Tag: CryptoSlate

Citadel Securities business development head to lead the new crypto venture firm

CryptoSlate

Citadel Securities‘ global head of business development, Jamil Nazarali, quit his position to lead a joint venture firm aiming to increase investors’ access to crypto. The venture firm is a joint effort between asset management firms Citadel Securities and Virtu Financial. Read More

North Korea’s ‘illicit’ crypto holdings heavily impacted by market crash

CryptoSlate

The recent crypto market crash has left North Korea with millions of dollars in losses on its stolen crypto assets and could affect funding for its weapons program, Reuters reported. Bitcoin’s (BTC) recent crash to under $20,000 means the sanction-ridden Read More

CAR’s President announces crypto-hub “Sango” launch date

CryptoSlate

Central African Republic President Faustin-Archange Touadéra, on June 27, announced the country’s crypto hub “Sango” launch date. The crypto hub will go live on July 3 during a conference organized to mark its launch. With #Bitcoin as #legaltender & inspiration, Read More

No Man’s Sky players invented a coin and hope to never trade it for real money

CryptoSlate

No Man’s Sky player community reacted to the game’s shortcomings by inventing and implementing their own in-game cryptocurrency. The Hub Coin runs on the Ethereum testnet Goerli, has no real-life value, and can’t be exchanged for real money. However, the Read More

Traditional hedge funds consider regulatory uncertainty biggest barrier to entry in crypto

CryptoSlate

There have never been more traditional hedge funds investing in crypto, but around two-thirds are still hesitant to enter the market, according to PwC’s 2022 Global Crypto Hedge Fund Report. Those on the fence said they were waiting for the Read More

Bitcoin mining company Compass Mining loses facility for not paying electricity bill

CryptoSlate

Compass Mining is a Bitcoin (BTC) hosting company offering managed mining services to Bitcoin miners. Customers can purchase ASIC miners from the Compass website and have them installed at one of several locations. One such facility is owned by Dynamics Read More