CoinShares is the first platform licenced with AIFM On July 4 nearly $200 million was pulled from the Vauld platform CoinShares, the European largest digital asset investment platform July 4, Monday, announced that they have acquired Napoleon assets management with approval from Autorité des Marchés Financiers (AMF), and it is
The use of copy trading tools in the crypto market is a relatively recent phenomenon. Simple: it allows consumers to take identical positions as expert investors. An advanced trader’s position in cryptocurrencies will immediately be reproduced in the user’s account. Furthermore, users have access to a wealth of information that
Celsius has laid off 150 employees. Withdrawals on Celsius have not resumed yet. Leading crypto lending platform Celsius network has laid off 150 employees, a quarter of its workforce, as the global crypto market goes through its worst slump yet. Celsius team stated : We are focused and working as
Vauld has raised around $27M from investors to expand its platform. The company hired Kroll Pte Limited as a financial advisor. Vauld intends to apply a moratorium in the Singapore courts. Today, Singapore-based cryptocurrency lending and exchange venture Vauld has halted all withdrawals, trading, and deposits on its platform As
Sango Coin and The Crypto Island, a metaverse platform, are both in the works. The World Bank declared in May that it would not be “supporting Sango.” Government-backed Sango crypto hub project in the Central African Republic (CAR) aims to promote the local digital asset industry and has gone live.
The FSR 2022 records various statements highlighting the risks in the crypto market. 1% tax on crypto transactions reduced the volume of trading to 50% quantity. By June end, the Reserve Bank of India (RBI) released its annual financial stability report (FSR) 2022, where the RBI governor warned everyone stating
The OpenSea Co-Founder Alex Atallah wrote a mirror piece announcing his departure from the firm on July 30. OpenSea’s Atallah says he’s happy with the progress and would want to start “building something from zero to one” again. OpenSea’s Board of Directors will retain Atallah’s position. Kevin Pawlak will continue
The crypto market appears to be falling further due to the low trade volume. Crypto experts believe that Bitcoin would reach down to $6,000. There are many factors for the dip in BTC’s price value. The crucial reality is that BTC has dropped to $19,000, has already hit $18,000 in
The Voyager has halted its operation from July 1, 2.00 PM ET. The 3AC has a default of around $646 million to Voyager, in terms of BTC and USDC. Another crypto firm got halted this week, Voyager Digital LLC platform officially declared its halting on July 1 by publishing an
An NFT licensing marketplace that allows hodlers to rent out their Ape’s IP to marketers and brands has attracted hundreds of Bored Ape owners. In an effort to make it easier for companies to find and hire the 10,000 BAYC NFTs, blockchain accelerator Mouse Belt Labs has developed a marketplace
