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Hedge Fund Manager Steve Cohen Exits Crypto Trading Firm Radkl: Report
2.8.2022
Hedge fund manager Steve Cohen has existed his investment in crypto trading firm Radkl, according to a report by Bloomberg Tuesday citing a spokesperson for the company
July Marks Strongest Month of Crypto Fund Inflows This Year: CoinShares
1.8.2022
Digital-asset investment products saw inflows totaling $474 million last month, nearly reversing June’s $481 million of outflows
$200M BitGet BTC-USDT protection fund hints at investor-centric trend
1.8.2022
Bitget’s reasoning behind using a combination of a stablecoin and Bitcoin in the protection fund is to counter massive unforeseen volatility in crypto markets
Charles Schwab’s $655B Asset Management Arm to Start Trading Crypto-Related ETF This Week
1.8.2022
Charles Schwab’s $655 billion asset management arm is launching its first crypto-related exchange-traded fund (ETF). The new fund is expected to start trading this week on the NYSE Arca exchange. Charles Schwab Launches Its First Crypto-Related ETF Schwab Asset Management, a subsidiary...
Survey That Asks if The Merge Could Cause an Ethereum Chain Split Sparks PoS Delay Discussions
31.7.2022
While there’s 50 days left until the week of September 19, the crypto community has been discussing whether or not Ethereum developers will delay the penciled-in date for The Merge. Moreover, on July 27, the crypto hedge fund Galois Capital published a survey on Twitter that indicates more...
Analysts: BRICS Currency Meant to Rival USD, Trump Warns of Depression as Kiyosaki Predicts Bond Crash, Waits to Buy Bitcoin — Bitcoin.com News Week in Review
31.7.2022
BRICS nations have revealed they’re “creating an international reserve currency” analysts believe is meant to challenge the U.S. dollar and the International Monetary Fund’s Special Drawing Rights (SDR) currency. Further, Donald Trump warns of a depression in the U.S....
Renowned Investor Jim Rogers Warns ‘the Worst’ Bear Market in His Lifetime Is Incoming
31.7.2022
Veteran investor Jim Rogers, who co-founded the Quantum Fund with billionaire investor George Soros, has warned that more bear markets are coming and the next one will be “the worst” in his lifetime. Noting that many stocks will go down 90%, he stressed that investors will lose a...
Apecoin DAO Approves Funding a Bored Ape-Centric News Publication
30.7.2022
Apecoin DAO community members have approved a governance proposal that will fund a Bored Ape Yacht Club (BAYC)-centric news publication called the Bored Ape Gazette with $150,000 for the first year. While the Bored Ape Gazette has been in operation since June 1, 2021, the site’s operator...
Central African Republic Token Sale off to Slow Start — $1.26 Million Raised in Under 5 Days
30.7.2022
The Central African Republic’s token sale appeared to have gotten to a slow start after less than 13 million out of the 210 million Sango coins were sold since the commencement of the sale on July 25. The country has claimed its decision to adopt bitcoin has won praise from “other...
Report: IMF Warns Kenyan Central Bank Against Introducing a CBDC That Harms Fintechs and Banks
29.7.2022
The global lending institution, the International Monetary Fund (IMF) has told the Kenyan central bank that its proposed digital shilling must “do no harm” to existing private sector digital money. The lender insisted the proposed central bank digital currency (CBDC) must “not...
IMF Predicts Latam to Grow 3% This Year, Despite Facing Economic Deceleration and Rising Inflation
29.7.2022
The International Monetary Fund is predicting that Latin America (Latam) will keep growing this year, reaching a growth rate of 3% even with all of the difficulties that the region is facing. The institution believes that the economic recovery that Latam is enjoying after the Covid-19 pandemic will...
IMF Warns of Further Crypto Selloffs and More Coins Failing
29.7.2022
A director with the International Monetary Fund (IMF) has warned of further selloffs in both crypto assets and equities. He further warned that more crypto tokens could fail. IMF Foresees More Crypto Selling Pressure Tobias Adrian, director of Monetary and Capital Markets for the International...
Crypto Fund Variant Commits $450M to Backing Web3, DeFi Projects
28.7.2022
A $150 million seed fund will focus on Web3 founders and a $300 million opportunities found will double-down on portfolio projects
ApeCoin Proposal to Fund 24-Hour BAYC News Site Wins Community Approval
28.7.2022
Ape Coin, the native token of the Bored Ape Yacht Club ecosystem, has approved a proposal that will fund a 24-hour crypto news website
‘Big Short’ Investor Michael Burry Doubts SEC Has Resources or IQ to Investigate Crypto Listings on Coinbase Correctly
28.7.2022
Hedge fund manager Michael Burry, famed for forecasting the 2008 financial crisis, believes that the U.S. Securities and Exchange Commission (SEC) neither has the resources nor the IQ points needed to correctly investigate crypto listings on Coinbase. Michael Burry on SEC Investigating Crypto...
Fantom to Fund Ecosystem Projects Using Portion of Burn Fees
27.7.2022
A governance vote saw an overwhelming number of community members decide on using a third of Fantom’s burn fees to fund new projects
KuCoin CEO Johnny Lyu launches 'Anti-FUD Fund'
27.7.2022
The exchange’s Anti-FUD Fund comes shortly after KuCoin CEO Johnny Lyu’s spat with a whistleblower who claimed the exchange was insolvent
Startup Incubator Launch House Debuts $10M Fund With Web3 in Focus
26.7.2022
House Capital will invest in early-stage companies building for the “new Silicon Valley,” which includes Web3
3AC: A $10B hedge fund gone bust with founders on the run
25.7.2022
3AC downfall has led to a multi-billion dollar cascade that has claimed the likes of Celsius, Voyager and many other crypto lending firms with exposure to the hedge fund
Meta History Museum Raised Over $1,000,000, Releases New NFT Collection in Support of Ukraine
24.7.2022
The META HISTORY project team created Ukraine’s first NFT war museum one month after Russia’s full-scale invasion. Since then they have managed to raise $1,290,398 (803.28 ETH) for the Aid For Ukraine crypto fund, created by the Ukrainian Ministry of Digital Transformation together...