hold between seven and 12 coins. A platform designed to help investors keep track of their cryptocurrency trades and the performance of portfolios has revealed some of the biggest trends they have learned during their five years in operation. […]
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Experts conclude in a joint report that Colombia’s draft bill on crypto regulation has “inconsistencies and weaknesses.” A draft bill on crypto regulation presented to Colombia’s Congress has been heavily criticized by the local tech sector, Colombian financial journal Dinero reports Tuesday, September 24. The draft was introduced in late July by senator Carlos Abraham […]
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Ukraine’s state bank is considering releasing a state-owned digital currency based on blockchain to increase the rate of non-cash payments. The National Bank of Ukraine (NBU) is considering launching a state-owned digital currency based on blockchain, local news outlet Vesti Ukraine reported Tuesday, September 25. NBU says that the blockchain-based hryvnia, or e-hryvnia, has to […]
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The initial coin offering (ICO) has emerged as a corporate financing trend just as volatile as many of the cryptocurrencies themselves. Earlier this year, CoinDesk data revealed more money was raised via ICO in the first quarter of 2018 than in the entirety of 2017, totaling $6.3 billion raised in those first three months. However, Autonomous […]
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Source: PYMNTS A research firm has discovered that the number of material accounting mistakes made by U.S. public companies has gone up this year. Massachusetts-based Audit Analytics looked at disclosures from more than 9,000 U.S.-listed companies since 2005, finding firms that had to reissue their financials due to errors. While the number of mistakes has […]
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IRA Financial Trust is now enabling self-directed IRA account holders to purchase Bitcoin and other cryptocurrencies using their IRA and solo 401k plans. The company is a custodian of these plans, where customers may make pre-tax investments to save for their retirement. The company’s Crypto IRA platform gives members the ability to buy, sell or […]
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