Genesis Trading Acquires Quant Investment Firm Qu Capital
Digital currency trader and lender Genesis expanded its trading and research capabilities by acquiring New York-based quantitative investment firm Qu Capital.
Bitcoin's rally has stalled since the May halving, but that hasn't deterred large investors from accumulating coins, data shows.
The online retailer has finally handed out its digital dividend to shareholders after delays hit last year's planned distribution.
It's been assumed for years that well-heeled financial institutions would become the main driving force and primary investor class in crypto. That narrative may underestimate the power of the retail investor.
The plaintiffs – a crypto fund and an individual investor – are seeking compensatory damages from Block.one and other defendants.
Chip making giant Nvidia has been making its case for why a court should dismiss a lawsuit alleging it misled investors over the demand for its graphics cards from cryptocurrency miners.