3AC was considered the most important fund in crypto, while Archegos was just one of many in TradFi. However, there are a few parallels between the firms worth noting. First, the numbers are shockingl...
Tag: Capital
Ethereum and Solana Disrupt Venture Capital With Coinbase-Backed DAODAO
Los Angeles, CA, 12th October, 2022, Chainwire Takeaways: Are you looking for fast-news, hot-tips and market analysis? Sign-up for the Invezz newsletter, today. DeSo, a new blockchain that has raised ...
BTC May Hit $250K, Morgan Creek Capital Founder Predicts
Many believe Bitcoin will bounce back to break the $60,000 price mark. But Mark Yusko seems to have a bigger picture of the token’s future price. Mark Yusko is the CEO, founder, and chief investment o...
Crypto Companies Need Backing Capital Like Banks – Global Regulator
The global coordinator for financial regulation has put forward a proposal for cryptocurrency regulation, which it hopes countries will enact before the end of the crypto winter. The Financial Stabili...
Binance and Sequoia Capital Pledge Millions In Funding For Elon Musk’s Takeover Deal
Tesla and SpaceX chief executive Elon Musk had managed to raise $7.14 billion out of the $44 million bid for Twitter from investors like Sequoia Capital, crypto exchange Binance, and Andreessen Horowi...
Portuguese Proposal Would Enact Taxes on Crypto Transfers, Capital Gains
While the country already taxed capital gains on cryptocurrency holdings derived from professional or business activities, individual citizens were exempt. The new budget draft, however, calls for a l...
China’s once-popular crypto exchange Huobi Global bought by About Capital
Huobi Global, once China’s top crypto exchange, has been retooling itself since exiting from the home market following Beijing’s crypto ban. Now the company is nearing a takeover by an inv...
About Capital Now Controls Majority Shares In Huobi Global – crypto.news
In a blog post, Huobi Global, a Chinese giant exchange, revealed that the largest shareholder in the company has sold its entire shares to About Capital’s buyout vehicle. This means that About Capital...
Bank Earnings Season Starts Next Week: Remember To Breathe!
Big bank earnings could cause significant market volatility next week. Photo by Spencer Platt. Getty Images Four of the United States’ largest globally systemically important banks (GSIBs) are reporti...
Web3 Protocol Golden Raises $40M Led by A16z Venture Capital
2 seconds ago | 2 mins read Bitcoin News According to Golden’s CEO and creator, existing data mining techniques are flawed. Golden presents a mechanism to penalize the entry of fraudulent data. With t...
Huobi To Be Acquired by Hong Kong-Based VC Firm About Capital
Huobi Global announced on Friday that it has agreed to be bought by Hong Kong-based investment company About Capital Management’s M&A fund. Leon Li Lin, the Chinese founder of Seychelles-bas...
Huobi will be acquired by Hong Kong-based About Capital Management
Huobi will sell a majority stake to Hong Kong-based investment company About Capital Management, Huobi announced in a blog post. As the change in ownership occurs, there will be no impact on the excha...
Crypto Exchange Huobi Global Will Sell Its Entire Stake To About Capital
Huobi Global, which has been China’s top crypto exchange, has mentioned that its founder is now planning to sell his controlling stake to buyout firm About Capital Management (HK) Co. Huobi has been a...
Bitcoin miner Iris Energy considering mergers and acquisitions after fresh capital raise
Bitcoin miner Iris Energy considering possible mergers and acquisitions opportunities as the firm plots its growth plans. Those also include other options such as “ongoing organic expansion,R...
Huobi Global controlling shareholder to sell entire stake to About Capital
As a majority stakeholder, About Capital intends to fuel Huobi’s international brand promotion and business expansion among other initiatives. Crypto exchange Huobi Global announced that About Capital...
Strong Labor Data Suppresses Bitcoin And Polkadot Price Action While Oryen Network Capital Influx Remains Unaffected
The Labor Data The statistics for US jobs were posted, which is a mixed bag. In July of this year, half a million positions were created, signaling that growth is still strong. September jobs growth c...
Huobi Global sells out to About Capital – Here are the details
Huobi Global, formerly the leading crypto exchange in China, has announced that an investment strategy firm has acquired it. Huobi Global announced on October 7 that the sale of their entire sharehold...
Bond markets facing historic losses grow anxious of Fed that ‘isn’t blinking yet’
The Federal Reserve has been showing no signs of letting up on aggressive rate hikes, even as its policies fuel carnage for the ages across the roughly $53 trillion U.S. bond market. As a result, borr...
Hong Kong-Based About Capital Acquires Huobi
Asian crypto exchange Huobi has announced that its controlling shareholder has completed the transaction, selling its entire stake to About Capital. Although financial terms around the deal have not ...
Huobi Global Acquired by About Capital Management
Formerly China’s leading crypto exchange, Huobi Global, has announced that it has been taken over by an investment strategy company. On Oct. 7, Huobi Global announced that its controlling shareholders...
Three Arrows Capital Liquidation: Teneo Appropriates Starry Night NFT Collections
Starry Night Capital NFT collection now officially belongs to Teneo The Collection will be transferred to a Gnosis safe address Teneo, the firm responsible for liquidating Three Arrows (3AC) has appro...
Once A Street Coffee Vendor With Three Carts, Nitro Beverage Is Now Making Waves In Retail With New Capital Injection
Cofounders of Nitro Beverage Co. from left to right: Kareem Elhamasy, Paolo D’Amico, Mike D’Amico, … [+] and Ali Mohamed. Nitro Beverage Co. Nitro Beverage Co. is having a restless y...
Liquidators Move Over 300 NFTs From Bankrupt Crypto Hedge Fund Three Arrows Capital to New Wallet: Report
The court-appointed liquidator of Three Arrows Capital (3AC) is reportedly moving over 300 Starry Night Capital non-fungible tokens (NFTs) from 3AC wallets. Starry Night Capital was launched by 3AC CE...
Tuttle Capital files Inverse ETFs to trade against Jim Cramer’s recommendations
Advisory firm Tuttle Capital has filed two exchange-traded funds (ETF), which it created to trade against investment recommendations made by Jim Cramer, who hosts the popular CNBC show “Mad Money.” Ji...
The Investor’s Guide to TrueFi Capital Markets
DeFi has long struggled to find yields that aren’t correlated with crypto, and as a result, even the most robust overcollateralized protocols feel liquidity tighten in market downturns The experts at ...
The Most Expensive Three Arrows Capital NFTs to be Liquidated
3AC’s Starry Night Capital fund spent over $35 million on NFTs in 2021 Analytics firm Nansen pegs the current portfolio value of the collectibles at some $860,000 Starry Night Capital, the investment ...
NFT Collection Held by Three Arrows Capital To Be Auctioned
3 hours ago | 2 mins read Bitcoin News The liquidator overseeing bankruptcy proceedings has possession of the collection. The majority of the assets were moved to the new wallet in the last 2 days. Th...
Here are all the Three Arrows Capital NFT collection details on the verge of liquidation
With the crash of Terra Luna, many Capitals in the crypto market are affected badly. Among them, the Three Arrows Capital (3AC) is on the top of the list. It is on the verge of bankruptcy due to its u...
Three Arrows Capital fund moves over 300 NFTs to a new address
Starry Night Capital, a nonfungible token (NFT)-focused fund launched by the co-founders of the now-bankrupt hedge fund Three Arrows Capital (3AC), has moved over 300 NFTs out of its address, accordin...
Over 300 NFTs moved out of 3AC’s Starry Night Capital wallet
More than 300 NFTs, including some worth millions of dollars in crypto, were moved out of an address associated with Starry Night Capital. The NFT collections represented in the move include Rare Pep...