FTX underscores the significance of what we’re constructing right here – a extra environment friendly, decentralized, and open monetary my co-CIO @joeykrug writes: “The journey might not all the time be simple or easy, however it’s on this…
Capital
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The crypto hedge fund Galois Capital had earlier this 12 months gained some renown for predicting the Terra crash — whose stablecoin ecosystem $60 billion collapse grew to become the catalyst for the present bear the mercy of the…
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Exchanges
Silvergate Capital says FTX displays lower than 10% of its whole deposits from digital asset prospects
by Jeremyby JeremyThe supplier of monetary infrastructure options to the digital asset business provides to the mass of firms declaring their FTX publicity in a bid to reassure Offers Assertion on FTX Publicity Silvergate Financial institution (@silvergatebank) November 11, 2022Silvergate…
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Altcoin NewsNews
Pantera Capital swiftly implements precautionary measures following FTX, Alameda fallout
by Jeremyby Jeremy1/ The previous few days have examined our {industry}, with fallout for months to is an excerpt from a word to @PanteraCapital founders / buyers re: affect to our portfolio & actions we took within the first 24
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Regulation
FTX Opts for Capital Increase as Alameda Analysis Winds Down on Buying and selling
by Jeremyby JeremyTroubled cryptocurrency trade FTX has opted to boost capital to fill a shortfall as massive as $8 billion in its Reuters studies that the trade will conduct a fundraise subsequent Take Benefit of the Largest Monetary Occasion in…
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The letter mentioned that the disaster going through FTX has “created a solvency danger” however claimed its publicity to the alternate is “restricted” in its World Development Fund III, the place its price foundation for the FTX portion of the…
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In a notice to Restricted Companions, Sequoia says it invested simply over $200 million in FTX by way of two Supply hyperlink
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Regulation
HashKey Capital Brings Digital Property Nearer to Mainstream Institutional Adoption
by Jeremyby JeremyMany within the Web3 group consider that one of the simplest ways to create mainstream adoption for crypto is to make sure mainstream This solely is sensible, as the largest worry for conventional buyers is that digital property are…