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Nalezeno "AI investments": 3130

FTX Seeks to Claw Back $700M in Lawsuit Over Alleged Funds Misappropriation and Influence-Building Scheme

24.6.2023
According to a lawsuit filed this week with the U.S. Bankruptcy Court for the District of Delaware, FTX lawyers are seeking to claw back $700 million from K5 Global Technology, its subsidiaries, and the firm’s founders. The attorneys allege that the defendants received funds without...

Volatility Shares Trust aims for listing of leveraged Bitcoin futures ETF

23.6.2023
The debut of shares for the Bitcoin investment vehicle is potentially set for June 27, but the U.S. SEC has a pattern of denying many crypto-linked ETF applications

Sequoia partner says investing in FTX was the right move: Report

23.6.2023
Sequoia’s Alfred Lin stood up for the firm’s $213.5 million investment in the now-bankrupt crypto exchange FTX

Circle and Sequoia were among top depositors at Silicon Valley Bank: Report

23.6.2023
According to a Bloomberg report, other major depositors included Silicon Valley Bank, SVB Financial Group, biotechnology research company Altos Labs and China-based firm Kanzhun

FTX seeks to claw $700M from Bankman Fried friends and affiliated funds

23.6.2023
After a Hollywood dinner party, hundreds of millions of dollars of “avoidable” transfers were sent from Alameda to investment firm K5 Global, the suit alleges

TrueUSD assures users it has no exposure to troubled Prime Trust

22.6.2023
Stablecoin issuer TrueUSD maintains that it is not affected by the current challenges facing Prime Trust

BitGo terminates acquisition of Prime Trust

22.6.2023
The acquisition was called off two weeks after BitGo publicly disclosed its non-binding letter of intent to acquire Prime Trust

Web3 Investments: The Perfect Hedge Against Disruption, Says Corporate VC

21.6.2023
Web3 investments are being touted as the perfect hedge against disruption in the tech industry, according to Martin El-Khouri, a senior director at venture capital firm Bertelsmann Investments. Despite the regulatory challenges and market downturn, investors are continuing to back new ventures...

Crypto payment solution Ramp expands on-ramp service, adds support for 40 fiat currencies

21.6.2023
Ramp expands its platform compatibility with 40 new currencies, including the Bermudian Dollar, Costa Rican Colón, Hungarian Forint, Mexican Peso, Singapore Dollar, and Swiss Franc

Earn Network Raises $2․7M in Seed Funding to Further Develop the Marketplace for Liquid Investments

21.6.2023
PRESS RELEASE. Hong Kong, Hong Kong, 21st June 2023, Chainwire. The Earn Network, a community-driven marketplace for liquid investments, is happy to announce the successful completion of its Seed Funding round that raised $2.7 million from VCs and Angel investors. As per the announcement, the round...

Wall Street giants back EDX Markets, a new cryptocurrency exchange

20.6.2023
EDX Markets is backed by large financial institutions such as Citadel Securities, Fidelity Investments, and Charles Schwab

Investing in Web3 is a ‘hedge against disruption’ — VC investment exec

20.6.2023
Martin El-Khouri, a senior director at Bertelsmann Investments, spoke with Cointelegraph at the Proof of Talk conference on the state of VC investments in Web3

Crypto investment products experience outflows for 9th consecutive week

19.6.2023
Meanwhile, the altcoin price crash triggered inflows for XRP, Cardano and Polygon

BlackRock vs Grayscale: Experts Highlight Key Distinctions Between Bitcoin Trusts

17.6.2023
BlackRock has recently filed an application for a spot Bitcoin ETF with the Securities and Exchange Commission. While some might think that the investment giant is applying for an ETF or a trust with properties similar to the Grayscale Bitcoin Trust (GBTC), there are certain distinctions between...