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Multicoin Capital raises $430M for new crypto startup fund
12.7.2022
Even with Bitcoin, Ether and altcoins in a bear market, venture funding for the blockchain industry continues to grow
Multicoin Capital Announces $430 Million Venture Fund for Crypto Startups
12.7.2022
The venture capital giant’s latest fund – in combination with already existing vehicles at Multicoin – will invest $500,000-$1 million in early-stage projects, and up to $100 million or more for more mature opportunities
Solana’s Macalinao Brothers Launch $100M VC Fund
12.7.2022
Protagonist, the new venture capital firm and incubator from the prominent developers, will primarily focus on emerging blockchains and technology
Terra projects band together in migration to Polygon ecosystem
11.7.2022
Projects formerly running on the fallen Terra blockchain have collaborated to help each other migrate over to the Polygon layer-two network
Report: Blockchain.com CEO Reveals Company Lost $270 Million From 3AC Exposure
8.7.2022
According to a report published on July 8, the cryptocurrency firm Blockchain.com lost $270 million from exposure to the crypto hedge fund Three Arrows Capital (3AC). The news was shared in a recent letter to shareholders written by the company’s CEO Peter Smith. The Blockchain.com executive...
IMF: Global Economic Outlook Has ‘Darkened Significantly’ — Global Recession Cannot Be Ruled Out
8.7.2022
The head of the International Monetary Fund (IMF), Kristalina Georgieva, has warned that the global economic outlook “has darkened significantly,” emphasizing that, regarding a global recession, “we cannot rule it out.” IMF Says Global Economic Outlook ‘Has...
South Korean MP Wants to Launch a Fund to Help Struggling Crypto Investors
8.7.2022
A South Korean politician wants the government to create a special fund to help crypto investors who have suffered losses in the markets – and says that crypto exchanges should foot the bill.
News1 reported that Kim Byung-wook, an MP for the opposition Democratic Party, told a group of blockchain...
VC firm Konvoy launches new $150M fund, eyes blockchain-based games
8.7.2022
Gaming venture capital firm Konvoy launches new $150 million fund, with a portion set to be invested in cryptocurrency and blockchain-based games
TON Foundation Raises $90M for New Ecosystem Fund
7.7.2022
The stewards of the TON have raised $90 million for a new ecosystem fund continuing its recent flurry of activity to get the Telegram-founded blockchain project back into gear
EA’s Bad Tweet Last Week Has Led To Roundtable Meetings With Angry Staff
6.7.2022
Remember last week? It happened about 34 years ago, so if you don’t, I understand. But last Thursday, the official EA Twitter account tweeted a bad joke about single-player games that led to an internet-wide roasting and eventually an apology from the Battlefield publisher. And apparently, EA...
Voyager Files for Bankruptcy Citing Contagion in Crypto Markets, Three Arrows Capital’s Loan Default
6.7.2022
Crypto lender Voyager Digital has filed for Chapter 11 bankruptcy. The company explained that the “prolonged volatility and contagion in the crypto markets” and the default of crypto hedge fund Three Arrows Capital (3AC) on a loan require it “to take deliberate and decisive...
Virginia county Fairfax commits $35M to Van Eck crypto lending fund
6.7.2022
Fairfax County continues its cryptocurrency investment endeavors through VanEck crypto lending fund, exploring the world of yield farming through the asset manager
$10 Bundle Includes Hundreds Of Games, Helps Fund Access To Abortion
6.7.2022
Game designer Caro Asercion has marshaled together a massive itch.io bundle giveaway to help raise money for abortion funds throughout U.S. states where reproductive health is now, or soon will be, illegal following the Supreme Court’s overturning of Roe v. Wade. It’s just $10, and includes...
Troubled Crypto Fund Three Arrows Capital Has USD 7.5M Worth of Blue-Chip NFTs - Report
5.7.2022
Embattled crypto investment firm Three Arrows Capital (3AC), which has recently filed for bankruptcy, ostensibly holds more than USD 7.5m worth of blue-chip NFTs.
According to data compiled by crypto research firm 21shares, 3AC owns a total of 377 NFTs, which includes 11 CryptoPunks,...
Ghana Changes Mind on IMF Bailout Days After Residents Staged Protests Against Worsening Economic Situation
5.7.2022
The Ghanaian government has reportedly changed its mind and will now seek a financial rescue package from the International Monetary Fund (IMF). The decision comes just a few days after residents took to the streets to protest the spiraling inflation and growing economic hardships. Ghana’s...
Report: Embattled Crypto Hedge Fund Three Arrows Capital Files for Chapter 15 Bankruptcy
2.7.2022
The troubled crypto hedge fund Three Arrows Capital Ltd., otherwise known as 3AC, has filed for bankruptcy according to recent court filings. The court papers show 3AC is aiming for an ancillary Chapter 15 proceeding so liquidators and creditors cannot seize the firm’s U.S. assets. 3AC Files...
DeSci: Tech trees to fund ambitious science and tech
2.7.2022
To aid coordination, technology trees help decentralize science and provide an overview of the field, existing work and open challenges
Troubled Crypto Hedge Fund 3AC Reprimanded by Singapore’s Monetary Authority, Liquidators Eye Su Zhu’s Properties
1.7.2022
On Wednesday, it was reported that the crypto hedge fund Three Arrows Capital (3AC) was liquidated by a British Virgin Islands court and following the alleged liquidation, the Monetary Authority of Singapore (MAS) has reprimanded 3AC for misleading regulators. Furthermore, reports claim that...
Report: Crypto Market Crash Wipes Millions of Dollars From North Korea’s Kitty of Stolen Cryptocurrencies
1.7.2022
The recent plunge in the value of cryptocurrencies may have wiped out millions from North Korea’s fund comprised of stolen crypto assets. The diminishing value of cryptocurrencies is believed to be affecting Pyongyang’s ability to fund its weapons programs. Stolen Crypto Assets...
OP Crypto launches $100M fund to back early-stage crypto VCs
30.6.2022
Targeting a hard cap of $100 million, the OP FoF I fund is expected to close by the end of Q3, OP Crypto’s COO Lucas He said