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The ‘Lunatic’ Movement: A Look at Terra LUNA’s Inception and the People That Helped Do Kwon Rise

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After the LUNA and UST meltdown, many crypto investors have been curious about the project’s rise in popularity and people wonder about the background of Terra’s co-founder Do Kwon. Moreover, it is not commonly known that Terraform Labs was also founded by Daniel Shin, the founder of a payment firm called CHAI. After Shin left … Read more

Uncollateralized Lending Platform Truefi Raises $12.5 Million From A16z, Alameda and Blocktower

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Truefi, an uncollateralized loan platform, has raised $12.5 million from three important investors. The token sale was led by Blocktower, a New York-based cryptocurrency investment firm. Other important investors were Alameda Research — owned by Sam Bankman-Fried, founder of FTX — and A16z. Truefi is one of the few uncollateralized defi-based lending protocols in the … Read more

Cryptocurrency Hedge Funds Rebound By Over 45% in April

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The bullish market performance experienced across the cryptocurrency markets last month also manifested significant gains for many cryptocurrency hedge funds, with multiple cryptocurrency hedge fund indexes estimating a more than 45% increase in the value of leading funds. Also Read: 5 Years Ago You Should Have Bought Bitcoin, Not Altcoins Cryptocurrency Recovery Rally Drives Impressive Performance … Read more

Cryptocurrency Hedge Fund Headed by Ex-Goldman Sachs VP Raises $140 Million

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It looks as if Silicon Valley and Wall Street are coming together just to see who can shower cryptocurrency ventures with more money. Also Read: Strong Cryptocurrency CFD Volumes Bring Record Revenues for Plus 500 Blocktower Capital Crypto Hedge Fund Blocktower Capital is a cryptocurrency hedge fund headed by former Goldman Sachs vice president Matthew … Read more