‘I F**ked Up’: SushiSwap Creator Chef Nomi Returns $14M Dev Fund
SushiSwap creator "Chef Nomi" has returned all $14 million in ether, apologizing to the DeFi project's community for suddenly liquidating his holdings. Source
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Wave Financial Wins First Round of Investment for Whiskey Fund Ahead of Tokenization
Investment management firm Wave Financial said Friday it has received its first round of investment from clients, and has purchased a 1,000 barrels of Kentucky whiskey it plans to tokenize for prospective investors. According to a press statement emailed to CryptoX, Wave Financial purchased the whiskey from the Wilderness Trail Distillery
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Binance’s New Platform Will Connect CeFi and DeFi With $100M Fund
The global cryptocurrency exchange giant is putting up $100 million to support DeFi projects on Binance Smart Chain (BSC). Source
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Hacker Hijacks Twitter Account of Indian Prime Minister’s Relief Fund, Asks Followers for Crypto
Prime Minister Narendra Modi has become the latest victim of a Twitter hack undertaken to trick social media users into sending cryptocurrency to the attackers. The Modi incident is another sobering reminder to always think twice before sending crypto to strangers on the internet, even if there’s a blue check and
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SPiCE, Unable to Get Liquidity in the US, Takes Tokenized Blockchain VC Fund to Asia
The leader in blockchain news, CryptoX is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CryptoX is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. Source
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Trump’s Former Pro-Bitcoin Chief of Staff Now Runs a Hedge Fund
Former White House chief of staff under U.S. President Donald Trump Mick Mulvaney is running a hedge fund. Since 2014 Mulvaney has been recognized as a pro-Bitcoin (BTC) official, encouraging practical regulation of cryptocurrencies.The new fund called Exegis Capital was announced during a podcast with S&P Global Market Intelligence. Mulvaney
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Mathew D’Souza, Crypto Entrepreneur and Hedge Fund Manager, Dies
Mathew J. D’Souza, crypto entrepreneur and CEO of Blockware Solutions, died on Aug. 21 after a seven-year fight with leukemia. He was 29. D’Souza’s firm, a major U.S.-based mining rig distributor, announced his death and said a memorial service would be held in Park Ridge, Ill., where the company is
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Fidelity’s Chief Strategist Starts Bitcoin Index Fund
The fund is the latest example of Wall Street veterans cozying up to bitcoin in their rhetoric and capital allocations. Source
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Dow Reverses Sharply – And Hedge Fund Bear Warns a Crash Is Coming
The Dow Jones slumped on Tuesday, despite briefly rising after the opening bell. The index is on the cusp of its biggest makeover in nearly a decade. One bearish hedge fund refuses to concede that the stock market recovery is for real. The Dow Jones Industrial Average (DJIA) rally fizzled on Tuesday, as
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Polychain Capital’s Original Crypto Fund Raises an Additional $19.5M
The fund has raised $307 million in its four-year history of investing in crypto and SAFTs. Source
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