Abu Dhabi-based Venom Foundation creates $1B Web3 and blockchain fund.

Venom Foundation, which operates as a blockchain platform and is based in Abu Dhabi, and Iceberg Capital, which operates as an investment management firm and is based in New York, recently made the an...

Venom Foundation Announces Landmark $1 Billion Web3 Fund

Layer-1 blockchain Venom Foundation has joined forces with investment manager Iceberg Capital, with the pair announcing a $1 billion venture fund to support promising web3 companies solving real-world...

Bitget Launches Fund Custody Service with Dedicated Wallet to Elevate Safety

[PRESS RELEASE – Please Read Disclaimer] Users with total assets over 100,000 USDT may apply for a separate custodial wallet Victoria, Seychelles 11 Jan 2023 – Leading crypto exchange Bitget launches ...

Bitget launches the Fund Custody service

PRESS RELEASE Leading crypto exchange Bitget launches the Fund Custody service for professional investors and institutions. The service will provide dedicated wallets to qualified accounts to maximize...

Venom Foundation in Partnership With Iceberg Capital Launches $1 Billion Venom Ventures Fund

– Advertisement – Abu Dhabi, Abu Dhabi, 11th January, 2023, Chainwire Venom Foundation, the first Layer-1 blockchain licensed and regulated by the Abu Dhabi Global Market (ADGM), and Icebe...

Crypto market fund outflows drop to $9.7M as negative sentiment falls

Europe’s largest digital asset investment group Coinshares believes there is only “minor negative sentiment” within the crypto markets now following a grueling 2022 bear market. As Bitcoin threatens t...

UAE-based Venom Foundation launches $1 billion fund for Web3 and blockchain

Venom Foundation, a blockchain layer-1 solution, and Iceberg Capital, an Abu Dhabi Global Market (ADGM) investment management business, have joined forces to create a fund in which they would invest $...

UAE investor groups launch billion-dollar web3 fund

Abu-Dhabi based Venom Foundation and Iceberg Capital are partnering to invest $1 billion in a host of web3 applications. The “blockchain-agnostic” Venom Ventures Fund aims to invest in “innovative pro...

World Wrestling Entertainment climbs after tweets that Saudi fund will buy it

Shares of World Wrestling Entertainment WWE, -0.95% climbed 6% in premarket trade after two wrestling news reporters tweeted that Saudi Arabia’s public investment fund is buying the company, whi...

Bitget Launches Fund Custody Service With Dedicated Wallet to Elevate Safety – Press release Bitcoin News

press release PRESS RELEASE. Victoria, Seychelles 11 Jan 2023 – Leading crypto exchange Bitget launches the Fund Custody service for professional investors and institutions. The service will provide d...

Capella Space raises $60 million from billionaire Thomas Tull’s fund

A satellite image taken at night on Nov. 14, 2022 of NASA’s Artemis I mission before launch from Cape Canaveral in Florida. Capella Space San Francisco-based satellite imagery specialist Capella...

‘Our kids say our small house is embarrassing’: My husband and I earn $160K, have $1 million in retirement savings, cook at home and drive an old Honda. Are we missing out? 

I’m a pretty fortunate person who lives a pretty fortunate life, and our annual household income at $160,000 is high compared to the rest of the world. However, we are still pretty frugal — we cook at...

US Prosecutors Probe Binance Hedge Fund Connections

Though the cryptocurrency market took a shift to the new year, CZ’s empire has been continually tested. Following Reuters, the Washington Post was the next top publication to set its sights on Binance...

Blackrock includes Bitcoin in its $15tr Global Allocation Fund

The American multinational investment management company BlackRock has allegedly incorporated Bitcoin (BTC) into its Global Allocation Fund, which is the world’s biggest digital currency by market cap...

Pantera Fund adds nearly $50m worth of bitcoin to its portfolio

The Pantera Bitcoin Feeder Fund has demonstrated its optimism in the crypto sphere by raising $46 million through a private placement in the Cayman Islands. The funds will feed into the Pantera Bitcoi...

Saba Capital Fund Holds Bitcoin – Trustnodes

Saba Capital, an investment advisor and hedge fund with $10 billion in assets under management, has added bitcoin to their Saba Capital Income & Opportunities Fund. The fund in question aims to pr...

Pantera Fund Bought Nearly $50 Million Bitcoin – Trustnodes

The Pantera Bitcoin Feeder Fund, a private placement vehicle in the Cayman Islands that feeds into the bitcoin tracking Pantera Bitcoin Fund, raised $46 million according to a filing. They now have $6...

Circle invests 30% of its USDC reserves in US treasuries through a reserve fund

According to a disclosure page published by BlackRock, Circle has invested 30% of its USD reserves in the US Treasury via Circle Reserve Fund, which is managed by BlackRock. The value of the fund inve...

AVAX Slips 2% As Grayscale Dumps Avalanche From Large Cap Fund

The Avalanche network’s AVAX token was down around 2% Friday morning after the Grayscale Digital Large Cap Fund dumped its holdings. Grayscale disclosed the portfolio rebalancing in a Securities and E...

AVAX Value Drops By 2% Following Grayscale Removal of Avalanche From Large Cap Fund

In its latest quarterly update, Grayscale announced the rebalancing of funds for the fourth quarter of 2022. As part of the rebalancing, Grayscale sold off a certain amount of its Digital Large Cap Fu...

Animoca Slashes Target For Metaverse Fund to $1 Billion: ‘It Could Be Less’

Animoca Brands will aim to raise $1 billion for its metaverse investing fund in the early part of this year, softening previous ambitions to raise as much as $2 billion. “We had initially looked at a ...

Animoca Co-Founder’s Plan for its Web3 and Metaverse Fund Investment

Animoca Brands (Animoca Brands Corporation Ltd) is a Hong Kong-based game software company and venture capital firm. It was founded in 2014 by Yat Siu, and has revenue approximately US $573 Million fo...

Animoca Brands Decreases $2B Metaverse Fund Raising Goal to $1B

Siu earlier said that the target range for Animoca Capital’s fundraising was $1B–2B. The real fundraising process will begin in the first quarter of 2023 as per Siu. Animoca Brands has scaled down its...

Dogecoin Backer Launches New 5,000,000 DOGE Development Fund To Support Ecosystem

The Dogecoin (DOGE) Foundation is ratcheting up efforts to support the growth and development of the meme token ecosystem. The foundation says that it is setting up a new Dogecoin Core development fun...

MEXC launches $20M ecosystem fund to support Sei Network

According to a blog post published on Jan. 4, Singapore-based cryptocurrency exchange MEXC will allocate $20 million to support developments on Sei Network. A layer 1 blockchain designed for trading, ...

Former FTX lawyer tipped off US prosecutors on SBF fund abuse: Reuters

Collapsed crypto exchange FTX’s former top lawyer, Daniel Friedberg, shared his knowledge of founder Sam Bankman-Fried’s use of customer funds with U.S. prosecutors. Friedberg joined a mee...

Animoca halves fundraising target for web3 fund to $1 billion: Bloomberg

Animoca Brands has cut in half the amount it hopes to corral for a new web3 and metaverse investment fund. Yat Siu, the Hong Kong-based company’s chair, said in a Twitter Spaces interview that i...

A Billion-Dollar Hedge Fund Is Betting Against USDT, Bitcoin And Grayscale

Join Our Telegram channel to stay up to date on breaking news coverage Grayscale’s parent business Digital Currency Group, the Bitcoin Trust (GBTC), and other stakeholders are continuing to put pressu...

BlackRock Adds Bitcoin to Their Global Allocation Fund – Trustnodes

One of the world’s biggest asset manager has added bitcoin to one of the most preferred fund for ordinary and passive investors. The Blackrock Global Allocation Fund invests globally in equity, debt a...

New Hedge Fund Soars 163% Betting Everything Is Going Down

(Bloomberg) — A veteran trader’s well-timed bet on the end of easy money has achieved triple-digit returns in his new hedge fund’s first full year. Most Read from Bloomberg After running Eagle’s...

MEXC launches a $20 million fund to support key Sei projects

MEXC has announced the launch of a $20 million ecosystem fund to support the Sei Network adoption. MEXC is a reputed crypto trading platform, featuring in the top 3 crypto platforms in Asia and 10 acr...

Bullish on Ethereum [ETH]? This venture fund founder might agree with you

ETH could herald profits in 2023, according to the founder of Union Ventures Fund. Traders remained optimistic, and validators on the network grew. Fred Wilson, the co-founder of Union Ventures Fund, ...