Saudi investment minister Khalid al-Falih (right) speaks to the US senior advisor for energy … [+] security Amos Hochstein during an investment event in Jeddah, Saudi Arabia on July 16, 2022. (P...
Tag: Capital
Lido DAO approves treasury token sale to Dragonfly Capital after terms tweaked
The Lido DAO voted to support a sale of treasury tokens to the venture capital firm Dragonfly Capital after the deal’s terms were tweaked following last month’s rejection of the plan. A p...
Lido Votes to Sell 1% of Treasury to Dragonfly Capital
Key Takeaways The Lido community has voted to sell 10 million LDO ($25 million) from the project’s treasury to Dragonfly Capital. Dragonfly itself has reportedly committed to the sale and is ...
Binance announces Yi He as head of venture capital arm
Crypto exchange, Binance, has announced the appointment of its cofounder, Yi HE, as the new head of its venture capital (VC) arm and incubator, Binance Labs. The exchange made this known through a blo...
Venture Capital ‘Hashed’ Lost Over $3 Billion Following Terra Crash
2 hours ago | 2 mins read Altcoin News The firm bought 30 million LUNA in Terra early on and ended up losing. At its peak, the 30 million tokens bought by Hashed were valued around $3.6 billion. Hashe...
Mark Yusko, CEO of Morgan Capital, predicted Bitcoin’s Next Bull Run in 2024
Prices of Bitcoin Slumped below $18,000 starting in June 2022 due to the global financial crisis. The highest price of Bitcoin in the last seven days was $24,572. Chief Executive Off...
Dubai: the new capital of the Web3
The recent launch of Dubai’s Metaverse strategy by His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, puts the city at the center of Web3 development. Dubai promotes...
CoinBlock Capital Combines Traditional Crypto Financing with Web3 latest revolutionary products.
With many of the oldest Blockchain enterprises on the market sticking to tried and tested Web3 architectures, CoinBlock reaches out to brilliant projects that have yet to reach their full potential to...
Don’t Expect 2021-style Crypto Returns Anytime Soon, Says Dexterity Capital
Trading volumes for the quant trading firm have dwindled since Terra’s crash But Safai said cryptoasset price declines in itself didn’t have a negative effect on the firm Dexterity Capital’s Michael S...
TPS Capital exec departs as trading firm distances itself from Three Arrows
Stefan Chu, who ran the over-the-counter (OTC) desk at TPS Capital, has left the company as the trading firm distances itself from bankrupt crypto fund Three Arrows Capital. Chu left TPS in late July,...
Crypto Hardware Wallet Maker Ledger Seeks $100 Million Capital Raise – Bitcoin News
The French cryptocurrency hardware wallet manufacturer Ledger is seeking to raise fresh new capital after raising $380 million in June 2021, according to sources familiar with the matter. The hardware...
Capital Efficiency and Passive Liquidity for On-Chain Perps
August 1, 2022, 11:29AM EDT • 6 min read Quick take Liquidity for purely on-chain perpetual futures remains generally low. Composability of fully on-chain protocols offers competitive advantages, bu...
Pantera Capital CEO Believes Crypto Industry is Hitting Its Rock-Bottom
According to Morehead, whose company handles assets worth around $5.1 billion, the rock-bottom in the crypto market happened in May and June when the system’s pressures were at their worst The B...
Dragonfly Capital leads $3.5 million seed round for Debt DAO
Crypto-focused investment firm Dragonfly Capital led a $3.5 million seed round for crypto credit protocol Debt DAO, according to a press released shared with The Block. Debt DAO provides revenue-based...
Dragonfly Capital Completes $3.5M Seed Round Funding For Debt DAO
Dragonfly Capital completed a $3.5 million seed round for crypto credit protocol Debt DAO, according to a press release. The crypto-focused investment firm was joined by GSR, Numeus and Fasanara Capit...
Nansen Unmasks The Identity and Blockchain Data of a Three Arrow Capital (3AC) Victim
– Advertisement – More details have continued to be unveiled in the aftermath of the Three Arrow Capital (3AC) collapse. According to a report published by blockchain analytic firm Nansen...
Venture Capital Firm Variant to Establish $450m Venture Fund III
Venture capital firm Variant has announced the launch of a $450 million Venture Fund III to help startups focused on Defi and Web3 infrastructure. In this funding round, the company said Venture Fund ...
Spartan Capital leads $13 million round into Sweatcoin developer
Sweat Economy, the team behind health app Sweatcoin, closed a $13 million round led by Spartan Capital. According to an announcement this morning, Electric Capital, OKX Blockdream Ventures, Goodwater...
Parallel Capital Is the New Borrower for Clearpool
Clearpool published a blog post to announce that it has a new single borrower pool – Parallel. It will be available soon on the Clearpool Polygon Market. The pool is being launched by Parallel Capital...
Lido Finance Files Another Proposal to Sell Treasury Tokens to Dragonfly Capital – crypto.news
Lido DAO (LDO), the governance forum for the Lido Finance project, will once again vote on another proposal to sell LDO tokens to venture capital firm Dragonfly Capital. This new proposal comes after ...
Unstoppable Domains Raises $65m in Series A Funding Led by Pantera Capital
Unstoppable Domains announced that it raised $65 million in Series A funding led by Pantera Capital. The new funding for the firm that builds digital identity markers as non-fungible tokens (NFTs) now...
Ethereum Classic Receives $10m Capital Boost from AntPool
Layer-1 blockchain protocol, Ethereum Classic has received a new $10 million capital boost for its ecosystem as announced by AntPool, the mining pool offshoot of Bitmain. The capital pledge was made a...
Digital Identity Startup Unstoppable Domains Secures $65 Million in a Series A Led by Pantera Capital – Bitcoin News
On Wednesday, the Web3 digital identity platform Unstoppable Domains announced the company has secured $65 million in financing in a Series A funding round led by Pantera Capital. The latest funding g...
Some Good Inflation News Coming Soon, Cresset Capital
MENLO PARK, CALIFORNIA – MAY 25: Gas prices over $7.00 a gallon are displayed at a Chevron gas … [+] station on May 25, 2022 in Menlo Park, California. As gas prices surge to record highs ...
Venture Capital Firms Have Invested $17.5B in Crypto Startups This Year
Considering the potential that crypto startups have and the significant returns that could be derived from investing in them, venture capitalists have continued to invest billions of dollars into smal...
Atato Announces a $6 Million Series A Raise Led by AlphaLab Capital and FEBE Ventures
July 27, 2022 – Singapore, Singapore Atato, a licensed digital asset custodian offering MPC custodial solution aimed at corporates and institutions, announced the close of their successful Series A ro...
Crypto Fund Three Arrows Capital Forced to Liquidate
In late June, bitcoin briefly sank below the $19,000 mark again for the first time in several weeks following news that Three Arrows Capital – a cryptocurrency hedge fund – was being forced to liquida...
A new Senate bill would bill exempt small crypto from capital gains taxes
A new bill that would exempt small crypto transactions from capital gains taxes has entered the Senate. According to an announcement shared with The Block, Senators Pat Toomey and Kyrsten Sinema have ...
Credit Suisse chairman denies plans to sell or raise capital after mammoth loss
Speculation has emerged in recent months that Credit Suisse may be considering a capital raise. Thi My Lien Nguyen | Bloomberg | Getty Images Credit Suisse Chairman Axel Lehmann denied any intention t...