Draper Goren Holm adds Tezos startups to its $25M venture fund
The Los Angeles-based venture fund plans to incubate startups building on the Tezos blockchain. Go to Source Powered by WPeMatico
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BlackRock SEC filings show $360K gained from Bitcoin futures
The filing from the regulatory body comes after BlackRock chief investment officer Rick Rieder said the firm had “started to dabble” in crypto. Go to Source Powered by WPeMatico
Former SEC Chairman Jay Clayton joins crypto advisory board
Clayton, who stepped down from the SEC in 2020, joins the regulatory advisory council of One River Asset Management. Go to Source Powered by WPeMatico
Institutional inflows into crypto hit lowest levels since October
Managers bought $21 million worth of digital asset investment products last week, according to Coinshares. On a market-cap adjusted basis, Ethereum remains the most popular investment. Go to Source Powered by WPeMatico
Crypto mergers and acquisitions doubled to $1.1B in 2020, PwC reports
The average deal size in the crypto industry surged from $19 million last year to nearly $53 million in 2020, according to a new PwC report. Go to Source Powered by WPeMatico
Norwegian billionaire ditches skepticism, invests in local crypto exchange
Norwegian billionaire investor Øystein Stray Spetalen made a 180° reversal in his opinions about cryptocurrency this month and now part-owns domestic crypto exchange MiraiEx. Go to Source Powered by WPeMatico
Liquidity mining is booming — Will it last, or will it bust?
Liquidity mining is a marked and significant improvement over the investment mechanisms of ICOs, but is it here to stay? Go to Source Powered by WPeMatico
Chainalysis has crypto’s ‘heightened momentum’ to thank for multibillion-dollar valuation
The company recently raised $100M in VC funds. How does it plan to spend that money? Go to Source Powered by WPeMatico
NFT craze and institutional money to bring next 100 million crypto users, says Crypto.com CEO
The two main factors driving mass adoption are converging, says Crypto.com CEO Kris Marszalek. Go to Source Powered by WPeMatico
Bitcoin no longer a fringe asset due to US dollar debasement, says Soros Fund exec
Soros Fund Management’s CIO said that Bitcoin is no longer out on the fringes, thanks to the debasement of the U.S. dollar over the past year. Go to Source Powered by WPeMatico