All of the latest major news, solely on investments in the crypto market over the beginning of September are in our Investment Digest
- Morgan Creek launches $1.5 billion crypto index funds but it doesn’t consider pre-mined tokens. The fund is aimed to aid investors achieve an indirect exposure to cryptocurrencies with high market cap including Bitcoin, Ethereum and 8 others.
- South Korea launches a Blockchain Development Course backed by an investment of $90 million. The course is aimed towards producing the first batch of blockchain specialists. From the numerous applicants that tried their hands to get into the course, only 42 were seen eligible for it.
- EQUI Capital’s ICO aimed $80 million but closed at a mere $7 million. The founder now plans to skip through the ICO citing plan and looks forward to a global launch once they’ve partnered with a new co-founder.
- Despite NEO’s bid of $170 million to buy BitTorrent, it was Tron that bagged the deal with $120 million, reports CoinDesk. Tron and BitTorrent both denied making any comments related to this.
- Byte Power Group to become the first publicly traded company to launch a cryptocurrency exchange and seeks to raise $15 million in ICO. The company received a letter from the Australian Securities Exchange which demanded answers to 17 questions in order to justify their plan’s legality.
- South Korea would double its efforts to bring blockchain in the public sector. The country plans to add an extra $9 million to the previously announced blockchain fund of $9 million for 2018 and 2019.