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U.S. Regulations to Consider When Managing a Cryptocurrency Fund

Perficient

However, in this blog, we will discuss the regulatory landscape surrounding cryptocurrency from an asset manager or fund manager perspective. For those wanting to start their own cryptocurrency fund, it’s important to be well informed about cryptocurrency regulations.

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Cryptocurrency Price Manipulation Courtesy Of Bots

PYMNTS

The manipulation of cryptocurrencies is getting attention from regulators who have been warning that these digital tokens, and the exchanges they are traded on, could be vulnerable to price manipulation. ” He said that earlier this year, Virgil Capital lost money on ether trades due to a bot.

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Bitcoin Daily: Lender Vauld Nets $2 Million To Expand To Full Crypto Bank; SEC Freezes Assets Of Virgil Capital In Alleged Fraud In Crypto Trading Fund; Japan's SBI Holdings Claims Ripple's XRP Is Crypto, Not A Security

PYMNTS

Cryptocurrency lending platform Vauld raised $2 million to expand into full banking services, including issuing credit and debit cards and providing fiat and crypto order books, CoinDesk reported. The funding round was led by Pantera Capital and included Coinbase Ventures and LuneX Ventures. In other news, the U.S.

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Panxora Safeguards ICO Capital For Treasurers

PYMNTS

Cryptocurrency consortium Panxora is rolling out a new solution aimed at helping organizations preserve the funds they have raised through Initial Coin Offerings (ICOs). “Too many exciting ICO projects have fallen by the wayside due to poor financial management,” said Panxora Group CEO Gavin Smith in a statement.

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Bitcoin Daily: Nigeria’s Crypto Market Surges; Alleged Crypto Capital Operator Charged With Fraud

PYMNTS

Binance , Nigeria’s cryptocurrency market, has seen sign-ups surge 50 percent so far in 2020. There was such a demand for the classes that Emmanuel Babalola, Binance’s Nigerian business manager, said it’ll hold further classes. Fraud has become a concern with cryptocurrency around the world.

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Cryptocurrency Tax Management Software Provider CoinTracker Valuation Climbs To $1.3B. CoinTracker Competitors Include TaxBit, ZenLedger, And CryptoTrader.Tax.

CB Insights

CoinTracker , a cryptocurrency tax management software provider, has raised $100M in a Series A. The round drew participation from Accel, Coinbase Ventures, General Catalyst, Y Combinator, and Initialized Capital, among others. The post Cryptocurrency Tax Management Software Provider CoinTracker Valuation Climbs To $1.3B.

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Cryptocurrency Exchange Platform FTX Raises $420.7M At A $25B Valuation

CB Insights

FTX , a cryptocurrency exchange platform, has raised $420.7M The round drew participation from Sea Capital, Tiger Global Management, Sequoia Capital, Temasek, and BlackRock, among others. The post Cryptocurrency Exchange Platform FTX Raises $420.7M in an extended Series B. How’s the company performing?