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Showing 51 - 60 of 65 results for "Ether"

DigitalX launches crypto-heavy fund

KANIKA SOOD  |  WEDNESDAY, 11 APR 2018
Listed crypto advisory firm DigitalX has launched a fund that will predominantly invest in cryptocurrencies and form part of its newly-formed funds management division led by a former Ellerston Capital portfolio manager. Its inaugural fund, DigitalX ...

AMP Capital enters US telco market

JAMIE WILLIAMSON  |  TUESDAY, 13 MAR 2018
AMP Capital will acquire a US telecommunications company, becoming the fund manager's first asset of its type in the region. AMP Capital entered into a definitive agreement with Everstream Solutions' investors for an undisclosed amount. The super-regional ...

Private wealth platform appoints ASX-listed corporate adviser

ALEX BURKE  |  TUESDAY, 6 MAR 2018
A blockchain-based private wealth platform that created China's first robo-advice solution appointed an ASX-listed corporate advisory firm for its initial coin offering (ICO). Bankorus, which now advises more than 200,000 high-net-worth investors representing ...

Crypto hype drives new partnership

JAMIE WILLIAMSON  |  THURSDAY, 15 FEB 2018
An SMSF administrator is teaming up with a cryptocurrency brokerage firm to help investors achieve greater portfolio diversification. A new partnership between Xpress Super and Bitcoin Trader will provide SMSF investors with access to five of the top ...

SMSFs and instos driving crypto exchange growth

JAMIE WILLIAMSON  |  WEDNESDAY, 7 FEB 2018
Growing interest from institutional and self-managed superannuation investors is behind two recent executive appointments at an Australian cryptocurrency exchange, including a former senior member of Challenger's technical team. Sydney-based exchange ...

EY issues ICO theft warning

KARREN VERGARA  |  WEDNESDAY, 24 JAN 2018
Investors have lost about US$400 million in the initial coin offering (ICO) market due to theft and cyberattacks, a new EY report shows. EY studied 372 ICO projects globally in 2017 that raised US$3.7 billion in funds - twice the volume of venture capital ...

Bitcoin bubble will burst in 2018: Survey

KARREN VERGARA  |  MONDAY, 22 JAN 2018
The latest Financial Standard spot poll result sees an end to the bitcoin bubble in 2018. About 40% of respondents are betting the days of the bitcoin phenomenon are numbered, while 29% predict Australia will lift interest rates by 25 percentage points. ...

IOSCO issues caution over ICOs

DARREN SNYDER  |  FRIDAY, 19 JAN 2018
... technology. They're usually sold to investors by auction or through subscription in return for a cryptocurrency such as bitcoin or ether. IOSCO points out the transaction can also be in exchange for government-backed or official fiat currency such as ...

Global wealth manager champions embattled digital currencies

JAMIE WILLIAMSON  |  WEDNESDAY, 17 JAN 2018
One of the world's largest independent wealth management firms will introduce a cryptocurrency app, despite recent price slumps and having labelled it "a major gamble". deVere Group announced the launch of deVere Crypto which will allow users to store ...

Global online trading firm rolls out bitcoin derivatives in Australia

ALEX BURKE  |  THURSDAY, 11 JAN 2018
A US-based global provider of online trading services is introducing its bitcoin offering to Australian retail and institutional investors. The GAIN Capital service will allow investors to trade bitcoin as either an over-the-counter (OTC) derivative ...