Crypto Exchange-Traded Product to Launch on Swiss Stock Exchange

Crypto Exchange-Traded Product to Launch on Swiss Stock Exchange Switzerland is to see the launch of the first ever exchange-traded product (ETP) tracking multiple cryptocurrencies. As reported in the The Financial Times on Saturday, the country’s principle stock exchange, Six, has given the go ahead for the ETP, which is called the Amun Crypto ETP and will go by…

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Cryptocurrency Is ‘a Big Deal’ But Needs Institutional Investment, Says KPMG Report

Cryptocurrency Is ‘a Big Deal’ But Needs Institutional Investment, Says KPMG Report Netherlands-based ‘Big Four’ auditor KPMG released a bullish report on cryptocurrency Nov. 15. The report argues that institutional investors must join the industry for it to “realize its potential.” The report, dubbed ‘Institutionalization of Cryptoassets,’ focuses on why and how institutional investors should enter cryptocurrency, along with “challenges” the process…

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After Pulling Stunts on Warren Buffet and Jamie Dimon, Genesis Mining – the World’s Leading Cloud Mining Company, Does It Again!

After Pulling Stunts on Warren Buffet and Jamie Dimon, Genesis Mining – the World’s Leading Cloud Mining Company, Does It Again! Genesis Mining has made a name for itself in the crypto industry as one of the leading, and a reliable mining contracts provider. While the platform has got a strong following of crypto-miners, enthusiasts,…

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Korea’s Largest Power Provider to Use Blockchain for Eco-Friendly Micro Grid

Korea’s Largest Power Provider to Use Blockchain for Eco-Friendly Micro Grid Korea’s largest power provider KEPCO says it will use blockchain and other innovative energy solutions to develop its next-generation micro grid (MG), according to an official press release Nov. 19. KEPCO is a $15.9 billion market cap corporation in which the South Korean government and state-controlled bank hold a majority stake; it has a “virtual…

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Israel: Crypto Investment House Launches Two New Funds for Institutional Clients

Israel: Crypto Investment House Launches Two New Funds for Institutional Clients Israel’s first dedicated crypto investment firm for institutional investors, Silver Castle Ltd., has launched two new crypto funds this month, Bloomberg reportedNov. 18. The firm – whose high-profile lineup includes the former CEO of Israel’s largestbank, Bank Hapoalim, as well as the founder of the country’s…

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Bitcoin Smart Contract Protocol Rootstock Acquired by Spin-off Project RIF Labs

Bitcoin Smart Contract Protocol Rootstock Acquired by Spin-off Project RIF Labs Bitcoin-based smart contract protocol Rootstock (RSK) is integrating with spin-off project RIF OS to expand its scope of operations, the parties confirmed in twoseparate blog posts Nov. 18. As part of the deal, RIF Labs, the structure behind off-chain infrastructure layer RIF OS, will acquire RSK’s counterpart RSK Labs. RIF…

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Traders Claim Losses After OKEx Suddenly Settles Bitcoin Cash Contracts

Traders Claim Losses After OKEx Suddenly Settles Bitcoin Cash Contracts Traders have reportedly incurred losses after Hong Kong-based cryptocurrency exchange OKEx settled bitcoin cash futures contracts almost without warning ahead of last week’s hard fork. According to a Bloomberg report Monday, the decision by OKEx resulted in significant losses for some investors, including Qiao Changhe, founder of…

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7 Facebook, Amazon, Apple, Netflix and Google Staffers That Went Full Crypto

7 Facebook, Amazon, Apple, Netflix and Google Staffers That Went Full Crypto “Follow the talent.” It’s a maxim investor Chris Burniske tweeted recently to underscore another tweet from AngelList co-founder Naval Ravikantwhen he wrote back in March: “Blockchains are now sucking in top-tier Silicon Valley tech talent faster than any boom since the Internet.” Yet, as the first flurries of…

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Deloitte Blockchain Chief: Bad Crypto Headlines Making Clients ‘Nervous’

Deloitte Blockchain Chief: Bad Crypto Headlines Making Clients ‘Nervous’ “Can we stop talking about my bad brother?” That’s how Linda Pawczuk, leader of Deloitte Consulting’s financial services industry blockchain group, describes the conversations she often has these days with executives and board members of client companies. Pawczuk’s team is squarely focused on helping decades-old, global…

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