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Binance Tops Up Emergency Insurance Fund 'SAFU' to $1B After BNB Volatility
9.11.2022
Binance token-related addresses were topped up with over $700 million in different tokens
Investors increasingly confident of Ripple's victory over SEC: CoinShares
8.11.2022
XRP investment products have seen a third consecutive week of inflows, suggesting investors may be increasingly confident of Ripple's victory
BitDAO Community Asks Alameda for Proof of Funds After BIT's Sudden 20% Drop, Threatens to Dump FTT
8.11.2022
The BitDAO community has threatened to sell FTT tokens if Alameda fails to provide evidence that it continues to hold FTT tokens as promised. Alameda has promised to provide the evidence soon
Circle Starts Moving USDC Reserves Into a Blackrock-Managed Fund, Firm Expects to Be ‘Fully Transitioned’ Next Year
6.11.2022
According to the crypto firm Circle Internet Financial, the company is “deepening” its partnership with the world’s largest asset manager Blackrock. Circle disclosed that it has started to transfer USDC reserves into a Blackrock-managed fund that’s registered with the U.S. Securities and Exchange...
While Official Figures Claim Turkey’s Inflation Rate Is 85%, Third-Party Stats Say It’s Closer to 200%
5.11.2022
Inflation has skyrocketed in Turkey as official figures from the Turkish Statistical Institute (Tüik) show the country’s inflation rate topped 85.5% year-on-year. The inflation rate in Turkey has risen for 17 consecutive months and last month it reached a 24-year high. Turkey’s Interest Rate...
Why are institutions accumulating crypto in 2022? Fidelity researcher explains
4.11.2022
Institutional involvement in crypto, especially in Ethereum, has increased in 2022 despite the bear market, according to the latest findings of a Fidelity Digital Assets survey
Crypto Firm Arca Closed Its Terra-Exposed Digital Yield Fund
4.11.2022
The fund was shuttered on Aug. 31 with around $20 million in assets under management
Mapping out SevenX Ventures Investment Portfolio
4.11.2022
SevenX Ventures, a crypto investment fund focused on early-stage blockchain projects in Asia, has built over 80 public investment portfolios. The three co-founders, industry veterans, have built portfolios in DeFi, NFT, GameFi, and beyond. Since its launch in 2020, SevenX Ventures has advocated...
Circle starts pouring money into its Reserve Fund, aims to fill it in 2023
4.11.2022
The Circle Reserve Fund is managed by BlackRock under the custody of Bank of New York Mellon
Mark Cuban-Backed Multichain Wallet Launches $3 Million Aptos Ecosystem Fund to Onboard New Users
4.11.2022
Blocto, a multichain wallet has announced the launch of a $3 million Aptos Ecosystem Fund whose objective is to help onboard new users to Aptos. Besides financially supporting projects, the Aptos fund will be used to back standout projects when they get to the “user acquisition phase.”...
Singapore Approves In-Principle License for Crypto Fund Manager Hashkey
4.11.2022
The license from the Monetary Authority of Singapore will allow Hashkey Capital's local arm to conduct fund management services
Circle Begins Putting Reserves Into New BlackRock Fund
3.11.2022
Circle Internet Financial has begun moving the reserves for its USDC stablecoin into a dedicated fund set up by BlackRock Inc. and registered with the U.S. Securities and Exchange Commission, the company disclosed Thursday
Crypto Wallet Blocto Launches $3M Fund for Aptos-Based Projects
3.11.2022
The layer 1 blockchain from ex-Meta employees made its mainnet debut last month with a limited ecosystem
Bitcoin price bottom takes shape as 'old coins' hit a record 78% of supply
2.11.2022
Bitcoin's long-term holders' NUPL metric has dropped to levels that coincided with market bottoms thrice since November 2011
Crypto VC Firm CoinFund Looks to Raise $250M Seed Fund
1.11.2022
SEC filings show the firm is raising money for a new fund less than three months after launching a $300 million fund
Crypto Fund Manager Bitwise Introduces Active Trading Strategies in Institutional Push
1.11.2022
San Francisco-based fund manager Bitwise has introduced active trading strategies, designed to capitalize on market inefficiencies across the crypto market for institutional clients
Twitter monetization and free speech drove Binance's $500M injection: CZ
1.11.2022
Binance will also assist Twitter’s integration into Web3 by implementing crypto payments and deploying a dedicated team of on-chain specialists to stop spam bot accounts
LD Capital Founder Jack Yi Gave a Keynote Address at BWB 2022 in South Korea: Opening of a New Era of Web3
29.10.2022
PRESS RELEASE. LD Capital was established in 2016. Its main business involves direct investment and trading. It has established LD Capital X Ecological Fund, Web3 Alliance Incubation Accelerator, and Hero Group Secondary Hedging Asset Management. In the future, LD Capital’s investment in...
Egyptian Currency Plunges 15% After Cairo Accedes to Key IMF Exchange Rate Condition
28.10.2022
After authorities in Egypt announced the adoption of a more flexible exchange rate regime, the pound exchange rate versus the U.S dollar plunged to 23.09:1, a new low for the currency. Cairo’s apparent devaluation of the Egyptian pound met a key condition set by the International Monetary...
Crypto Hedge Fund Arca Nearly Doubles Sales for Flagship Fund Despite LUNA Exposure
28.10.2022
The Digital Asset Fund, which had Terra’s collapsed token as a core holding, now has $191.7 million in sales