Hong Kong To Raise $100 Million To Fund The Growth Of Its Crypto Industry

Hong Kong aims to regain its status as a leading finance and crypto hub, and to this end, domestic investors have established the ProDigital Fund to raise $100 million. Already having secured $30 million in commitments, the fund aims to reach its target by the end of this year, driving the growth of the digital […] дальше »

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Solana-Based Crypto Exchange Raydium Proposes $2M Bug Bounty Fund

Raydium, Solana's second-biggest decentralized exchange, envisons a bug bounty program to clean up its market maker smart contracts. дальше »

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Hong Kong fund aims to bet $100M, thanks to city's crypto push

Hong Kong-based ProDigital Future is going all in on crypto with a $100 million fund for digital asset investment. The fund will invest in early-stage and developing ventures, along with tech fThe post Hong Kong fund aims to bet $100M, thanks to city's crypto push appeared first on AMBCrypto. дальше »

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More Money Flows Into Crypto in Asia With Launch of $100M Hong Kong Fund

ProDigital Futures, a Hong Kong Investment fund, wants to invest $100 million in Web3 startups as the country aims to become a regional crypto hub. The post More Money Flows Into Crypto in Asia With Launch of $100M Hong Kong Fund appeared first on BeInCrypto. дальше »

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Hong Kong fund plans to raise $100 million for crypto investment

The new Hong Kong-based equity fund will focus on the regional market and embrace Web3 startups.

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Investment DAO Hydra Ventures Raises $10M to Fund Other DAOs

Web3 investors such as 1kx, ConsenSys, Collab+Currency, Wicklow Capital and Seed Club were among firms joining the investment round. дальше »

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North Korea Hackers Likely Exploit Cloud Mining to Launder Stolen Crypto, Research Shows

The APT43 group steals crypto to fund operations and launders it through cloud mining services. дальше »

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Animoca Denies $200M Metaverse Fund Cut

Animoca co-founder Yat Siu says that the company is pursuing its original plan to raise a metaverse fund.   Venture Capital firm Animoca Brands has denied reports that its metaverse fund is being slashed to $800 million. дальше »

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ARK Invest Scoops Up Coinbase, Block Shares for Second Straight Day

Cathy Wood's fund bought COIN and SQ on Thursday and Friday last week after Coinbase tumbled on getting hit with a Wells Notice and Block took a hit following a short-seller's report. дальше »

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Analysis: How social media killed Silicon Valley Bank

The following is a guest post by web3 strategist Toby Fan, and Aly Madhavji, Managing Partner at Blockchain Founders Fund. The post Analysis: How social media killed Silicon Valley Bank appeared first on CryptoSlate. дальше »

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Mike Novogratz Calls for Truce Between Bitcoin (BTC) and Ethereum (ETH) Communities

Mike Novogratz, a prominent investor and former hedge fund manager, recently urged for unity between the Bitcoin and Ethereum communities дальше »

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Coinbase extends request for builders to expand ecosystem via Base Fund

Coinbase's layer-2 platform, Base, is extending a request for builders to work on a safer DeFi, altcoins, on-chain reputation, and on-chain Limit Order Book(LOB) exchange through its Base Fund дальше »

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Animoca denies reports of $200M cut to metaverse fund and valuation drop to $2B

Speaking with Cointelegraph, Animoca co-founder Yat Siu noted that given the source’s anonymity, it “makes it difficult to ascertain exactly who or what the source or agenda is.” дальше »

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Animoca Brands cuts metaverse fund target to $800M: Report

The company announced in November 2022 that it was working on a new Animoca Capital fund with a target of $2 billion but then halved that target in January 2023. дальше »

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Animoca Brands Yet Again Reduces Its Metaverse Fund Expectations

Metaverse heavyweight Animoca Brands lowers target for its new fund for second time in four months дальше »

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A Three Arrows Capital Founder Talks About His New Crypto Bankruptcy Exchange

Less than a year after Three Arrows Capital imploded along with $2.5 billion of its clients' money, the hedge fund's founders Su Zhu and Kyle Davies are back on the scene with what appears, to their credit, to be an impressive bankruptcy exchange, but is it too soon? дальше »

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NFT Investor Animoca Brands Cuts Target for Metaverse Fund to $800M: Reuters

When Animoca initially unveiled its plans for the fund last November, its target was $2 billion. This was then cut in half to $1 billion in January. дальше »

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Zipmex Acquisition Stumbles as Buyer Misses Payment: Bloomberg

The payment was due on March 23 and was required to fund working capital. дальше »

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FTX Bankruptcy Team Claws Backs $404M From Bahamas Hedge Fund

The restructuring team of FTX has settled with a Bahamas-based hedge fund, Modulo, and recovered over $400 million. The post FTX Bankruptcy Team Claws Backs $404M From Bahamas Hedge Fund appeared first on BeInCrypto. дальше »

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FTX to claw back $460 million from SBF-backed hedge fund

FTX is looking to recover $460 million for its stakeholders. Alameda Research invested $400 million into Modulo Capital in 2022. On 22 March, the FTX estate filed a motion to enter into a seThe post FTX to claw back $460 million from SBF-backed hedge fund appeared first on AMBCrypto. дальше »

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FTX Bankruptcy Estate to Claw Back $460M From Modulo Capital

Alameda Research seeded little-known Bahamas-based hedge fund Modulo Capital with $475m in 2022. The recovery includes $404m of cash. дальше »

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ARK Invest breaks Coinbase stock buying streak

Cathie Wood’s investment management firm ARK Invest on March 21, sold 160,887 Coinbase shares  (NASDAQ: COIN) from its ARK Fintech Innovation exchange-traded fund (ARKF). The shares were sold for $13. дальше »

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Alecta Offloads First Republic Bank Stake amid US Banking ‘Uncertainty’

Coinspeaker Alecta Offloads First Republic Bank Stake amid US Banking ‘Uncertainty’ Sweden’s largest pension fund Alecta dumped its First Republic Bank stake at a $728 million loss amid broader US banking losses. дальше »

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Sushi seeks to establish $3m USDT legal defense fund

Sushi is seeking to create a legal defense fund that would cover legal fees for core contributors. дальше »

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Bitcoin Price Will Hit $50,000 In Under A Year, This Economist Says

Bitcoin price could see a boost amid a widespread financial crisis that has already led to the collapse of several banking giants and put many others at risk, according to Raoul Pal, Real Vision CEO and a former hedge fund manager. дальше »

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Sushi DAO in Hot Water: Head Chef Requests $3 Million USDT For Legal Defense Fund

The Securities and Exchange Commission (SEC) has issued a subpoena to Sushi DAO and its “head chef,” Jared Grey, as part of the regulator’s ongoing efforts to scrutinize the decentralized finance (DeFi) industry and cryptocurrencies. дальше »

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CCP Games secures $40M funding for upcoming Web3 game

The financing was led by venture capital firm Andreessen Horowitz, with participation from Makers Fund, Bitkraft, Kingsway Capital and Hashed, among others. дальше »

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Sushi sets up legal defense fund after SEC subpoenas head chef Jared Grey and DAO itself

The DAO said it would not be commenting on “ongoing legal investigations,” but its existing $100,000 defense fund was apparently not enough. дальше »

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Bitwise Asset Management Announces New Exchange Traded Fund Aimed At Long-Term Bitcoin ETF Investors

The new BITC ETF will use an “optimum roll” strategy to focus on long-term returns for investors. дальше »

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Breaking: SushiSwap and its CEO served with subpoena by SEC

US SEC subpoenaed Sushiswap and its head Jared Gary Gary proposed to creation of a legal fund that would be used to defend the DeFi project's core developers The United States Securities andThe post Breaking: SushiSwap and its CEO served with subpoena by SEC appeared first on AMBCrypto. дальше »

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Swedish pension fund Alecta dumps First Republic Bank shares after price plummets

The Swedish fund was the bank’s fifth largest shareholder; the fund’s CEO said the uncertainty surrounding First Republic was too great. дальше »

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Binance Swaps BUSD for USDT and TUSD in Secure Asset Fund 

Binance will replace BUSD in its Secure Asset Fund with USDT and TUSD.

The post Binance Swaps BUSD for USDT and TUSD in Secure Asset Fund  appeared first on BeInCrypto.

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Earn during the crisis by investing in the Webcam Market with PapayaHub

This week,PapayaHub, a platform for investing in the webcam market, raised $128 million from the FBG Capital venture fund. Financing was also supported by other venture funds — Paradigm, Sequoia CapThe post Earn during the crisis by investing in the Webcam Market with PapayaHub appeared first on AMBCrypto. дальше »

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Ripple Partners With and Invests in Singaporean Fund to Accelerate Web3 Adoption

XRP adopter Ripple takes root in Singapore thanks to partnership with Blockchain Founders Fund дальше »

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US-based Tykhe Block Ventures Announces First Close of its $30 Million Blockchain Growth Fund

Tykhe Block Ventures, a Venture Capital company based in the USA, has declared the first closing of its Blockchain Growth Fund, which was valued at $30 Million. It is being led by a group of Ultra-High Net Worth Individuals (UHNWIs) and Family Offices working in Southeast Asia and the Middle East. The company has decided […] дальше »

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Top Crypto Moguls Predict Bullish Trends on Crypto Market as Binance Converts $1 Billion Recovery Fund

Bitcoin (BTC), Ethereum (ETH), and Binance Coin (BNB) could soon receive a significant boost in price fuelled by the mass conversion of the funds from Binance. On his Twitter, Binance CEO Changpeng Zhao announced the move to convert $1 billion Industry Recovery Initiative funds from BUSD to ‘native crypto’, such being Bitcoin and Ethereum alongside […] дальше »

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Payments Processor Stripe Secures $6.5B in Funding at $50B Valuation

Stripe's valuation has fallen about 47% from its 2021 fund raise of $95 billion. дальше »

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Cathie Wood’s Ark Raises $16.3M for New Private Crypto Fund

SEC filings show fundraises for two versions of the ARK Crypto Revolutions fund. дальше »

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Hedge fund legend Ken Griffin knocks US SVB depositor save

Hedge fund billionaire Ken Griffin was critical of how the U.S. government saved the depositors at Silicon Valley Bank (SVB), and thinks that is is a lesson in the moral hazard that exists in today's global marketplace. дальше »

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BNB gets Binance's nod for safety amid 'unstablecoins' frenzy- Here's how

Binance altered storing the industry recovery fund as stablecoins and moved it to BNB, ETH, and BTC. The crypto community believes that the decision could set off buying pressure. Binance CEThe post BNB gets Binance's nod for safety amid 'unstablecoins' frenzy- Here's how appeared first on AMBCrypto. дальше »

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Ordinals Community Donates $19,000 To HRF Bitcoin Development Fund

An Ordinals community surrounding the Taproot Wizards inscriptions has donated almost .85 bitcoin to the HRF. дальше »

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Crypto Fund Outflows Hit Record Weekly Level

The outflows rose for a fifth consecutive week and come amid rising uncertainty about the future of digital assets. дальше »

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Three Arrows Capital Co-Founder Kyle Davies: No Pending Lawsuits or Regulatory Action

Kyle Davies, co-founder of defunct hedge fund Three Arrows Capital, has claimed he has no pending lawsuits or regulatory action following the collapse of the fund last year. дальше »

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South Korea Launches New ‘Metaverse Fund’

The South Korean government is doubling down on its commitment to the metaverse, with the creation of the Metaverse Fund. South Korea is creating a new fund to assist the growth and development of the metaverse. дальше »

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Binance converts $1B BUSD to Bitcoin, Ethereum, BNB

Binance CEO Changpeng Zhao (CZ) has confirmed that the exchange has converted the remaining $1 billion in its industry recovery fund to native crypto assets — including Bitcoin, Ethereum, and BNB. дальше »

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Binance CEO announces recovery funds conversion from BUSD to 'native crypto'

Binance CEO says with recent “changes” in stablecoins and banks, the company’s recovery fund will be converted from BUSD to “native cryptos" such as BTC. дальше »

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$1 Billion Buying Pressure On Bitcoin, ETH, BNB Incoming, Binance Will Convert Recovery Fund

Bitcoin and the broader crypto market showed a strong recovery on Sunday afternoon (EST), although it was probably the most chaotic weekend in a long time. The crypto ecosystem lost another key banking partner. дальше »

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South Korea launches ‘Metaverse Fund’ to expedite domestic initiatives

With the help of the Metaverse Fund, South Korea will support the mergers and acquisitions of various firms from the metaverse ecosystem. дальше »

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Lionel Messi Backs New Web3 Soccer Game

The consensus greatest player of all time is backing Matchday – a Web3 mobile gaming startup.   Lionel Messi is emerging as a key investor in a $21 Million seed fund for Web3 gaming startup Matchday. дальше »

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Justin Sun Completes $100M USDC Transfer to Create Huobi Liquidity Fund

Sun’s USDT is moving after Huobi’s HT Token Dropped 93% and then rebounded. дальше »

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