The FTX breakdown created a high level of doubt and fear among crypto investors and users. Last week’s crypto market was filled with uncertainty for crypto asset prices. Investors are afraid to make a...
Tag: Capital
Electric Capital Partners: ‘Yellow Flags’ Kept Us Away From SBF
Electric Capital executives told its limited partners Thursday that the crypto-focused venture capital firm is relatively unscathed from the FTX debacle — thanks to “yellow flags” Electric spotted whe...
Genesis Global Capital Suspends Withdrawals and Granting Loans
The crypto lending division of Genesis Trading, Genesis Global Capital, has temporarily paused its withdrawal and loan origination services as it faces “abnormal withdrawal requests” in the wake of th...
Multicoin Lost More Than Half Its Crypto Fund’s Capital This Month: Sources
Cryptocurrency-focused asset manager Multicoin Capital lost more than half of its flagship fund’s capital in about two weeks. The drop of about 55% — one of the worst in Multicoin’s history — was trig...
Pantera Capital releases statement amid the breakout of FTX contagion – crypto.news
Joey Krug, co-CIO of cryptocurrency investment firm Pantera Capital, recently discussed how his company had been impacted by the demise of SBF’s FTX empire and the short, medium, and long-term effects...
Coinbase says it has no exposure to Genesis, touts ‘strong capital position’
Due to the chain reaction of events following the FTX collapse, the leading exchange Coinbase felt the need to clarify that it has a ‘strong capital position’ amid market turmoil, and has zero exposur...
Grayscale Declares ‘Business as Usual’ Despite Sister Company Genesis Global Capital Suspending Withdrawals
Genesis Global Capital, the lending arm of crypto investment bank Genesis Global Trading, announced the suspension on Wednesday in response to “extreme market dislocation and loss of industry co...
Three Arrows Capital Founder Kyle Davies Says FTX Employees Admitted to Hunting 3AC’s Positions
The co-founder of bankrupt crypto hedge fund Three Arrows Capital (3AC) says that FTX employees have admitted that the collapsed exchange was hunting down the firm’s positions. In a new interview on C...
Genesis Global Capital suspends redemptions, with impact spreading to Gemini
Genesis Global Capital, the lending business of Genesis Trading, temporarily suspended redemptions and new loan originations in the wake of FTX’s recent collapse and the earlier Three Arrows Cap...
Bitcoin Price To Hit $1 Million, Pantera Capital Predicts the Timeline!
Bitcoin is currently priced at $16.8K with no noteworthy movements overnight or in the last five days. The panic sell-off appears to have disappeared as even the stablecoins have regained their pegs. ...
Genesis Capital Pauses Withdrawals, Gemini Earn Affected – Trustnodes
Genesis Global Capital, a crypto lender that focuses on institutional investors with $2.8 billion in loans as of Q3 2022, has suspended loan redemptions its Interim CEO Derar Islim said in a call to c...
Ramp Closes $70M Series B Round Led by Mubadala Capital and Korelya Capital
The latest investment round brings the total raised by Ramp to $122.7m over the last year, despite the current crypto bear market Ramp, a financial technology company that builds payment rails connect...
Pantera Capital Reveals $149,000 Bitcoin Price Target – Here’s the Timeline
Crypto fund Pantera Capital says that the next Bitcoin (BTC) halving event will spark a bull rally beginning in early 2024. Pantera Capital CEO Dan Morehead and other executives are telling investors ...
SBF Not Giving Up, Looks to Raise Fresh Capital Despite Bankruptcy
Sam Bankman-Fried, the former leader of FTX, seems to still be looking for alternate funding sources in a dire attempt to resurrect his debt-ridden FTX crypto exchange. A few loyal members may still b...
Ether Capital Corporation Maintains the Highest Standards of Protection for its Assets
TORONTO–(BUSINESS WIRE)–$ETHC–Ether Capital Corporation (“Ether Capital” or the “Company”) (NEO: ETHC) would like to reassure its investors on the Company’s handling of its assets and financial streng...
Sino Global Capital Regrets Investing In FTX Exchange After Losing A Major Sum
The crypto industry is witnessing another crisis with the distress of one of the top crypto exchanges in the space, FTX. More firms with exposure and collaborations with the exchange have started expe...
Coinbase, Binance Will Fill Power Vacuum Left by FTX Collapse, Predicts Skybridge Capital CEO Anthony Scaramucci
Skybridge Capital CEO Anthony Scaramucci says he expects other crypto exchange leaders will step up to fill the void left by the collapse of FTX. In a new interview at the Bloomberg New Economy Forum ...
Shima Capital backs PlayEmber’s $2.3 million raise
Web3 gaming monetization platform PlayEmber has raised $2.3 million in a pre-seed round led by Shima Capital. Investors in the round also include Big Brain Holdings, Hyperithm, Warburg Serres, Lyrik V...
Orbeon Protocol (ORBN) Reinvents Crowdfunding and Venture Capital, Ripple (XRP) lawsuit dragging on, Stellar (XLM) improving
Traditionally, venture capital has always been seen as a preserve of high-net-worth individuals. This was due the minimum investments and perceived expertise needed to participate in early stage fundi...
Sino Global Capital breaks silence over FTX exposure
China-based crypto venture firm Sino Global Capital has broken its silence about the extent of its exposure to FTX. The company said its direct exposure to FTX, the exchange, “was confined...
Bitcoin Mining Firm TeraWulf Raised $17M of Capital in Q3, But Cash Reserves Remain Low
In the same quarter, TeraWulf significantly increased its hashrate, or computing power, and energy capacity that could be used for deploying mining machines. About 50 megawatts (MW) of power were brou...
If You Invested $10k In Annaly Capital Management 5 Years Ago, Here’s How Much You Would Be Making In Dividends Today
Income investors are always on the lookout for stocks that will produce high-yielding dividends, but many of these stocks do not perform well over the long term. Ironically, one of the most popular mo...
Three Arrows Capital Breaks Silence, Says That FTX and Alameda Hunted Their Positions During LUNA Collapse
The founders of the now-defunct crypto hedge fund Three Arrows Capital (3AC) are speaking out after months of silence in the wake of the firm’s bankruptcy. 3AC founders Kyle Davies and Zhu Su have bot...
Improving Capital Efficiency of Staking
November 14, 2022, 12:57PM EST • 7 min read Quick Take Liquid staking and superfluid staking are some of the typical methods to improve the capital efficiency of staking. Cross-staking enables the sam...
Chamath Palihapitiya Predicts $700,000,000,000 in Venture Capital Destruction, Says FTX Crash Just Tip of Iceberg
Billionaire Chamath Palihapatiya is painting a bleak macroeconomic picture despite signs that inflation is starting to cool down. In a new episode of the All-In Podcast, Palihapitiya doubles down on h...
Skybridge Capital CEO Anthony Scaramucci Urges Sam Bankman-Fried To Tell Truth About FTX Debacle
The chief executive of Skybridge Capital is urging FTX founder Sam Bankman-Fried to be more transparent about the exchange platform’s recent collapse. In a new interview on CNBC Squawk Box, Anthony Sc...
Crypto Fund Galois Capital Has Half of Its Capital Trapped on FTX
Crypto hedge fund Galois Capital told CoinDesk in a Telegram message on Saturday that around half of its funds are stuck on FTX, the beleaguered crypto exchange which filed for chapter 11 bankruptcy p...
Galois Capital Lost 50% of Its Holdings in FTX; What Is Special About This Story?
Vladislav Sopov Half a year ago Kevin Zhou of Galois Capital masterfully predicted LUNA/UST collapse; Now he lost over $100 million in FTX Contents Fund that predicted Terra drama loses $100 million i...
Galois Capital Declares Half of its Funds is Stuck with FTX
Galois Capital, a crypto hedge fund that deals in over-the-counter trading has announced that almost half of its capital is trapped in FTX. According to a Reuters news report, Kevin Zhou a Co-founder ...
Pantera Capital reflects on FTX situation and importance of DeFi in latest Blockchain Letter update
Pantera Capital CEO, Dan Morehead, posted a tweet late last night addressing the fallout of the ongoing FTX situation and how it highlights the importance of what Pantera is building. FTX underscores ...