Moelis Investment Bank Launches Blockchain Firm for Crypto Venture Deals

Moelis & Co, an investment bank founded by billionaire Ken Moelis, announced Monday to launch a global group focusing on venture deals in the blockchain and digital asset industry. The investment bank, led by former UBS dealmaker and billionaire Ken Moelis, has created a new team of dealmakers who will work on transactions with cryptocurrency and blockchain firms. The new team will be headed up by John Momtazee, Moelis’ co-founder and global head of media investment banking. The New York-based investment bank has also hired longtime venture investor Lou Kerner…

Thai SEC launches digital hotline for Zipmex users

In the aftermath of the Thai cryptocurrency exchange Zipmex stopping withdrawals last week, local financial regulators are stepping in to look into potential losses by investors. Thailand’s Securities and Exchange Commission (SEC) is taking action to collect all necessary information from investors on how they have been affected by issues on Zipmex. The regulator officially announced on July 25 that Zipmex customers can submit information via an online forum on the Thai SEC’s official website. The SEC has received a number of complaints from people affected by Zipmex after the…

Saudi Chemicals Producer SABIC Launches Blockchain Pilot Project – Blockchain Bitcoin News

A Saudi Arabia-based chemical manufacturer has said its recently launched blockchain pilot is expected to uncover the possibilities of the technology “in supporting end-to-end digital traceability of circular feedstock in customer products.” The benefits expected to accrue from using blockchain include reduced costs and time as well as improved data integration. End-to-End Digital Traceability A Saudi Arabian chemicals manufacturer, Saudi Basic Industries Corporation (SABIC), recently said it had launched a blockchain pilot project in conjunction with the technology firm Finboot. According to the chemicals producer, the objective of the pilot…

Bitcoin Non-Profit ₿trust Launches Africa Open Source Cohort; Names First Developer

Since ₿trust first received its funding, many key developments have quietly taken place since. It set up its board of directors and established a set of principles; however, it is still in the process of finalizing its organizational structure. Once that step is complete, additional developers will be recruited. Eventually, lessons learned in Africa will be used to improve expansion efforts in other regions of the global south. Nwosu, calls this, “responsibly scaling” – developing a replicable cohort model and minimizing the disruption caused by new and inexperienced developers as…

Swiss Luxury Watchmaker Franck Muller Launches Exclusive Binance NFT Collection With Limited-Edition Timepieces – Press release Bitcoin News

press release PRESS RELEASE. Franck Muller, the world-famous Swiss luxury watchmaker, has announced the release of a series of digital wearables and physical watches on the Binance NFT marketplace. The series will commence with the release of ‘Mystery by Franck Muller’ generative NFTs on July 27, 2022. This marks a continuation of Franck Muller’s pioneering journey in Web3 innovations, following the release of their Bitcoin watch in 2019. ‘Mystery by Franck Muller’ is an exclusive NFT Mystery Box collection with incredible rewards, from physical Franck Muller timepieces, Apple Watch faces,…

21Shares launches S&P risk controlled Bitcoin and Ether ETPs

With cryptocurrency markets shrinking over 50% this year, 21Shares are working to replicate S&P Dow Jones Indices’ benchmarks with its new risk-adjusted crypto investment products. The Swiss crypto investment firm 21Shares has launched two new exchange traded products (ETP) offering investors exposure to the largest cryptocurrencies — Bitcoin (BTC) and Ether (ETH) — while aiming to soften volatility via rebalancing assets to the U.S. dollar (USD). The new products, the 21Shares S&P Risk Controlled Bitcoin Index ETP and 21Shares S&P Risk Controlled Ethereum Index ETP, will start trading on the…

Bitcoin.com Launches Brand New Crypto Casino BitSpinCasino.com – Promoted Bitcoin News

Bitcoin.com sponsors the launch of a brand new crypto casino BitSpinCasino with support for gaming with various cryptocurrencies and a smashing welcome offer of up to 3 BTC! Play Exciting Casino Games With BTC, BCH, ETH, EUR, AUD, JPY & Many More Bitcoin as a form of value-driven technology is inarguably the most revolutionary idea that has been actualized in the modern arena of cross-border fintech innovation. Be it peer-to-peer payments, store of value, speculative trading, or digital transactions for goods and services, Bitcoin has fundamentally changed the…

Dubai Crown Prince Launches Metaverse Strategy — Fivefold Increase in Blockchain and Metaverse Companies Envisioned – Metaverse Bitcoin News

A master plan that aims to see the number of Dubai’s blockchain and metaverse companies grow from the current 1,000 to 5,000 in five years, was recently launched by the kingdom’s Crown Prince Sheikh Hamdan. Known as the Dubai Metaverse Strategy, the plan also seeks to create 40,000 jobs and bring in $4 billion to the Dubai economy. Metaverse Contribution to Dubai’s Economy The crown prince of Dubai and chairman of the Dubai Executive Council, Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, has launched an ambitious plan to attract…

Leading Auction House Christie’s Launches Web3 and Fintech Venture Arm – Bitcoin News

On Monday, Christie’s, the leading British auction house founded 256 years ago in 1766, announced the launch of a new venture fund called Christie’s Ventures. According to the announcement, the company’s venture arm plans to focus on “[Web3] innovation, art-related financial products and solutions, and technologies that enable seamless consumption of art.” Christie’s Ventures to Foster ‘Web3 Innovation, Art-Related Financial Products’ The British auction house Christie’s has revealed a new venture fund that aims to support “emerging technology and fintech companies.” The firm said that it plans to work in…