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Grayscale Launches Solana Trust For Institutional and High Net Worth Investors

Grayscale, the world’s largest asset manager for digital currency, has added Solana to its portfolio for institutional investors and high net-worth individuals. Grayscale Investments has created a new product with exposure to Solana for high net worth individuals and institutional investments. The Grayscale Solana Trust product becomes the sixteenth product in Grayscale’s product portfolio, after…

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15th Straight Week of Crypto Product Inflows Totaled $306 Million

The fifteenth straight week of inflows into digital asset investment products totaled $306 million, according to CoinShares weekly report.  This amount brings month-to-date inflows to $787 million, and year-to-date inflows to a record $9.5 billion. However, total assets under management (AuM) fell from $75.4 billion to $72.8 billion due to persistent price pressures. Coinflows Once…

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ViralCoin Releases “Fair Balanced Launch” DeFi Token on Multiple Networks

ViralCoin successfully launched with several ground-breaking features that will change the scope of Fair Launches forever. ViralCoin’s definition of a Fair Balanced Launch is one that keeps the token price consistent while minting new tokens until the maximum total supply has been realized across all networks.   To accomplish this breakthrough feature, ViralCoin created the ViralVault,…

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Paying it Forward in Web 3 — Crypto Communities Are Funding the Future

Most people involved in building Web 3.0 did not start their work in a classroom. As the crypto community grows, encouraging onboarding and inclusion has become of central importance. When people think of cryptocurrencies, they immediately imagine coders sitting in basements, possibly surrounded by whirring miners. While perhaps once accurate, this image has long been…

The Daily Insider: Troublesome Omicron variant entered Botswana from outside
Daily | Insider

The Daily Insider: Troublesome Omicron variant entered Botswana from outside

It was always rather strange to me that the Omicron variant originated in Botswana as assumed by the world’s knee-jerking politicians and their friends in the media. BizNews community member Barine Steynberg yesterday sent me the answer via LinkedIn. Consider this: there are just 2.3m citizens of the landlocked country. That’s 0.03% of the global…

Impala Platinum’s Royal wedding – Abax Investment’s Anthony Sedgwick
Impala | Platinum’s

Impala Platinum’s Royal wedding – Abax Investment’s Anthony Sedgwick

Abax Investment’s co-founder Anthony Sedgwick sheds light on Impala Platinum’s bid to take over mid-tier miner Royal Bafokeng Platinum (RBPlats) in a deal that values the precious metals producer at R43bn. Abax, along with several other large asset managers, has sold just under 25% of the business to Impala for R150 per share, in a…

Ocean | Outrage

Ocean outrage against Shell goes well beyond seismic survey – Martin Welz investigates

Right! We have more facts than rhetoric, per kind favour of one of our old-school veteran investigative journalists with a track record of corruption busting and high-end exposés in his now defunct magazine, Noseweek. This detailed, fact-filled report by lawyer/journalist Martin Welz on the activist coalition’s legal argument helps elevate the debate beyond mere pictures…

David Shapiro on Omicron’s market-moving mania
David | Shapiro

David Shapiro on Omicron’s market-moving mania

South Africa’s favourite market commentator David Shapiro sheds light on the chaos in markets following the outbreak of a new Covid-19 variant, Omicron. Discovered by South African scientists, this variant is supposedly more transmissible despite those infected only having mild symptoms. The mania sent equity markets into freefall and was especially damaging to leisure and…

Flash Briefing: Omicron travel ban leaves SA tourism reeling, citizens stranded; Prasa mess threatens foreign investment; SAA, Takatso deal progresses
Briefing | Flash

Flash Briefing: Omicron travel ban leaves SA tourism reeling, citizens stranded; Prasa mess threatens foreign investment; SAA, Takatso deal progresses

The near-global travel ban to and from South Africa over fears of the Omicron variant has left the local hospitality industry reeling. Not only has this latest travel ban done untold damage to many local businesses that would have benefited from tourism over the festive season, but its sudden onset has also left South Africans…