Tuesday, February 19, 2019
Home > Funds

Fairfax County Pension Funds Invested $21 Million in Blockchain Technology

Fairfax county of the United States state of Virginia, has invested $21 million in Morgan Creek Blockchain Opportunities Fund, according to an official note published on Feb. 13.Jeff Weiler, Executive Director at Fairfax County Retirement Systems, clarified the terms of recent investments in Morgan Creek Digital that reportedly amounted to

Read More

In Industry First, Crypto Asset Manager Morgan Creek Raises Money from Pension Funds

The $40 million investment fund of Morgan Creek will major focus on crypto investments along with other blockchain startups and token-based projects.On Tuesday, February 12, Morgan Creek became the first company in the crypto sector to secure massive funding from pension funds, reports Bloomberg. Two separate pension funds of Virginia’s Fairfox County

Read More

Morgan Creek Digital Secures $40M Backing from Public Pension Funds

According to Bloomberg, renowned digital asset firm Morgan Creek Digital has successfully closed a new $40 million blockchain-specific venture capital fund. It has done this because of major contributions from two US public pensions. Initially, the venture looked to raise $25 million. Morgan Creek Digital Backed by finance behemoth Morgan Creek Capital, Morgan Creek Digital is

Read More

Mike Novogratz: All the Big Macro Funds Should Hold at Least Small Percentage in Bitcoin

Mike Novogratz, the chief executive of the TSX-listed Galaxy Digital, made a surprising remark that came straight out of left field saying that he doesn’t understand why large macro funds don’t have a 1% position in Bitcoin (BTC).Except Bakkt, there is a platform for trading and storing cryptocurrency – Fidelity

Read More

Quadriga mystery deepens with little evidence of cold wallets containing user funds

A cryptocurrency analyst says there is little evidence that tens of millions of dollars of assets allegedly trapped on hard drives belonging to the deceased founder of a Canadian cryptocurrency exchange are being stored in so-called cold wallets. QuadrigaCX’s 30-year-old founder, Gerald Cotten, died unexpectedly in India on Dec. 9. It took more

Read More

Expert Claims QuadrigaCX Funds Not Stuck, But Missing Altogether

The $145 million in digital assets that are reportedly stuck in encrypted cold wallet storage of QuadrigaCX crypto exchange could actually be missing, according to analysts cited by the Wall Street Journal (WSJ) on Feb. 6.In December 2018, the founder of major Canadian cryptocurrency exchange QuadrigaCX, Gerald Cotten, passed suddenly.

Read More

How Do World’s Largest Crypto Exchanges Store Funds? Avoiding QuadrigaCX’s $190M Disaster

Canada’s largest crypto exchange QuadrigaCX lost more than $190 million worth of user funds and is unable to reimburse its users. As CCN reported on February 1, the founder and CEO of QuadrigaCX passed away in India with sole control over the company’s cold wallets containing more than $150 million in

Read More

Owner of Hacked Crypto Exchange BitGrail Sentenced to Return Funds to Customers

Francesco Firano, the owner and founder of hacked Italian cryptocurrency exchange BitGrail, has been sentenced to return as much of the assets to his customers as possible. Scans of the court decision were released by the Bit Grail Victims Group (BGVG) on Medium on Jan. 28.The Italian Bankruptcy Court published

Read More