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Samsung Invests $2.9 Million in Crypto Wallet Manufacturer Ledger

Samsung has invested 2.6 million euros in Ledger, giving the crypto wallet manufacturer a nearly $290 million valuation, per a report.

Final Frontier and Bitfury Launch Regulated Bitcoin Mining Fund

Swiss investment firm Final Frontier is partnering with Bitfury Group to launch a regulated bitcoin mining fund for personal and institutional investors. With access to Bitfury’s worldwide mining resources, this fund offers an alternative for bitcoin investors.

Morgan Creek Bags $40M Raise, Attracts Industry First Funding From Pensions

Two pension plans from Fairfax County, Virginia, the $1.43 billion Police Officer’s Retirement System and the $3.9 billion Employee’s Retirement System, were the lead investors.

Huobi Group Sets Up Communist Party Committee in Beijing

As part of its desire to forge deeper ties with the Chinese government, Huobi Group, the parent company of digital asset platform Huobi, has formed a Communist Party committee in China

Fidelity Unveils New Institutional-Grade Cryptocurrency Investment Service

Fidelity Investments has launched a new business to allow its institutional clients to trade in digital currencies such as bitcoin

Binance Invests $2.5 Million in Australian Blockchain Travel Startup

TravelbyBit's partnership with Binance will allow the startup to introduce its blockchain-based POS system, currently being used at the Brisbane airport, into other international airports worldwide.

New Impact Ledger to Raise Awareness of Blockchain Projects for Social Good

“The Impact Ledger will increase the flow of resources toward maturing the technology and, ultimately, the impact of social and civil projects,” said Tomicah Tillemann, co-founder of Blockchain Trust Accelerator.

WeChat Shuts Down Numerous Crypto Media Accounts

Beginning on Tuesday, August 21, 2018, WeChat began implementing a sudden shutdown of no fewer than eight accounts linked to bitcoin and crypto news organizations.

Crypto Assets Offer New Opportunities for VCs on a Global Scale

"Compared to traditional VCs, new crypto funds move fast and understand the underlying value of crypto projects.”

Students Use Loans to Fund Cryptocurrency Investment: Study

The Student Loan Report asked 1000 current students, "Have you ever used student loan money to invest in cryptocurrencies like bitcoin?" And 21.2 percent said yes.
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