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DeFi-Focused Layer 1 Berachain Raises $42M Series A at $420.69M Valuation
20.4.2023
The round was led by Polychain Capital and included participation from venture capital firms Hack VC, dao5, Tribe Capital, Shima Capital and Robot Ventures
Three Arrows Capital's NFT Collection Set for Sotheby's Auction in Attempt to Repay Creditors
20.4.2023
Sotheby's is preparing to host an auction for a collection of non-fungible tokens (NFTs) seized from now-defunct crypto hedge fund Three Arrows Capital.
In a Wednesday press release, Sotheby's revealed that it will auction the Grails collection, which is comprised of digital artwork that belongs...
Sotheby’s to Auction 3AC’s NFT Collection, Including Larva Labs’ Zombie Punk and Dmitri Cherniak’s ‘Golden Goose’
20.4.2023
On Wednesday, Sotheby’s, one of the world’s largest brokers of fine and decorative art, announced its plans to auction a number of non-fungible token (NFT) assets that were previously owned by the now-defunct crypto hedge fund Three Arrows Capital (3AC). The auction, called...
Blockchain Meets Bonds: How Crypto Can Solve Long-Standing Issues in Capital Markets
19.4.2023
The future of debt instruments is being built today, Arca’s Anthony Bufinsky writes
Sotheby's Auctioning Off Rare NFTs From 3AC's Seized Collection
19.4.2023
The auction house said that 3AC's Grails collection includes "some of the most significant digital artworks ever assembled."
FTX Exchange's Revival Plan Attracts Potential Bid from Tribe Capital – Will Sam Bankman-Fried Be Involved?
19.4.2023
An effort to revive collapsed crypto exchange FTX has drawn interest from Tribe Capital, a venture firm seeking to lead a $250 million fundraising campaign for the new platform.
According to a Tuesday report from Bloomberg, Tribe is considering injecting new capital to reboot FTX. The VC firm...
US Attorney seeks 7-year sentence for exec in crypto shadow banking case
19.4.2023
U.S. prosecutors are wanting Reginald Fowler to face at least seven years in jail if convicted on April 20
Tribe Capital considers reviving bankrupt crypto exchange FTX: Report
18.4.2023
The venture capital company is reportedly considering spearheading a fundraising campaign to raise $250 million to revive FTX
FTX Reboot Plan Attracts Interest From VC Firm Tribe Capital: Report
18.4.2023
The collapsed exchange's creditors are working with the company "to evaluate all options to reboot or sell the FTX exchanges."
Payments Firm Nuvei’s Ties With FTX Questioned in Spruce Point Capital Report
18.4.2023
Nuvei (NVEI) shares could face as much as 50% long-term downside in part thanks to its connection with fallen crypto exchange FTX, said Spruce Point Capital Management in a report released on Tuesday morning
Bitcoin Financial Services Firm Unchained Capital Raises $60M
18.4.2023
The Series B fundraise comes about five months after the company cut 15% of its staff amid the pressures of crypto winter
Pantera Alum Joey Krug Joins Peter Thiel’s Founders Fund
17.4.2023
Krug has moved from co-CIO at a crypto-focused fund to building a crypto strategy at a generalist venture capital giant
Blackrock CEO Expects Inflation to Persist, but No Major US Recession in 2023
15.4.2023
Blackrock’s CEO, Larry Fink, stated in an interview on Friday that he does not anticipate a “big recession” in the United States. However, he believes that “inflation is going to be stickier for longer.” In contrast to the U.S. central bank’s 2% goal, Fink predicts that...
Bitcoin Is the 'Boring, Old Grandpa' Right Now Compared to Ether: Dexterity Capital Manager Partner
14.4.2023
By its nature, bitcoin is a stable thing, and because it doesn’t change, it isn’t exactly the talk of the town, Michael Safai said
Market Maker DWF Labs’ More Than $200M in Deals Blur What ‘Investing’ Means
14.4.2023
DWF Labs made headlines with flurry of investments in crypto projects such as CryptoGPT or Synthetix. A closer examination reveals that many of their deals aren’t typical venture capital investments. However, the firm says it’s all a misunderstanding
HashKey launches wealth management service citing ‘significant’ demand
14.4.2023
Hong Kong’s HashKey recently received a number of licenses from local regulators, allowing it to expand its range of products and services
Crypto VC funding hits 2-year low, US firms still favorite: Galaxy Research
13.4.2023
Despite macroeconomic headwinds, a Galaxy Research report says activity could rebound in the second quarter of 2023 following recent crypto price increases
Ether-Bitcoin Ratio Likely to See Deeper Decline After Shapella Upgrade: QCP Capital
12.4.2023
Ether has underperformed bitcoin in the lead up to the Shapella upgrade, resulting in a 13.7% year-to-date decline in the ETH/BTC ratio
Nigerian Forex Inflows: ‘Ambiguous Foreign Exchange Regime’ Blamed After Inflows Dropped to $5.32 Billion in 2022
12.4.2023
Between 2019 and 2022, the value of foreign capital that flowed into Nigeria dropped from $23.9 billion to $5.32 billion. The drop has been attributed to low investor confidence, the high cost of doing business, as well as the country’s high inflation rate. Nigeria will “struggle...
Ethereum’s Shanghai Upgrade Will Permanently Alter ETH Economics
11.4.2023