Search
Former FTX US president raises $5M for new crypto software firm
20.1.2023
Brett Harrison departed FTX US roughly two months before FTX Group filed for bankruptcy, citing "cracks" in his relationship with SBF
Crypto Lender Genesis Global Capital Is FTX's Largest Unsecured Creditor
20.1.2023
Crypto exchange FTX and it's affiliated subsidiaries owed Genesis Global Capital over $226 million, according to a recent filing
Crypto Lender Genesis Files for Bankruptcy Following SEC Lawsuit
20.1.2023
Crypto lender Genesis, a subsidiary of Digital Currency Group (DCG), has filed for Chapter 11 bankruptcy. The filing followed a lawsuit brought by the U.S. Securities and Exchange Commission (SEC). Genesis claims to have “ample liquidity to support its ongoing business operations...
Silvergate Capital Incurs Loss of $1 Billion in Q4 of 2022
20.1.2023
Silvergate Capital Corporation, the parent firm of the crypto-focused bank Silvergate Bank, has attributed the $1 billion loss it incurred in the fourth quarter of 2022 to the confidence crisis that permeates the entire crypto ecosystem. While Silvergate has taken steps to help it navigate...
Nifty News: Trump NFTs surge 800%, Yuga Labs blacklists NFT exchanges, and more
20.1.2023
Donald Trump’s NFT collection started out strong but then started looking lifeless up until a few days ago
Crypto could solve venture capital's due diligence problem — VC exec
20.1.2023
Due diligence has always been an issue in the venture capital space according to a VC executive, but crypto offers a solution: A public and immutable ledger
Nexo agrees to $45M settlement with SEC and NASAA over earn product
19.1.2023
The crypto lender didn't categorically admit or deny the findings from the SEC's investigation despite agreeing to the settlement
Crypto Trading Giant QCP Capital Expects Fed to Be Irate as Financial Conditions Ease
19.1.2023
The recent risk revival in traditional markets and cryptocurrencies may not sustain as the U.S. central bank is still fighting inflation, the Singapore-based crypto options trading firm said
Digital Currency Group Suspends Dividends Amid Regulatory Trouble With Subsidiary Genesis
18.1.2023
According to a shareholders’ letter from Digital Currency Group (DCG) viewed by finance and crypto publication Coindesk, the company has suspended dividends until further notice. This news follows the U.S. Securities and Exchange Commission (SEC) charging a subsidiary firm of DCG, Genesis...
Skybridge Capital Founder: The Time to Invest in Crypto Is Now
18.1.2023
Anthony Scaramucci says crypto is closer to a bottom and long term investors should be looking at the markets with a three to five year perspective in mind
Crypto Brokerage Genesis Global Capital May Be Nearing Bankruptcy Filing: Reports
18.1.2023
Genesis had previously halted customer withdrawals following FTX's epic collapse
Deal Box launches $125M blockchain and Web 3 venture fund
18.1.2023
The firm previously specialized in tokenizing equity and bond issuance for startups
Hashkey Capital Raises $500 Million for Its Third Fund, Despite Crypto Market Downturn
18.1.2023
On Tuesday, global asset manager Hashkey, which focuses on crypto and blockchain investments, announced that it has closed its third fund at $500 million. The company’s “HashKey Fintech Investment III” is dedicated to developing crypto solutions, blockchain technology, and Web3...
Number of devs increased during crypto winter: Electric Capital report
18.1.2023
Ethereum continues to be the dominant blockchain for developer activity, however, a few other chains continued to make ground
Crypto Developers Grew in Numbers Amid Bear Market, VC Firm Electric Capital Says
17.1.2023
Developers are mainly focusing on alternative ecosystems to Bitcoin and Ethereum, helping them grow faster, the VC firm said in a report
Africa Web3 games publisher Carry1st raises $27M
17.1.2023
VC firms Bitkraft Ventures and Andreessen Horowitz participated in the funding round, which aims to advance Web3 gaming in Africa
HashKey Capital Raises $500M for 3rd Crypto Fund
17.1.2023
The firm will back blockchain projects that could achieve mass adoption
Tony Cheng, Managing Partner at Foresight Ventures, on Crypto Venture Capital and Investing in 2023 | Ep. 196
17.1.2023
In an exclusive interview with cryptonews.com, Tony Cheng, Managing Partner at Foresight Ventures, talks about investing in China, investment trends of 2023, and various ways where the VC landscape changed in 2022....
Read More: Tony Cheng, Managing Partner at Foresight Ventures, on Crypto Venture...
Skybridge Capital is Predicting Bitcoin Gets to $35k This Year But is That Hope Over Realism?
17.1.2023
Global investment firm SkyBridge Capital is betting on Bitcoin reaching the $35,000 price level by the end of 2023 on the back of a sustained turnaround in the crypto market.
While admitting this view was "overly bullish," SkyBridge Capital founder Anthony Scaramucci said the recent crypto rally...
'Ninth circle of hell' is reserved for SBF for his betrayal: Scaramucci
17.1.2023
The SkyBridge founder opened up about his trust in FTX founder Sam Bankman-Fried which was ultimately broken after the exchange collapsed