Asset Allocation
Coinbase Acquires One River Digital
The digital asset manager will become Coinbase Asset Management, with CEO Eric Peters remaining on board.
Tag: Cryptocurrency
Newsmakers
Sequoia Capital, Thoma Bravo, Paradigm Sued for Touting FTX
Investment firms allegedly made ‘deceptive and misleading statements’ to promote the failed crypto exchange.
Risk
Crypto Bloodbath Won’t Stop Spreading, as Some Lose the Right to Their Money
A bankruptcy judge’s ruling against customers in the Celsius case is the latest blow.
Newsmakers
Ontario Teachers Pension Could Lose $95 Million on FTX Investment
The $183 billion Canadian pension fund said its exposure to failed crypto exchange was minimal.
Regulation
Kim Kardashian Agrees to Pay SEC $1.26 Million for Touting Crypto
Reality TV star also agreed not to promote digital tokens for three years for failing to disclose promotional payment.
Risk
Criminality Proves Resilient During Crypto Crash
Losses from cryptocurrency hacks rise 60% during first seven months of 2022.
Asset Allocation
CDPQ Loses 7.9% in First Half, Writes Off Crypto Loss
Canada’s second largest pension is looking at legal options over failed $150 million crypto investment.
Newsmakers
Latest Sign of Crypto Decline: Scaramucci Bars Fund Redemptions
Despite a small bitcoin rally recently, several notable financial firms are retreating from digital currencies or running into trouble.
Newsmakers
Another Headache for Crypto: Blockchain Is Vulnerable, Study Says
The digital ledger, touted as safe from tampering, isn’t really that secure, per DARPA.
Risk
Maybe, Just Maybe, Bitcoin Has Hit Bottom
Technical indicators point to a possible low point for the battered cryptocurrency, say Glassnode researchers.
Asset Allocation
How to Manage Investing in Alternatives
LACERA’s Grabel and WTW’s Vodolazschi explore this wide-ranging asset category in CIO's webinar.
Asset Allocation
Battered Stocks and Bitcoin Are Increasingly Correlated
The closer matches between old-school and new-school assets are a switch from a year ago.
Regulation
Bill Would Silence Labor Department on 401(k) Investment Guidance
The Financial Freedom Act’s sponsor says the federal government should not involve itself in investment choices for retirement plans.
Newsmakers
Black Investors Increase Saving and Investing, But Also Risk
Survey finds more saving and investing among Black Americans, but also historically low stock market participation.
Asset Allocation
Crypto Adoption Among Canadian Institutional Investors Accelerates
KPMG says crypto investing among institutional investors is rising sharply and shows no signs of slowing down.