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” Crypto funds register largest weekly inflows since December “ Inflows into cryptocurrency investment funds rose sharply last week, offering cautious optimism that investors are broadening their exposure to digital assets despite geopolitical uncertainty and monetary tightening from central banks. Digital asset investment products registered $127 million worth of cumulative inflows for the week ending…
“# IoTeX co-founder urges crypto investors to hodl amid market conditions ” As the market dips over escalating tensions in Eastern Europe, Dr. Raullen Chai, the co-founder and CEO of blockchain network IoTeX, is urging crypto investors to hold on to their crypto. The Russian army recently started its advance on Ukraine, firing missiles on…
“# Crypto ‘best place’ to store wealth during Fed rate hike: Pantera CEO ” The CEO and founder of leading blockchain venture fund Pantera Capital, Dan Morehead, stated that digital assets will be the “best place” to store capital following the potential fallout of interest rate hikes from the U.S. Federal Reserve. Investors across stock…
“# Aurora raises $12M in debut funding to scale Ethereum ecosystem ” Aurora, an Ethereum Virtual Machine (EVM) designed to scale decentralized applications (DApp) built on the Near protocol, has announced a $12-million debut funding round. The round included over 100 venture capital investors, including Pantera Capital and Electric Capital. According to an official statement,…
“# Pantera-backed Braintrust launches token on Ethereum mainnet ” Decentralized talent network Braintrust has officially launched its BTRST token on the Ethereum mainnet, setting in motion a new governance framework as it aims to drive mass enterprise adoption of its services. The project launched publicly in June 2020 and has now generated $31 million in…
“# Eth2 will help Ether outpace Bitcoin, Pantera Capital CEO predicts ” Amid the looming Ethereum London hard fork, Pantera Capital CEO Dan Morehead predicted that the upcoming upgrade would likely help Ether (ETH) outpace Bitcoin (BTC) as the largest cryptocurrency. As a newer cryptocurrency, Ether has more potential than Bitcoin, Morehead said at the…
“# Pantera CEO: Crypto market ‘panic’ is subsiding, now’s the time to buy ” The chief executive of Pantera Capital, Dan Morehead, is confident that the big crypto selloff is slowing because he thinks “we’ve seen the most of this panic”. In the monthly newsletter published on June 14, the venture capitalist stated that the…
“# New DAO launches after $230M funding round including Peter Thiel, Alan Howard ” BitDAO, a new decentralized autonomous organization, is launching after a $230 million funding round led by billionaire venture capitalist Peter Thiel. BitDAO announced its DAO launch on Tuesday in conjunction with completing a private sale from initial partners led by Thiel,…
“# Pantera Capital and Arrington XRP Capital lead $5.8M Unbound Finance raise ” Cryptocurrency asset managers Pantera Capital and Arrington XRP Capital have co-led a $5.8 million private investment round for Unbound Finance, an up-and-coming DeFi treasury protocol for pooled tokens. The funds will be used to further develop Unbound Finance’s cross-chain stablecoin platform, including…
“# Pantera Capital backs Liquity Protocol’s $6M Series A funding round ” DeFi lending platform Liquity Protocol has secured $6 million in Series A funding to expand its on-chain borrowing services, underscoring the continued growth of cryptocurrency loans. The funding round was led by Pantera Capital, a crypto-focused venture capital firm, with additional contributions from…