Category: Investment News

Celsius Network Pulls $400M in Funding Despite Regulatory Concerns

Popular cryptocurrency lender Celsius Network has reportedly raised $400 million from investors despite growing regulatory concerns. As reported by the Financial Times, the latest funding round was led by WestCap, the fund set up by former Airbnb and Blackstone executive Laurence Tosi, and Caisse de dépôt et placement du Québec (CDPQ), Canada’s second-largest pension fund. […]

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Former UK Chancellor Lord Hammond to Join Crypto Custodian Copper as Senior Adviser

Lord Philip Hammond, a former Chancellor of the Exchequer in the United Kingdom has been appointed as the Senior Adviser to London-based digital asset custodian, Copper. Lord Hammond’s role will be centered on providing the Copper team with strategic advice, as the startup looks to expand its business to the United States and Asia. As […]

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New Survey Shows Australian’s Love for Crypto is Fueled by These Noble Drives

Australians appear to be more knowledgeable in their investment strategies as many are beginning to buy into cryptocurrencies for the right reasons. As highlighted in a recent survey conducted by BTC Markets, it was shown that acquiring digital assets was not a function of ideas to get rich quickly, rather, investors who are purchasing digital […]

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MicroStrategy Buys Additional $149 Million Worth of Bitcoin

MicroStrategy Buys Additional $149 Million Worth of Bitcoin

MicroStrategy Inc has just revealed that they have purchased additional Bitcoins during Q3 2021. This time, the firm bought around 8,957 Bitcoins for roughly $419.9 million in cash. Each Bitcoin cost approximately $46,875 at the time of purchase. Currently, MicroStrategy holds around 114,042 Bitcoins that were acquired for an aggregate price of roughly $3.16 billion. In […]

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Fox Corp Invests In Blockchain-Based Content Distributor Eluvio

Fox Corp Invests In Blockchain-Based Content Distributor Eluvio

Fox Corporation recently announced that it has poured investment money into Eluvio — a blockchain-based company that distributes, manages and monetizes premium content. The mass media giant emerged as the lead investor in Eluvio’s $100 million Series A fundraising round. Additionally, Eluvio will be providing Blockchain Creative Labs — FOX Entertainment’s and Bento Box Entertainment’s […]

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