Tag: Investors

Prominent Investors Bankroll P2E Project Founded by Gaming Veterans

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The wave of recent cryptocurrency gaming projects has attracted significant investment, as both digital-facing and traditional venture capitalists have bet big on play-to-earn and NFTs. It’s not just financiers either: gaming studio Ubisoft, the company behind Assassin’s Creed and Far Cry, just led a $60 million investment in White Start Capital’s new Digital Asset Fund, much of which is certain to flow into the burgeoning gamefi space. Blockchain games deployed on mobile and desktop are increasingly viewed as an accessible gateway to crypto, a means by which the industry can…

CeFi Platform Celsius Restricts Yield Rewards To Only Accredited Investors In U.S.

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Celsius has been positioned as one of the leading yield-generating CeFi platforms on the market, battling neck-and-neck with other dedicated CeFi platforms such as BlockFi and Nexo. Their positioning is seemingly weakened this week, certainly with retail investors, as the platform sent out an announcement to all users and released a public announcement that new funds supplied – even from existing accounts – into Celsius’ platform would no longer be eligible to earn yield unless they are accredited investors. Let’s look at what we know from today’s release, and the…

Celsius announces only transfers from accredited US-based investors will be able to earn rewards

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Crypto lending firm Celsius Network has announced it will be launching a custody solution for users based in the United States in response to discussions with local regulators. In a Monday announcement, Celsius said its ​​Earn product, which allows users to earn interest on crypto, would be unavailable to U.S. residents making transfers starting on Friday. According to the firm, any coins transferred to interest-earning accounts before Friday “will continue to earn rewards,” but “new transfers made by non-accredited investors in the United States” will be held in custody accounts.…

Celsius Bans US Non-Accredited Investors From Earning Crypto Rewards

“As we previously have acknowledged, Celsius has been working closely with regulators around the world. It is our intention to be as transparent with our community as possible,” the company said in a blog post Tuesday. “More specifically, we have been in ongoing discussions with United States regulators regarding our Earn product. As a result, there will be changes to the way our Earn product will work for users based in the United States.” Source

Mark Karpeles’ UnGox Wants to Help Investors Assess the Risks of Crypto Products; Bitcoin Drops Below $40K

Bitcoin recently fell below $40,000, a more than 5.4% drop over the past 24 hours and down from highs at the end of March above $47,000. Ether, the second-largest crypto by market cap, was trading slightly over $3,000 – a more than 6% decline over the same period – after dropping below this threshold earlier in the day for the first time since the middle of last month. Other major altcoins fared even worse, with Terra’s LUNA token, SOL and ADA all in the red by double digits. Meme coins…

UK-based loan provider lets investors tokenize their fund with Securitize partnership

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Whitehall Capital, a London-based loan provider, struck a deal with an American digital asset securities marketplace Securitize to enable its investors to hold their units as blockchain tokens. According to an April 11 announcement, Whitehall investors will be able to use buy and sell units in the Whitehall fund via Securitize platform. After registering on Securitize, an investor will see their assets as a number of tokenized units, with the performance markers, investment reports and other valuable information included. They could also trade the units with other investors by posting a…

$130 billion wiped off crypto markets in 24 hours

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io CNBC’s Kate Rooney reports on bitcoin, ethereum hitting multi-month lows and what it means for cryptocurrencies. For access to live and exclusive video from CNBC subscribe to CNBC PRO: Bitcoin saw a modest bounce into positive territory Monday after the cryptocurrency continued its slide from last week. On Monday, bitcoin fell to $32,982.11, its lowest point since July, according to Coin Metrics, but the largest cryptocurrency by market cap was up 2.5% in afternoon trading, to $36,108.92. Ether plunged to as low…

Crypto Investment Is Risky? Watch To Know More By Anil Singhvi

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io #EditorsTake | निजी क्रिप्टो करेंसी पर रोक की तैयारी.. क्रिप्टो करेंसी पर बन रहे कानून से क्या होगा? क्रिप्टो पर रेगुलेशन क्यों है बेहद जरूरी? क्रिप्टो इन्वेस्टर्स के लिए क्या है अनिल सिंघवी की सलाह? #CryptoCurrecy | #CryptoNews | #CryptoNewsWithZee | #Bitcoin | #Dogecoin | #EditorsTake | #AnilSinghvi | #JeromePowell | #JoeBiden #FedChairman | #ZeeBusiness | #DeepanshuBhandari | #Inflation | #EquityMarket | #DollarIndex | #USMarket | #GlobalMarket | #MarketTrend | #IndianMarket #Trading | #Traders | #Investors | #BusinessNews | #BusinessUpdate | #MarketUpdate…