Tags : funds

Bitcoin

Morgan Stanley approves Bitcoin investments for a dozen new funds

American investment bank Morgan Stanley plans to allow a dozen of its funds to invest in Bitcoin via cash-settled futures and the Grayscale Bitcoin Trust (GBTC), according to its filing with the Securities and Exchange Commission published yesterday. “Certain Funds may have exposure to bitcoin indirectly through cash settled futures or indirectly through investments in […]Read More

Bitcoin

US bank Morgan Stanley to launch three Bitcoin funds

Morgan Stanley will soon launch two Bitcoin-focused funds as demand for cryptocurrencies picks up among institutional clients, reported business outlet CNBC on Thursday, citing two people with knowledge of the matter. The bank has, so far, remained wary of introducing crypto services or implementing tools that aid the adoption and use of the asset class. […]Read More

Market

Blackrock Give Two Funds Go-Ahead to Invest in Bitcoin Futures

Blackrock, the world’s largest asset manager appears to have granted at least two of its funds the ability to invest in bitcoin futures. On Wednesday, Blackrock’s regulatory filings for BLACKROCK GLOBAL ALLOCATION FUND, INC. and BlackRock Funds V state the funds “may use instruments referred to as derivatives,” that derive their value from financial instruments […]Read More

Market

Tether’s Bank Says It Invests Customer Funds in Bitcoin, Raising

Deltec, Tether’s Bahamas-based bank, announced Thursday it was investing customer funds in bitcoin. The announcement, made by Deltec Bank & Trust Chief Investment Officer Hugo Rogers during a year-in-review video, raises new questions about whether the dollar-pegged USDT stablecoin, which is in theory backed by cash and “cash equivalents,” as well as “other assets and […]Read More

Blockchain

Square Crypto Funds Bitcoin Developer to Improve Mining Pool Software

Square Crypto’s latest grant will fund a Bitcoin developer’s work on software that could improve how mining collectives pool hash power. Pseudonymous developer Fi3 (@piccioneLibero2 on Twitter, or “free pigeon”) will receive an undisclosed sum to work on an implementation of Stratum V2, the next iteration of a Bitcoin mining protocol software developed by Braiins, […]Read More

Cryptocurrency

Here’s how the Parity Ethereum hacker is cashing out his

If you were around in 2017, you likely remember the Parity wallet hack. Here’s some context if you don’t. Parity is an Ethereum infrastructure provider that was in 2017 known for its multi-signature wallet. Multisig is a technology that requires multiple key holders to sign off on transactions to verify them, preventing the stealing of […]Read More

Bitcoin

Bitcoin is now at $23,000, but legacy funds are calling

Pioneer cryptocurrency Bitcoin did one for the record books today after it crossed the $22,000 mark for the first time in its 12-year history. The milestone came mere hours after the asset reached an all-time high of $20,000, bumped immediately afterward to $21,000, and then marched on to $22,000. Bitcoin has surged by 10% in […]Read More