Having weathered “at least three bull-to-bear-market cycles,” Web3 venture capital firm Hack VC is committed to staying the course, the company said yesterday announcing its first venture fund. The company says it raised…
Founders Fund, the venture capital firm founded by billionaire Peter Thiel, has invested $100 million in bitcoin, sources exclusively informed Reuters. The firm allocated $200 million to acquire Bitcoin and another cryptocurrency, evenly…
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The primary focus continues to be on spot Bitcoin ETFs and Hong Kong players do not want to be left behind. Harvest Fund Management’s Hong Kong branch is the latest entity to apply…
After FTX collapsed, scornful critics widely ridiculed Caroline Ellison’s approach to stop losses. ‘I just don’t don’t think they’re an effective risk management tool,’ she infamously told an audience during FTX’s heyday. But…
Today, Bitwise Asset Management unveiled a new initiative, confirming their pledge to allocate 10% of profits from the Bitwise Bitcoin ETF (BITB) towards supporting Bitcoin open-source development, according to a press release sent to…
In a recent two-day court hearing in Singapore, Su Zhu, the co-founder of Three Arrows Capital, faced questioning over the collapse of the crypto fund. Liquidators were able to gather vital information in…
Vietnamese Web3 coalition Ninety Eight, creator of the Coin98 decentralized finance (DeFi) ecosystem, has launched a $25 million ecosystem fund dedicated to accelerating Web3 startups in Asia. According to the Nov. 7 announcement,…
In a recent video interview on the Paul Barron Network, Mark Yusko, CEO and Chief Investment Officer of Morgan Creek Capital Management, made a compelling prediction about Bitcoin’s future. Yusko, with decades of experience in…
It appears that the whole Bankman-Fried family was involved in misappropriating FTX funds. Crypto exchange FTX debtors have recently filed a complaint against former FTX CEO Sam Bankaman-Fried’s parents, Joseph Bankman and Barbara…
Laser Digital, a subsidiary of $500 billion asset manager Nomura, unveiled its new Bitcoin Adoption Fund today, according to a press release sent to Bitcoin Magazine. Notably, this is just the first in…