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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
Blackrock CEO Expects Inflation to Persist, but No Major US Recession in 2023
15.4.2023
Blackrock’s CEO, Larry Fink, stated in an interview on Friday that he does not anticipate a “big recession” in the United States. However, he believes that “inflation is going to be stickier for longer.” In contrast to the U.S. central bank’s 2% goal, Fink predicts that...
Bitcoin Is the 'Boring, Old Grandpa' Right Now Compared to Ether: Dexterity Capital Manager Partner
14.4.2023
By its nature, bitcoin is a stable thing, and because it doesn’t change, it isn’t exactly the talk of the town, Michael Safai said
Market Maker DWF Labs’ More Than $200M in Deals Blur What ‘Investing’ Means
14.4.2023
DWF Labs made headlines with flurry of investments in crypto projects such as CryptoGPT or Synthetix. A closer examination reveals that many of their deals aren’t typical venture capital investments. However, the firm says it’s all a misunderstanding
HashKey launches wealth management service citing ‘significant’ demand
14.4.2023
Hong Kong’s HashKey recently received a number of licenses from local regulators, allowing it to expand its range of products and services
Crypto VC funding hits 2-year low, US firms still favorite: Galaxy Research
13.4.2023
Despite macroeconomic headwinds, a Galaxy Research report says activity could rebound in the second quarter of 2023 following recent crypto price increases
Ether-Bitcoin Ratio Likely to See Deeper Decline After Shapella Upgrade: QCP Capital
12.4.2023
Ether has underperformed bitcoin in the lead up to the Shapella upgrade, resulting in a 13.7% year-to-date decline in the ETH/BTC ratio
Nigerian Forex Inflows: ‘Ambiguous Foreign Exchange Regime’ Blamed After Inflows Dropped to $5.32 Billion in 2022
12.4.2023
Between 2019 and 2022, the value of foreign capital that flowed into Nigeria dropped from $23.9 billion to $5.32 billion. The drop has been attributed to low investor confidence, the high cost of doing business, as well as the country’s high inflation rate. Nigeria will “struggle...
Ethereum’s Shanghai Upgrade Will Permanently Alter ETH Economics
11.4.2023
Sei Labs Raises $30M for Trading-Focused Layer 1 Blockchain
11.4.2023
Investors in the two strategic rounds included Jump Crypto, Distributed Global and Multicoin Capital
A16z Sees Web3 Strength in Second ‘State of Crypto’ Report
11.4.2023
The venture capital giant sees bear markets as a time for builders, particularly blockchain infrastructure projects
AI-Focused Cryptogpt Raises $10 Million in Series A Funding to Expand Into Asian Markets
11.4.2023
A Layer two (L2) project, called Cryptogpt, which leverages ZK-rollup technology and artificial intelligence (AI), has announced that its team has raised $10 million in capital from a Series A funding round. The crypto and AI firm disclosed that the new funds would be used to expand into...
Strategist Expects US Recession by Year-End, Fed Tightening to Drag Down Economy
11.4.2023
Investment bank MPS Capital Services has warned that the U.S. economy will be in a recession by year-end. The firm’s strategist predicts that the Federal Reserve will raise interest rates by an additional 25 basis points, warning that the central bank’s monetary tightening “will...
OPNX quips on its early dismal volume after reporting 90,000% surge
11.4.2023
OPNX exchange has quipped about its earlier low trading volume before experiencing a big surge in volume during the last 24 hours
Ether Capital CEO: Shanghai Upgrade Likely to Be a 'Non-Event' on ETH's Price
10.4.2023
The upgrade may not shift the second largest cryptocurrency’s price immediately, but it may in time unlock a new group of investors, Brian Mosoff, said
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
Scaramucci: 'We're through the bear market' as Bitcoin notches up 70% YTD
7.4.2023
Bitcoin’s strong start to 2023 is persisting despite numerous headwinds, and is currently outperforming the S&P 500 Index by nearly 60 percentage points
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
Multicoin Leads $4M Strategic Round for Web3 Co-Ownership Platform Lore
6.4.2023
The platform, now in public beta, allows groups of people to share non-fungible tokens (NFT) for expanded access and utility
Jane Street, Tower Research and Radix are Binance’s 'VIP' clients in CFTC suit: Report
6.4.2023
The firms were cited anonymously in the CFTC's complaint describing Binance’s alleged facilitation of U.S. clients