Bitcoin Retreats From $35K; Miner Selling Pressure May Cap Prices, Crypto Hedge Fund Says
BTC could run towards $40,000-$45,000 after consolidating around current prices, Capriole Investments said. Source
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1inch Investment Fund Just Sold Ethereum, What Do They Know?
1inch Investment Fund, a fund closely tied with the crypto exchange aggregating platform, 1inch, has sold 4,685 stETH for 8.54 million USDC at $1,823,
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Norway’s Sovereign Wealth Fund Suffers $34B Loss in Q3 2023
As the largest sovereign wealth fund worldwide, the Norways’s Government Pension Fund Global boasts a robust portfolio across different sectors within the financial market. Norway’s Government Pension Fund Global, created in the 1990s to manage surplus revenues from the country’s thriving oil and gas sector, faced significant hurdles in its third
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Privacy firm Nym launches $300M fund, eyes Web3 wallets, RPCs and infrastructure services
Blockchain privacy firm Nym Technologies has launched a $300 million funding program aimed at providing capital to projects building security-focused infrastructure.The Nym Innovation Fund will draw capital from venture capitalist investors such as Polychain, KR1, Huobi Incubator and Eden Block and will focus on supporting projects building Web3 privacy-focused tools
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Privacy Infrastructure Developer Nym Technologies Attracts $300M in Crypto Fund Commits
The program will open for applications in November, and the initial focus for applications will be crypto wallets, remote procedure calls (RPCs) and essential resources, tools, infrastructure and initiatives that benefit the broader ecosystem and are available to the public as open-source projects. Developers from any category, such as gaming,
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TON Believers Fund Locks 1.3 Billion TON Tokens
Since its launch, the TON Believers Fund collected a substantial amount of TON tokens. To be precise, it gathered 1,317,379,088 TON coins. The Open Network (TON) Believers Fund, a non-profit fund operating as a smart contract on the TON blockchain has successfully raised a remarkable 1.3 billion TON coins (approximately 25%
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‘Long Big Tech’ Remains The Most Crowded Trade, BofA Fund Manager Survey Shows
"According to the latest Bank of America Fund Manager Survey, the most crowded trade at the moment is still 'long big tech.' This has repercussions for the crypto market, not necessarily good ones," Noelle Acheson, author of the popular Crypto Is Macro Now newsletter, said in Thursday's edition. Source
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Bitcoin Magazine Investment Affiliate UXTO Management Backs First Ordinals Trading Fund
Unbroken Chain has already started investing early contributions of $1.5 million, with initial assets including a Bitcoin Rock – from the first contiguous collection of inscribed Ordinals – purchased on Sept. 20 for 3 BTC (roughly $85,000), according to the statement. Original Source
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UK Financial Conduct Authority Working on Blue Print for Fund Tokenization Due This Year
FCA, the U.K.'s financial regulator, published a discussion paper in February this year on updating and improving a regime for asset management in the country. The paper touched on "how fund managers might adopt distributed ledger technology to offer fully digitised funds to the public," Alder said. Source
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Galxe announces fund recovery plan worth $396k following security breach
Galxe unveils a comprehensive Fund Recovery Plan to reimburse affected users and bolster security following last week’s DNS breach. Following last week’s security breach, leading web3 community-building platform Galxe unveiled a comprehensive ‘Fund Recovery Plan‘ to address the losses incurred by its user base. The initiative aims to provide a structured
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