Italy’s largest bank enters crypto market with $1M Bitcoin investment
Intesa Sanpaolo has become Italy’s first bank to make a Bitcoin investment after buying more than $1 million worth of BTC during a period of growing institutional interest.
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ARK Invest, 21Shares join queue to offer Ethereum futures ETF
The co-filing comes just a week after reports emerged that the SEC is likely to greenlight Ethereum ETF applications. 1103 Total views 3 Total shares Investment firms ARK Invest and 21Shares have teamed up to apply for two Ethereum futures exchange-traded funds after reports emerged last week that the United States securities regulator could soon…

Quebec Pension Fund loses almost entirety of its Celsius investment in less than ten months
"For us, it is clear, when we look at all this, we arrived too soon in a sector which was in transition," says CEO Charles Émond. 424 Total views 18 Total shares According to local news outlet LaPresse on Wednesday, the Caisse de dépôt et placement du Québec (CDPQ), an institutional investor chartered with managing…

SEBA Bank to provide Ethereum staking services to institutions
SEBA Bank executive Mathias Schütz believes that institutions can also play a role in securing the Ethereum network by staking Ether. 84 Total views 5 Total shares As the Ethereum network moves from proof-of-work (PoW) consensus to proof-of-stake (PoS), a digital asset platform initiated a service for institutions to dive into Ether (ETH) staking. In an…

AI deepfake tool on ‘new level’ at bypassing crypto exchange KYC: Report
The new AI-powered tool, customized specifically to target crypto exchanges and financial platforms represents “a new level of sophistication” in fraud, says cybersecurity firm Cato.

Rising crypto crimes in Australia prompt call for tougher regulations
AUSTRAC's latest report highlights a rise in criminal use of cryptocurrencies, urging stricter regulations and international cooperation to combat money laundering.

Nifty News: Hyundai partners with Meta Kongz, Activision surveys on NFTs, and more
South Korean automobile manufacturer Hyundai announced today, April 18th, that it has partnered with the Meta Kongz NFT project to create a limited collection of 30 NFTs launching sometime in May 2022.Hyundai also created a new Twitter handle @Hyundai_NFT for its NFT-related communications and posted a video showing an animated Meta Kong riding through space…

Bitcoin counts down to $100K BTC price as shorts risk 'violent breakout'
Bitcoin hitting $100,000 seems all but certain as sell-walls disappear and shorts risk getting "squeezed" by rampant BTC price momentum.

Solana (SOL), Cosmos (ATOM) buck the trend to hit new highs after protocol upgrades
Bitcoin's (BTC) sharp correction below $45,000 sent shockwaves throughout the entire market for a second day and many altcoins are fighting to hold the gains they've accrued since the start of the year. Two exceptions to the current downturn are Solana (SOL) and Cosmos (ATOM), which have both managed to experience minor price breakouts following recent…