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MEXC Activated the “Investor Protection Fund” in Response to the Dragoma (DMA) Incident and Launched the “Potion” Airdrop Compensation Benefits
12.8.2022
A few days ago, the Polygon Network ecosystem project Dragoma (DMA) experienced abnormal price fluctuations after its listing on MEXC, as it fell sharply from 0.85USDT. MEXC immediately suspended DMA/USDT trading on August 8th due to abnormal on-chain transactions. It is understood that although...
Celo Foundation to Help African Startups Scale Via Web3 Fund
12.8.2022
The Celo Foundation recently announced a Web3 fund for African startups to scale their operations. Named Celo Africa Web3 Fund, the initiative is open to every Africa-based startup. However, projects with African residents as founders will receive a preferential review for the fund. Celo has been...
BlackRock Bitcoin fund launch sends BTC price towards $25K
11.8.2022
The announcement is the "most bullish news" ever for long-term hodlers, one analyst argues as Barry Silbert heralds the arrival of Wall Street
Crypto Fund QCP Capital Says Options Trading Is Next Institutional Growth Driver
11.8.2022
Institutional investors are much more likely to partake in options trading than other crypto-centric niches, founder Darius Sit said at an event in Seoul
ReadON Completes $2M Seed Round to Build a Decentralized Content Distribution Platform
11.8.2022
PRESS RELEASE. ReadON (readon.me), a company that aims to provide users with a brand-new content consumption experience by utilizing blockchain, completed its seed investment round of $2M led by SevenX Ventures. Other investors included HashKey Capital, Foresight Ventures, Sky9 Capital, ArkStream...
Over USD 36M Returned to Nomad Bridge's Fund Recovery Address
9.8.2022
Over USD 36m has so far been returned to the official fund recovery address shared by Nomad Bridge, a cross-chain messaging protocol that was drained of USD 190m worth of funds last week in what many called "the first decentralized robbery."
According to Etherscan transactions, the recovery wallet...
Renowned Investor Jim Rogers Warns Governments Want to Control Crypto — ‘They Want to Regulate Everything’
8.8.2022
Veteran investor Jim Rogers, who co-founded the Quantum Fund with billionaire investor George Soros, has warned about cryptocurrency, stating that “if and when all our money is on our computer, it’s going to be government money.” Nonetheless, he noted that his wife invests...
Meta Reportedly Issuing $10 Billion in Bonds to Invest in Its Metaverse Products and Other Initiatives
5.8.2022
Meta, the social media company, is planning to issue its first set of bonds to finance new investments and operations, according to reports. The company will be selling $10 billion in debt, to maintain a healthy cash flow and fund buybacks, per statements of two people with reported knowledge...
Tetris Owner Playstudios to Launch Blockchain Gaming Division and Web3 Fund
5.8.2022
Playstudios, a mobile gaming company, has recently announced it is diving into the world of Web3 gaming. The company is launching a blockchain gaming division that will introduce the concept of “rewarded play” to its users, who already enjoy real-world rewards for playing its games....
Venture Capital Firm Lattice Capital Raises $60M for Second Crypto Fund
4.8.2022
The early-stage focused fund is three times larger than the inaugural fund last year
USD 6.8B Pension Fund to Invest in Crypto Lending Market
4.8.2022
Indicating that some major financial players have not been scared away from cryptoassets by the ongoing market downturn, the Fairfax County Retirement Systems, a US pension fund with assets totaling USD 6.8bn, has unveiled it is looking to invest in crypto lending markets to ramp up...
PwC Crypto Head Departs to Set Up $75M Digital Asset Fund in Dubai: Report
4.8.2022
Big Four accounting firm PwC's crypto head has left his to set up a $75 million digital asset fund in Dubai, the Financial Times reported Thursday
Fairfax County Pension Fund Invests $70M in Crypto Yield Farming Funds: Report
4.8.2022
Virginia-based pension fund, The Fairfax County Retirement Systems, has invested $70 million evenly across two yield farming funds
Hedge fund billionaire Steve Cohen exits crypto startup Radkl amid bear market: Report
2.8.2022
The hedge fund manager was part of a $50-million funding round for NFT company Recur, and backed a $21-million round for crypto analytics firm Messari through Point72
Man Pledges Some 18M of His Lost Bitcoin to Fund Newport Crypto Hub & USD 51 to Every Newportonian
2.8.2022
James Howells, a computer engineer who claims he mistakenly threw away a hard drive that contained some 7,500-8,000 bitcoin (BTC) during house cleaning in 2013, has pledged to use 10% of this lost stash if/when recovered and turn Newport, UK, into a cryptocurrency hub.
The latest BBC report claims...
Hedge Fund Manager Steve Cohen Exits Crypto Trading Firm Radkl: Report
2.8.2022
Hedge fund manager Steve Cohen has existed his investment in crypto trading firm Radkl, according to a report by Bloomberg Tuesday citing a spokesperson for the company
July Marks Strongest Month of Crypto Fund Inflows This Year: CoinShares
1.8.2022
Digital-asset investment products saw inflows totaling $474 million last month, nearly reversing June’s $481 million of outflows
$200M BitGet BTC-USDT protection fund hints at investor-centric trend
1.8.2022
Bitget’s reasoning behind using a combination of a stablecoin and Bitcoin in the protection fund is to counter massive unforeseen volatility in crypto markets
Charles Schwab’s $655B Asset Management Arm to Start Trading Crypto-Related ETF This Week
1.8.2022
Charles Schwab’s $655 billion asset management arm is launching its first crypto-related exchange-traded fund (ETF). The new fund is expected to start trading this week on the NYSE Arca exchange. Charles Schwab Launches Its First Crypto-Related ETF Schwab Asset Management, a subsidiary...
Survey That Asks if The Merge Could Cause an Ethereum Chain Split Sparks PoS Delay Discussions
31.7.2022
While there’s 50 days left until the week of September 19, the crypto community has been discussing whether or not Ethereum developers will delay the penciled-in date for The Merge. Moreover, on July 27, the crypto hedge fund Galois Capital published a survey on Twitter that indicates more...