Foundation has raised $7 million to develop bitcoin-centric tools which enable what they call “digital sovereignty.” The seed round was led by Polychain Capital. Other backers includ...
Tag: Capital
Grayscale Will Explore Returning 20% of Investor Capital if SEC Refuses Spot Bitcoin ETF: Report
Grayscale Investments is exploring options to return a portion of capital of its flagship Grayscale Bitcoin (GBTC) product if the Securities and Exchange Commission (SEC) refuses to approve its spot b...
Grayscale may return some capital to investors if GBTC’s ETF dreams fail: WSJ
Grayscale Investments will explore how to return up to 20% of its Grayscale Bitcoin Trust’s capital to shareholders if it cannot turn the product into an exchange-traded fund. A tender off...
Amber Group Secures $300M Funding Led by Fenbushi Capital US
7 seconds ago | 2 mins read Blockchain News Amber has opted to delay its Series B fundraising and go through with its Series C funding. As of the round’s midpoint in December 2022, Amber had collected...
DeFi industry in a ‘very positive light’, HashKey Capital report reveals
The decentralized finance (DeFi) sector has continued to attract considerable interest in 2022 in terms of funding and user growth despite the broader cryptocurrency industry reeling from an extended ...
4 Retirement Planning Moves That Can Save Big on Taxes, Including Capital Gains
When it comes to investing for retirement it’s not just a matter of how much you make – it’s also a matter of how much you keep. The surest way to boost the returns on your retirement mone...
Orbeon Protocol revolutionizing venture capital forever
Orbeon Protocol is revolutionizing venture capital by making it accessible to everybody. The decentralized investment platform brings together startups and investors, streamlining the fundraising proc...
Novavax Tumbles on Cut to UK Covid Vaccine-Supply Deal, Capital Raising
(Bloomberg) — Novavax Inc. shares fell the most in almost four years on Thursday after the company announced it had cut its vaccine supply to the UK and was seeking additional equity and debt. M...
Crypto trading firm QCP Capital has at least $97 million stuck on FTX: Sources
QCP Capital, a crypto trading firm based in Singapore, has at least $97 million stuck on FTX after the crypto exchange filed for bankruptcy last month. In an effort to recoup some cash, QCP is a...
Leading U.S. law firm Pomerantz files lawsuit against Silvergate Capital
Pomerantz LLP has filed a class action lawsuit against Silvergate Capital Corporation for its alleged involvement in a multi-million dollar money laundering scheme, making misleading statements concer...
Platypus Unveils Launch of Its Native Stablecoin (USP) to Boost Capital Efficiency
Advertisement     Avalanche-based AMM that facilitates seamless exchange between pegged assets, Platypus Finance, has announced the launch of its native stablecoin, US...
Bank of Montreal Drops on $2.3 Billion Stock Sale to Hit Capital Hurdle
(Bloomberg) — Bank of Montreal, which is working to close the largest acquisition in its history, is selling C$3.15 billion ($2.31 billion) in equity to make sure it can meet Canadian regulators...
Bitcoin Miner Terawulf Raises $10M in Fresh Capital to Pay Down Debt, Restructures Deal With Bitmain – Mining Bitcoin News
On Monday, Dec. 12, 2022, the Maryland-based bitcoin mining company Terawulf announced that the firm has raised $10 million in capital to pay down debts. The firm also said that it restructured a deal...
TRON stablecoin USDD loses dollar peg amid Sun’s capital deploy, but TRX floats
TRON’s stablecoin, USDD, depegged from the dollar TRX price action held out in the negative as Justin Sun calmed the community USDD, the decentralized stablecoin of TRON [TRX], lost its peg to the dol...
QCP Capital Founder Sees Crypto Industry’s Immediate Future Tied to Genesis Debacle, Expects Rebound in 2024
Ether followed a similar pattern to bitcoin, falling earlier in the day before rebounding. The second-largest crypto by market value was recently changing hands at about $1,275, a small gain from Sund...
Crypto insurance firm Evertas raises $14 million from Polychain Capital: CoinDesk
Crypto insurance firm Evertas secured $14 million in funding in a Series A round, according to a report from CoinDesk. The round was led by Polychain Capital and saw participation from investors...
Tron’s Stablecoin USDD Deviates From the $1 Peg, Justin Sun Says Team Deployed More Capital – Altcoins Bitcoin News
The Tron-based stablecoin USDD has once again dropped below the $1 parity to a low of $0.969 on Monday, Dec. 12, 2022. Amid the drop in USDD’s value, Tron founder Justin Sun tweeted that his team was ...
ReduX: Hi-tech Crypto Investment with token which can switched to shares of the common capital markets.
The global market is developing exceptionally fast, and with this comes new investment opportunities. ReduX Technologies, a innovative Swiss hi-tech company, is paving the way for a new kind of crypto...
Raising in a Bear Market: Slow Ventures, Volt Capital, Conviction, AngelBlock at 0xpo Summit
Raising in a Bear Market: Slow Ventures, Volt Capital, Conviction, AngelBlock at 0xpo Summit Clay Robbins of Slow Ventures, Soona Amhaz of Volt Capital, Sarah Guo of Conviction and formerly Greylock, ...
German VC Picus Capital commits to web3 with new investment arm
German venture capital firm Picus Capital launched a dedicated web3 and crypto investment arm called picus.xyz. “Picus.xyz is not only a sign of our long-term belief and commitment to web3...
Three Arrows Capital co-founder says it wasn’t luna that took it out, but FTX
It wasn’t the collapse of the cryptocurrency luna that ultimately caused the downfall of Three Arrows Capital, according to 3AC co-founder Kyle Davies. Instead, it was the firm’s final position being ...
Tycoon Tony Fernandes’ Capital A Forms AirAsia Cambodia As Budget Carrier Seeks New Growth Markets
AirAsia celebrated its 21st anniversary with the formation of an airline in Cambodia. Danielle Keeton-Olsen for Forbes Asia AirAsia Aviation Group—controlled by Malaysian tycoons Tony Fernandes and Ka...
Credit Suisse Raises $4.3 Billion Capital After Wild Ride
(Bloomberg) — Credit Suisse Group AG completed a 4 billion-franc ($4.3 billion), two-pronged capital increase, giving Chief Executive Officer Ulrich Koerner the funds needed to embark on a compr...
The Sandbox (SAND) and Chiliz (CHZ) Are Both Experiencing Outflows of Capital But Snowfall Protocol (SNW) Is Up 250% Since Selling Out Stage 2 of Its Presale – What Does This Mean For You?
The Sandbox (SAND) and Chiliz (CHZ) are both losing money right now, but Snowfall Protocol (SNW) investors has made 250% more money since stage 2 of the presale sold out. So what does this mean for yo...
Global Blockchain Market Report 2022: Rising Venture Capital Investments in Blockchain Businesses Fuels Growth – ResearchAndMarkets.com
DUBLIN–(BUSINESS WIRE)–The “Global Blockchain Market Size, Trends, and Growth Opportunity, By Type, By Component, By Enterprise Size, By End-User, By Services, By Application, By Region and forecast t...
Alameda’s capital portfolio reveals $5.4bn invested in 500 illiquid ventures
For the first time, a new report by the Financial Times (FT) has shed light on where funds managed by collapsed crypto hedge fund Alameda Research had been invested. Alameda investments unveiled The F...
Arlington Capital Partners Agrees to Sell Octo to IBM
WASHINGTON–(BUSINESS WIRE)–Arlington Capital Partners (“Arlington Capital”), a Washington, DC-based private equity firm, today announced it has agreed to sell Octo (the “Company”) to IBM (NYSE: IBM). ...
Founders of Bankrupt Crypto Hedge Fund Three Arrows Capital Subpoenaed in US
“The foreign representatives and their agents are authorized to serve subpoenas for the production of documents and testimony upon the founders, the investment managers and anyone else that might have...