Major venture capital firms are doubling down on fintech, with the industry dominating the portfolios of firms like Sequoia Capital and a16z. Both firms invested significant amounts into the space in ...
Tag: Capital
Crypto Capital Inflows Are Positive For The First Time in 9 Months
Money is returning to crypto markets faster than it is leaving as capital flows turn green again for the first time in nine months. According to blockchain analytics provider Glassnode, 30-day capital...
Phoenix Community Capital Has Vanished Leaving Some Investors In Oblivion
Join Our Telegram channel to stay up to date on breaking news coverage Crypto firm Phoenix, which has links to parliamentary groups, has vanished in thin air, leaving investors concerned about their h...
Liquidators to Sell ‘Certain’ NFTs From Bankrupt Three Arrows Capital
NFTs belonging to failed crypto hedge fund Three Arrows Capital (3AC) are to go up for sale, but will not include a prized selection of its portfolio, the fund’s liquidator has said. “The Joint Liquid...
Sellas Life Sciences raises $20 million from public offering of stock, warrants
Sellas Life Sciences Group Inc. SLS, -53.25% said Friday that it raised $20.0 million, through the public sale of common shares and warrants to buy stock. Shares of the biopharmaceutical company, whic...
Bitcoin Stuck in Bearish Elliott Wave Pattern Despite 47% Rally, QCP Capital Says
“A potential double top is forming against the August 2022 correction high, and May 2022 reaction is low at 25,300,” QCP Capital’s market insights team said in an update published We...
Biden taps former Mastercard executive Banga to lead World Bank
The White House announced Thursday that President Joe Biden has decided to nominate Ajay Banga, a former CEO of MasterCard, to lead the World Bank In a statement, Biden said that Banga will be able to...
Capital Flowing Back Into Crypto at $4.5B Per Month, Largely into Bitcoin and Ethereum
The recent surge in inflows follows an extended period of persistent outflows since the Terra blowout of last May. The global cryptocurrency market has started witnessing massive inflows at $4.5 billi...
Bed Bath & Beyond stock falls again, has plunged more than 70% during a 12-day stretch in which it has declined 11 times
Shares of Bed Bath & Beyond Inc. BBBY, -7.12% took a 6.8% beating Thursday, which put them on track for a third-straight loss and a seven-week closing low. The stock has shed 16.6% over the past t...
Three Arrows Capital NFT are up for sale
Liquidators will reportedly sell some NFTs from the bankrupt Three Arrows Capital. Three Arrows Capital’s now defunct high-end cryptocurrency fund Starry Night NFT will not be included in this round o...
Sequoia Capital, ‘Inspector Gadget’ creator hit by FTX class-action lawsuit
Sequoia Capital, the creator of “Inspector Gadget,” Signature Bank and others linked to defunct crypto exchange FTX were slapped with a class action lawsuit this week, which alleges the defendants kne...
Web3 game Worldwide Webb raises $10 million from Pantera Capital
Crypto investment firm Pantera Capital invested $10 million in Worldwide Webb, a web3 massively multiplayer online role-playing game (MMORPG), for its Series A round. Previously bootstrapped, t...
Luxor partners with Southeast Asia mining firm, seeks to attract capital
Bitcoin mining firm Luxor wants to expand its presence in Southeast Asia by partnering with local mining service provider Cryptodrilling. The company will be integrating Luxor’s software, ...
China’s Capital Quietly Backs up Hong Kong’s Crypto Hub Ambitions
Join Our Telegram channel to stay up to date on breaking news coverage According to reports, the Chinese government subtly supports Hong Kong’s vision of becoming a cryptocurrency powerhouse. The supp...
Orbeon Protocol offers a new age for crypto and venture capital
Still, in its seventh presale stage, Orbeon Protocol (ORBN) has seen tremendous success. The Orbeon Protocol (ORBN) utility token, ORBN, has seen its price soar by 1675% from the initial price of $0.0...
Polyhedra Network raises $10m with support from Binance Labs, Polychain Capital
Polyhedra Network, a web3 infrastructure solutions provider leveraging zero-knowledge proof (ZKP) technology, announced that it has raised $10 million in a strategic funding round co-led by Binance La...
Norfolk Southern’s stock extends selloff, and one analyst turns bullish
Shares of Norfolk Southern Corp. have fallen enough — when compared with those of other railroad operators and the broader stock market — to create a “compelling entry point” for investors, according ...
Blockchain Capital back indexer Superchain’s $4 million raise
Blockchain indexing startup Superchain has closed a $4 million seed round to build the Open Index protocol, which quickly collects and customizes blockchain data for use by developers. The round...
BlockTower Capital quietly parts ways with top execs: sources
Published 1 hour and 10 minutes earlier on BlockTower Capital, a leading crypto investment firm, has parted ways with a pair of veteran executives. General partner Michael Bucella left the Miami...
Galois Capital Shuts Shop After FTX Contagion
Crypto hedge fund Galois Capital has been forced to shut down after it was revealed that half of its assets were trapped on the FTX crypto exchange. $100M Stuck In FTX The FTX catastrophe has claimed...
Crypto Fund Galois Capital Closes Firm Following the Collapse of FTX
Join Our Telegram channel to stay up to date on breaking news coverage Galois Capital, a San Francisco-based crypto investment firm, has announced that it is closing down. The firm confirmed the news ...
‘a much healthier capital base’
HSBC Holdings plc (NYSE: HSBC), on Tuesday, said its profit more than doubled in its fourth financial quarter. Shares are up more than 5.0% this morning. Notable figures in HSBC Q4 earnings report Net...
Bain Capital Crypto backs gaming firm creating on-chain diplomats
Players are free to build any tooling, infrastructure or application they wish, such as custom asset marketplaces, lending primitives, guilds and more. This will involve developing the backend with us...
Galois Capital shuts shop due to the FTX collapse
Galois Capital, which happens to be a crypto hedge fund, has been compelled to finally shut shop, following the incurring of a substantial amount of loss due to the FTX collapse. The money that happen...
EU Wants to Fast-Track Banking Crypto Capital Regulations
The EU is working hard to push through tough capital rules for banks that hold crypto assets. The global Basel Committee of banking regulators from the world’s leading financial centers has set a Janu...
Crypto Hedge Fund Galois Capital Is Latest Victim of FTX Collapse
As per reports, Galois Capital has nearly $100 million worth of funds stuck with the crypto exchange FTX. The contagion of FTX’s collapse last year in November 2022 continues to spread across the cryp...
Galois Capital to Shutter Flagship Crypto Fund Citing ‘FTX Disaster’
Galois Capital announced it will shut down after losing a substantial portion of its capital following the collapse of Sam Bankman-Fried’s FTX, according to a Financial Times report citing co-founder ...
Crypto Hedge Fund Galois Capital Shuts Down — ‘We Lost Almost Half Our Assets to FTX Disaster’ – Featured Bitcoin News
Crypto hedge fund Galois Capital is shutting down after losing about half of its assets to the FTX disaster. “Given the severity of the FTX situation, we do not think it is tenable to continue operati...
Crypto Hedge Fund Galois Capital Shutters Flagship Fund, CEO Confirms
Crypto hedge fund Galois Capital has confirmed that it’s closing doors on it’s flagship fund after continued emerging reports surrounding the fund’s exposure to FTX. Galois joins the ranks of BlockFi,...
Hedge fund Galois Capital shuts down after FTX collapse
Galois Capital, a hedge fund that was one of the companies that lost money when FTX went bankrupt, has decided not to continue operating after seeing fifty percent of its holdings get stuck in the fai...
Opinion: No ‘soft landing’ is in the cards from Fed rate hikes. Look for recession and a buying opportunity once stock prices decline.
Is the bear market of 2022 over? Are we already in the early innings of the next great bull market? The S&P 500 SPX, -0.16% finished 2022 with a 19% decline (its biggest pullback since 2008). Mean...