Crypto media outlet CoinDesk may pursue a full or partial sale to fuel future growth, CoinDesk confirmed to The Block. CoinDesk is seeking advisory services from Lazard, a firm specializing in m...
Tag: Capital
HashKey Capital Identified As A Core Crypto Space Investor
Global-focused crypto fund HashKey Capital, is considered one of the most prominent VC firms in crypto circles, per The Block’s Digital Asset Funding Landscape report. The growth of cryptocurren...
Silvergate Capital reports massive net loss in 2022, amounting to…
California-based cryptocurrency bank Silvergate Capital reported a net loss of $1 billion in Q4 2022. Silvergate shares have lost over 70% of their value following the FTX exchange’s meltdown. Califo...
HashKey Capital named as one of the key VC firms in the crypto industry
The landscape of cryptocurrency venture financing is constantly shifting, with different firms in and around the space funding deals in blockchain amid turbulent crypto markets. In this line, HashKey...
Hong Kong Based HashKey Capital Raises $500 Million For Third Crypto Fund
– Advertisement – HashKey Capital has concluded a $500 million funding round for its third crypto fund. The Hong Kong-based firm plans to invest in crypto and blockchain ventures around t...
Hashkey Capital Raises $500 Million for Its Third Fund, Despite Crypto Market Downturn – Bitcoin News
On Tuesday, global asset manager Hashkey, which focuses on crypto and blockchain investments, announced that it has closed its third fund at $500 million. The company’s “HashKey Fintech Investment III...
Digital Asset Funding Landscape presented by HashKey Capital
The Block Research was commissioned by HashKey Capital to produce The Digital Asset Funding Landscape, which provides an in-depth study of investments in crypto since 2017. The digital asset landscap...
HashKey Capital Completes Fund III at $500 Million in Commitments to Develop Web3
HashKey Capital (“HashKey”), a global asset management focusing on cryptocurrencies and blockchain technology, has announced the successful closure of HashKey FinTech Investment Fund III, its third fu...
IQiyi stock pulls back sharply after large ADS offering
Shares of iQiyi Inc. IQ, -16.44% plunged 17.2% in afternoon trading Tuesday, putting them on track for the biggest one-day drop in 10 months, after the China-based streaming-video company took advanta...
Silvergate Capital Announced a $1 Billion Net Loss for Q4, 2022
The cryptocurrency-focused bank – Silvergate Capital – reported a net loss of $1 billion for the last quarter of 2022 due to the turmoil reigning in the digital asset sector. The firm recently laid of...
Crypto Bank Silvergate Capital Posts Staggering $1,000,000,000 Loss Last Quarter Due to Bear Market
A digital asset-friendly bank known for serving crypto firms is announcing tremendous losses from the last quarter of 2022. Silvergate Capital, which became a publicly traded company in 2019, is known...
Hashkey Capital commits $500M to advance crypto, blockchain initiatives
HashKey Capital announced its third fund, HashKey FinTech Investment Fund III, with a total commitment of $500 million, according to a Jan. 17 press release. According to the announcement, Fund III wi...
Carvana stock jumps after ‘poison pill’ adopted, exercisable if an investor acquires at least 4.9% stake
Shares of Carvana Co. CVNA, +5.48% jumped 2.4% in premarket trading Tuesday, after the online used-car retailer said it adopted a shareholder rights plan, in an effort to block investors from buying u...
Crypto investor HashKey Capital closes third fund at $500 million
Crypto investment firm HashKey Capital has closed its third fund by raising $500 million. The fund comes as the industry is reeling under pressure from recent collapses and the bear market. Dubb...
Midas Capital Suffers $660,000 Flash Loan Attack, Bounty Offered
Midas Capital suffered a $660,000 exploit after an attacker used a flash loan exploit on a Jarvis Polygon pool. The team has released a postmortem explaining what happened. DeFi lending and borrowing ...
Founders of bankrupt Three Arrows Capital pitch new platform for crypto debt claims
FTX logo with crypto coins with 100 Dollar bill are displayed for illustration. FTX has filed for bankruptcy in the US, seeking court protection as it looks for a way to return money to users. Jonatha...
Midas capital sees fishy flash loan activity
Blockchain security watch firm Certik Alert has revealed a cynical attack on Midas Capital. The firm added that the exploiter (0x1863…) gained 663,101 MATIC, worth $660,000 at the time of writing. Mi...
Defunct Crypto Hedge Fund Three Arrows Capital Founders Seek $25 Million to Start New Exchange Amid Scrutiny – Bitcoin News
According to reports, the founders of the now-defunct crypto hedge fund Three Arrows Capital (3AC) are seeking to raise $25 million from investors to start a new crypto exchange called GTX. This solic...
SkyBridge Capital CEO Anthony Scaramucci Makes New Crypto Bet With Investment in Trading Software Venture: Report
Hedge fund veteran and crypto bull Anthony Scaramucci is reportedly making investments in a new trading software firm created by the former president of bankrupt crypto exchange FTX.US. According to a...
SkyBridge Capital founder to invest in crypto firm founded by former FTX US president
Anthony Scaramucci, the founder of SkyBridge Capital, told Bloomberg that he is going to invest in a crypto company founded by the former president of FTX US. This new venture was announced only three...
SkyBridge Capital can buy back stake from FTX, says Scaramucci
Former White House communications director and founder of SkyBridge Capital, Anthony Scaramucci expressed the intention of buying back the company’s stake from FTX. Once a leading crypto exchange that...
In Search of Cash, DCG Looks to $500M Venture Capital Portfolio: Report
Digital Currency Group (DCG) is reportedly looking to sell some of its venture capital holdings to raise capital after affiliate Genesis was among those who took a major hit during last year’s market ...
Sequoia Capital Exec Shines Light On Due Diligence On FTX Investment
According to partner Alfred Lin on Thursday, Sequoia Capital has reduced management fees in its two most recent venture funds as it prepares for a slower investing climate. Limited partners contribute...
SkyBridge Capital to Buy Back the Stake it Sold to FTX, Says Scaramucci
The Founder of SkyBridge Capital – Anthony Scaramucci – said his company could buy back the major stake it previously sold to the bankrupt cryptocurrency exchange FTX in the next few months. He also a...
Crypto Capital Founder Predicts Bulls’ Return Based on This One Thing
Crypto Capital Venture founder Dan Gambardello is optimistic about the return of bulls to the crypto market, the reason being that “bears are getting exhausted.” Bitcoin has started 2023 o...
Borderless Capital backs cultural heritage platform Quantum Temple
Web3 platform Quantum Temple raised $2 million to fund its efforts to preserve cultural heritage using blockchain technology and non-fungible tokens (NFTs). The pre-seed round is led by Borderle...
Molecular Group Established its New Investment Company XMG Capital in Singapore
[PRESS RELEASE – Singapore, Singapore, 12th January 2023] Molecular Group, a leading investment firm based in Hong Kong, is pleased to announce the establishment of its new investment company, XMG Cap...
Algonquin Power to cut dividend by 40%, provides downbeat profit outlook
Shares of Algonquin Power & Utilities Corp. AQN, -4.26% AQN, -4.67% turned lower to fall 2.2% in premarket trading Thursday, after the utility company said it was taking “decisive actions” to stre...
Venom Foundation Partners With Iceberg Capital to Launch $1B Venom Ventures Fund
[PRESS RELEASE – Abu Dhabi, Abu Dhabi, 11th January 2023] Venom Foundation, the first Layer-1 blockchain licensed and regulated by the Abu Dhabi Global Market (ADGM), and Iceberg Capital, an ADGM-regu...
PPL plans dividend hike, to boost yield to 3.2%
PPL Corp. PPL, +2.09% said Wednesday that it plans to raised it quarterly dividend by 6.7%, to 24 cents a share. Based on Tuesday’s closing price of the electricity generation and transmission company...
Molecular Group announce the establishment of its new investment company XMG Capital in Singapore
Singapore, Singapore, 12th January, 2023, Chainwire Molecular Group, a leading investment firm based in Hong Kong, is pleased to announce the establishment of its new investment company, XMG Capital. ...