Report: TON investor demands $100M compensation from Durov
Da Vinci Capital, a major investor in Telegram’s $1.7 billion initial coin offering, has reportedly requested compensation for the failed launch of the Telegram Open...
Tag : Venture capital
DeFi Money Market closure after SEC probe could set rocky precedent
The SEC’s recent inquiry into the Tim Draper-backed DeFi Money Market platform is the most recent example in a concerning trend of increasing action by...
Following V2 plans, Balancer raises $5 million from Three Arrows & DeFiance
Balancer Labs announced today a $5 million investment round led by DeFi (decentralized finance) mainstays Three Arrows Capital and DeFiance Capital. The two VCs now...
Baidu reportedly aims to address chip shortage plaguing gaming, crypto and cars
A global chip shortage is affecting various sectors of industry from gaming to automotive and cryptocurrency mining. Amid Bitcoin’s (BTC) ongoing bull run, the crypto...
Major Thai bank’s venture arm sets up $50M fund to invest in blockchain, DeFi
Siam Commercial Bank — Thailand’s oldest bank, established by royal charter back in 1907 — is cementing its reputation as a strong backer of innovative...
Anon-powered options: DeFi platform Premia goes live
The Anon Powered development team has announced today the launch of Premia, the latest decentralized finance (DeFi) options platform live on Ethereum. In an interview...
LL Cool J and Paul Tudor Jones back $72M crypto fund
Several high-profile figures in finance and entertainment are reportedly backing a new venture capital crypto fund from former Digital Currency Group investor Travis Scher, Silver...
Pantera Capital CEO doubles down on $115K Bitcoin prediction for 2021
Dan Morehead, founder and CEO of Bitcoin (BTC) investment firm Pantera Capital, has maintained his bullish Bitcoin prediction for 2021. Bitcoin is poised to hit as...
What type of situation, if any, could crash Bitcoin? VC firm partner speculates
During the market downturn in March 2020, Bitcoin (BTC) fell over 50% in value across a two-day period. Traditional financial markets also dropped vastly in...
Korean crypto investment company launches $120 million fund for blockchain projects
Hashed, one of South Korea’s largest crypto asset fund managers, has raised $120 million to fund new blockchain ventures in the so-called “protocol economy.” The...