CoinFund, a New-York based crypto investment firm, announced on Wednesday that it has launched a $300 million venture capital fund to back early-stage blockchain projects. The venture fund, which is c...
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Canadian Pension Fund Writes Off $150M Celsius Loss, Believes They Entered Crypto “Too Soon”
A major Canadian pension fund manager has written off a $150M investment in crypto lending platform Celsius Network as a total loss, expecting an impending shutter of the once high-flying CeFi platfor...
Canadian Pension Fund CDPQ Writes off Investment in Celsius
Canadian pension fund giant Caisse de dépôt et placement du Québec (CDPQ) has written off its investment in struggling cryptocurrency lending firm Celsius, acknowledging that the company entered the b...
CoinFund launches $300M early-stage Web3 venture fund
Blockchain venture firm CoinFund has launched a new investment fund devoted to Web3 and other crypto-focused startups, opening the door to fresh funding opportunities for entrepreneurs during the bear...
Canadian Pension Fund Achnoledges Investemnt Loss for $200m CAD on Celsius Network
Charles Emond, the Chief Executive Officer of Canadian pension fund Caisse de dépôt et placement du Québec (CDPQ), has indicated that the company’s investment in Celsius Network is now considere...
Celsius Network Results In $150M Loss For Fund Giant
Celsius Network, the crypto lending firm founded by Alex Mashinsky, reported almost $2 billion in losses to New York courts. The company filed for bankruptcy protection in the United States after halt...
Shima Capital Launches Crypto Fund as Web3’s ‘Missing Layer’
The capital haul is the latest sizable endeavor to opportunistically emerge through crypto’s lingering bear market Shima Capital’s limited partners include billionaire investor Bill Ackman and Andrew ...
Crypto Investment Firm CoinFund Launches $300M Web3 Fund
The CoinFund Ventures I fund will invest in companies showing commercial traction that also belong to a crypto sector with a large total addressable market, said David Pakman, CoinFund managing partne...
Crypto investments fund founder says Polygon is ‘highly insecure & centralized’
Cyber Capital founder Justin Bons described Polygon (MATIC) as “highly insecure & centralized,” claiming only five people are needed to compromise over $2 billion in the ecosystem. 1/25) Polygon i...
Paulson’s fund sells off Exxon Mobil, SPDR Gold ETF stakes
Hedge fund Paulson & Co. has sold off of its Exxon Mobil Corp. XOM, -1.79% holdings, according to a filing late Monday. The fund, led by John Paulson, who famously bet against the housing market b...
Signatories to Tornado Cash community fund evacuate position
In a new development surrounding the crisis of the Tornado Cash, the signatories of the projects’ multi-signature community fund have vacated their position. This comes as a subsequent development to ...
Tornado Cash Community Fund Signatories Relinquish their Positions
The sanctions on the cryptocurrency mixing protocol, Tornado Cash, by the US Treasury Department are causing more internal wranglings for the platform than projected. In the latest update, the signato...
The World’s Largest Hedge Fund Sold 5 Chinese Stocks. Here’s Why.
Text size Bridgewater Associates no longer owned stock in Alibaba Group Holding as of June 30, according to a regulatory filing. Alibaba’s headquarters in Hangzhou, China, is pictured above. STR...
Michael Burry’s Hedge Fund Added One Stock And Dumped All the Rest
(Bloomberg) — Michael Burry’s Scion Asset Management jettisoned 11 US equities in the second quarter and ended the period with just one. Most Read from Bloomberg The hedge fund exited positions ...
‘Demand Shock’ Coming for Bitcoin (BTC) As Institutions Eye Up BTC, Says Hedge Fund Boss Anthony Scaramucci
Former White House communications director Anthony Scaramucci believes that Bitcoin (BTC) has solid fundamentals that will drive demand in the future. In a new interview with CNBC’s Fast Money Halftim...
Low Fee Hedge Fund ETF Gives Investors A Bear-Market Refuge With 22% Return This Year
The strong dollar has helped Dynamic Beta’s managed futures ETF outperform this year. Getty With both stocks and bonds falling sharply this year, investors becoming discouraged by a standard 60/...
Crypto-focused venture firm Dragonfly acquires hedge fund: Bloomberg
Cryptocurrency venture firm Dragonfly has acquired a digital asset-focused investment fund for an undisclosed amount — a move that managing partner Haseeb Qureshi said mirrors the broad consolidation ...
Tornado Cash community fund multisignature wallet disbands amid sanctions
Following the United States sanctioning USD Coin (USDC) and Ethereum addresses associated with the crypto mixer Tornado Cash, the signatories of the projects’ multisignature community fund havedisband...
Pension funds remain interested in crypto despite crash: WSJ
Despite losses from the bear market, pension funds across North America remain bullish on crypto, according to Wall Street Journal. That interest is reflected in asset management firm VanEck, WSJ re...
Backed by the Multi-Million-Dollar Charity Fund, CoinEx Charity Empowers Education Through Charitable Donations
Charity is about dedication, contribution, and gratitude. It not only reflects the pursuit of a noble cause but also brings people joys of selfless dedication. In 2022, CoinEx Charity set up the Multi...
These money and investing tips can protect you if the bears take a swipe at this stock market rally
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 These small-cap stocks will le...
LongHash Ventures Rolls Out Web3 Investment Fund Platform Worth $100M
In a new development, LongHash Ventures will launch a $100 million investment fund for the decentralized Web3. With more innovative products, projects, and applications, the crypto space is growing in...
MEXC activated the “Investor Protection Fund” in response to the Dragoma (DMA) incident, and launched the “potion” airdrop compensation benefits
MEXC Exchange A few days ago, the Polygon Network ecosystem project Dragoma (DMA) experienced abnormal price fluctuations after its listing on MEXC, as it fell sharply from 0.85USDT. MEXC immediately ...
Hedge Fund Billionaire Stephen Cohen Is Building a Crypto-only Asset Manager
Stephen Cohen, the hedge fund billionaire, is building an investment firm whose main focus will be cryptocurrencies, revealed sources familiar with the matter. The sources further disclosed that the ...
LongHash moves to raise $100 million investment fund
LongHash, a popular web3 firm, has unveiled its second funding round. This development was confirmed by the firm’s CEO, Emma Cui. LongHash intends to raise $100 million in the round. Cui revealed th...
MakerDAO Founder Proposes USDC Fund Transfer to ETH
2 hours ago | 2 mins read Altcoin News Circle’s USDC stablecoin is used to collateralize the vast majority of MakerDAO’s DAI. The DeFi protocol has a total locked value of approximately $11 billion. M...
What’s the best way to invest in tech stocks right now? This strategy is working well for one fund manager.
Technology stocks have been rallying for weeks. But there are plenty of arguments that we’re in the midst of a bear-market rally and that more volatility lies ahead, especially for the rapidly growing...