Bookmarking Crypto Insights
Auto Added by WPeMatico
According to “well-placed sources,” speaking with The Block reporter Frank Chaparro, the digital currency hedge fund known as Three Arrows Capital (3AC) may be facing insolvency after significant liquidations. Sources say that the 3AC “liquidation totaled at least $400 million” and the hedge fund’s founder Su Zhu tweeted about “communicating with relevant parties” Tuesday evening … Read more
“We are in the process of communicating with relevant parties and fully committed to working this out” Su Zhu stated. Go to Source Powered by WPeMatico
During the last year, there’s been a lot of discussion concerning bitcoin treasuries or public firms putting bitcoin on their balance sheets. However, the leading crypto asset by market valuation is not the only digital currency being held by treasuries. Ethereum has become a prominent treasury asset as a number of companies are known to … Read more
A $92 million token sale round, Coinbase listing, and an overall crypto market rebound boosted MINA’s massive upside move. Go to Source Powered by WPeMatico
Aptos, a new startup created by some of Meta’s former employees involved in the Diem project, has announced it has raised $200 million for its upcoming goal of creating a scalable blockchain system. The investment, conducted in a strategic funding round, involves some well-known VC names, including Tiger Global, Katie Haun, Multicoin Capital, 3 Arrows … Read more
On Thursday, the Near Foundation announced the project has raised $150 million from strategic investors such as Three-Arrows Capital, a16z, Mechanism Capital, Dragonfly Capital, and Circle Ventures. Following the announcement, the Near protocol’s native crypto asset jumped more than 7% against the U.S. dollar. Near Foundation Gets a $150 Million Capital Injection The team behind … Read more
Only a few weeks ago, CEO Zhu Su was blasting ETH on Twitter for high gas fees and accessibility issues. Now, his company is buying the dip. Go to Source Powered by WPeMatico
A play-to-earn (P2E) blockchain gaming guild has raised $18 million in a Series A financing round according to an announcement on Wednesday. Avocado Guild detailed that the firm raised the funds from investors such as Animoca Brands, Goldentree Asset Management, Three Arrows Capital, and Solana Ventures. P2E Organization Avocado Guild Raises $18 Million From Strategic … Read more
Avalanche, a smart contract-enabled cryptocurrency, has received a $230 million investment from a group of VC companies. The funding round, which is being described as a private sale, was led by Polychain and Three Arrows Capital, with the participation of other companies. This investment will give these companies participation in on-chain Avalanche governance and exposure … Read more
The new fund, Starry Night Capital, plans to exclusively invest in “the most desired” NFTs on the market. Go to Source Powered by WPeMatico
