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Canada’s Rivemont Crypto Fund Holds 90 P.c of Its Property in Fiat

Canada’s Rivemont Crypto Fund Holds 90 P.c of Its Property in Fiat

Blockchain News
Canada-based Rivemont Crypto Fund, operate by a portfolio management firm Rivemont Investments, retains all around 91 p.c of its $2.3 million of assets in fiat currency, with only 9 % in Bitcoin (BTC), Bloomberg claimed July 17. The Rivemont Crypto Fund was established in December 2017 and is reportedly the only actively managed cryptocurrency fund in Canada. The fund is registered with the Ontario Securities Commission, the Alberta Securities Fee, the British Columbia Securities Commission, and is allowed to trade this sort of cryptocurrencies as BTC, Ethereum (ETH), Litecoin (LTC), Ripple (XRP), Bitcoin Funds (BCH) and Ethereum Common (Etc). The fund also plans to devote in initial coin offerings (ICOs) and altcoins like Neo and Sprint. Rivemont Crypto Fund’s president and portfolio
Issue Mounts About Likely Crypto Trade WEX Exit Fraud

Issue Mounts About Likely Crypto Trade WEX Exit Fraud

Blockchain News
People are significantly involved that an exchange saying to be based mostly in Singapore is pulling an exit scam adhering to suspicious trading action and locked wallets that are now preventing all customers from withdrawing funds. On July 11, CCN noted that BTC/USD was buying and selling on the WEX trade at more than $9,000 in spite of the global current market common being under $6,400. Just after spiking to $9,000 the Bitcoin reportedly traded steadily at $8,000 – more than $1,600 extra than the world wide value. USDT/USD also disclosed odd anomalies with the stablecoin pegged 1:1 to the price of the US greenback trading at $1.30 on WEX. When the prospect to invest in Bitcoin at a different trade and try to provide it for profit on WEX was probably tempting to several, there
Japan: Important Finance Agency SBI Opens Its Crypto Exchange to Traders

Japan: Important Finance Agency SBI Opens Its Crypto Exchange to Traders

Blockchain News
After sizeable delays, SBI Holdings has eventually started accepting account registrations for its new cryptocurrency exchange VCTRADE. Japanese internet huge SBI Holdings formally launched the general public edition of its cryptocurrency exchange VCTRADE, in accordance to an formal announcement July 17. The shift arrived right after various months of delays as SBI conformed with regulatory calls for for tightened security. “Account opening is out there for people today from 20 to 70 many years outdated residing in Japan,” a short observe verified, incorporating that “applications for environment up accounts from company customers are not at the moment recognized.” SBI has become an active blockchain
Bitcoin Mining Large Bitmain Opens 20,000 Sq. Foot Workplace in Silicon Valley

Bitcoin Mining Large Bitmain Opens 20,000 Sq. Foot Workplace in Silicon Valley

Blockchain News
Bitmain, the cryptocurrency industry’s most valuable business, has just opened an business in Silicon Valley in advance of its prepared original community presenting (IPO) later on this 12 months. The Silicon Valley Enterprise Journal stories that the China-based mostly cryptocurrency mining hardware maker has just moved into 20,000 sq. ft of office environment area in downtown San Jose, CA, filling the past vacancy in the city’s Riverpark Towers office building, which has come to be a hub for tech startups such as Okta, Cohesity, and WeWork. Bitmain’s expansion into Silicon Valley is not fully surprising. The agency is now valued at $12 billion following the conclusion of previous month’s $400 million funding round, creating it not only the most beneficial cryptocurrency busine
Stasis Onboards First Institutional Consumer for EURS Stablecoin

Stasis Onboards First Institutional Consumer for EURS Stablecoin

Blockchain News
Stasis, the crypto ecosystem which a short while ago released the stablecoin EURS that is paired precisely versus the Euro not too long ago introduced that it had onboarded its first institutional client. The announcement was built by means of a tweet by Stasis CEO Gregory Klumov. Speaking completely to CCN, Klumov spelled out that the shopper operates in the discipline of cash administration. onboarded first institutional customer #EURS https://t.co/k0D2yvBDhz — Gregory Klumov (@gregoryklumov) July 13, 2018 “We are pleased to welcome on board of the STASIS ecosystem a accredited income supervisor, specializing in liquid solutions. Institutional buyers are just commencing to accumulate crypto publicity and the EURS token is a great commence to get concerned in this enjoyable m