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Crypto News

ConsenSys Sues Former Investment Head, Alleging Resume Fraud

In the suit, ConsenSys said that it allowed Gupta to resign instead of firing her and “offered to allow Gupta to keep the compensation paid and accrued during her short tenure,” but that Gupta had rejected the offer – instead demanding that ConsenSys “pay her millions of dollars” to buy out a “purported equity interest” […]

Crypto News

NEAR Raises $150M From Major Crypto Investment Firms

On Thursday, the NEAR Foundation announced the close of a $150 million funding round. Su Zhu’s Three Arrows Capital led the raise, with participation from major crypto-focused funds including Mechanism Capital, Dragonfly Capital, Andreessen Horowitz (a16z), Jump, Alameda, Zee Prime and Amber Group, among others.

Crypto News

[SPONSORED] Crypto Lending as the Alternative Investment for HNWI

If 2020 was the year Bitcoin and Ethereum were adopted by the mainstream, Bloomberg’s Mike McGlone predicts 2021 will be the year they found a home in traditional investment portfolios. Indeed, the sentiments of family offices towards crypto have changed. Many HNWI, investing via family offices / other investments trusts and funds, are open to some form […]

Crypto News

Russian Central Bank Seeks Ban on Crypto Investment: Report

The Russian central bank is looking to ban cryptocurrency investments in the country, according to a Reuters report. The central bank is in discussions with market players regarding a possible ban. If approved by lawmakers, the ban would only apply to new purchases of crypto assets not to past purchases, the report added. Russia has […]

Crypto News

S. Korean Investment Firm Hashed Under Tax Investigation

South Korean crypto investment firm Hashed is being investigated by Seoul tax authorities, CoinDesk Korea reported on Tuesday. The 4th Bureau of Investigation of Seoul’s Regional Tax office, which is handling Hashed’s case, is responsible for cases of tax evasion and fraud, according to the report. The reason for the audit hasn’t been disclosed. No […]

Crypto News

Ritholtz, WisdomTree Launch Crypto Index for Investment Advisors

Ritholtz’s chief investment officer, Barry Ritholtz, told CoinDesk that clients have become increasingly intrigued by bitcoin and other cryptocurrencies. Beyond ETFs and mutual funds, he said that “this is going to be the next best thing for RIA [registered investment advisor] clients and RIAs who want to get exposure to the space.”