Digital asset investment products totaled $109 million last week, despite the recent price drop and the negative impact of the conflict in Eastern Europe. After the exits in January, the latest data points to the 5th week of the entries.
South Korea's Kookmin Bank Launches Crypto Investment Product
South Korea's Kookmin Bank has announced that it has set up a Digital Asset Management Preparatory Committee ahead of the imminent launch of its digital asset investment products. According to the reports dated February 21, 2022, the firm said the committee will focus on identifying the product and strategy capabilities of crypto assets and AI mutual funds, as well as the associated risks and compliance issues.
Intel Announces 'Bonanza Mine BMZ1' Blockchain Accelerator Mining Chip
Last week, California-based technology company Intel announced its intentions to develop crypto-mining semiconductors that will perform “1000 times better per watt.” Now, Intel has revealed more details about its "Bonanza Mine" (BMZ1) blockchain accelerator chip at this year's International Conference on Solid-State Circuits (ISSCC).
2022 Will Be Institutional Investors' Year According To InvestAnswers
A popular crypto analyst says that in 2022, institutional money for Bitcoin will come and increase the price of the crypto asset. In a new video, InvestAnswers says filings for its 412,000 subscribers with the U.S. Securities and Exchange Commission (SEC) show the growing interest of institutional investors in buying Bitcoin.
Billionaire Ricardo Salinas Pliego: Buy and Forget Selling Bitcoin
Mexican billionaire Ricardo Salinas Pliego once again showed his support for Bitcoin. On this occasion, he advised investors to buy Bitcoin and not sell the cryptocurrency.
Manchester City to Build Etihad Stadium on Metaverse
Premier League champions Manchester City and new partner Sony have begun building a virtual replica of the Etihad Stadium, which will be the team's headquarters in the Metaverse. Etihad Stadium is the home of Manchester City. The team announced on February 18 that it had signed a three-year agreement with Sony that will allow virtual reality professionals to use the image analysis and skeleton tracking technology of subsidiary Hawk-Eye.
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