Fidelity Investments, a money management, is expanding its digital assets division by employing 100 new employees. indicating the company’s desire to expand its cryptocurrency operations during a weak market. The recruitment process was initially covered by Bloomberg. By the end…
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Fidelity investment launches its first cryptocurrency initiative
Fidelity investment, one of the largest asset and brokerages managers has finally launched its first cryptocurrency custody and trading platform. Initially, fidelity did not get involved directly with cryptocurrencies but rather preferred to partner with Coinbase, the largest exchange…
Fidelity-backed Crypto Trading Platform OSL is Finally Legal in Hong Kong
OSL is now legally authorized to run managed brokerage services, and automated digital asset trading services as the crypto trading network has finally secured a Hong Kong license. OSL, a central digital asset portal in Asia and a unit of…
Fidelity’s Heavy Endorsement Could See Crypto’s Stature as an Asset Class Solidifed
The world’s fourth-largest asset manager, Fidelity launched its crypto custody October 15th. Abigail Johnson the asset management firm’s CEO stated that the firm’s long-term strategy was to make Bitcoin and the rest of the crypto space more accessible to budding…
Fidelity to Launch Cryptocurrency Platform in Early 2019
Fidelity Investments is working on launching a startup that will be dedicated exclusively to bringing cryptocurrencies to institutional investors. The project which will be dubbed, “Fidelity Digital Assets” the Boston based limited liability company will provide enterprise-grade custody solutions, a…
Fidelity Charitable Records $22 Million in Bitcoin Donations During Last Year -2017
The charity unit of mutual fund giant Fidelity announced last week that have raised over $22 million from bitcoin donations for the year 2017. This was revealed by Fidelity Charitable, which is the charitable trust fund under Fidelity Investments. The…
JPMorgan Chase Reveals Holdings in Spot Bitcoin ETFs Through SEC Filing, in spite its CEO Jamie’s critic on Bitcoin
In a recent filing with the Securities and Exchange Commission (SEC), JPMorgan Chase, the largest bank in America, has disclosed its exposure to spot Bitcoin Exchange-Traded Funds (ETFs). This revelation provides specific insights into the bank’s holdings of spot Bitcoin…
Sei Blockchain Platform and RPC Nodes The Core to Developing Efficient dApps
Sei is an innovative blockchain platform that seeks to transform the world of decentralized applications (dApps). With its advanced features and a strong emphasis on delivering user-friendly experiences, Sei emerges as a formidable solution for developers and users. In this…
Sui zkLogin Enhances User Experience with Apple Account Support
Continuing work on zkLogin, Sui’s social login primitive, has resulted in two significant enhancements: the introduction of multi-signature recovery and support for Apple accounts. These updates revolutionize the user experience by offering greater flexibility and a powerful new method to…
Tether Holdings invests $200 million in Blackrock Neurotech, a leader in brain-computer interface (BCI) technology.
Tether Holdings Ltd., the leading issuer of stablecoin, has recently announced a significant investment of $200 million in Blackrock Neurotech. This investment marks Tether’s foray into the world of startup investing, leveraging its surplus earnings from a substantial portfolio of…
Tornado Cash Receives $3.3M in Ether Following Poloniex Hack Theft
In a shocking incident that sent shockwaves through the cryptocurrency community, a skilled hacker managed…
Bitcoin’s Long-Term Investors Now Possess More Than 76% of All BTC for the First Time. Details below
In the ever-fluctuating world of cryptocurrencies, Bitcoin, affectionately known as BTC, is currently undergoing a…
