Elon Musk’s SpaceX to Raise $1 Billion in Private Funding
Space Exploration Technologies SpaceX is set to raise $1 billion in a private N-series funding round. With the funds, the firm will be at an advantage to bolster its operational funding gap
Fidelity Takes Over 10% in Bitcoin Mining Company Hut 8
Fidelity holds about 10.6% stake in Canadian Bitcoin mining firm Hut 8, according to a regulatory filing Fidelity’s investment in Hut 8 is significant since the asset management giant is known to be mining BTC since 2014.
KPMG Launches Cryptocurrency Management Suite Chain Fusion
KPMG launched Chain Fusion, a suite of analytic tools that help financial institutions manage crypto assets. It will help companies prove that they own cryptocurrency, operate multi-signature wallets, and monitor transactions.
Binance to Launch UK Trading Platform This Summer
Already this summer Binance will start offering customers in the United Kingdom a possibility to buy and trade digital assets with the pound sterling and euro.
Robinhood Was Offline for Entire Trading Day, Dow Jones Made Its Biggest Point Gain Ever
Robinhood online brokerage app crumbled on March 2 when the Dow Jones gained its most single-day points, leaving investors frustrated unable to take advantage of the market recovery.
Sorry Tesla, Richard Branson’s Virgin Galactic (SPCE) Takes On TSLA on Wall Street
While you might have been caught by the Tesla bug with its massive TSLA stock surge in the market, you might have missed Virgin Galactic’s meteoric rise on Wall Street. The SPCE stock has surged over 200% as of Wednesday closing.
Dow Futures Surge Marginally on Monday in Continuing Stock Market Rally
The Dow Jones Industrial Average (DJIA) futures, as well as the Nasdaq futures and the S&P 500 futures, are moving higher thanks to a number of factors.
Anchorage Is Launching Crypto Brokerage to Dig into Crypto Trading
By Daria Rud
To power its Anchorage Trading brokerage, the company has acquired Merkle Data startup and started integrating its technology.
JPMorgan Former Employees’ Startup Kadena Launches Public Blockchain
By Jeff Fawkes
A number of people who previously worked for JPMorgan are gathering millions of dollars for interoperable blockchains and kick-ass their smart contracts better than Ethereum ones. Kadena’s public blockchain has gone live.
Fidelity Predicts ‘behind the Scenes’ Future for Custodians
By Jeff Fawkes
Head of sales and marketing at Fidelity Investments Christine Sandler considers that building own infrastructure is expensive for most players.