05/31/2022
JPMorgan Says Bitcoin Is Now Undervalued by 28%
Last November, the cryptocurrency market valuation was more than $3 trillion and as of this writing it's $1.26 trillion according to CoinMarketCap.
Bitcoin, Blockchain & AI
05/31/2022
Bank of America boss Moynihan joins Lagarde in knocking crypto
Brian Moynihan, Bank of America CEO, told a journalist "no" when asked if the bank was missing out on the next thing by not making a major play in crypto.
05/31/2022
Cryptocurrency: Gold Mine or Minefield
From smart contracts through to securitisation; blockchain promises to change how we interact, the speed at which we interact and how trust is formed.
05/30/2022
Crypto lender Babel Finance raises $80m, reaches $2bn valuation
The Hong-Kong based crypto lender has applied for licences in the UK and Luxembourg.
05/30/2022
Stablecoin Failures Highlight The Need For Crypto Audit Standards
One item that needs to be clarified, however, before more comprehensive conversations around cryptoasset audits can be conducted
05/30/2022
Binance gets nod from Bahrain’s central to offer more crypto services
Binance has eyed Bahrain and the United Arab Emirates as crypto hubs, given their existing regulatory frameworks, sandboxes, and desire to host pioneering financial services
05/30/2022
Carey Olsen and Oakbridge support Phillip Street Partners on launch of new crypto macro fund
Kok Lee Sit of Phillip Street Partners commented: "It is indeed a pleasure working with true professionals at Carey Olsen and Oakbridge Fund Services. Digital assets are, without a doubt, going mainstream and here to stay."
05/26/2022
How Blockchain is Key to Democratising Asset Management
Innovation within this sector is one of the keys to bridging the wealth divide and restoring confidence in the financial sector.
05/26/2022
AI will bring a profits windfall – if investors play it right
AI and automation could bring huge benefits to investors and the planet, but it is unlikely to prove a happy experience for all.
05/26/2022
JPMorgan says bitcoin has ‘significant upside from here’ and could rise to $38,000. Real estate not so much
But crypto investors are getting some much-needed support from an unlikely source this week—JPMorgan Chase.
05/25/2022
Just 1 In 5 Family Offices Are Invested In Cryptocurrency
Cryptocurrency as an asset class is extraordinarily volatile.
05/25/2022
BNP Paribas joins JP Morgan’s Onyx blockchain as it ramps up digital assets play
The bank traded its first intraday repo on the platform last week, becoming the first European bank to join the network.
05/25/2022
Three Technology Trends Gaining Traction in Banking and Investment Services in 2022
20% of all test data for consumer-facing use cases will be synthetically generated by 2025.
05/25/2022
Equity Bank Kenya CEO: Digital currencies can complement mobile money
The banker believes that the continent is in a prime position to take advantage of emerging technology at a higher pace than the developed nations, and in time, it could even leapfrog them on fourth industrial technologies.
05/25/2022
Estate Planning for the Digital Future
Technology is adding another layer of complexity to the planning process.
05/25/2022
Babel Finance closes US$80 million Series B fundraising round at US$2 billion valuation
The latest funding round propels Babel Finance into the ranks of the world's most valuable crypto financial services companies in the institutional services sector
05/24/2022
Mercuryo hits three million users worldwide
The milestone represents a significant acceleration in growth for the London-headquartered business, having hit 2 million users just four months ago, in January this year.
05/24/2022
Metalpha: Advanced digital asset management platform jointly established by LYL Dragon Victory International and Antalpha AntPool
Metalpha aims to provide advanced asset management services for digital currency users around the world
05/24/2022
Recent developments in the UK and Dubai as jurisdictions compete to become hubs for crypto innovation
"This is part of our plan to ensure the UK financial services industry is always at the forefront of technology and innovation."
05/23/2022
Binance UK partners with Fintech Founders group
With the UK government throwing its weight behind the country becoming a hub for digital assets innovation, more and more fintech innovators are looking to the crypto space also.