GoFundMe campaigns have been raising piles of cash for older Walmart workers who want to retire — but the heartwarming stories about sudden windfalls mask a dark reality about economic security and gr...
Tag: Fund
Shipping Platform Freightos Goes Public in SPAC Deal
Online freight booking platform Freightos Ltd. started trading shares publicly on Thursday through a merger with a special-purpose acquisition company, just as the booming shipping demand that helped ...
Beto O’Rourke sets up $100,000 fund from $1M SBF donation for FTX victims
U.S. politician Beto O’Rourke who received a $1 million donation from collapsed FTX’s founder Sam Bankman-Fried has reportedly set aside a $100,000 fund for victims of the FTX collapse. Former FTX CEO...
Cosmos-powered Injective unveils $150m ecosystem fund
Injective Labs has announced the successful launch of its $150 million ecosystem fund with support from Pantera Capital, Kucoin Ventures and others. The new ecosystem fund aims to foster the adoption ...
Injective launches $150M ecosystem fund to boost DeFi, Cosmos adoption
Injective, a layer-1 blockchain protocol founded in 2018, has launched a $150 million ecosystem fund to support developers building on the Cosmos network. The so-called ecosystem group is backed by a ...
Sam Bankman-Fried gave $400m to tiny crypto fund
Media reports indicate that Sam Bankman-Fried (SBF) sent $400 million to Modulo Capital, a little-known crypto hedge fund run by a former Jane Street trader with close ties to the disgraced former FTX...
Injective launches $150M fund backed by Pantera, Jump Crypto
Finance-focused blockchain Injective has launched a $150 million ecosystem fund to accelerate interoperable infrastructure and decentralized finance (DeFi) adoption, according to a Jan. 25 press relea...
Pantera, Kraken, and Others Join Consortium for Injective Labs’ $150M Fund
The digital asset markets have been shaky in the past year, but the blockchain sector continues to scale as demand intensifies from both crypto-native as well as traditional institutions eyeing to lev...
Layer 1 blockchain Injective launches $150 million ecosystem fund: TechCrunch
Injective, the layer 1 blockchain, launched a $150 million ecosystem fund to support interoperable infra and DeFi adoption, TechCrunch reported, citing platform CEO and co-founder Eric Chen. ...
Ethereum Name Service mulls initiating endowment fund with $17 million
DeFi treasury manager Karpatkey has asked the Ethereum Name Service (ENS) DAO to consider activating the DAO’s endowment fund with 10,766 ether ($17 million), according to a recent governance proposal...
Bitcoin dictates crypto fund flow as on-chain data suggest BTC’s worst may be…
The king coin beat other cryptocurrencies per digital asset investments in the past week. Despite hitting $23,000 on-chain data suggested that there could be a further BTC uptick. Following a week ful...
Largest Crypto Hedge Fund in the World Says DeFi Will Drive the Next Crypto Bull Market
Crypto hedge fund giant Pantera Capital says that one sector of the digital asset space will be the life force of the next bull market cycle. In Pantera’s latest newsletter, chief investment officer (...
Bitcoin Shorts Dominate Weekly US Crypto Fund Inflows: CoinShares
Though inflows into crypto products reached $37.3 million last week, more than two-thirds of that amount (68%) was into short investment products, digital asset investment firm CoinShares said in a ne...
Rishi Sunak’s old hedge fund boss, who paid himself $1.9 million a day last year, wants Alphabet to lay off more staff and slash pay
Britain’s highest-earning investor has called on Alphabet CEO Sundar Pichai to cut thousands more jobs than the tech giant announced it would eliminate last week. On Friday, Pichai announced the “diff...
Citadel’s $16 Billion Gain In 2022 Makes Ken Griffin’s Firm The Top-Earning Hedge Fund Ever
Ken Griffin’s hedge fund has outpaced all of his peers, helping his fortune double to an estimated $32 billion in the last two years. Aaron Kotowski/The Forbes Collection Ken Griffin is the new ...
This Investment Fund, Once $3.5 Billion, Was Designed To Combat Inflation. How Could It Be Losing The Battle?
Nancy Davis’ hedge against rising prices, celebrated when it launched in 2019, has yet to hit the jackpot due to freakish circumstances in the debt market. Written by Brandon Kochkodin, Forbes Staff F...
Binance Charity Set To Fund Over 30,000 Web3 Education Scholarships In 2023
Binance Charity – the philanthropic branch of the Binance Exchange – has announced its plan to provide over 30,000 Web3 education scholarships as part of its Binance Scholar Program. According to an ...
Ethereum (ETH) Rival Launches New Ecosystem Fund Amid Bullish Price Action in Crypto Markets
Fantom (FTM) has just launched a new on-chain ecosystem fund designed to provide capital for supporters looking to build on the Ethereum (ETH) rival’s blockchain. The layer-1 blockchain project is now...
Delta Airlines CEO Calls On Congress To Fund Air Traffic Control Updates To A 30-Year-Old System
AFP via Getty Images Key takeaways: Thousands of flights were grounded in early January due to an outage of the NOTAM system. While the NOTAM system delivers safety information to pilots and aircrews,...
SSV.Network Launches $50 Million Ecosystem Fund to Support Ethereum PoS Decentralization
Tel-Aviv, Israel, 20th January, 2023, Chainwire ssv.network DAO is launching a $50 Million Ecosystem Fund dedicated to supporting the development of Distributed Validator Technology (“DVT”) based appl...
Castle Island, a16z partners back Escape Velocity’s $25 million fund
Mahesh Ramakrishnan and Salvador Gala, two 27-year-old Goldman Sachs alumni, have raised $25 million for their crypto-focused venture firm’s first fund. Known as Escape Velocity, the Bost...
Fidelity Fund Bought Shares in a Crypto SPAC – Trustnodes
The Fidelity Concord Street Trust, which kind of invests in everything with $11 billion in assets under management, has invested in a number of crypto related entities, though not in bitcoin or eth di...
Bitget Leads Drive for Crypto Exchange Security With $300M Protection Fund
Regulators have been sharpening their pencils after the spectacular fall from grace of the FTX crypto exchange. Its alleged misuse of client assets left up to a million users out of pocket and the aft...
Validator Infrastructure Developer Launches New Fund to Support Ethereum Proof-of
ssv.network, a provider of validator infrastructure, has announced the introduction of a new ecosystem fund to assist Ethereum proof-of-stake decentralisation. The business said that this step will fo...
SSV Network DAO Launches $50 Million Ecosystem Fund
Open source and decentralized protocol ssv.network DAO has launched a $50 million Ecosystem Fund dedicated to supporting the development of Distributed Validator Technology (“DVT”) based applications....
Peter Thiel’s Fund Cashed Out $1B Worth Crypto After Holding for 8 Years: FT
Peter Thiel has been a long-time Bitcoin backer. But his fund closing almost all its crypto positions shortly before the market went downhill did not sit well with many. According to Fortune’s latest ...
3AC Founders to Start New Exchange GTX: Seeks Fund Raising
3AC Co-Founders, in partnership with CoinFlex, announced the GTX exchange. GTX is supposed to help reclaim assets stuck in failed crypto exchanges. They are seeking $25 million and are expected to l...
Opinion: 6 cheap stocks that famed value-fund manager Bill Nygren says can help you beat the market
These are tricky times in the stock market, so it pays to look to the best stock-fund managers for guidance on how to behave now. Veteran value investor Bill Nygren belongs in this camp, because the O...