Hong Kong-based Hex Trust raised $88 million in Series B funding led by Animoca Brands and Liberty City Ventures, following which it saw its valuation rise to $300 million. The company announced that ...
Tag: funds
Binance Adds $1 Billion To Its SAFU Funds to Back Users In Case Of Hack
Considering the risk of possible exploit in the network, the giant exchange Binance introduces Security Asset Funds for Users (SAFU) valued at $1 billion. The emergency insurance fund is comprised of ...
Regulatory concerns taking a toll: Bitcoin, Ethereum investment funds record $120 million in outflows
After seven consecutive weeks of inflows, crypto investment products recorded significant outflows last week, according to the latest report by institutional crypto fund manager CoinShares. The report...
Investors Sue Vanguard After Target Date Funds’ Big Tax Bill
Three investors are suing Vanguard Group for alleged negligence and breach of fiduciary duty, saying that changes the company made to target date retirement funds resulted in “massive tax bills” for i...
Ukraine Conflict Raises Investors’ Confidence in Crypto Funds
Global investors have been pouring money into cryptocurrency funds and companies since witnessing how digital assets have been used during the conflict in Ukraine. Venture capital investments in the c...
Huge Venture Capital Money Flows Into Crypto Funds Amid the Russia-Ukraine Crisis, Here’s the Stats
The Russian-Ukraine war has sent jitters across the equity and the crypto market bringing back strong volatility in play. Furthermore, the sanctions have also exposed that how any country can be at th...
More Than 80% of the Funds Locked in Decentralized Finance Are Kept on 5 Chains, 21 Different Defi Protocols – Defi Bitcoin News
In mid-March, the top five blockchains — in terms of total value locked (TVL) in decentralized finance (defi) — currently command more than 82% of the $198 billion TVL in defi across all blockchains. ...
Mexican drug cartels use crypto to move funds
Cryptio worth $25 billion has been moved by Mexican drug cartels Dangerous realms of drug cartels have found their way into crypto Unlawful activities are being funded by bitcoin across countries I...
2 High-Yielding TIPS Bond Mutual Funds
Treasury inflation-protected securities (TIPS) are a very beneficial addition to many investment portfolios because of their diversification benefits and protection when inflation is rising. Treasury ...
Giant Hedge Funds to take on Crypto market: Is it good or bad for investors
Are hedge funds prepared to take on the bitcoin market? While it’s improbable, some people do have a habit of dipping their toes. These toes can be rather large. The Wall Street Journal dives further...
Hedge Funds Are Quietly Investing Billions Of Dollars Towards Bitcoins, Ether, And Other Cryptocurrencies, According To One Latest Study
Hedge fund Brevan Howard launched a new flagship vehicle called BH Digital in January, claiming growing demand. The fund, which manages slightly more than $250 million, also stated that the new unit i...
U.S. Securities and Exchange Commission Rejects Two Bitcoin Spot Exchange-Traded Funds (ETFs)
The U.S. Securities and Exchange Commission (SEC) is denying applications to establish two Bitcoin (BTC) exchange-traded funds (ETFs) based on the spot market. According to documents from the SEC, the...
Hedge Funds Walk Away From LME After $3.9 Billion Trades Torn Up
(Bloomberg) — Fund manager Luke Sadrian has been trading metals for thirty years, at hedge fund titans Brevan Howard and Moore Capital to now running his own shop. For the first time in his care...
BlackRock funds just lost $17 billion due to Russian exposure. That’s just the tip of the iceberg, as Western banks are owed $121 billion by Russian entities
BlackRock funds have taken a $17 billion loss as a result of its Russian exposure since Putin’s invasion of Ukraine began in late February—and it’s not the only Western bank or asset manager set to ta...
The US Labor Department Sounds Stern Warnings Against Including Cryptocurrencies In Retirement Funds ⋆ ZyCrypto
Advertisement     The US Labor Department cautions firms about adding crypto to 401(k) plan options. Concerns surrounding the volatile nature of the asset as well as ...
Mainstream Hedge Funds Silently Pouring Billions of Dollars Into Bitcoin, Ether, Crypto: Report ⋆ ZyCrypto
Advertisement     Despite the ongoing geopolitical tensions sapping retail traders’ appetite for risk, mainstream hedge funds have been loading up in the past four mon...
Wanna know the most held cryptocurrency by Venture Capitalists and Hedge Funds?
Investors and Crypto projects are interdependent, one needs banking, and the other gets profit. If there would be one rule defined for investing, then it would be to earn a profit, in a nutshell. Curr...
BTC Rebounds to $40K as Hedge Funds Pour Billions of Dollars into Crypto: Details
Tomiwabold Olajide Hedge funds pour billions of dollars into cryptocurrency, bringing BTC back to $40,000 According to recent reports, some of the largest hedge funds are increasing their holdings in ...
Opinion: The Fed needs to target a floor for the 10-year Treasury, in addition to radically raising the fed funds rate
Federal Reserve Chairman Jerome Powell faces the toughest task since Chairman Paul Volcker tamed the Great Inflation of the 1970s and early 1980s. And a lot of the pressures driving the most virulent ...
How To Avoid The Worst Style Mutual Funds 1Q22
Time value of money, long term equity fund investment for sustainable growth, financial concept getty Question: Why are there so many mutual funds? Answer: Mutual fund providers tend to make lots of m...
Goldman Sachs offers exposure to ETH funds through Galaxy Digital
Through Galaxy Digital’s Ethereum fund, Goldman Sachs is partnering with clients by granting them exposure to Ether. Galaxy mentioned Goldman as a receiver of introduction fees paid for suggesting cli...
Dash introduces feature to send funds by SMS, no internet needed
Dash (DASH/USD) has introduced Dash Text, a feature that allows users to send Dash by texting. No internet or smartphone is required. You can send, receive and check the available balance of your wall...
Goldman Sachs Will Now Offer Its Clients Ethereum Funds Via Galaxy Digital
Goldman Sachs will be offering its clients access to Ethereum Funds through Galaxy Digital’s Institutional Ethereum Fund. This was reported from the regulatory documents filed with the U.S Securities ...
StarkWare is raising funds at a $6 billion valuation: report
advertisement StarkWare, an Ethereum Layer 2 developer that uses ZK-rollup technology for scaling, is reportedly raising funds at a $6 billion valuation. Israeli newspaper Calcalist reported the news ...
Should You Buy the Grayscale Bitcoin Trust Fund? It’s on Sale—and That Could Be a Trap.
In closed-end funds, anything trading around 70 cents on the dollar might seem too good to pass up. Investors can get that kind of bargain now in the Grayscale Bitcoin Trust . But this may be a case w...
Scared of investing during the Ukraine invasion? Try this IRA maneuver
Moe, Larry and Curly have been watching stock markets plunge in the past two weeks in response to the Ukraine invasion. Each wants to invest, say, $100,000 in European stocks—for example through Vangu...
Enormous Hedge Funds Turn Their Eyes To Crypto. How Will It Affect The Market?
Are hedge funds ready to go all-in on cryptocurrencies? Probably not, but some of them are definitely dipping their toes in. The thing is, those toes are enormous. In the article “Mainstream Hedge Fun...
Hedge Funds Finding Crypto Markets Increasingly Tradable as New Asset Class
Some of the world’s largest hedge funds are increasing their investments in cryptocurrencies, as they find more profitable ways to trade the market. Billionaires hedge fund veterans Alan Howard, of Br...
Boxing Legend Wladimir Klitschko Releases NFT Collection to Raise Funds for Ukraine
The former heavyweight boxing champion – Wladimir Klitschko – launched a non-fungible token collection to aid his war-hit homeland Ukraine. The initiative comes after a partnership with the artist WhI...
Opinion: Top investors dump stocks — why that might mean you should buy
Well, here’s some cheerful news for all of us with a retirement portfolio: The geniuses running the world’s biggest investment funds have panicked and have bailed out of the market. If that’s not a go...