Asia Financial's Future of Money index, a basket of 10 leading cryptocurrencies, has plunged 19% this week alone and is down 27% during the past month.
The fund outperformed all other actively managed US equities in 2020 on the strength of its portfolio of companies such as Zoom Video Communications and Teladoc Health
The SPAC plans to invest in Web3, blockchain, cryptocurrency, digital ledger, e-gaming and other new financial technology and services industries
Nvidia's chips became popular for their use in crypto-mining, the process of obtaining crypto rewards in exchange for verifying transactions on distributed ledgers
The service was used in the laundering process for North Korea’s Axie Infinity heist, processing over $20.5 million in illicit proceeds, officials said
Asia is the frontrunner in the NFTs craze with Central and Southeast Asia accounting for 35% of the $22 billion in global trade
Mow said his new company Jan3 has signed a memorandum of understanding to develop digital infrastructure in El Salvador.
The fund has agreed with a coalition of bitFlyer Holdings shareholders to buy a majority stake, which is estimated to have a value of up to $370 million
"We should take measures to prevent listed persons and institutions from switching to unregulated crypto-assets,” Germany's finance minister said
The Financial Stability Board, which groups regulators, central banks and finance officials from G20 economies, is looking at what needs to be done with cryptoassets such as bitcoin and stablecoins