Gaming retailer GameStop says it will no longer focus any efforts on cryptocurrencies, after amounting $94.7 million in net losses in the third quarter and laying off staff from its digital assets dep...
Tag: 95M
Ontario Teachers Pension Plan Writes Down $95M FTX Investment
The Ontario Teachers Pension Plan (OTPP), one of the third largest investment funds in Canada, announced Friday that it would liquidate its entire position in the beleaguered crypto exchange FTX. The ...
Ontario Teachers’ Pension Plan Writes Off $95M Exposure to FTX
9 seconds ago | 2 mins read Exchange News Investments are made on behalf of 333,000 active and retired educators via the OTPP. Last Monday, FTX initiated Chapter 11 bankruptcy protection. Canada’s thi...
Ontario Teachers’ Pension Plan Writes Down $95M FTX Investment
The Ontario Teachers’ Pension Plan has written down its 95 million FTX Investment after the exchange collapsed amid a liquidity crisis. In a statement, the fund revealed ownership of 0.4% in FTX.com a...
Canada’s largest pension fund writes off $95M FTX investment
Canada’s largest pension fund Ontario Teachers said it would write off its $95 million in bankrupt crypto exchange FTX, according to a Nov. 17 press statement. According to the pension fund, it made t...
Ontario Teachers Sunk $95M in FTX—Pension Fund Says Collapse Will Have ‘Limited Impact’
The Ontario Teachers’ Pension Plan says the $95 million it invested in FTX Trading and FTX US will have a “limited impact” on the plan. The investment represents 0.05% of its total net assets, t...
Ontario Teachers Fund Sank $95M in Failed FTX Empire
In Ontario, a teachers’ pension fund is swept up in the current crypto crisis following sizable investments in FTX over the past year. The Ontario Teachers’ Pension Plan Board, which oversees the fund...
Terra developers propose revised 95M LUNA ecosystem funding program
On Monday, developers of the Terra ecosystem — consisting of Luna Classic (LUNC), which was formerly known as LUNA, TerraUSD Classic (USTC) and Luna 2.0 (LUNA) — proposed a revised expansion program f...
Web3 Payments Infrastructure Startup Merge Raises $9.5M
A Web3 payments infrastructure provider startup, Merge, announced today that it had collected $9.5 million in seed funding to build its payment and banking platform to “merge” traditional financial se...
Octopus Ventures Leads $9.5m in Seed Round for Web3 Fintech Firm Merge
Merge, a next-generation fintech startup that provides crypto and web3 companies with a range of banking and payments solutions has raised $9.5 million from venture capital firms led by Octopus Ventur...
Crypto Startup Merge Raises $9.5M to Develop Its API Payments Platform
London-based crypto payments infrastructure provider Merge announced Monday it has raised $9.5 million in a seed funding round led by investment management company Octopus Ventures. Other investors in...
Snoop Dogg and Gary V have $95M in NFTs, Dolly Parton’s Dollyverse and more…
According to data from DappRadar, the NFT portfolios belonging to Iconic rapper Snoop Dogg and popular entrepreneur Gary Vaynerchuck are worth a combined $95 million. Vaynerchuck’s wallet holds the li...