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Dollar Dominance Fading Amid Growing China Trade, Russia Sanctions Risks, Ray Dalio Says
21.4.2023
Fewer nations are willing to hold the U.S. dollar as America’s share in the global economy becomes smaller while China’s role in international trade expands, billionaire Ray Dalio noted. The founder of the world’s largest hedge fund also said that Western sanctions on Russia have highlighted...
Sotheby’s to Auction 3AC’s NFT Collection, Including Larva Labs’ Zombie Punk and Dmitri Cherniak’s ‘Golden Goose’
20.4.2023
On Wednesday, Sotheby’s, one of the world’s largest brokers of fine and decorative art, announced its plans to auction a number of non-fungible token (NFT) assets that were previously owned by the now-defunct crypto hedge fund Three Arrows Capital (3AC). The auction, called...
Bitcoin Miner Mawson to Sell Texas Sites for $8.5M to Singapore Fund Manager
19.4.2023
The funds will go toward reducing Mawson's debts and fueling growth
Core DAO partners with Bitget and MEXC to launch $200M ecosystem fund
18.4.2023
The Ecosystem Fund will provide financial support to early stage projects
IMF Says Sub-Saharan Africa Already Feeling Effects of the ‘Big Funding Squeeze’
18.4.2023
Countries from the Sub-Saharan Africa (SSA) region face a “big funding squeeze” which is forcing some of them to cut spending on health, education, and infrastructure. According to Abebe Aemro Selassie, people from the region are already “feeling the effects of the funding...
Pantera Alum Joey Krug Joins Peter Thiel’s Founders Fund
17.4.2023
Krug has moved from co-CIO at a crypto-focused fund to building a crypto strategy at a generalist venture capital giant
Crypto Investments Report Positive Flows for Fourth Consecutive Week: CoinShares
17.4.2023
Bitcoin-related products took the majority share, totalling $104 million of the $114 million inflow total
Digital Asset Firm HashKey Announces Wealth Management Service Launch Amid High Investor Demand – Bull Market Confirmed?
14.4.2023
Hong Kong-based digital asset firm HashKey Group has enhanced its Over-the-Counter (OTC) trading business and launched a new wealth management business line amid increasing investor demand.
In a Friday blog post, the company unveiled HashKey Wealth, a new wealth management platform geared toward...
Solana-Based NFT Collection Okay Bears Partners With (RED) to Fund Global Health Efforts
13.4.2023
The PFP project will release (RED)-themed merchandise to raise funds for The Global Fund to Fight AIDS, Tuberculosis and Malaria
IMF Blog: Interest Rates to Fall to Pre-Pandemic Levels Once Inflation Is Tamed
13.4.2023
When inflation in advanced economies is tamed, real interest rates are likely to drop to pre-pandemic levels, the latest International Monetary Fund (IMF) blog post has said. According to the authors of the blog post, the transition to a “cleaner economy in a budget-neutral way” could...
IMF Economist Warns of Side Effects From Sharp Monetary Policy Tightening — Says Financial Risks Have Increased
13.4.2023
The International Monetary Fund’s (IMF) economic counselor has warned of the side effects of sharp monetary tightening. Noting that “Inflation is much stickier than anticipated,” he stressed that “financial risks have risen.” IMF Economist’s Warning Pierre-Olivier Gourinchas...
Metalpha Launches Grayscale-Based Digital Asset Fund
12.4.2023
Metalpha’s Hong Kong-licensed fund will give investors exposure to Grayscale’s products, but also allow for withdrawals which is something currently missing for U.S. investors
Gaming Tech Company Razer Introduces Web3 Venture Fund
11.4.2023
The fund, called zVentures Web3 Incubator, will leverage its expertise to grow early-stage projects building blockchain-based gaming infrastructure
Bitget launches $100M Web3 fund for crypto projects in Asia
10.4.2023
Bitget's new fund will receive $100 million as an initial investment to support the next generation of Web3 projects
Crypto Exchange BitGet Starts $100M Asia-Focused Web3 Fund
10.4.2023
BitGet started its fund as more crypto projects seek non-U.S. jurisdictions
Former BitMex CEO Arthur Hayes Calls His Maelstrom Capital a ‘Very Patient’ Fund
7.4.2023
Hayes wants Maelstrom Capital to outperform bitcoin and ether, which won’t be easy
Venture Capital Bitkraft Raises $220.6M for Second 'Token Fund'
6.4.2023
The firm didn’t comment on whether the fund has a Web3 angle, but did outline their crypto investment strategy
Pfizer-Backed VitaDAO Votes on Creating For-Profit Company to Fund Longevity Research
5.4.2023
The DAOs native token, VITA, rose 3% on news the community was considering the proposal
China Ready to Talk Asian Monetary Fund to Cut Dollar Dependence, Malaysia Says
5.4.2023
An idea to establish an Asian Monetary Fund has caught the attention of the Chinese leadership, the head of the Malaysian government revealed. The prime minister believes there is no reason for his country, which is hurting from a strong U.S. dollar, to remain dependent on the greenback. Malaysia...
Malaysia enlists China to help end USD dependence for trade
5.4.2023
More proposals and currency concepts are emerging as Asia ramps up its efforts to distance itself from U.S. dollar hegemony