Top Five Crypto Events of the Past Week, February

Top Five Crypto Events of the Past Week, February


Many events have taken place in the crypto market of late. In this article, we will be mentioning just five of the key events that shook the crypto world this week.

NASDAQ Set to List Two New Indices Tied to the Cryptocurrency Market

According to a recent report from the second largest stock exchange in the
world—Nasdaq, the exchange plans to start offering real-time information on two new indices tied to the cryptocurrency market – bitcoin core index (BLX) and Ethereum (ELX). The exchange stated in a press release that, the Bitcoin Liquid Index (BLX) and the Ethereum Liquid Index (ELX) will “provide a real-time spot or reference rate for the price of 1 BTC and 1 ETH respectively, quoted in USD, and based on the most liquid ends of their markets,”. Trading on both indices is expected to start by Feb. 25.

Two US Public Pension Funds Back New $40 Million Crypto VC

In what is regarded as a major milestone for the crypto industry, two American public sector pension funds have reportedly backed a new cryptocurrency industry venture capital fund with a huge investment of $40 million. This is clearly signalling that institutions are now picking interest in blockchain technology and investment from institutions are expected to follow.

Canadian Crypto Broker, Voyager Digital Lists on Canada’s TSX Venture Exchange

Based on a recent report, Canadian crypto asset exchange Voyager Digital Ltd has listed its shares on the Toronto Ventures Exchange (TSX.V). This listing was done through a reverse takeover of mineral exploration company UC Resources. According to the exchange, this move will help it become more transparent in the crypto market and also promote adoption by allowing traditional investors to tap into digital assets through the public equity market.

JPMorgan Bank is Launch its Own Cryptocurrency— JPM Coin

JPMorgan bank has recently made it known that it will launch its own crypto. This is regarded as a move targeted at cementing the bank’s stance as a force to reckon with in the emerging digital asset market. This move by JPMorgan is considered contrary to the stance of the bank’s CEO against cryptocurrency in the past. The newly announced coin is referred to as JPM-coin.

Microsoft Removes 8 Crypto Jacking Apps from its Online Store

According to a recent blog post from the software and hardware technology company— Microsoft, the company has removed 8 malicious crypto jacking apps from the Microsoft Store. This action was as a result of notifications sent to Microsoft by the team at Symantic, that there were some free apps using user’s CPU power to mine Monero (XMR) in the store.