Crypto fims leverage the Special Purpose Vehicles (SPVs) facilitated by the Bnk to the Future platform, an offshore company, without exposing themselves to the regulatory scrutiny.
Amidst the current increase in the involvement of institutional corporations with cryptocurrency, Ripple reportedly sold out an excess of $250 million in XRP with about 40% of these sales been in favor of the institutional investors.
TRON’s CEO Justin Sun surprised everyone when he postponed his $4.56 million charity lunch with Warren Buffett. Now he apologized for his own conduct saying his own “selfishness” and “immature words and deeds” detracted from the effort.
While a majority of investors said that they aren’t interested in Libra (with many preferring Bitcoin instead), some also said that unlike the decentralized cryptocurrencies, Libra doesn’t give them the financial freedom from governments.
Refereum has joined hands with PlayerUnknown’s Battlegrounds to introduce crypto rewards into the game promotion space aiming to attract influential people to participate in the promotion campaigns.
The crypto community is on a wait-and-see mode awaiting regulation hearings by the Senate Banking Committee expected to shape the future of the nascent crypto industry with more regulations introduced.
Justin Sun postponing charity lunch with Warren Buffett caused rumors that he was held in China based on charges of gambling and spreading pornography. Sun broadcasted a live video from San Francisco to disprove reports.
Though only half of the projects that participated in IEO in 2019 were profitable, the research indicates that the cumulative returns to be garnered over the span of 6 months could amount to 44% ROI.
UK-based company TheCryptobot introduces its widely-acclaimed product, Gunbot, designed for instant and reasonable trading.
TRON and BitTorrent CEO Justin Sun just postponed his lunch with Warren Buffett due to sudden health complications just three days ahead of the meeting, according to a post on Weibo.
Tech giants, Daimler and Riddle & Code have partnered to manufacture hardware wallets for automobiles. The business alliance will see vehicles becoming autonomous parties to blockchain transactions, hence making the marketplace boundless.
International Crypto payment firm Circle recently announced that Users on its affiliate exchange company Poloniex can now gain access to the exchange by means of the corporation’s Bermuda subsidiary called ’Circle International Bermuda.’
Robinhood, the stock trading app, has achieved a Series E valuation of $7.6 billion after a successful $323 million funding round led by DST Global, Ribbit Capital, Sequoia, NEA, and Thrive Capital.
Bitcoinmix provides crypto users with the mixer functionality that protects the identities of the addresses sending and receiving Bitcoins.
Just recently Binance announced their next token sale for a new gaming project called “WINk”. This is the first gaming IEO project on Binance Launchpad which also is based on the TRON blockchain.