Institutional interest in cryptocurrencies is rising as the industry continues to mature. And now, a long-established exchange has announced that it's launching a dedicated service to cater to this growing market — as well as high net worth individuals. Coinhako says trading volumes among institutional investors have surged on its platform — and in the first six months of 2022, they were 300% higher than the same period last year. Despite the volatility that has engulfed cryptocurrencies and equities alike over the summer, the company has also seen a 50% increase in average trade amounts. Coinhako Treasures will aim to …
Interpol develops its own altcoin for conducting crime research, Republican presidential candidate Rand Paul believes Bitcoin should not be feared or regulated, and more top stories for April 24. Interpol Develops Altcoin to Conduct Crime Research The recently inaugurated Interpol Global Complex for Innovation (IGCI) located at Singapore recently announced their creation of a proprietary altcoin, to be used solely for research purposes by their cyber-crime division in order to develop new tools for crypto currency related crime detection and prevention. Explaining the move, IGCI Director and former Inspector General of Police with India’s Central Bureau of Investigation Madan Oberoi …
As Singaporean Bitcoin startup CoinHako approaches demo day at accelerator Boost, Silicon Valley eyes Singapore as a Bitcoin hub. CoinHako, the first Asian Bitcoin startup to be chosen to get accelerated in the Bitcoin accelerator program Boost VC, is already 12 weeks into the program, and rapidly approaches demo day. Formerly CoinSupermart, the Singaporean startup was picked up by San Mateo-based startup accelerator Boost VC in late August, and is the first Bitcoin startup in Asia to integrate the program. Boost VC's pick of CoinHako demonstrates the Silicon Valley's growing interest in Singapore's dynamic Bitcoin ecosystem, reads the official announcement. …