Digital gold or fool’s gold: is crypto really a hedge against equity risk? September 14, 2022 | City Talk Crypto enthusiasts often claim that digital coins and tokens are uncorrelated with equities and can provide a safe haven amid stock market crashes. The assumption is that cryptoassets will act like “digital gold,” serving as a hedge against equity risk and helping investors ride out such downturns. Such bold claims beg for examination, especially amid [...]
Crypto bank SEBA launches Ethereum staking services September 12, 2022 SEBA Bank has launched Ethereum staking services, enabling rewards to be earned on Ether - the second largest cryptocurrency by market cap.
Green appointed to Thailand’s National Innovation Agency September 12, 2022 Nigel Green, the CEO and founder of deVere Group, has been appointed to the National Innovation Agency of Thailand.
The world has suddenly changed, but there is a constant that will outlive us all September 9, 2022 Crypto AM's Jason Deane tries to make sense of one of the most eventful and significant weeks in world history.
Claimants pile into Dogecoin lawsuit against Elon Musk September 8, 2022 A $258bn lawsuit accusing Elon Musk of running a “crypto pyramid scheme” to bolster the price of Dogecoin has expanded to include seven new claimants and six defendants, including The Boring Company. The lawsuit, first filed in a New York federal court in June, accuses the world’s richest man of running a ponzi scheme by [...]
Three-in-four wealth managers are gearing up for more cryptocurrency exposure September 8, 2022 Wealth managers and financial advisors are preparing to increase their exposure to cryptocurrencies over the next 12 months.
Jones Day to host fintech day in San Francisco September 7, 2022 Global law firm Jones Day has launched FinAccelerate - an accelerator program to help arm selected fintech start-up companies with legal knowledge.
Jump the sinking Bitcoin ship now, cries crypto critic Peter Schiff September 6, 2022 Bitcoin naysayer Peter Schiff has been urging investors to abandon what he describes as a sinking ship before it’s too late.
From home repossession to a virtual home in Metropolis metaverse September 6, 2022 A can-do attitude mixed with a pinch of hope has secured a new home in the Metropolis metaverse for journalist and activist Jillian Godsil.
Copper brings in Mastercard’s Tim Neill as Chief Risk Officer September 5, 2022 Digital asset platform Copper.co has appointed Mastercard high-flyer Tim Neill as Chief Risk Officer with immediate effect.