(Bloomberg) — Private equity firms and pension funds will soon face a reckoning as they adjust their private holdings to reflect lower valuations, according to the chief investment officer of BM...
Tag: Investment
Investment Fund Temasek Victim of FTX Bankruptcy
In a formal statement released on Thursday, Temasek International, the public investment fund of Singapore, stated that it was writing down US$275 million it had invested in the defunct cryptocurrency...
$138B investment manager Man Group to launch crypto hedge fund: Report
London-based investment manager Man Group Plc is preparing to launch a cryptocurrency hedge fund, signaling continued investor appetite for digital assets in the wake of FTX’s monumental collapse earl...
Ontario Teachers’ Pension Plan Writes Down $95M FTX Investment
The Ontario Teachers’ Pension Plan has written down its 95 million FTX Investment after the exchange collapsed amid a liquidity crisis. In a statement, the fund revealed ownership of 0.4% in FTX.com a...
Ontario Teachers’ Pension Fund Writes Down Entire Investment in Bankrupt Crypto Exchange FTX Citing ‘Potential Fraud’ – Featured Bitcoin News
Ontario Teachers’ Pension Plan (OTPP), one of the largest pension plans in the world, is writing down its investment in the bankrupt crypto exchange FTX. “Recent reports suggest potential fraud conduc...
Ontario Teachers’ Pension Plan is latest FTX investor to mark venture investment to zero
It’s relatively rare for an institutional investor to make a public statement about a loss on a venture-capital investment, but nothing about FTX International’s $32 billion blow-up and bankruptcy is ...
Canada’s largest pension fund writes off $95M FTX investment
Canada’s largest pension fund Ontario Teachers said it would write off its $95 million in bankrupt crypto exchange FTX, according to a Nov. 17 press statement. According to the pension fund, it made t...
Scaramucci says he did buy FTX token after getting investment from Sam Bankman-Fried
Anthony Scaramucci’s investment fund SkyBridge Capital bought $10 million worth of FTT tokens after receiving an investment from FTX founder Sam Bankman-Fried. The Financial Times reported on Thursday...
Ontario Teachers’ Pension Plan to write down $95 million FTX investment to zero
The Ontario Teachers’ Pension Plan (OTPP), one of the most important pension funds in the world, will write down all of its $95 million investment in FTX and FTX US. The OTPP had invested ...
Cardano Builder Makes “Massive” Investment into University of Edinburgh
Alex Dovbnya University of Edinburgh has received fresh funding from Cardano developer Input Output Input Output, a software development company particularly aimed at supporting the Cardano blockchain...
Singapore’s Temasek Says Its $275 Million FTX Investment Is Now Worth Zero
Temasek, a Singapore-based global investment company possessing a portfolio that is worth $403 billion, is no longer interested in waiting for the outcome of FTX crypto exchange’s Chapter 11 bankruptc...
Singapore Government’s Temasek Writes Down $275M Investment in Collapsed Crypto Exchange FTX – Featured Bitcoin News
Singapore government’s Temasek has written down the full value of its $275 million investment in the bankrupt crypto exchange FTX. “Our belief in the actions, judgment, and leadership of Sam Bankman-F...
Australia’s ASE scraps blockchain project despite $170M investment
The Australian Securities Exchange has announced that it will no longer be going forward with its much-anticipated CHESS replacement project. The project sought to replace the exchange’s 25 year-old ...
Here’s How Much Justin Bieber Is Down on his NFT Investment
The Canadian singer and teen idol – Justin Bieber – made the headlines in January by purchasing an NFT from the BAYC collection for 500 ETH (around $1.3 million at the time). The intensifying bear mar...
Orbeon Protocol (ORBN) Sees Investment Frenzy, The Sandbox (SAND) Users Jump Ship to Fresh Projects
– Advertisement – As the crypto market struggles to break free of the current bear market trend, many projects are suffering from continuous drops in value. SAND, The Sandbox’s native toke...
Market Maker DWF Labs Firms TON Partnership with $10M Investment
Crypto market maker DWF Labs has announced that it will become “a prominent supporter of the TON ecosystem.” The company is also investing $10 million in the Layer-1 blockchain network. T...
Why The Latter Is The Best Investment Right Now!
As we all know, the world of cryptocurrency is constantly changing and evolving. This can make it difficult to keep track of which currencies are worth investing in and which ones are not. In this blo...
Singapore’s Temasek writes off $275 million FTX investment
Crypto news about FTX continue to dominate headlines, with the latest being from Temasek, a Singaporean sovereign wealth fund that says it’s written off its entire investment in bankrupt crypto exchan...
Singapore’s Temasek writes off $275M FTX investment, had misplaced belief in Sam Bankman-Fried
Singapore-owned investment fund Temasek said it was writing off its $275 million investment in the bankrupt crypto exchange FTX, according to a Nov. 17 press statement. According to the fund, it had ...
Singapore’s Temasek Says FTX Investment Now Worth Nothing
As the remains of FTX continue to circle the drain amidst a storm of cryptic tweets from the former CEO, more and more firms have taken the necessary measures to clear the air, announcing their lack o...
Investment Giants With $2.3 Trillion Bet On More Market Turmoil
(Bloomberg) — Tumbling global stock and bond prices this year, together with pain in private equity amid deteriorating deal volume left investors around the world casting their nets far and wide...
Investment Firm Paradigm Still Optimistic About Crypto — Says ‘Issues at FTX Are Precisely Ones Defi Can Solve’ – Featured Bitcoin News
Investment firm Paradigm is still optimistic about crypto’s potential following the collapse of FTX. “The blowup of FTX has caused some to question crypto’s value. But the issues at FTX are precisely ...
Temasek Says Its FTX Investment Is Now Worth Zero
“It is apparent from this investment that perhaps our belief in the actions, judgment and leadership of Sam Bankman-Fried, formed from our interactions with him and views expressed in our discussions ...
Temasek writes down $275 million investment in FTX
Temasek, Singapore’s sovereign wealth fund that manages about $300 billion, has written down all of its $275 million investment in FTX and FTX US. Temasek had invested $210 million for a 1...
The Most Favorable Fact That Explains ‘Why Ford Stock is a Good Investment’?
Ford stock price is making incredible price action in the weekly price chart. The buyers successfully kept the asset price above the red zone of volatility on the weekly chart. On November 15, the NYS...
$4.1B TSMC Investment to Push Berkshire Hathaway Stock Price Near $500K?
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SoftBank (SFTBY) Lost its 100 Mn USD FTX Investment
Japanese investment giant SoftBank recently reported to mark off its overall investment in FTX—zero. On November 11th, the Bahamian crypto exchange filed for bankruptcy under the Chapter 11 Bankruptcy...
Alameda Research Should not Have Boast its Investment as “No Risk”: SBF
Once a crypto billionaire, Sam Bankman-Fried and both his founded companies—crypto exchange FTX and trading firm Alameda Research—are in the midst of an extreme crisis. The bad omen started for ...
LBank Labs Establishes Blockchain and Crypto Investment Fund in Africa
Blockchain Crypto Investment Group, LBank Labs, announces the establishment of their new crypto investment fund targeted towards web3 development in Africa. LBank Labs plans to establish a series of r...
Visa Stock Price Prediction: VISA Winds up Global Credit Agreement with FTX, Still Asset Looks Good for Investment
Visa stock price struggles at its 200-day moving average amid a sustained rally. Buyers have hardly kept prices above $200 for the past three days. In the letter dated November 14, Visa stock price c...
Paradigm writes off FTX investment; UK regulator investigating Binance on FTX’s demise
The biggest news in the cryptoverse for Nov. 15 includes UK lawmakers probing Binance over FTX collapse, on-chain sleuth ZachXBT calling out Gate.io for covering up 2018 hack, and Three Arrows Capita...
Paradigm founder feels ‘deep regret’ over FTX investment, marks it down to zero
Paradigm co-founder Matt Huang said that the VC firm wrote down its investment in the bankrupt FTX exchange to zero, confirming what The Block had previously reported. The executive also said th...