Search
IMF Expects US Economy to Experience High Inflation for at Least Another Year or Two
30.8.2022
The International Monetary Fund (IMF) expects the U.S. economy to experience high inflation for at least another year or two. “I would be careful about looking at one data point for the U.S.,” IMF First Deputy Managing Director Gita Gopinath cautioned. IMF on US Economy and Global...
Three Arrows Capital Co-Founder Calls Crypto Hedge Fund's Liquidators Inaccurate, Misleading: Report
26.8.2022
In an affidavit delivered in person in Bangkok, Three Arrows Capital co-founder Su Zhu said the crypto hedge fund's liquidators made 'inaccurate and misleading' representations to a Singapore court
Polygon founder Sandeep Nailwal launches $50M Web3 fund
25.8.2022
Symbolic Capital has become the latest venture firm to focus heavily on Web3, gaming and NFTs
Polygon Founder’s Crypto VC Firm Raises $50M Fund
25.8.2022
Symbolic Capital plans to back early-stage Web3 projects
IMF Sees Significant Increase in Correlations Between Bitcoin and Asian Equity Markets
23.8.2022
Officials at the International Monetary Fund (IMF) say that the correlation between the performance of the Asian equity markets and crypto assets such as bitcoin and ethereum has increased significantly. IMF Staff on Crypto and Correlation to Asian Equities The International Monetary Fund (IMF)...
Report: Investment Management Giant Invesco Launches Metaverse Fund
23.8.2022
The investment management giant Invesco has launched a metaverse fund that will invest in a myriad of startups focused on metaverse technology, a Citywire report detailed on Monday. “We will seek to capitalise on these opportunities through a highly selective, valuation-conscious...
End-of-Week Ethereum: Developers Firm Up Merge Date, Hedge Fund Investor Says Merge is ‘Not Priced In’, Aave Proposes Strongly Signaling Support for PoS
19.8.2022
Ethereum (ETH) developers firmed up September 15 as the date when the highly anticipated Merge is estimated to happen, while Aave (AAVE) seeks to "strongly signal" its support for the PoS chain instead of PoW. Meanwhile, a crypto hedge fund manager says the Merge is not yet priced in by...
SuperLayer Announces $25 Million Fund Led by Polygon for Expansion
19.8.2022
According to an announcement published by SuperLayer, it has welcomed a fund of $25 million as an investment led by Polygon. The entire fund will be utilized for growing the ecosystem of SuperLayer, investing in new projects, and building projects for Web3 space. Polygon has a record of onboarding...
SuperLayer Announces $25 Million Fund Led by Polygon for Expansion
19.8.2022
According to an announcement published by SuperLayer, it has welcomed a fund of $25 million as an investment led by Polygon. The entire fund will be utilized for growing the ecosystem of SuperLayer, investing in new projects, and building projects for Web3 space. Polygon has a record of onboarding...
New Galaxy Fund on Path to Raise $100 Million by Year End
18.8.2022
Galaxy Digital recently launched its liquid alpha fund and is on the fundraising track now
Aid for Ukraine's $54M crypto fund buys vests, scopes, and UAVs
18.8.2022
The crypto donations have played a “significant role in Ukraine’s defense,” a Ukrainian government official wrote
Quebec Pension Fund loses almost entirety of its Celsius investment in less than ten months
17.8.2022
"For us, it is clear, when we look at all this, we arrived too soon in a sector which was in transition," says CEO Charles Émond
Blockchain VC Shima Capital debuts with $200M Web3 fund
17.8.2022
The venture firm, which was founded in 2021, is prioritizing decentralized social media, DAOs, DeFi, metaverse, zero-knowledge proofs and layer-1 solutions
Bill Ackman Among Investors as Venture Capital Crypto Firm Shima Capital Raises $200M Fund
17.8.2022
The Web3-focused fund, founded by a Wall Street veteran, is backed by crypto heavyweights Dragonfly and Animoca
CoinFund launches $300M early-stage Web3 venture fund
17.8.2022
The New York- and Miami-based VC firm said several of its seed-stage crypto investments are preparing Series A funding rounds
Crypto Investment Firm CoinFund Launches $300M Web3 Fund
17.8.2022
Sectors of interest for the early-stage fund include layer 1 blockchains, gaming and NFTs
‘Big Short’ Investor Michael Burry Dumps All Stocks but One After Predicting Market Crash
17.8.2022
Hedge fund manager Michael Burry’s Scion Asset Management dumped all but one of its stock holdings in the second quarter, according to the firm’s filing with the U.S. Securities and Exchange Commission (SEC). Burry, famed for forecasting the 2008 financial crisis, has predicted...
Latest Ghana Inflation Rate the Highest in 19 Years — Economist Recommends Installation of Currency Board
16.8.2022
Ghana’s ongoing economic woes appeared to worsen in July after data from the country’s statistical agency, Ghana Statistical Service, suggested that the inflation rate is now nearly 31.7%. The nearly 2% increase in the country’s inflation rate comes at a time when the local...
․bit Raises $13M to Build Cross-Chain Decentralized Identity Protocol
15.8.2022
bit (did.id) has raised $13 million to build a cross-chain decentralized identity protocol. The Series A round, completed one year after the startup’s launch, was from CMB International, HashKey Capital, QingSong Fund, GSR Ventures, GGV Capital, and SNZ. .bit’s open-source blockchain protocol will...
Crypto-focused venture firm Dragonfly acquires hedge fund: Bloomberg
15.8.2022
Amid the grueling bear market for Bitcoin, Ether and altcoins, the cryptocurrency industry is undergoing consolidation