Google invested a whopping $1.5B into blockchain companies since September
Other notable corporate investors include BlackRock, Morgan Stanley, Samsung, and Goldman Sachs, according to a report from Blockdata. Go to Source Powered by WPeMatico
Venture Capital
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Crypto-focused venture firm Dragonfly acquires hedge fund: Bloomberg
Amid the grueling bear market for Bitcoin, Ether and altcoins, the cryptocurrency industry is undergoing consolidation. Go to Source Powered by WPeMatico
Crypto Biz: A Futurist take on crypto
The 2022 Blockchain Futurist conference in Toronto, Canada wrapped up this week. DeFi and institutional adoption of crypto were high on the agenda. Go to Source Powered by WPeMatico
Maven 11 launches $30M lending pool on Maple as borrowers turn to DeFi
With liquidity drying up in the wake of CeFi contagion, borrowers are turning to decentralized finance for their credit needs. Go to Source Powered by WPeMatico
Wealth managers and VCs are helping drive institutional crypto adoption — Wave Financial execs
“Things are much more encouraging, even though this is clearly a time of pain,” said Wave Financial’s head of business development Mike Jones. Go to Source Powered by WPeMatico
VC Roundup: Lightning Network payment rail, DeFi trading platform and blockchain security firm raise millions
ZEBEDEE, Halborn, Hashflow, Socios and EtherMail headline the latest funding deals from the world of blockchain and cryptocurrency. Go to Source Powered by WPeMatico
Building the blockchain industry despite market drops and regulation threats
Even if crypto regulation comes to America, top crypto investors are not worried as upward of 90% of cryptocurrencies are utilized outside the United States. Go to Source Powered by WPeMatico
Crypto Biz: The 3AC saga takes another bizarre twist
Once the most revered hedge fund in crypto, Three Arrows Capital has gone bust. As it turns out, its holdings of Deribit shares may be much smaller than reported. Go to Source Powered by WPeMatico
Crypto firms facing insolvency ‘forgot the basics of risk management’ — Coinbase
“The issues here were foreseeable and actually credit specific, not crypto specific in nature,” said three department heads at Coinbase. Go to Source Powered by WPeMatico
Singapore’s financial watchdog pushes back against Terra and 3AC associations
According to the MAS managing director, TerraForm Labs, Luna Foundation Guard and Vauld were “not licensed or regulated” by Singapore’s financial watchdog. Go to Source Powered by WPeMatico