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King River Capital, Immutable, & Polygon Labs launch $100M gaming fund
20.3.2024
In an innovative collaboration, King River Capital, Immutable, and Polygon Labs have established the Inevitable Games Fund, which is estimated to be worth $100 million. The primary objective of this massive project is to facilitate the development of state-of-the-art blockchain-powered games and...
3AC Co-Founder Kyle Davies Says He Won’t Apologize for Crypto Hedge Fund Going 'Bankrupt'
20.3.2024
Kyle Davies, the co-founder of the now-defunct Three Arrows Capital, has stated that he is not sorry for the company going bankrupt
King River Capital, Immutable, and Polygon Labs Launch $100M Gaming Fund
20.3.2024
Australian venture capital firm King River Capital, blockchain gaming firm Immutable and Polygon Labs have teamed up to launch a $100 million gaming fund.
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Immutable, King River Capital, Polygon Labs Set Up $100M Web3 Gaming Fund
19.3.2024
Immutable and Polygon Labs will identify investment opportunities while King River will manage the investment process and deploy the capital across game studios and web3 infrastructure firms
Genesis Agrees to Pay $21M Fine to Settle SEC Crypto Lending Charges
19.3.2024
Bankrupt cryptocurrency lender Genesis Global Capital has agreed to pay a $21 million fine as part of a final court judgement to settle charges with the U.S. Securities and Exchange Commission (SEC). In an official ruling released on March 19, the SEC highlighted the reason for the penalty...
Crypto Compliance Platform Keyring Raises $6M to Unlock DeFi for Institutions
19.3.2024
The company allows institutional investors to comply with regulations when interacting with DeFi, and recently facilitated a proof of concept trial with Nomura's crypto arm Laser Digital by building a compliance wrapper on top of USDC stablecoin
$100K to $150K — Traders Target Six-Figure Heights With Long-Dated Bitcoin Call Options
18.3.2024
Recent data reveals a significant uptick in open interest for bitcoin futures and options across various trading platforms in recent weeks. On Monday, insights from QCP Capital indicated a notable interest in long-term September and December bitcoin calls, aiming for the lofty six-figure price...
Pakistan Faces IMF Pressure to Tax Crypto and Real Estate
18.3.2024
The International Monetary Fund (IMF) has stipulated that Pakistan's Federal Board of Revenue (FBR) must levy a capital gains tax (CGT) on cryptocurrency investments
The post Pakistan Faces IMF Pressure to Tax Crypto and Real Estate appeared first on Cryptonews
Crypto Investor Binance Splits from Venture Capital Arm
15.3.2024
Earlier this year, Binance quietly split from its venture capital division, Binance Labs, and established as an independent entity now valued at $10 billion. This change in operation became effective under Binance's newly appointed Chief Executive Officer, Richard Teng, who assumed the role four...
Trump Poll Numbers In US Elections Boosted By Crypto Community
15.3.2024
A recent poll conducted by leading crypto venture capital firm Paradigm reveals that Donald Trump enjoys significant support from the crypto community.
The post Trump Poll Numbers In US Elections Boosted By Crypto Community appeared first on Cryptonews
Binance Spun Off Venture Capital Arm Earlier This Year: Bloomberg
15.3.2024
Binance Labs now has a disclaimer on its website describing it as "an independent venture and not part of the Binance Group."
Renewed Interest from Ultra High Net-Worth Individuals Injects Fresh Energy into Crypto VC Space: Struck Capital Founder
15.3.2024
The crypto VC space is seeing renewed interest from high net-worth individuals and family offices after a year of relative quiet, according to Struck Capital founding partner Adam Struck.
The post Renewed Interest from Ultra High Net-Worth Individuals Injects Fresh Energy into Crypto VC Space:...
Bitcoin Slumps 4%, Falling Below $70K; Solana Outperforms
14.3.2024
Bitcoin could enter a period of consolidation before its next leg in the rally, observers noted
Liqwid Capital to List Cardano Staking ETP on the SIX Swiss Exchange Today
14.3.2024
Switzerland-based protocol Liqwid Finance is listing a Cardano Staking exchange-traded product (ETP) on the SIX Swiss Exchange today.
The post Liqwid Capital to List Cardano Staking ETP on the SIX Swiss Exchange Today appeared first on Cryptonews
Cleartoken Secures $10M in Funding to Pioneer UK’s First Digital Asset Clearing House
13.3.2024
On Monday, the crypto clearing house startup Cleartoken revealed that it raised $10 million from strategic investors including Nomura’s Laser Digital, Flow Traders, and LMAX Digital. Cleartoken Nets $10M to Launch U.K. Digital Asset Clearing Services The horizontal clearing house for the digital...
Ether Could See Price Correction After Dencun Upgrade, QCP Capital Says
13.3.2024
QCP's sentiment towards ETH is cautiously optimistic, with concerns about potential corrections and the impact of leverage in the market
SEC Orders First Trust and SkyBridge to Declare ETF Application as Abandoned
13.3.2024
The SEC has instructed First Trust Advisors and SkyBridge Capital, the hedge fund led by former White House Communications Director Anthony Scaramucci, to mark their Bitcoin ETF application as abandoned.
The post SEC Orders First Trust and SkyBridge to Declare ETF Application as Abandoned appeared...
SEC Orders First Trust-SkyBridge to Declare its Bitcoin ETF Application Abandoned
13.3.2024
First Trust was one of the first to file for a BTC ETF, and was rejected by the SEC in January 2022
Microstrategy Boosts Bitcoin Holdings to 205,000 BTC After $800 Million Capital Raise
11.3.2024
Microstrategy has bought 12,000 more bitcoins after completing a $800 million convertible note offering. The Nasdaq-listed company now holds a total of 205,000 bitcoins, acquired for an average of $33,706 per coin. The note offering “was well received in the marketplace and upsized to...
Pantera Capital in Quest for Funds to Acquire Solana from Bankrupt FTX Estate
8.3.2024
Crypto asset manager Pantera Capital is seeking funding from major investors to purchase Solana (SOL) tokens at a discounted rate from the bankrupt FTX estate.
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