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Pixelverse raises $5.5M from leading VCs to fund global expansion of Web3 gaming movement
13.6.2024
Pixelverse, the emerging entertainment studio and game ecosystem, has closed a funding round led by tier-1 VC funds and prominent founders from across the gaming and Web3 space. A total of $5.5M was raised to fund the growth of the Pixelverse gaming ecosystem that has attracted over 15 million...
Bitcoin whales scoop $1.4B in 24 hours this week amid market correction
13.6.2024
The huge and sudden uptick in Bitcoin whale accumulation came as Bitcoin supply on exchanges fell to its lowest level since December 2021
Polygon launches $720M Community Treasury for blockchain grants
11.6.2024
Polygon introduces a $720 million Community Treasury to fund blockchain projects, targeting developers within the Polygon and Ethereum ecosystems
Ripple launches XRP Ledger Innovation Fund in Japan and Korea
11.6.2024
Ripple, the pioneer in enterprise blockchain and crypto solutions, has come up with a new product: the XRPL Japan and Korea Fund. It will extend support to a wide variety of endeavors to promote technological novelty on the XRP ledger in Japan and Korea. The XRPL Japan and Korea Fund will join...
Fidelity International Tokenizes Money Market Fund on JPMorgan’s Blockchain
10.6.2024
The U.K. firm joined JPMorgan’s Tokenized Collateral Network (TCN), piloting the tokenization of its own money market fund for the first time with Onyx Digital Assets
Bitcoin ETFs sucked up 2 months of BTC mining supply last week
10.6.2024
In the first full trading week of June, U.S. Bitcoin ETFs acquired almost as much Bitcoin as they did in the entire month of May
Bitcoin Hedge Fund Shorts Reach New High Amid Price Fluctuations
8.6.2024
Amid Friday’s downturn, following bitcoin’s decline to $68,450, the latest Commitments of Traders (COT) report from the Commodity Futures Trading Commission (CFTC) indicates that hedge funds are placing substantial bets against bitcoin. Bitcoin Faces Bearish Sentiment From Hedge Funds...
Franklin Templeton eyes new crypto fund beyond BTC & ETH
7.6.2024
Reports state that Franklin Templeton, an American investment company managing over $1 trillion in assets, is allegedly considering venturing into cryptocurrency markets other than Bitcoin. Unnamed inside sources have revealed that Franklin Templeton is exploring the possibility of launching a...
Court Strikes Down SEC’s Private Fund Regulation, Citing Overreach
6.6.2024
The U.S. Securities and Exchange Commission (SEC) has lost another court case. On June 5, the 5th U.S. Circuit Court of Appeals overturned the SEC’s Private Fund Adviser rule, which was designed to enhance transparency within the nearly $27 trillion private fund industry. The court found that...
Franklin Templeton considers new altcoin-focused crypto fund
6.6.2024
Franklin Templeton is reportedly considering a private fund for institutional investors dedicated to altcoins
Franklin Templeton Enables USDC Conversions on Benji Investments Platform
6.6.2024
Franklin Templeton has announced that users of its Benji Investments platform can now convert USDC stablecoin to U.S. dollars to fund their investment in the Franklin Onchain U.S. Government Money Fund. This development allows institutional wallets to purchase shares represented by BENJI tokens....
Franklin Templeton Weighs New Crypto Fund Investing in Tokens Beyond Bitcoin, Ether: Report
6.6.2024
The private fund targeting institutional investors would offer exposure to a range of cryptocurrencies beyond bitcoin and ether, The Information reported
US appeals court says SEC exceeded authority with fund rule
6.6.2024
The Fifth Circuit found that the regulator overstepped its authority in its new rules affecting hedge funds. Could this ruling be a good sign for crypto?
Crypto’s Latest Privacy Battle
5.6.2024
BlackRock’s BUIDL Fund earns $1.7M monthly dividends on Ethereum
5.6.2024
Investors in BlackRock’s BUIDL Fund are celebrating a significant financial milestone, receiving a combined total of $1.7 million in monthly dividends disbursed via Ethereum. This impressive payout underscores the fund’s success and highlights the growing influence of blockchain technology...
Bears rekt: Bitcoin ETFs see runner-up record day with $887M inflows
5.6.2024
Fidelity’s Bitcoin fund led the pack with $378.7 million in net inflows on the U.S. spot Bitcoin ETFs second-highest joint net inflow day
Thailand’s SEC Approves Bitcoin ETF Fund for Wealthy Investors
5.6.2024
The Securities and Exchange Commission (SEC) of Thailand has granted approval to One Asset Management (ONEAM) to launch a fund that invests in spot bitcoin exchange-traded funds (ETFs). The fund, named “One Bitcoin ETF Fund of Funds Unhedged Fund Not For Retail Investors...
Bain Capital Crypto Raising Second Fund: Filing
5.6.2024
Bain Capital has been an active investor in crypto since its initial fund launch, participating in a $115 million round for Sam Altman's Worldcoin
StarkWare launches $1M research fund for ZK Bitcoin scaling
4.6.2024
StarkWare’s fund seeks to promote research into OP_CAT and demonstrate its potential to unlock and benefit Bitcoin and the blockchain community in general
Coinbase Raises Fairshake Super PAC Fund by $25M to Push Crypto Legislation
4.6.2024
Coinbase CEO Brian Armstrong has outlined the optimal strategy to achieve regulatory clarity for the crypto sector in the U.S. The executive emphasized the necessity of electing pro-crypto candidates, highlighting Stand With Crypto’s 900,000 advocates and their impact on key legislative...