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🚀 More hedge funds are joining the crypto express 🚂
| Are we going Dutch, Geckos? According to Intertrust Group, over 98% of hedge funds intend to have crypto exposure.
The Dutch trust company's survey comprises over 100 hedge fund executives and estimates that an average of 7.2% of hedge funds' assets will be in crypto.
Notably, North American, European, and British hedge fund executives intend to have at least a 1% portfolio exposure to crypto assets by 2026.
In today's news, South Korean exchanges face increased regulatory scrutiny, Fox allocates an additional $100M to their NFT marketplace, and BitClout gets more clout.
Read on! | | | | |
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Cryptoassets are highly volatile unregulated investment products. No EU investor protection. Your capital is at risk. | | South Korean Exchanges are Feeling the Heat According to a local report, 11 out of 20 exchanges were served with a regulatory notice which led to either trading halts on certain assets or warnings.
Huobi Korea counts itself as one of the exchanges and was forced to delist its own Huobi (HT) token.
The crackdown has intensified after the government updated South Korea's Financial Transactions Reports Act.
CoinDesk | | Fox is Doubling Down on NFTs Last month, Fox Entertainment announced the launch of their NFT marketplace known as Blockchain Creative Labs.
Since then, the media giant has allocated an additional $100M to help fund its ambition to build a fan-animation NFT marketplace together with its animation studio, Bento Box.
Bento Box is renowned for its hit shows such as "Bob's Burgers" and is currently producing "Krapopolis," a new animated series from the creators of "Rick and Morty".
Decrypt | | BitClout is Generating More Clout
Coinbase CEO, Brian Armstrong is facing backlash after openly supporting the controversial blockchain social network, BitClout (CLOUT).
Meanwhile, Blockchain.com just announced that they will start supporting CLOUT trading this week.
Bitclout is a controversial project which tokenized the profiles of 15,000 people on Twitter without obtaining prior permission.
cryptonews |
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| | Off-chain It refers to transactions occuring outside the blockchain and executed instantly. There are number of methods to do off-chain transactions. For example, two interested parties do a transfer agreement. Next, a third party faciliatete the transaction by become the guarantor in it. Learn about other Crypto terms here | | |
While few algorithmic stablecoins such as Frax Finance (FXS) have undoubtedly proven it is here to stay, another sleeping giant has not garnered the same attention in the community. We are, of course, talking about TerraUSD (UST). Let our analyst, Ben take you on an interstellar journey into UST and the Terra ecosystem. | | | | | | MINDArtist: Kidmograph Gallery: MakersPlace
Mind is the first piece of the triad
The concept of this series surrounds the endless transformations between humans and their primitive representations. The simplest sacred geometry. MIND (Sphere)
Check out other NFTs on CoinGecko | |
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