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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
Crypto Venture Capital Firm Dragonfly Buys Hedge Fund MetaStable Capital: Report
15.8.2022
Dragonfly has also rebranded itself, according to Bloomberg
Tornado Cash community fund multi-signature wallet disbands amid sanctions
15.8.2022
The peer-elected signatories for Tornado Cash’s community fund have left the management of the wallet to the DAO
Hedge Fund Point72’s Steve Cohen Plans Crypto Asset Manager: Report
12.8.2022
The new vehicle from the hedge fund billionaire would trade spot cryptocurrencies and crypto derivatives
Crypto Mining Hosting Firm Applied Blockchain Adds $15M Loan to Pay Off Debt, Fund Growth
12.8.2022
The firm's North Dakota site was knocked offline in July due to an equipment failure in the substation feeding it power
Arrington Capital Moonbeam Growth Fund Makes a Strategic Investment in DAM Finance
12.8.2022
The Arrington Capital Moonbeam Growth Fund has supported DAM Finance, a framework for generating buying power from cross-chain token portfolio management. The $100 million Arrington Capital Moonbeam Growth Fund, which was recently formed to support the Moonbeam ecosystem, has made its...
MEXC Activated the “Investor Protection Fund” in Response to the Dragoma (DMA) Incident and Launched the “Potion” Airdrop Compensation Benefits
12.8.2022
A few days ago, the Polygon Network ecosystem project Dragoma (DMA) experienced abnormal price fluctuations after its listing on MEXC, as it fell sharply from 0.85USDT. MEXC immediately suspended DMA/USDT trading on August 8th due to abnormal on-chain transactions. It is understood that although...
Celo Foundation to Help African Startups Scale Via Web3 Fund
12.8.2022
The Celo Foundation recently announced a Web3 fund for African startups to scale their operations. Named Celo Africa Web3 Fund, the initiative is open to every Africa-based startup. However, projects with African residents as founders will receive a preferential review for the fund. Celo has been...
BlackRock Bitcoin fund launch sends BTC price towards $25K
11.8.2022
The announcement is the "most bullish news" ever for long-term hodlers, one analyst argues as Barry Silbert heralds the arrival of Wall Street
Crypto Fund QCP Capital Says Options Trading Is Next Institutional Growth Driver
11.8.2022
Institutional investors are much more likely to partake in options trading than other crypto-centric niches, founder Darius Sit said at an event in Seoul
ReadON Completes $2M Seed Round to Build a Decentralized Content Distribution Platform
11.8.2022
PRESS RELEASE. ReadON (readon.me), a company that aims to provide users with a brand-new content consumption experience by utilizing blockchain, completed its seed investment round of $2M led by SevenX Ventures. Other investors included HashKey Capital, Foresight Ventures, Sky9 Capital, ArkStream...
Over USD 36M Returned to Nomad Bridge's Fund Recovery Address
9.8.2022
Over USD 36m has so far been returned to the official fund recovery address shared by Nomad Bridge, a cross-chain messaging protocol that was drained of USD 190m worth of funds last week in what many called "the first decentralized robbery."
According to Etherscan transactions, the recovery wallet...
Renowned Investor Jim Rogers Warns Governments Want to Control Crypto — ‘They Want to Regulate Everything’
8.8.2022
Veteran investor Jim Rogers, who co-founded the Quantum Fund with billionaire investor George Soros, has warned about cryptocurrency, stating that “if and when all our money is on our computer, it’s going to be government money.” Nonetheless, he noted that his wife invests...
Meta Reportedly Issuing $10 Billion in Bonds to Invest in Its Metaverse Products and Other Initiatives
5.8.2022
Meta, the social media company, is planning to issue its first set of bonds to finance new investments and operations, according to reports. The company will be selling $10 billion in debt, to maintain a healthy cash flow and fund buybacks, per statements of two people with reported knowledge...