OKX, the world’s second-largest crypto-only exchange by trading volume, said it would support an industry struggling with the collapse of the rival FTX exchange with a $100 million market recove...
Tag: Fund
Details On Industry Recovery Fund Coming This Month
Binance CEO Changpeng “CZ” Zhao on Wednesday said the crypto industry recovery fund grabbing the attention of many influential industry players. Binance CEO on Monday announced plans to launch an indu...
Details On Industry Recovery Fund Next Month
Crypto Live News Author: Delma Wilson Nov 16, 2022 18:26 Delma is a B2B Content Marketer, Consultant, Blogger in the field of Blockchain, and Cryptocurrency. In her spare time, she loves to blog, play...
Crypto Hedge Fund Ikigai Caught in FTX Collapse, Large Majority of Firm’s Total Assets Stuck on Exchange: Founder
The crypto hedge fund Ikigai says most of its assets are stuck on the collapsed FTX digital asset exchange. Ikigai founder and Chief Investment Officer Travis Kling tells his 89,900 Twitter followers ...
N.Korea Generated Over $1B Through Crypto Theft to Fund Nuclear Program
North Korea has generated over $1 billion through crypto heists over the past two years to fund its nuclear program, the Korea Herald reported on Wednesday, citing a statement from Alejandro Mayorkas,...
LBank Labs Establishes Blockchain and Crypto Investment Fund in Africa
Blockchain Crypto Investment Group, LBank Labs, announces the establishment of their new crypto investment fund targeted towards web3 development in Africa. LBank Labs plans to establish a series of r...
Ikigai hedge fund hit hard by FTX collapse – crypto.news
A prominent hedge fund, Ikigai Fund, becomes the latest company to reveal its exposure to Sam Bankman-Fried’srecently dissolved crypto exchange, FTX. Chief Investment Officer Travis Kling disclosed th...
Crypto Hedge Fund Ikigai Loses Access to ‘Large Majority’ of Assets on FTX: Founder
As the FTX contagion spreads, Ikigai Fund founder Travis Kling announced on Twitter that most of its assets are stuck in the bankrupt Bahamas-based exchange. “We had a large majority of the hedg...
Crypto Exchange OKX Announces $100M Market Recovery Fund
9 hours ago | 2 mins read Exchange News Binance CEO “CZ” proposed a similar industry recovery fund on Monday. OKX’s goal is to provide assistance to high-quality projects that are struggling. On Tuesd...
Bitget Raises its Protection Fund to $300M to Reassure Users
Leading global cryptocurrency exchange, Bitget announces that it will increase its Protection Fund to 300 Million USD, in order to provide better protection and further assurance to crypto users. This...
Travis Kling Opens Up About His Hedge Fund Exposure to FTX
Anurag is working as a fundamental writer for The Coin Republic since 2021. He likes to exercise his curious muscles and research deep into a topic. Though he covers various aspects of the crypto indu...
After Binance, OKX Plans To Launch Crypto Market Recovery Fund
Crypto Live News Author: Delma Wilson Nov 15, 2022 18:24 Delma is a B2B Content Marketer, Consultant, Blogger in the field of Blockchain, and Cryptocurrency. In her spare time, she loves to blog, play...
Cathie Wood’s Fund Buys GBTC as Discount Reaches 40%
Ark Invest – the technology-focused investment firm founded by Cathie Wood – has aped into Grayscale’s Bitcoin Trust (GBTC) after the world-leading digital asset fund marked another record-low discoun...
A Mutual Fund Tax Problem And How To Avoid It
This year, in a down market, you could wind up owing tax on putative appreciation. Here’s what to do about that. IRS agents question a mutual fund owner (Photo by Hulton Archive) Getty Images A whipsa...
OKX Announces $100 Million Fund to Support Distressed Projects Following FTX Crash (Report)
The Seychelles-based crypto exchange – OKX – reportedly introduced a $100 million fund to aid companies with liquidity issues. The world’s largest cryptocurrency platform – Binance – launched a simila...
Bitget raises its protection fund to $300M to reassure users in the market turmoil
Leading global cryptocurrency exchange, Bitget announces that it will increase its Protection Fund to 300 Million USD, in order to provide better protection and further assurance to crypto users. This...
Binance CEO Announces ‘Industry Recovery Fund’ Amid FTX Exchange Collapse
In the wake of the collapse of the crypto exchange FTX and its sister company Alameda Research, Binance announced the formation of what it calls an “industry recovery fund” aimed at salvaging crypto p...
Recession Fears Hit New High Even As Inflation Slows—Here’s What Fund Managers Predict For 2023
Topline Despite growing signs the worst of inflation may be over for now, fund managers around the world are increasingly worried a recession is likely over the next 12 months as the likelihood increa...
Bitget Prepares 5 Million USD Builders Fund to Help Users…
PRESS RELEASE. Nov 14th, 2022 – Leading global cryptocurrency exchange Bitget announces that it has set aside a 5 Million USD worth of Builders’ Fund, aiming to help those affiliates, influencers and ...
OKX Follows Binance To Announce Crypto Market Recovery Fund
Crypto exchange OKX on Tuesday announced $100 million in recovery funds to support projects with liquidity issues and to migrate from Solana. Binance CEO “CZ” earlier announced a similar industry reco...
Bitget Raises Its Protection Fund to $300M to Reassure Users After FTX’s Collapse – Press release Bitcoin News
press release PRESS RELEASE. Nov 15th, 2022 – Leading global cryptocurrency exchange, Bitget announces that it will increase its Protection Fund to 300 Million USD, in order to provide better protecti...
This Hedge Fund Loses Majority of Funds Due To FTX Bankruptcy
Travis Kling, the company’s founder and chief investment officer, said that the California-based hedge fund Ikigai Asset Management had a “vast majority” of its assets on the now-defunct cryptocurrenc...
Major Crypto Hedge Fund Underwater Due to FTX Crisis
Alex Dovbnya The California-based hedge fund has been caught off guard by the collapse of the FTX exchange Travis Kling, founder of Ikigai Asset Management, has just taken to Twitter to reveal that th...
Chiliz offers affected FTX users $10,000 each via a 38 million CHZ fund – crypto.news
The pioneer sport-oriented on-chain platform, Chiliz, has allocated about 38 million CHZ to provide up to $10,000 in compensation to each FTX user affected by a recent hack. Chiliz offers lifeline to ...
Former CEO Leon Li offers $14M Loan to Shield the trapped fund in FTX
Leon Li offers a $14 million loan to New Huo Technology to recover losses trapped in the FTX crash. New Huo Tech’s subsidiary company worth $18.1 million of crypto is non-withdrawable to the sudden co...
World’s Biggest Crypto Fund Hits Record 42% Discount to Value of Bitcoin It Holds
(Bloomberg) — Problems are multiplying for the world’s biggest crypto fund as chaos engulfs the industry in the wake of exchange FTX’s shock bankruptcy filing. Most Read from Bloomberg The $11.4...
Hedge Fund Loses Majority of Funds Because of FTX Bankruptcy
As contagion fears around FTX’s collapse continue to spread, one hedge fund manager has already admitted that his business is virtually ruined. Travis Kling – Chief Investment Officer of Ikigai – said...
Ikigai Fund Caught Up in FTX Contagion
Travis Kling, the founder and chief investment officer of Ikigai, revealed that the cryptocurrency asset management firm has been caught up in the FTX collapse. A large majority of the hedge fund’s as...
Bitget’s $ 5 million fund for traders
Crypto-exchange Bitget has established “Builders Fund,” a $5 million fund to help traders and partners of FTX, which collapsed in recent weeks. Bitget announces “Builders Fund” in support of FTX’s bl...
Bitget Prepares 5 Million USD Builders Fund to Help Users Distressed by FTX Collapse – Press release Bitcoin News
press release PRESS RELEASE. Nov 14th, 2022 – Leading global cryptocurrency exchange Bitget announces that it has set aside a 5 Million USD worth of Builders’ Fund, aiming to help those affiliates, in...
Opinion: The new bull market will be led by stocks in these three industries.
We don’t know yet if the recent rally kicks off a new bull market in stocks. But here’s a safe bet: Once the new bull market is here, entirely different groups will lead. It’ll be out with the old — t...