Investments

Ugandan Police Hold Director of Alleged $2.7M Crypto Ponzi Scheme

Ugandan police have seized Samson Lwanga, one of the directors of the alleged cryptocurrency pyramid scheme Dunamiscoins Resources Limited. As…

IDEG, Coinbase Custody Launch Bitcoin Trusts in Apparent First for Asia

Digital asset manager IDEG is launching what it claims are Asia’s first Bitcoin (BTC) trusts. The two new funds —…

Crypto Pyramid Scheme in Uganda Steals Employees’ Money and Closes

An alleged cryptocurrency pyramid scheme in Uganda has fled after defrauding dozens of victims that invested in and worked for…

US SEC Approves BTC Futures Fund to Offer Shares to Institutional Investors

Bitcoin (BTC) futures-focused NYDIG Bitcoin Strategy Fund has procured approval from the United States Securities and Exchange Commission (SEC), entitling…

Pomp Joins Figure’s Board as Firm Completes $103M Funding Round

California-based fintech company Figure Technologies has completed its $103 million funding round led by cryptocurrency asset manager Morgan Creek Digital.…

Fintech Arm of Chinese Insurance Giant Shoots for $500M IPO in US

OneConnect, the financial technology subsidiary of Chinese insurance giant Ping An, has updated its filing for an initial public offering…

China’s Hainan Free Trade Zone Pledges $140M in New Blockchain Support

Blockchain will continue to see major investment from China’s Hainan Free Trade Zone (FTZ) with new funds fostering local businesses.…

Bakkt Bitcoin Futures Open Interest Hits New All-Time High of $6.54M

Bitcoin (BTC) futures open interest on digital asset platform Bakkt has hit a new all-time high. According to a Dec.…

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