Japan’s SoftBank is investing 10% of the company’s $5 billion funds in crypto-related assets, a strategy that the bank’s managing director supports even if some tokens are overvalued. According to the managing director of SoftBank’s Latin America Fund, Paulo Passoni, the most attractive place to invest in Latin America is cryptocurrencies, Bloomberg reported. “Of course,…

Breaking crypto news from the last week (Dec. 4 – 10, 2021): Dec. 4: Bitcoin plunged along with other cryptocurrencies on Saturday night, another indication of the risk aversion sweeping across financial markets. The biggest cryptocurrency was down about 18%, the largest one-day loss since September, while the crypto market has lost about $550 billion…