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Ant Group Reportedly Plans Withdrawal from $100 Million Crypto Venture A&T Capital
18.9.2023
The Chinese fintech giant Ant Group is in the process of withdrawing its investment from the $100 million A&T Capital fund that was set up to invest in offshore crypto projects, Bloomberg reported today.
A&T played a central role in Ant Group's foray into crypto space.
A&T Capital has invested...
Bidding War: Scaramucci's SkyBridge Capital Competes for Silicon Valley Bank's VC Unit
18.9.2023
Anthony Scaramucci's SkyBridge Capital and Atlas Merchant Capital are competing for SVB Capital, the venture capital and credit-investment arm of SVB Financial Group, the former parent company of Silicon Valley Bank.
Aside from the two investment firms, San Francisco-based private-equity...
Scaramucci leads bidding for Silicon Valley Bank VC arm: Report
18.9.2023
Anthony Scaramucci’s SkyBridge Capital is among the asset management firms leading the bids for Silicon Valley Bank’s venture capital arm, with a sale expected in the coming weeks
Russia Considers Legalizing Defi DAOs to Draw Liquidity to Its Digital Assets Market
15.9.2023
The Finance Ministry in Moscow is pushing to legalize decentralized financial organizations to attract capital to Russia’s regulated market for digital assets. The department hopes this would allow some of the liquidity in the decentralized finance (defi) and crypto space to be invested in Russian...
Singapore’s Monetary Authority Issues 9-Year Ban on Three Arrows Capital Founders
14.9.2023
The Monetary Authority of Singapore (MAS) has issued nine-year prohibition orders against Three Arrows Capital (3AC) founders Zhu Su and Kyle Davies, banning them from regulated financial activities in the country. The orders come after a MAS investigation that reportedly uncovered multiple...
Singapore's central bank slugs Three Arrows founders with 9-year ban
14.9.2023
Three Arrows Capital founders Kyle Davies and Zhu Su are barred from regulated activities or acting as top execs at any financial firm in Singapore
Three Arrows Founders Hit With 9-Year Trading Ban in Singapore
14.9.2023
MAS says the Order bans the Three Arrows Capital founders from managing, directing, or being a shareholder of any registered capital markets services firm in Singapore
Pantera Capital to Increase VC Reach to Mid-Stage Crypto Firms
13.9.2023
Digital assets investment giant Pantera Capital is increasing its venture capital (VC) reach to mid-stage crypto-centric companies, at a time when investors are interested in artificial intelligence (AI), particularly after the crypto market rout.
The plan is “probably the bigger change in...
Dunhill Family Office Makes Bear Market Bet on Crypto
12.9.2023
The family office is investing through its Dunhill Ventures subsidiary into Lichtenstein-regulated VC firm Mocha Ventures
Venture capital exec says ‘lack of innovation’ drives funding away from crypto
12.9.2023
Foresight Ventures partner Tony Cheng said that most of the narratives like layer-2 solutions, zero-knowledge tech and nonfungible tokens have already "played out."
TTT Capital become the first Injective Validator in Vietnam
12.9.2023
TTT Capital recently announced becoming a validator in Vietnam for injective. The Southeast Asian blockchain giant shared the announcement on its official X/Twitter channel. The tweet stated how TTT Capital is a top validator in Vietnam with 100% uptime. The platform has also doubled its community...
AI Is Killing Crypto Venture Capital Interest
11.9.2023
Scandals like FTX drove away VCs, leading to a collapse in venture funding. Now, artificial intelligence is soaking up the capital still available in an uncertain macro environment, says Chris Coll-Beswick, at Transcend Labs, a startup accelerator
Nigerian Web3 Startup Nestcoin Secures $1.9 million in Funding
11.9.2023
The Nigerian Web3 startup Nestcoin has reportedly secured a total of $1.9 million in funding from both existing and new investors. The capital raised will be used to bolster Nestcoin’s finances and further develop the startup’s non-custodial wallet. Impact of FTX’s Collapse...
Kenyan Fintech Startup Kotani Pay Receives $2 Million Pre-Seed Funding
8.9.2023
The Kenyan fintech startup Kotani Pay has raised $2 million in a pre-seed funding round which was led by P1 Ventures. The capital raised will be used to fund the startup’s expansion into five African countries. Felix Macharia said his firm is working with central banks, some of whom...
Genesis Global Capital files a lawsuit against Digital Currency Group
7.9.2023
Genesis Global Capital has filed a lawsuit against Digital Capital Group for defaulting on exorbitantly large amounts of loans. Genesis Global Capital has not received the agreed-upon funds back as of May 2023, per the terms and conditions stipulated by the two corporations. Genesis has hired...
Pantera Capital Leads $16.5M Investment in ZK-Powered DEX Brine Fi at $100M Valuation
7.9.2023
The investment happens at a time when crypto venture capital has mostly dried up and trading volumes plummeted
Blockchain Firm Raises Millions From Andreessen Horowitz, Paris Hilton to Help Monetize AI Mashups
7.9.2023
Investors led by Andreessen Horowitz have backed a company that has set out to help content creators monetize their work in the age of artificial intelligence (AI). The tech firm intends to employ blockchain technology to track remixes and mashups that have been spreading online since the invent...
Genesis Global Capital Files for Over $600M in Unpaid DCG Loans: Court Docs
6.9.2023
Genesis Global Capital, a subsidiary of Digital Currency Group, filed in court for DCG to repay outstanding loans in excess of $600 million on Wednesday
Crypto VC: Risk and investment strategies with Shima Capital
6.9.2023
Cointelegraph sits down with venture capital leaders in a new series to talk about which investments interest them most
Why traditional marketers fail in Web3: Avoiding these failures
6.9.2023
In the world of Web3, where the tangible often blurs with the intangible, remember this: Your community's value isn't just in what they give, but in what they represent