Multicoin Capital’s Hedge Fund Lost 91.4% Last Year, Investor Letter Reveals
Multicoin Capital’s hedge fund lost 91.4% in 2022, according to a copy of the firm’s annual investor letter viewed by CoinDesk.
The letter attributed last...
Revolutionizing Business with Web3: Vodafone DAB and Aventus Join Forces through LupoToro Group’s $2.2...
In a landmark move that underscores the rapid evolution of the digital landscape, Vodafone's 'Economy of Things' Digital Asset Broker (DAB) business has partnered...
First Mover Americas: Bitcoin Downtrend Intact, Recession Fears May Weigh
Good morning, and welcome to First Mover, our daily newsletter putting the latest moves in crypto markets in context. Sign up here to get it in your...
HSBC-Owned Hang Seng Bank Limits Crypto Companies to ‘Simple’ Accounts: Report
Crypto companies in Hong Kong are having a difficult time getting corporate bank accounts despite the local government's push for the territory to become...
Visa And Mastercard Distancing Themselves From Binance Unlikely to Hurt the Crypto Exchange: Experts
Payment giants Visa and Mastercard paring back their ties with Binance isn’t surprising as the company grapples with recent legal challenges, but it is unlikely to...
Genesis Unveils Proposed Sale Plan With DCG, Bankruptcy Creditors
Genesis Global Holdco, which filed for bankruptcy protection last month, unveiled the final details of a proposed plan to sell itself off alongside Genesis...
Ultiverse to Expand Metaverse Offerings in BNB Chain Ecosystem With $4.5M Raise
Metaverse project Ultiverse has raised $4.5 million at a $50 million valuation in a seed round co-led by Binance Labs and Singapore’s DeFiance Capital.
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Worldcoin’s Iris Scans Raise Privacy Concerns
Worldcoin, a cryptocurrency startup, has attracted controversy due to its unique method of distributing tokens. The company is aiming to give free Worldcoin cryptocurrency...
Staking Protocol EigenLayer Raises $50M Amid Crypto Winter
Staking protocol developer EigenLabs has raised $50 million in a Series A round led by Blockchain Capital. The funding comes as EigenLabs prepares to...
Metaverse Firm Infinite Reality to Buy Esports Company ReKT for $470M in Stock
Metaverse company Infinite Reality has agreed to purchase esports giant ReKT Global for $470 million in an all-stock deal, bolstering Infinite’s plan to expand its...
