Crypto funding drops 20% in Q3 due to ‘barbell market’ — Galaxy Digital
Bitcoin and low-cap, high-risk memecoins led the crypto market in the third quarter leading venture capitalists to overlook mid-tier projects. Go to Source
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FTX user sues hedge fund over bankruptcy profits
Nikolas Gierczyk alleged that the hedge fund that bought his FTX claims refused to honor their agreement, which allows additional recovery for his funds. Go to Source
Hilbert Capital and Xapo Bank Collaborate to Launch Bitcoin Hedge Fund
Swedish public company Hilbert Group’s asset management division has partnered with Xapo Bank to launch a bitcoin-denominated hedge fund in September. The fund is expected to attract over $200 million in initial investments from Xapo Bank and other investors this year. Hilbert Group Partners With Xapo Bank to Launch Bitcoin Hedge Fund Hilbert Group AB, … Read more
Tokenized RWAs are ’a $30 trillion opportunity’ — Polygon exec
High-net-worth individuals and private equity funds will drive adoption, said Colin Butler. Go to Source
VC Firm Hypersphere Reveals $130 Million Atlas Liquid Fund
Venture capital firm Hypersphere has announced the launch of its new liquid fund, Atlas, managing over $130 million in assets. Atlas aims to capitalize on the inefficiencies in the young crypto markets through a diverse range of trading strategies. Hypersphere’s New Atlas Fund Aims to Target Optimized Crypto Returns The Atlas fund, which began quietly … Read more
US appeals court says SEC exceeded authority with fund rule
The Fifth Circuit found that the regulator overstepped its authority in its new rules affecting hedge funds. Could this ruling be a good sign for crypto? Go to Source
Solana sees ‘dramatic increase’ in institutional portfolios: CoinShares
CoinShares found a significant increase in hedge funds and wealth managers survey respondents who have allocated to Solana compared to earlier this year. Go to Source
‘I don’t own Bitcoin, but I should’ — legendary investor Druckenmiller
Veteran investor Stanley Druckenmiller praised Bitcoin for establishing its own “brand” during an interview with hedge fund manager Paul Tudor Jones. Go to Source
Alameda Research lost $190M to scams and ‘questionable’ blockchains: Whistleblower
Former Alameda Research engineer Aditya Baradwaj says one trader lost more than $100 million after clicking on a fake link. Go to Source
3AC’s Su Zhu arrested in Singapore
Su Zhu was arrested at Changi Airport while attempting to leave the country after the Singapore Courts granted a committal order. Go to Source
