Asian Asset Management Firm to Launch Crypto Custody for Family Offices

Asian asset management firm Fusang Investment Office is set to launch a crypto asset custody service called Fusang Vault in Hong Kong. The firm, which usually focuses its operations on private family offices in Hong Kong, Singapore and Malaysia, credits heightened interest in cryptocurrencies from high-net-worth individuals and institutional clients for the move. Crypto Custody …

Hedge Fund Billionaire & Citadel Founder Ken Griffin Blasts Bitcoin

At the recent CNBC institutional investor Delivering Alpha Conference, Ken Griffin openly expressed his opinion against the digital assets. While Griffin’s words may be turning a few heads, this is not the first time the billionaire spoke ill of cryptocurrency. Griffin Has Always Been Very Clear in His Dislike of Bitcoin Back in December, when …

CFA Exam Will Now Include Crypto Topics

Cryptocurrencies and blockchain technologies are making serious headway in the financial industry, the most recent sign being the decision by the CFA Institute, which offers the Chartered Financial Analyst designation, a three-level program, to include cryptocurrencies and blockchain to its Level I and II curriculums next year, according to Bloomberg. The material for the 2019 …

Japanese Minister Denies Association with Cryptocurrency Firm Under Investigation

Seiko Noda, Japan’s internal affairs minister, denied having an interest in a cryptocurrency company under investigation and interfering in that investigation, according to a report in Asahi Shimbun. As a Cabinet minister, Noda could be accused of trying to influence a government investigation. Noda acknowledged that one of her aides was present at a meeting on …

Coinbase Scores Major Whale for Institutional Brokerage Service: Report

Industry giant Coinbase has scored a major win for its recently-launched institutional brokerage service, as a major hedge fund has begun using its platform to dip its toe into the fledgling cryptocurrency market. Citing unnamed sources familiar with the matter, Business Insider reports that the $20 billion hedge fund — whose name was not disclosed …

Encrypted Email Service Tutonata Tests Cryptocurrency For Payments

Tutanota, a provider of an encrypted email service, has begun to accept donations in bitcoin, ether, bitcoin cash and monero in order to test payment processing using cryptocurrencies, the company announced in a blog post. The German firm noted that it wants to support decentralized payment systems that are independent of centralized processors such as …

Fmr. Trump Advisor Steve Bannon is Building a Utility Token Cryptocurrency

Former Trump advisor Steve Bannon may no longer have an office down the hall from the U.S. president, but he still thinks he can have a profound impact on the world — using cryptocurrency. Bannon, who served as White House Chief Strategist during the first year of Donald Trump’s presidential administration, provided a glimpse into …

Flooding in Sichuan Reveals Hidden World of China’s Small-Time Bitcoin Miners

A special report on the recent floods across China’s Sichuan province has uncovered an extraordinary story of resilience, discomfort, tragedy, and rapidly changing economic circumstances experienced by the the people who make up the world’s largest concentration of small-time bitcoin miners. Put together by Chinese news platform Jiemian, the report follows the story of Li …

Decentralised Capital Launches Australia’s First Cryptocurrency Vault

Blockchain and investment company Decentralised Capital has announced the launch of Australia’s first ever cold storage vault for digital assets. The vault was created in partnership with Custodian Vaults, a subsidiary of precious metals firm Pallion Group. According to Stephen Moss, founder and director of Decentralised Capital, the new crypto vault is expected to take …

Buy a Whole Bitcoin Before Buying Any Altcoins, Says Litecoin Creator Charlie Lee

It’s common for longtime cryptocurrency investors to advise newcomers to invest heavily in bitcoin and — depending on their proclivity toward “Bitcoin maximalism — ethereum before investing in what many of them not-so-affectionately refer to as s–tcoins. What’s less common, though, is for an altcoin creator himself to give that same advice. Yet that’s exactly …