Singapore wealth fund ‘secretly invested’ in Coinbase: report

The sovereign wealth fund of Singapore has been revealed as a significant backer of crypto exchange Coinbase, according to a Bloomberg report. GIC Pte is reported to have been involved in a $300 million funding round held by the exchange in October 2018, according to the news outlet, citing sources close to the company. This…

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Police department pension fund discusses why it invested in crypto

Earlier this week, two pension funds from Fairfax County, Virginia decided to invest in cryptocurrencies. The funds, which are controlled by the Fairfax County Retirement Systems (FCRS), invested $21 million, of which $11 million came from the county’s police officer’s fund and $10 million came from the county employee’s retirement fund. The decision must have…

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1 in 7 Chinese Have Invested in Cryptocurrency

A survey conducted by Panews has found that 14% of Chinese citizens have invested in cryptocurrencies. The survey also found that 98% of respondents indicated familiarity with the concepts of cryptocurrency and bitcoin – 3% more than those who stated that they had heard of blockchain technology. Also Read: Skeptical Payoneer CEO Dismisses Idea of Single…

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Even After $30 Billion Invested Most ICOs Are Doomed ⋆ ZyCrypto

In the course of recent years, initial coin offering (ICO) ventures in the crypto market have raised harvested more than $30 billion. However, most ICO projects have little to display, particularly relating to end-user development, blockchain adoption, and predominantly, general user activity on decentralized frameworks. 5 ICOs that have delivered A small number of tokens…

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