Fasanara Capital, a UK-based asset management firm with over $3.5 billion in AUM, is raising a new $350 million venture fund to back fintech and crypto startups, Bloomberg reported on Wednesday. Fasan...
Tag: Invest
5 Strategies To Preserve Your Capital
getty Key takeaways Market volatility is normal—especially during periods of potential recession, international war and high inflation The best ways to protect your capital include diversifying your h...
Do Kwon Pledges to Rebuild UST (This Time With Collateral Backing)
Following a failed attempt to defend the peg for the TerraUSD (UST) stablecoin, TerraForm Labs CEO Do Kwon has finally admitted that it is now embarking on a plan to “rebuild UST.” Recall that a sleut...
U.S. Treasury Secretary Janet Yellen Calls for Stablecoin Regulation Amid UST Drama
Janet Yellen, the secretary of the United States Treasury, said on Tuesday that there is a need for stablecoin legislation, while noting that TerraUST (UST) is risky. Secretary Yellen Speaks On Stable...
Citi, Wells Fargo, BNY Mellon Invest $105 in Crypto Infrastructure Firm Talos
Talos’s valuation has reached $1.25 billion after the latest $105 million Series B funding round led by global growth equity firm General Atlantic. Other Investors include Stripes, BNY Mellon, Citi, W...
Cathie Wood’s Ark Invest makes first-ever bet on General Motors after criticizing automaker
Famed stock picker Cathie Wood has had a sudden change of heart on General Motors (GM). Wood’s Ark Investment Management snapped up 158,187 shares of the Detroit-based car manufacturer on beha...
Blockchain Startup Flow Launches $725M Ecosystem Funds
Flow, the Web3 blockchain company powering NBA Top Shot NFT maker Dapper Labs, revealed Tuesday that it has raised $725 million in funding for its ecosystem expansion. The funding saw participation f...
Down Bad! Institutional Bitcoin Holdings Drop by $12B Amid Bloodbath
Following a recent announcement of rate hikes by the US Fed and the ongoing bloodbath in the crypto market, the total amount of bitcoin held by large corporations has dropped by $12 billion. Instituti...
Primex Launches Alpha Version of Decentralized Prime Brokerage Protocol on Testnet
Primex Finance, a DeFi platform connecting passive allocators with traders, is launching its first Alpha version on the upcoming testnet. The Alpha offers the vast majority of the features intended fo...
Trusted Coins to Invest in This Year – Solana (SOL), Dash (DASH), and Logarithmic Finance (LOG)
Place/Date: – May 10th, 2022 at 2:15 pm UTC · 4 min read Source: Logarithmic Finance Ever since cryptocurrency became a multi-billion dollar industry, it has set trends in the financial market. ...
5 Popular NFT Cryptocurrency to Invest in Now May 2022
The NFT market is booming, with prices of the most popular NFTs surpassing millions of dollars. As a result of this boom, the digital tokens used to transact NFTs are increasing in value. For astute i...
El Salvador Acquires 500 Bitcoins ($15.5M) Amid Market Sell-Off
The Central American nation of El Salvador has bought the dip yet again, adding another 500 bitcoins ($15.5M) to its portfolio amid the recent massive market sell-off. Buying the Dip El Salvador’s pre...
BTC Must Drop to $3562 Before We Get Margin Call
MicroStrategy CEO Michael Saylor has confirmed that the company is under no immediate pressure to liquidate its Bitcoin (BTC) holdings despite prevailing market conditions. In fact, the price of bitco...
Instagram to Start Rolling Out NFTs
Adam Mosseri, head of Instagram, disclosed via Twitter that the social platform will start testing NFTs with selected creators and collectors from the United States before spreading to other users gr...
Luna Foundation Guard Empties $2.2B Bitcoin Wallet to Save UST
The Luna Foundation Guard (LFG), a non-profit organization aimed at bolstering the Terra blockchain, has recently emptied $2.2 billion worth of bitcoin from its Bitcoin reserve to save the Terra stabl...
Three Big Banks Invest in $105M Funding Round of Crypto Trading Firm Telos
Three major financial institutions – Citi, Wells Fargo and BNY Mellon – are among the new investors of United States-based Telos, a developer of institutional cryptocurrency trading techno...
BTC Becomes Oversold for the First Time in Three Months
Bitcoin has been on a downtrend for more than five days. The latest dip saw the apex coin lose more than 7% in less than 22 hours. The dip which was a result of Luna Foundation selling off $1.5 billio...
Indian GST Council Wants to Treat Crypto Like Casinos and Online Betting, Proposes 28% Tax
The Goods and Service Tax (GST) Council, the body in charge of making laws and regulating goods and services tax in India, is planning on treating cryptocurrencies like casinos and online betting. Cur...
South Korean Crypto Startup Xangle Bags $17 Million in Series B Funding
Xangle, a cryptocurrency disclosure platform built by South Korean crypto company CrossAngle, has raised $17 million from industry investors in a just-concluded Series B funding. Xangle Bags $17 Mill...
SBI Group’s Cross Border e-Commerce Platform to Accept Bitcoin and XRP Payments
Japan-based financial services company SBI Group announced today that its SBI Africa cross-border e-commerce platform, dubbed SBI Motor Japan, will start accepting Bitcoin (BTC) and Ripple (XRP) payme...
Luna Foundation Guard Deploys $1.5B to Defend Troubled UST Peg
The Luna Foundation Guard (LFG), a non-profit organization supporting all things Terra, has recently announced that it will lend $1.5 billion to protect the peg of its algorithmic stablecoin UST amid ...
How Blockchain Gaming Needs to Evolve for Survival
By Şekip Can Gökalp – Core Contributor, Infinite Arcade While blockchain gaming has its haters, who react almost hysterically any time it’s mentioned in conjunction with a major publisher or popular v...
6 financial advisers and pros answer one question: ‘If a client came to you with $1,000 to invest right now, what would you tell them to do with it?’
Imagine this: You’ve got $1,000 to invest, but you don’t know what exactly to do with it. We asked 6 financial advisers what they’d do if a client came to them with $1,000 — here’s what they advise. (...
What is Avalanche? An A-Z Guide to the “Ethereum Killer”
Avalanche is a public blockchain designed to scale throughput at low costs while maintaining speed, security and decentralization. The Avalanche network uses AVAX as a native coin for paying transacti...
Fidelity Will Allow You to Invest in BTC Via Your 401K
Fidelity Investments – one of the largest investment and trading companies out there – has announced that customers can place cryptocurrencies like bitcoin into their 401Ks and retirement funds. Fidel...
BTC Makes an Attempt at $34k. Will it Hold?
According to Cryptocurrenciestowatch few minutes to the time of writing, Bitcoin retraced as low as $34,210. There were major fears of the apex coin testing and flipping the $34k support increased. Op...
NVIDIA Settles Undisclosed Crypto Revenue Charges With SEC, Agrees to Pay $5.5 Million
The United States Securities and Exchange Commission (SEC) announced Friday that it has settled charges against popular cryptocurrency mining chip maker NVIDIA Corporation. NVIDIA Agrees to Pay $5.5 ...
SW DAO Showcasing New UI/UX Improvements in Q1 Report
SW DAO is evolving to improve its user experience. Transparency reporting gives users and the general public access to critical information about how a company operates. Being a provider of DeFi inves...
U.S. Sanctions Crypto Mixer Blender.io for Aiding Axie Infinity’s Hackers
The Office of Foreign Assets Control (OFAC) of the United States Department of the Treasury has added cryptocurrency mixing platform Blender.io to its sanction list, according to a Friday statement. U...
NFT Marketplace Zora Bags $50M From Katie Haun’s Crypto Fund and Others
Non-fungible token (NFT) marketplace Zora announced earlier this week that it has raised $50 million in its latest funding round. Zora Hits $600 Million Valuation The funding, which now brings the com...
Saudi Arabia Reportedly Will Invest In Israel Through Jared Kushner’s Fund
Topline Affinity Partners, a new private-equity fund started by Jared Kushner, plans to invest money from Saudi Arabia’s sovereign wealth fund in Israeli businesses, the Wall Street Journal reported S...