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US Copyright Office Responds to Craig Wright’s Bitcoin Registrations

On May 21, 2019, a press release was sent to a variety of publications that said Craig Wright was granted two U.S. copyrights for the original Bitcoin white paper and version 0.1 of the cryptocurrency’s code. Meanwhile, the U.S. Copyright Office specifically addressed the matter…

OpenFin raises $17 million for operating system

Financial services company OpenFin has obtained $17 million in Series C funding led by Wells Fargo, the company announced in a press release. Other investors included Barclays as well as existing investors, such as Bain Capital Ventures, JPMorgan and Pivot Investment Partners. The latest investment brings…

Fidelity is hiring for 9 positions at its digital asset arm

A week after Bloomberg reported that Fidelity is launching bitcoin trading soon, the firm is making new moves to ramp up its crypto business. The financial services giant is hiring for nine positions at its digital asset arm, Fidelity Digital Assets, with roles ranging from…

CME’s Bitcoin Futures Break Records With $1 Billion in Notional Volume

The world’s largest options and futures exchange, Chicago Mercantile Exchange & Chicago Board of Trade (CME Group) and its bitcoin futures contracts saw an all-time high on May 13. According to CME’s records, the exchange recorded 33,700 contracts on Monday which represented a notional value…

Crypto dealer SFOX inks partnership to offer FDIC protection to select clients

A partnership between SFOX and M.Y. Safra Bank is providing crypto trading firms with a level of security found in traditional finance. The cryptoasset platform’s collaboration with the New York bank is creating FDIC-insured deposit accounts for crypto traders, enabling direct access to their funds…

SFOX and M.Y. Safra Bank collaboration introduces FDIC protection

A partnership between SFOX and M.Y. Safra Bank is providing crypto trading firms with a level of security found in traditional finance. The cryptoasset platform’s collaboration with the New York bank is creating FDIC-insured deposit accounts for crypto traders, enabling direct access to their funds…

Renewed Market Growth Has Sparked Demand for Crypto-Backed Loans

With cryptocurrency markets back to life, hodling sounds like a smart strategy once again. Cryptocurrency owners are now more likely to pledge coins to borrow fiat if they need it, rather than sell their appreciating digital assets. The spread of crypto-backed loans could also be…

Multi-dealer platforms for crypto are the future, but competition is fierce

Both Wall Street giants and financial services startups are trying to gain first-mover advantage in becoming the one-stop brokerage shop for crypto assets. Bloomberg reported on Monday that asset management behemoth Fidelity will roll out its bitcoin trading business in a few weeks, signaling a…

47% of Institutional Investors Welcome Crypto Investments, Survey Shows

A new study reveals surging investments in cryptocurrencies by institutional investors, with almost half of them viewing crypto assets as having a place in their portfolios. “Institutional investors are overwhelmingly favorable about the appealing characteristics of digital assets,” Fidelity Investments described. Also read: Indian Supreme…