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CoinFlash
3iQ's Canadian Bitcoin Fund Hits C$1B in Market Cap
The digital asset manager passed a key milestone this week.

Advisers Allocating Crypto in Clients' Portfolios Rose 49% Last Year: Survey
The number of advisers allocating to crypto in client portfolios rose from 6.3% to 9.4% in 2020.

JPMorgan Provides $100M Financing Facility for Blockchain Mortgage Platform Figure
The facility covers both conforming and jumbo mortgages – loans in excess of the traditional lending restrictions.

Bitcoin ETP Trading at Levels Seen by Top European ETFs: FT
Only one major ETF was trading at volumes slightly higher than the BTCetc ETP in the first 11 days of January, says the FT.


US Navy Commissions $1.5M Blockchain System for Tracking Critical Weaponry
Blockchain firm SIMBA Chain won a contract to build a system to anticipate demand for "critical" military weaponry parts.

Binance, Blockchain Firm Orbs to Sponsor New Accelerator for DeFi Innovation
The two firms have become core sponsors of the DeFi.org accelerator, which will provide grants for innovative startups working in decentralized finance.

Grayscale CEO Says Crypto Interest Is Rising From Pension, Endowment Funds
Michael Sonnenshein said institutions are also making larger allocations to its crypto products.

US Judge U-Turns on Ruling in Overstock Digital Dividend Lawsuit
The plaintiff may now file an amended complaint against Overstock and former CEO Patrick Byrne.

South Korea's 20% Crypto Tax Still on Track for 2022: Report
South Korea’s Ministry of Economy and Finance said Wednesday it has finalized a legal amendment relating to cryptocurrency taxes.
