A pension fund in the United States has added both Bitcoin and Ether to its portfolio. This marks the first-ever cryptocurrency investment by a US public pension plan, further highlighting institutional demand for crypto exposure. Firefighter Pension Partners With NAYDIG According to a press release from Newswire, the Houston Firefighters' Relief and Retirement Fund (HFRRF) announced their investment this morning. NAYDIG – a Fintech service provider for banks, corporations, and institutions – facilitated the purchase on the fund’s behalf. It…
Tag: Alibaba
BTC Hits New All-time High, and Becomes The 9th Most Capitalized Asset
Bitcoin (BTC) is on a roll, breaking record after record since it surpassed the $20k milestone less than three weeks ago. The leading crypto asset recently crossed $35k today and is now in the top 10 most capitalized assets globally. Bitcoin (BTC) crosses $35,000 Bitcoin continued its bullish run in the New Year, surpassing the $30,000 mark on January 2nd. After making a massive surge to $34k, the leading coin suffered a major dip on January 4. The retracement caused…
10 months ago
224 Blockchain Ventures Approved By Chinese Cyberspace Regulators
According to China’s Office of the Central Cyberspace Affairs Commission (OCCAC), the third round of blockchain projects towards approval by the Chinese regulators is taking off. The latest addition to the commission’s registry is 224 distributed ledger technology (DLT) ventures and it includes leading technology companies Alibaba, Baidu and China Mobile. It seems that the news was first revealed by a Twitter user AliceolaCrypto on April 26: “#China has just announced the 3rd batch list of #blockchain filings, 224 projects approved…
1 year ago
Blockchain Domains Starter Guide: What Are They and How do They Work?
Ever since the introduction of blockchain, the world has seen technology disrupt various sectors and industries. With blockchain having some commendable success in supply chain management, health care, and others, experts seem keen to explore other areas where the innovation could come in handy. One such area is domain name registration. Although the internet has been evolving over the years, web hosting and domain registration haven’t changed over the years. However, software companies are now looking to change the industry…
2 years ago
Ant Financial Plans to Unravel Its Enterprise Blockchain Platform
Based on recent reports, the Enterprise Blockchain platform's launch has been confirmed following its launch by Ant Financial. The platform's primary focus is directed at enterprises and is termed as "Ant Blockchain Open Alliance," which is generally an Alibaba affiliate. Comments by the Ant Financial Group Vice President Following the Ant Financial Group vice president's review, Jiang Guofei made it on the 8th of January. He stipulated the full operational chain's expected to launch that was presided by the beta version launch…
2 years ago
