According to a new proposal dated Dec. 1, directed acrylic graph network Fantom seeks to implement an affiliate program for its decentralized application (DApp) developers with network gas fees. To fu...
Tag: Fund
Rishi Sunak’s old hedge fund boss paid himself $1.9 million a day this year
The U.K. is in the throes of a cost-of-living crisis, with real wages declining at a record rate this year—but amid the economic turmoil, one of the country’s wealthiest people cashed in on a record p...
Mutual Fund Holders Face Double Trouble
If you’re a stock-mutual fund holder, you may face a double whammy this year. First, the value of your holding has likely dropped along with the overall market. As shareholders have exited mutual fun...
Cordell Broadus Partners With Tezos Foundation to Launch the Champ Medici Arts Fund $1 Million Initiative to Support Emerging Artists
—Rush Philanthropic Arts Foundation Named First Beneficiary at Miami Art Week– MIAMI BEACH, Fla.–(BUSINESS WIRE)–Crypto and Web3 entrepreneur Cordell Broadus today announced the launch of the Champ Me...
Blackstone’s $69 Billion Real Estate Fund Hits Redemption Limit
(Bloomberg) — Blackstone Inc.’s $69 billion real estate fund for wealthy individuals said it will limit redemption requests, one of the most dramatic signs of a pullback at a top profit driver f...
BlackRock Sees Opportunities in Energy and Healthcare Stocks in 2023
Navigating markets in 2023 demands a new investment playbook, one that favors the healthcare and energy sectors along with short-term government bonds and investment-grade credit, according to BlackRo...
Peter Thiel’s VC fund backs climate-conscious fintech TreeCard
TreeCard offers users a spending and money management platform tied to a debit card made from wood. TreeCard TreeCard, a climate-conscious digital money app, raised $23 million from investors in a new...
Binance’s bailout fund is a welcome backstop for crypto — but questions remain
Last week, the world’s largest crypto exchange Binance formally unveiled a $1 billion “industry recovery fund” to help contain the damage dealt to the industry by the spectacular implosion of FTX. A f...
Crypto fund investment still dominated by the United States: Database
Despite venture capital funding halving in October, there seem to be funds that still remain bullish on this space investing in emerging markets, Web3 and infrastructure. But, most people do not know ...
Should you sell the British pound in 2023? Hedge fund Rokos believes so
The COVID-19 pandemic took some heat away from the British pound, given Brexit. But Brexit is one of the causes of further weakness for the pound, according to Rokos Capital Management, an alternative...
Karpatkey Will be New Fund Manager of ENS
A Decentralized Autonomous Organization or DAO is a type of bottom-up entity structure with no central authority. Smart contracts are implemented for the DAO, and the members of a DAO own tokens of th...
Is the Binance SAFU Fund Safe? Willy Woo Raises Concerns
Following the FTX and Alameda implosion, Willy Woo – a famous Bitcoin on-chain analyst – has raised concerns over the Binance insurance fund. According to Woo, Binance’s use of BNB coin as part of the...
Microsoft overtakes Amazon as most popular hedge fund bet: Goldman Sachs
Wall Street’s fast money has a new favorite bet. Microsoft (MSFT) has replaced Amazon (AMZN) as the most popular top 10 holding among hedge funds, strategists at Goldman Sachs led by Ben Snider ...
Binance SAFU Fund Suspiciously Risky With 44% Held in BNB
The Binance insurance fund for users holds a suspiciously high amount of the exchange’s own token, Binance Coin, according to one analyst. Binance established the Secure Asset Fund for Users (SAFU) in...
Binance Launches Billion-Dollar Crypto Industry Recovery Fund to Restore Confidence After FTX Meltdown – Finance Bitcoin News
Binance has committed $1 billion to a crypto industry recovery initiative to restore confidence following the collapse of crypto exchange FTX. Several other crypto companies have joined Binance’s effo...
Binance Recovery Fund Worth $1B, Crypto Daily TV 25/11/2022
In Todays Headline TV CryptoDaily News: Binance targets $1B recovery fund. Binance is targeting $1 billion or more for a previously announced recovery fund to buy distressed crypto assets, CEO Changpe...
Binance clarifies initial $1 billion recovery fund deposit came from own assets
Crypto exchange Binance clarified that an initial $1 billion deposit to its crypto industry recovery fund came from its own assets after details of the transferring wallet raised questions among some ...
CoinFund’s new $300 million fund aims to capture ‘steep’ early-stage value
Episode 117 of Season 4 of The Scoop was recorded live with The Block’s Frank Chaparro and CoinFund Managing Partner David Pakman. Listen below, and subscribe to The Scoop on Apple, Spotif...
Binance Plans to Raise $1 Billion for a Crypto “Recovery Fund,” and May Purchase FTX Assets
Join Our Telegram channel to stay up to date on breaking news coverage The founder and CEO of Binance stated that the company’s crypto rescue fund will begin with $1 billion to distribute as it assume...
Willy Woo Raises Concerns On “BNB-Backed” Binance SAFU Fund
Popular on-chain analyst Willy Woo raised concerns over Binance’s Secure Asset Fund for Users (SAFU) Insurance Fund. He believes it’s not safe to put “incidence-correlated BNB” in the SAFU fund. Willy...
Justin Sun, Tron DAO line up to contribute to Binance recovery fund: Exclusive
Blockchain operator Tron DAO and Justin Sun, its billionaire founder, have applied to contribute capital to Binance’s industry recovery fund. Binance published details of the fund yesterday afte...