PwC’s Chief Crypto Officer Sets Up Digital Asset Fund in Dubai TechRadar

PwCs Chief Crypto Officer Sets Up Digital Asset Fund in

PwC’s global crypto leader quit his role with the firm to set up a digital asset fund in Dubai, highlighting how the city is attracting crypto firms while other perceived hubs including Singapore and Seoul , examine the sector. Henri Arslanian told the Financial Times that Dubai’s “crypto openness” influenced his decision to establish his … Read more

Virginia’s Pension Fund Invests In Crypto Lending To Boost Yields

Virginias Pension Fund Invests In Crypto Lending To Boost Yields

A $6.8 billion Virginia pension fund is looking to boost returns by investing in crypto lending markets despite a crisis in the industry that has pushed several companies into bankruptcy and left retail investors with heavy losses. Fairfax County Retirement Systems recently won approval from its board of directors to begin investing in “yield farming” … Read more

Crypto Unrest Intensifies As Major Fund Defaults

Crypto Unrest Intensifies As Major Fund Defaults

The turmoil in the cryptocurrency market intensified with news on Monday that major crypto hedge fund, Three Arrows Capital, defaulted on loans worth a total of $670 million. The money is owed to digital asset brokerage Voyager Capital, which issued a notice that Three Arrows failed to repay a $350 million loan in the USDC … Read more

Crypto Hedge Fund Three Arrows Capital Defaults on $650 Million Loan

Placeholder while loading article actions Crypto broker Voyager Digital issued a notice of default to hedge fund Three Arrows Capital on Monday for failing to make required payments on a loan worth more than $650 million, the latest sign of financial turmoil that rocked the cryptocurrency world as the value of tokens on the market … Read more

Ukraine Sells Cryptopunk NFT to Fund War

News hardware Ukraine Sells Cryptopunk NFT to Fund War Published on 06/22/2022 at 18:25 Since the fighting began, Ukraine has received strong support from the cryptosphere. Through a cryptocurrency fundraiser, the country obtained a CryptoPunk NFT last March. This Monday, June 20, 3 months after the donation, the NFT was finally sold to contribute to … Read more

Cryptos: The difficulties of the Three Arrows Capital fund raise fears for the worst for the sector

The questioning of the solvency of this fund at 10 billion dollars added to the uncertainties on the Celsius lending platform raise fears of a devastating domino effect on the ecosystem of cryptoassets. The cryptocurrency winter is tough for many players. In the space of a few months, two billion in capitalization have gone up … Read more

Cryptocurrency ‘Bloodbath’ Threatens Multi-Trillion Dollar Hedge Fund | Cryptocurrencies – Tech Tribune France

Cryptocurrency sector ‘bloodbath’ could claim another casualty, with co-founder of multibillion-dollar hedge fund Three Arrows Capital taking to Twitter to try to tackle rumors the company is insolvent following the market crash. With a net asset value of $18bn (£14.9bn) in its last public statement, the Singapore-based hedge fund was known to take large, highly … Read more

Gold-i Adds Binance to Crypto Switch Solution for Brokers and Fund Managers

“We added Binance due to strong customer demand, including high-growth regions such as Asia.” Gold-i announced the integration of its Crypto Switch 2.0 with Binance, the world’s largest cryptocurrency exchange, as part of an initiative that allows Gold-i’s institutional clients to trade Binance’s offering and products at very competitive prices. Advertising Capitalizing on Binance’s market-leading … Read more

Majority Of Crypto Fund Managers Surveyed Predict Bitcoin Could Hit $100,000 By Year End – Bitcoin Markets & Prices News

Majority Of Crypto Fund Managers Surveyed Predict Bitcoin Could Hit

Major financial services firm PWC conducted a study and found that the majority of crypto fund managers surveyed believe the price of bitcoin will be between $75,000 and $100,000 by the end of this year. Bitcoin Price Estimation by Crypto Fund Managers PWC, a Big Four accounting firm, released its “4th Annual Report on Global … Read more

Ledger and Cathay Innovation Launch Web 3.0 Fund

Ledger and Cathay Innovation Launch Web 30 Fund

Crypto security platform Ledger has partnered with venture capital firm Cathay Innovation to launch a $110 million seed fund focused on Web 3.0, DeFi, NFT and DAO. Funds proliferate around Web 3.0 It’s a particularly interesting week for funds on blockchain technology, after the Solana fund and the Cronos accelerator, it’s the turn of Ledger … Read more