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Tribe Capital Launches $100 Million Crypto Fund Targeting Layer 1, 2, and DeFi Projects – Bull Market Back?
1.6.2023
Venture capital firm, Tribe Capital, has launched a new crypto fund to raise $100 million.
The tribe plans to channel the funds into early-stage layer 1 and 2 ecosystems and DeFi projects.
The San Francisco-based company with $1.6 billion in assets under management will invest $500,000-$3 million...
USDC Issuer Circle Has Ditched All U.S. Treasuries From $24B Reserve Fund Amid Debt Ceiling Showdown
31.5.2023
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Venture Capital Firm Tribe Capital Targets $100M for Latest Crypto Fund: Sources
31.5.2023
Tribe plans to make early-stage investments of $500,000-$3 million in layer 1 and 2 ecosystems, DeFi projects and infrastructure plays to bring real-world assets on chain
Argentina to Expand De-Dollarization Efforts; Seeks Extension of Yuan Based Swap Line With China
27.5.2023
The government of Argentina is reportedly seeking to expand its de-dollarization agreement with China due to the lack of dollars that the country is facing. According to reports, Economy Minister Sergio Massa would be in talks to expand the current swap line to double the available amount from...
Russian Think Tank Profiles BRICS Bank as IMF Counterpart to De-Dollarize Credit Markets
26.5.2023
The Roscongress Foundation, a Russian think tank, has profiled the New Development Bank, known as the BRICS bank, as an alternative to the International Monetary Fund (IMF) in its latest “Decolonization in Energy Markets” report. Nation members could secure loans based on their...
IMF Foresees No ‘Rapid Shift’ in US Dollar Reserves Despite Rising De-Dollarization Trend
26.5.2023
The International Monetary Fund (IMF) does not expect a “rapid shift” in the U.S. dollar reserves despite a rising de-dollarization trend and a looming U.S. debt default. “Don’t kiss your dollars goodbye just yet,” said IMF Managing Director Kristalina Georgieva. The IMF chief does not expect...
Hong Kong Asset Manager Metalpha Secures $5M from Bitmain for Grayscale-Based Fund
25.5.2023
The firm has so far received $20 million out of its $100 million target for the fund
KyberSwap Resumes Elastic Protocol, Backed by Multi-Million KNC KyberDAO Security Fund
25.5.2023
KyberSwap, a leading decentralized exchange (DEX) platform, is thrilled to announce they will be resuming its highly anticipated Elastic protocol on May 25, 2023. This brings back key capital-efficient features such as concentrated liquidity and full range fees compounding, while incorporating...
Dispersion Capital Opens $40M Fund for Web3 Infrastructure
24.5.2023
The fund was founded by Patrick Chang, an active angel investor in the crypto industry
TradFi Hedge Fund Hunting Hill Starts Crypto Arm
24.5.2023
Hunting Hill Digital’s first product will be the Crypto 25 Fund, a source told CoinDesk
Report: Emerging Market Investors Dumping Dollar-Denominated Debt and Seeking Local Currency Bonds Instead
24.5.2023
Emerging markets investors are being attracted by local currency-denominated bond instruments while leaving dollar-denominated debt, according to data provided by EPFR Global, a fund flow and allocation data insights company. These markets have outperformed dollar-denominated debt due to...
Dispersion Capital launches $40M venture fund to ‘bring Web3 to the masses’
23.5.2023
The firm aims to fund startups building infrastructure for Web3 and other decentralized technology projects
Namada, Osmosis to Co-fuse Blockchain to Fund Public Goods
23.5.2023
Privacy-focused blockchain firm Namada is seeking to partner with Osmosis to fund software “public goods” and airdrop its planned NAM token to OSMO investors.
In a recent blog post, Namada co-founder Christopher Goes revealed that he has proposed a partnership with Cosmos-based Osmosis that would...
Solana integrates AI into blockchain, raises grants fund to $10M
23.5.2023
The ChatGPT plugin integrated into Solana is open source and can be downloaded from GitHub
Binance denies fund mismanagement allegations, calls it ‘conspiracy theory’
23.5.2023
A mainstream report citing multiple insiders claimed that Binance mingled customer's funds with corporate funds at Silvergate Bank
TON Foundation launches Accelerator Fund worth $250 million
23.5.2023
TON, short for The Open Network, has launched an Accelerator Fund worth $250 million with the objective of promoting and incentivizing developments on the network. The goal is also to attract new developers to the ecosystem, facilitating innovation on the layer-1 blockchain. Interested developers...
Bitcoin Spurs 5th Consecutive Week of Outflows at Crypto Investment Funds: CoinShares
22.5.2023
The outflows totalled $32 million last week, pushing total during the streak to $232 million
The Kingdom of Bhutan’s Business Division Explores Crypto Ventures With Bitdeer Partnership
22.5.2023
A recent report reveals that Druk Holding & Investments (DHI), the business division of Bhutan’s Royal Government, is exploring crypto initiatives to enhance its portfolio expansion. DHI recently teamed up with Singapore-based crypto company Bitdeer to “jointly develop green...
Africa and Asia-Focused Fintech Jia Raises $4.3 Million in Seed Funding Round
21.5.2023
Jia, a blockchain fintech startup, recently revealed it has raised $4.3 million in a seed funding round which was led by the early-stage consumer crypto fund TCG Crypto. Jia has said it will use the funds raised to bolster its Kenyan and Philippines operations. Later, Jia will also use the capital...
Luxury Auction House Sotheby’s Sells Portion of 3AC’s NFT Collection for $2.5 Million
21.5.2023
Sotheby’s, the luxury auction house, successfully generated $2.5 million through the sale of non-fungible tokens (NFTs) from the now-defunct crypto hedge fund Three Arrows Capital (3AC). Among the sold pieces was Fidenza #725, a digital collectible crafted by the artist Tyler Hobbs. This...