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Tag Archives: Capital

Pantera Capital Seeks $175 Million for Third Crypto Venture Fund

Crypto hedge fund Pantera Capital is seeking to raise $175 million for its third venture fund, a six-fold increase from its previous fund target, TechCrunch reports August 16. For Pantera’s debut fund in 2013, the firm had raised $13 million, rising to $25 million for its second. TechCrunch quotes Pantera partner Paul Veradittakit as noting the new target is a ...

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If Bitcoin is Rat Poison, the Banks Are the Rats: Pantera Capital CEO

Pantera Capital officials continue to maintain an upbeat outlook for cryptocurrency amidst the current market downturn. In an ICO and digital asset funds conference call Tuesday, CEO and chief investment officer Dan Morehead said blockchains are the next step in the evolution of equity, while cryptocurrency is a superior form of currency. He called bitcoin the biggest disruption of this ...

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Venture Capital Firm to Launch $10 Million Crypto, Blockchain Investment Fund

Singapore-based venture capital firm Golden Gate Ventures will launch a $10 million fund for investments in blockchain and cryptocurrency companies, Reuters reported August 10. Golden Gate Ventures (GGV), one of the leading venture capital firms in Southeast Asia, will invest in early-stage companies including cryptocurrency exchanges, security providers, and blockchain tech startups through the LuneX Ventures fund. Local tech media ...

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Pantera Capital CEO: Bitcoin Traders “Overreacted” To SEC News

Following the SEC’s recent announcement regarding the VanEck and SolidX ETF, the cryptocurrency industry saw a substantial pullback. However, some industry leaders are confident that Bitcoin will shake off this drop soon enough. Pantera Capital CEO Calls The Market Drawback An “Overreaction” As it stands, the market has established a new year-to-date low, with the collective valuation of all cryptocurrencies ...

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Renvale Capital Holds Annual Meet the Profession Networking Dinner and Discusses Korea Legislations

This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the press release. Renvale ...

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ICO Capital Raised in July Was Lowest Since June 2017

Initial coin offerings have been an interesting addition to the world of cryptocurrency. Although not everyone sees merit in this particular business, there are a lot of companies still raising millions of dollars without a working product. July 2018 wasn’t the best month for the industry, as the total capital raised was the lowest since June 2017. ICOs Struggle for ...

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Formerly Korea’s Biggest Crypto Exchange Bithumb Resumes Deposits, Influx of Capital Expected

Bithumb, South Korea’s biggest crypto exchange as of May, is officially resuming deposits and withdrawals on August 4, after a month of freezing the platform. Potential Impact of Restoration of Bithumb’s Operations In June, Bithumb experienced a $40 million hacking attack which led to the loss of investors’ funds, falling victim to a major security breach for the third time ...

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Capital Goods Giant CNH Industrial Partners With IBM on Long-Term Blockchain Upgrade

One of the world’s largest capital goods companies has agreed to a multiyear deal with IBM to implement blockchain technology, a press release confirmed July 26. UK-based CNH Industrial, which owns twelve international brands including Iveco and Case IH, will seek to enhance a range of internal processes as part of “reviewing and optimizing its global activities.” “Areas that will ...

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Fenbushi Capital Investment Jarvis + Blockchain NLP (Natural Language Processing) Service Has a Prosperous Future

This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the press release. Recently, ...

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