A seasoned crypto hedge fund with $4.5 billion worth of assets under its management is asserting the superiority of decentralized finance (DeFi) ecosystems. In a new letter penned by CEO Dan Morehead ...
Tag: Fund
HRF Bitcoin Development Fund grants $325K to Bitcoin developers
The Human Rights Foundation’s Bitcoin (BTC) Development Fund announced that it spent $325,000 in total to support 12 different developers. Developers known as Gleb Naumenko and Furszy were granted $50...
Tesla Competitor Lucid Raises $1.5 Billion, Majority From Saudi Sovereign Wealth Fund
(Photo by MediaNews Group/Bay Area News via Getty Images) MediaNews Group via Getty Images Key Takeaways Lucid Group has raised an additional $1.5 billion to support ongoing operations, with $915 mill...
Alleged Fund Freeze by Changelly, Wyre Hints at Ledger’s Liquidity
While the crypto sector is still recovering from the FTX collapse, crypto influencer 0xSea.eth hinted at a liquidity crisis in a Twitter thread. 0xSea.eth took to Twitter to claim that Changelly has f...
Australia’s $130 Billion Wealth Fund Bets Inflation to Persist
(Bloomberg) — Australia’s sovereign wealth fund is positioning for inflationary pressures to persist around the world, betting that gold and other commodities will offset crimped returns across ...
Crypto Miner Core Scientific Sees Stock Surge 200% on Creditor Offer to Fund Insolvency
Core Scientific experienced a four-day stock surge after one of its creditors offered to pull it out of its financial mess. Core Scientific (NASDAQ: CORZ) recently experienced a 200% stock surge over ...
Hedge Fund Manager Netting 29% Gain Sees S&P 500 Going Nowhere
(Bloomberg) — Hedge fund manager Bill Harnisch, who has scored a 29% return this year, credits most of the success to a prescient call on inflation 15 months ago. If his take on consumer prices ...
Oryen Network dApp Development May Bring Investment From Binance Start-Up Fund
Oryen Network has been making waves in the industry with its innovative approach to dApp development. With the support of Binance’s Start-Up Fund, Oryen could become even more of a powerhouse in the s...
Stocks are closing out a dismal 2022 as the Fed fights inflation. Here’s what history says comes next.
Stock-market investors have plenty of reasons to feel gloomy heading into 2023: Inflation is still high, the housing market is sputtering and the Federal Reserve just raised interest rates by another ...
BinaryX Sets Up Cyber Incubation Fund Worth 220,000 BNX
Advertisement     The Web3 gaming fraternity will receive a boost to help them advance their projects. This follows a recent communiqué from BinaryX regarding the laun...
‘Old money has all but fled,’ Huobi co-founder discusses challenges of running $400M VC fund
In a new Twitter post dated Dec. 12, Du Jun, co-founder of cryptocurrency exchange Huobi Global, shared new insight on his experience of running ABCDE Capital, a $400 million Web 3.0 venture capital (...
BinaryX Introduces Cyber Incubation Fund to Support Blockchain Games
Singapore, Singapore, 12th December, 2022, Chainwire BinaryX launches a new 220,000 BNX Cyber Incubation Fund, aimed at driving the growth and adoption of Web3 games. The fund, supported by the proje...
Oil Traders Pump a Record $500 Million Into One Fund as Prices Plunge
(Bloomberg) — One oil exchange traded fund pulled in a giant amount of cash last week as some investors piled into the market during its worst rout in months. Most Read from Bloomberg WisdomTree...
Here’s Why Fund Managers Are Turning Bullish On Chinese Stocks For 2023
China relaxed some of its COVID-19 restrictions last week, following a public backlash to the country’s rigorous “zero-COVID” policy. As COVID rules are easing, fund managers are now...
Grayscale’s DeFi Fund Began Trading on OTC Markets
On Dec. 9 Grayscale announced that shares of Grayscale Decentralized Finance (DeFi) Fund have begun trading on OTC Markets under the symbol $DEFG. Grayscale’s DeFi Fund- $DEFG According to Grayscale D...
Asian VC fund Sora Ventures relocates to ‘crypto friendly’ Taiwan
Asian VC firm Sora Ventures has announced it is moving its business to Taipei in Taiwan in favor of “a very crypto-friendly environment.” Sora Ventures was previously based in Hong Kong and other area...
Crypto Hedge Fund Fired its Co-Founder over this Allegation
BKCoin’s co-founder Kevin Kang misappropriated investor funds thus the crypto hedge fund fired him. The firm has deleted its official twitter account. BKCoin Capital, a cryptocurrency hedge fund, fire...
Dow on verge of a ‘golden cross,’ even as BlackRock predicts historic recession
Despite worries about inflation and an impending recession, there is at least one sign that some bullish market technical analysts might latch onto. An upbeat golden cross appears to be forming in the...
Grayscale opens DeFi Fund to public investors
Investment management firm Grayscale has opened its decentralized exchange (DeFi) Fund (under the ticker DEFG) for public trading via the over-the-counter (OTC) market. Grayscale first launched the De...
Grayscale, Under Pressure as GBTC Discount Widens, Says DeFi Fund Now Trading
The trading debut for the new fund, under the symbol “DEFG,” comes as Grayscale’s largest fund, the Grayscale Bitcoin Trust (GBTC), is under distress, with its shares trading a record 47% discount to ...
Norway’s $1.3 Trillion Wealth Fund Encourages Traders to Bet Against the Market
(Bloomberg) — Nicolai Tangen, the chief of Norway’s $1.3 trillion sovereign wealth fund, wants his traders to bet against the market. Most Read from Bloomberg The world’s biggest single owner of...
Canada’s largest pension fund cancels crypto research efforts
Canada’s largest pension fund, Canadian Pension Plan Investment (CPPI), has ended all its crypto research efforts without providing a convincing reason for its decision. However, it claims to have mad...
Grayscale is Being Sued by Hedge Fund, but Why?
The recent updates related to Grayscale Investments seems the firm is not in a good situation. As per the Bloomberg report, Fir Tree Capital Management, hedge fund, sued Grayscale Investments. The rea...
Canada’s Largest Pension Fund Gets Cold Feet on Crypto
The biggest pension fund in Canada has given up on its crypto research. The move comes during a deepening crypto winter and a year of contagions and collapses. On Dec. 7, it was reported that Canada’s...
Canada’s Biggest Pension fund CPPI dropped crypto investment plan amid unstable markets
Canadian pension fund CPP Investments which manages $388 billion for roughly 20 million Canadians, has given up its crypto investment plan after a year-long study of crypto investment opportunities, a...
Gate.io Launches Recovery Fund – Is It for Industry or Credibility?
Cryptocurrency exchange Gate.io announced the launch of an industry recovery fund following similar efforts by other exchanges. Gate.io said its $100 million liquidity support fund would be available ...
Canada’s Largest Pension Fund No Longer Mulling Crypto Investment: Reuters
Though declining to comment on the specific reasons, Reuters said CPPI pointed to comments made earlier this year by CEO John Graham: “You want to really think about what the underlying intrinsic valu...
These money and investing tips can fill your portfolio with holiday cheer
Don’t miss these top money and investing features: Sign up here to get MarketWatch’s best mutual funds and ETF stories emailed to you weekly! INVESTING NEWS & TRENDS Be on guard against Wall Stree...