Softbank is planning to offload its entire stakes in chip giant Nvidia. The sell-off will reportedly take place early next year. According to people with knowledge of the matter, the sell-off is not because of the downtown in the cryptocurrency sector.
Cryptocurrencies have no role in modern societies and regulators should ban them. Those are the sentiments for Allianz Global Investors head, Andreas Utermann.
Despite losing over $100 million in crypto investments, Billionaire investor, Mike Novogratz, is undeterred. The crypto poster boy maintains that the speculative mania that pushed Bitcoin to record highs is over
PayPal introduces an incentive system for its employees that runs on blockchain and utilises cryptocurrency. Employees can redeem the tokens for over 100 experiences within the firm.
Coinsquare acquires BlockEQ as one of the strategic moves aimed at diversifying its portfolio. The new company will operate as an autonomous subsidiary of Coinsquare.
Ethereum Open protocol OX (ZRX) has unveiled a new service that makes it easy for websites and apps to integrate digital currency payments. OX instant is the name of the new service that will make it easy for users to add seamless crypto purchasing and exchange functionality.
Coinbase has added support for privacy cryptocurrency Zcash (ZEC). Customers can now purchase, sell send and receive the altcoin in almost all the jurisdiction that the exchange operates.
Squire announces that it will acquire CoinGeek together with all of its operations and employees. The deal, valued at $45.3M is worth more than Squires market capitalisation. If successful, the deal will make Squire the largest publicly traded cryptocurrency entity.
Regulators in Japan are ramping up the fight against illegal activities in the cryptocurrency space. The country’s top financial regulator is in the process of unveiling a new set of regulations that will govern the process of carrying out Initial Coin Offerings
The biggest drivers for mums looking to invest are to generate a long-term return and to save for their children’s future.