Tag "digital assets"
Adoption of Digital Assets Among Institutional Investors Increases
Despite turbulent conditions in the crypto markets, adoption of digital assets among institutional investors is increasing worldwide, driven by improved perception of the emerging asset class and investors’ attraction to the prospect of high returns, according to the Fidelity Digital
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Wealth Managers Reluctant to Invest in Crypto
Wealth managers around the world are still reluctant to invest in cryptocurrency on behalf of their clients amid concerns over the lack of regulation, the lack of education as well as high volatility, a new study by American asset management
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Hackers Tap Cross-Chain Bridges Vulnerabilities; Whopping US$2B Worth of Crypto Stolen
Hackers and cybercriminals are exploiting vulnerabilities found in cross-chain bridge protocols to siphon billions of dollars worth of cryptocurrencies out of wallets and smart contracts, a new report by blockchain analytics firm Chainalysis claims. A total of 13 separate cross-chain
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A Look at Switzerland’s Booming Digital Asset Ecosystem
In recent years, Switzerland’s blockchain and digital asset ecosystem has matured rapidly and grown into one of the world’s leading blockchain hubs, a position that’s asserted by its expanding workforce and a rising number of foreign companies setting up operations
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55% of World Top Banks Have Invested in Blockchain and Crypto Companies
In 2021, blockchain and cryptocurrencies continue to be a hot field for banks to be in as they look to capitalize on the emerging asset class. According to new data from Blockdata, a CB Insights company, out of the world’s
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2021, a Tipping Point for Digital Asset Adoption in Switzerland
2021 was the tipping point for the acceptance of cryptocurrencies and digital assets in Switzerland. Investors entered the space at a rapid pace and client demand became simply too large to brush aside. Meanwhile, financial institutions started actively joining the
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Crypto Hedge Fund Industry Assets Surge to Record US$3.8B
Last year, cryptocurrency hedge fund assets nearly doubled to hit a new record as the industry delivered outstanding performance. Amid a crypto market bull run, total assets under management (AuM) of crypto hedge funds surged from just over US$2 billion
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Google Trends: Interest in Bitcoin Spikes Amid Price Rally to New All-Time High
The price of bitcoin surged to a new all-time high, crossing US$23,700/BTC on Thursday. The climb brings the cryptocurrency’s year-to-date gains above 200%. The price rally, which began in early October and accelerated towards the start of December, pushed general
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A Look at Switzerland’s Blockchain DLT Fintech Industry
A recent analysis by ccecosystems.news has identified 167 blockchain and distributed ledger technology (DLT) startups focusing on financial services in Switzerland. Out of the 167 companies, only 117 had a valid Internet presence, implying that about 30% of these ventures
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Institutional Adoption of Digital Assets Poised for Prime Time
Though institutional adoption of digital assets remains low, demand from traditional trading firms is growing rapidly, showcasing that the sector is poised for prime time, according to a research by management intelligence platform Acuiti. In a special report titled Institutional
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