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FTX Reaches $45M Deal to Sell Interest in Sequoia to Abu Dhabi's Investment Arm
9.3.2023
The agreement requires approval from a Delaware bankruptcy court as failed exchange seeks to raise funds for creditors
Sequoia, Multicoin Lead $6M Round for Crypto Startup TipLink
21.2.2023
TipLink's technology lets users send crypto assets and NFTs through an easy-to-use link
Sequoia Capital, Paradigm among VCs facing "tricky" FTX investor lawsuit
15.2.2023
It’s a “tricky case,” as it is unknown what obligation these firms actually had to “completely separate investors,” suggests a crypto lawyer
Sequoia, Dragonfly Back Web3 Startup Caldera in $9M Rounds
13.2.2023
The capital will go toward hiring, partnerships and integrations
BlackRock CEO: FTX Token caused downfall, but tech still revolutionary
1.12.2022
Despite taking issue with tokens created by centralized exchanges, BlackRock’s CEO sees securities tokenization as the next evolution of the financial market
Venture Capital Firm Sequoia Apologizes to Fund Investors for $150 Million Loss on FTX
23.11.2022
In a rare move, American venture capital firm Sequoia Capital reportedly apologized to its fund investors for the $150 million it had lost on the now-bankrupt crypto exchange FTX.
The apology was reported by the Wall Street Journal, citing people familiar with the matter. Sequoia’s partners...
Report: Crypto Crash Kingpin Who Played League During Meetings Apparently Sucked At It
14.11.2022
Last week, crypto exchange FTX went from being valued at nearly $32 billion to filing for bankruptcy, and its founder, Sam Bankman-Fried, went from being the crypto space’s only ethical genius to being just a dude like the rest of us, albeit one who lost customers and investors alike a fortune....
Major VC Firm Sequoia Capital Marks FTX Investment to $0 — Says ‘Liquidity Crunch Has Created Solvency Risk for FTX’
10.11.2022
Venture capital giant Sequoia Capital is marking its investment in the embattled crypto exchange FTX down to $0. “In recent days, a liquidity crunch has created solvency risk for FTX,” the firm stressed, adding that “The full nature and extent of this risk is not known at this...
CEO Of Crypto’s Biggest Bust Played League Of Legends While Pitching Investors
10.11.2022
FTX CEO Sam Bankman-Fried spent the last year on a victory tour. The “crypto kingpin” held court at Bloomberg’s Crypto Summit over the summer and was crowned as a mega donor savior to Democrats in the midterm elections. His company even gloated about him playing League of Legends during high-level...
Sequoia Capital marks down entire $214M FTX stake to zero
10.11.2022
The venture capital firm assured partners it ran a rigorous due diligence assessment when it invested in FTX, finding the exchange to generate $1 billion in revenue and $250 million in operating income
FTX Exposure Limited, Says Venture Capital Giant Sequoia
10.11.2022
In a note to Limited Partners, Sequoia says it invested just over $200 million in FTX via two funds
Twitter monetization and free speech drove Binance's $500M injection: CZ
1.11.2022
Binance will also assist Twitter’s integration into Web3 by implementing crypto payments and deploying a dedicated team of on-chain specialists to stop spam bot accounts
Binance, Sequoia still backing Elon Musk's bid for Twitter
11.10.2022
The Twitter deal is back on this month, and Binance confirmed to Cointelegraph that it intends to support the deal as part of its push for Web3 adoption
Web3 and Crypto Checking Account Startup Juno Raises $18M, Airdrops Reward Token JCOIN
2.10.2022
Juno, the Singapore-based Web3 crypto firm that offers customers checking accounts tied to crypto assets, has raised $18 million in a Series A financing round led by Parafi Capital. The fresh capital follows the startup’s seed round in 2019 when Juno raised $3 million from investors. Juno...
Financial Heavyweights Citadel, Charles Schwab, Fidelity Confirm Cryptocurrency Exchange Launch
13.9.2022
A number of financial giants including Fidelity Investments, Citadel Securities, and Charles Schwab Corp. announced on Tuesday that the consortium of companies plans to launch a cryptocurrency exchange called EDX Markets. Reports note that firms like Paradigm, Sequoia Capital, and Virtu Financial...
Crypto investor Sequoia Capital China reportedly raises $9 billion
5.7.2022
Sequoia China is known for backing many crypto firms, including the troubled crypto lender Babel Finance, which halted withdrawals in mid-June
'Buy Bitcoin, plant a tree, lower your time preference': a Sequoia story
16.6.2022
“I'm trying to get people to plant trees," says Fangorn, a green-fingered Bitcoiner, "as an avenue for low-time preference.”
USD 4.5B Crypto Fund, Less Difficult Bitcoin Mining, OTC NFT, Ethereum's Merge + More News
25.5.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: USD 4.5B Crypto Fund, Less Difficult Bitcoin Mining, OTC NFT, Ethereum's Merge + More News
Binance y Sequoia aportan fondos para que Elon Musk adquiera Twitter
6.5.2022
Las compañías se encuentran entre las múltiples firmas que aportaron fondos en apoyo a la adquisición de Twitter por parte del multimillonario
Elon Musk Secures Funding From Crypto-Friendly Binance, Sequoia, Fidelity to Buy Twitter
6.5.2022
Tesla and Spacex CEO Elon Musk has secured $7.139 billion in new financing commitments to fund his acquisition of Twitter, including from several pro-crypto companies. Cryptocurrency exchange Binance, for example, has committed to invest $500 million in the social media platform alongside Musk....