Norfolk Southern, worth $53B, creates $1M fund for train-derailment victims

Norfolk Southern Corp. is facing criticism about the amount of financial support it has given East Palestine, Ohio, in the wake of the train derailment that spewed toxic chemicals and forced residents...

Yield Guild Games raising $75 million venture fund to double down on web3 gaming

Yield Guild Games (YGG), a top web3 gaming guild, is entering the venture capital space, raising $75 million for its first fund. “The fund’s mandate is to invest in early-stage token...

Ripple Unveils Third Wave Winners of Its $250M Creator Fund

Prominent blockchain company Ripple has announced the third wave of recipients of its $250 million Creator Fund. According to an announcement yesterday, winners of the latest wave of Ripple’s Creator ...

Unification To Create More Utility for Shiba Inu: FUND Liquid Staking Derivatives

Users will be able to earn staking and liquidity pool farming rewards. Ringoishi Tōitsu, the operator of the FUND validator for Unification, in a Twitter thread yesterday, shared plans of the blockcha...

Abu Dhabi’s Hub71 Launches $2 Billion Initiative to Fund Web3 Startups

Join Our Telegram channel to stay up to date on breaking news coverage Abu Dhabi’s technology ecosystem, Hub71, has launched a new initiative, Hub71+ Digital Assets, to support the region’s Web3 and b...

BitQuery will benefit from $100m Cronos ecosystem fund

BitQuery, a provider of blockchain data APIs; BlockSec, a smart contract audit firm; and RockX, a platform for users, including developers, can build and build seamlessly, are among the recipient of a...

Coinbase CEO Busy Selling Stock to Fund His Other Startups

Coinbase CEO Brian Armstrong is well on his way to fulfilling a pledge to sell company stock to fund his new ventures. Last October, Armstrong promised to sell 2% of his total Coinbase stake over the ...

Abu Dhabi prepares $2b fund for Web3 startups

The United Arab Emirates (UAE) has been known for its neutral stance on cryptocurrencies — neither prohibiting nor licensing the asset class. Recently, the capital of the UAE, Abu Dhabi, announced mas...

Mysten Labs CEO Evan Cheng is seeking to raise over $100 million for a web3 fund

Mysten Labs CEO and co-founder Evan Cheng is raising money for a venture capital fund focused on web3 investments, according to four people familiar with the matter. Cheng is in the early stages...

MSTR surged 22.61%,George Soros increased his stake by Soros Fund

MicroStrategy stock price shot up 10.05% on an intraday session and formed a bullish continuation pattern NASDAQ: MSTR stock price sustained above 200 day EMA and prepares for the golden crossover Mic...

Superplastic, Amazon Sign ‘Janky & Guggimon’ Deal For Show, Fund Raise

February 15 7 am (Image courtesy of Superplastic) Vermont-based Superplastic – the digital studio behind “synthetic celebrities” Janky and Guggimon – has signed a multi-part deal with AmazonAMZN that ...

Vanguard to Liquidate a Mutual Fund for First Time Since 2020

(Bloomberg) — Asset manager Vanguard Group plans to shutter a US mutual fund for the first time since the throes of the pandemic. Most Read from Bloomberg The $98 million Vanguard Alternative St...

George Soros Snapped Up Tesla, Peloton, Crypto Stocks. What He Dumped.

Tesla and Peloton were on George Soros’s shopping list in the fourth quarter of last year, as he also took new positions in Carvana General Motors and crypto names, while dumping Zoom and Twitter  Sor...

$4,100,000,000 Crypto Fund Says Bear Market Over, New Bull Run on Regardless of Interest Rates

Pantera Capital’s Dan Morehead and two investment associates think the crypto winter is over and has been over for months. In a recent newsletter, Pantera argues the most recent crypto bear market end...

George Soros Snapped Up Tesla, Peloton, Crypto Stocks. Dumped Zoom and Twitter.

Tesla and Peloton were on George Soros’s shopping list in the fourth quarter of last year, as he also took new positions in Carvana General Motors and crypto names, while dumping Zoom and Twitter  Sor...

George Soros loads up on Tesla and these other beaten-down stocks

Even as shares of Tesla Inc. sank last year, billionaire investor George Soros appeared to find something to like in the electric-vehicle maker — and some other beaten-down names — as the year came to...

The hunt for stocks with rising dividends: These fund managers have a strategy to keep your payouts growing

The broad stock-market rally so far in 2023 might make it easy to forget what a rough ride investors faced last year. It was a time when some active strategies focused on dividends, good cash-flow tre...

IMF Warns El Salvador Against Using Tokenized Securities to Fund Bitcoin Purchases ⋆ ZyCrypto

Advertisement &nbsp &nbsp The International Monetary Fund (IMF) has cautioned El Salvador against using tokenized bonds to fund Bitcoin purchases and urged it to reconsider it...

Masayoshi Son’s SoftBank Vision Fund Posts $5.5 Billion Quarterly Loss, Pulls Back On Startup Investments

SoftBank Group Corp Chairman and CEO Masayoshi Son. Alessandro Di Ciommo/NurPhoto via Getty Images Japanese billionaire Masayoshi Son’s SoftBank Group reported earnings for the December quarter this w...

This 7.3% Yielding Fund Runs Defense On Your Portfolio

A DSLR of american football players in their football uniforms at the line of scrimmage of a … [+] football game. the photo is a close up of the football players with their football helmets, foo...

ChatGPT Has Sparked an AI Craze. How to Build a Long-Term AI Portfolio.

Artificial intelligence has sparked new competition in internet search—for the first time in decades. Here’s how to build an AI portfolio. Feb. 10, 2023 6:06 pm ET It has been more than 70 years...

Shiba Inu Tokens Actively Bought by This Fund Amid 7% Drop in SHIB Price

Gamza Khanzadaev While Shiba Inu (SHIB) price goes down, this fund is actively buying more The price of the Shiba Inu token has fallen by more than 7% in the past two days, after rising by more than 2...

Stock Rally Is a Bear-Market Trap, Top-Ranked Fund Managers Say

(Bloomberg) — Despite enduring a brutal start to the year for their portfolios thanks to a surprise market rally, two top-ranked fund managers are sticking to the bearish views that made them wi...

This nearly 150-year-old fund hasn’t cut its dividend since 1938. Here are the stocks it likes, and four it doesn’t.

Markets are stuck, as evidenced by Thursday’s session in which early gains were met with closing losses. There really wasn’t a rhyme or reason to it, with Tuesday’s CPI report likely the North Pole to...

Vanguard’s One-of-a-Kind Fund Design Is About to Get Some Competition

(Bloomberg) — The one-of-a-kind fund structure that helped turn Vanguard Group into the second-largest ETF manager in the world may be about to get a lot less unique. Most Read from Bloomberg A ...

Disney Plans to Reinstate Its Dividend and Cut 7,000 Jobs. Nelson Peltz Declares Victory.

Walt Disney stock jumped after the entertainment company topped earnings expectations, while also announcing it was planning to cut jobs and reinstate its its dividend. Disney (ticker: DIS) reported n...

One fund may be behind 40% increase in ETH prices

On-chain data suggests that a mysterious crypto fund might be the primary driver of the recent boom in bitcoin, ethereum, and other digital assets. ETH’s recent surge influenced by a mysterious fund A...

Tron Launches $100M AI Development Fund

Smart contract blockchain Tron is leaning into the artificial intelligence revolution with the launch of a new $100 million AI development fund. The aim of the fund is to encourage developers to creat...

Crypto Hedge Fund Veteran Mark Yusko Slams Dog Coins, Warns Dogecoin and Shiba Inu Should Go to Zero

Morgan Creek Capital CIO Mark Yusko is blasting dog-themed meme tokens Dogecoin (DOGE) and Shiba Inu (SHIB), asserting they have no value. In a new interview with Blockworks, the crypto veteran says t...

Fund Manager Gets 13 Months for $100 Million Ponzi-Scheme Theft in New York

(Bloomberg) — The co-founder of an investment advisory firm based in New York was sentenced Wednesday to 13 months behind bars for stealing more than $100 million from clients in a Ponzi-like sc...

TRON DAO launches artificial intelligence (AI) development fund

As the interest in artificial intelligence (AI) is witnessing revival, both in the mainstream as well as in the cryptocurrency sector, the decentralized autonomous organization behind the TRON (TRX) e...

TRON DAO Establishes Artificial Intelligence Development Fund

Geneva, Switzerland, 8th February, 2023, Chainwire TRON DAO is encouraging the blending of artificial intelligence technology with blockchain technology, announcing last week the establishment of a $1...