A Hunt for Yield: The Next Chapter in Crypto Portfolio Optimization

The fallout from the 2022 crisis has pushed the industry to innovate. One of the most promising developments has been the rise of tokenized money market funds. These funds offer a way to generate yield, says Jason Liebowitz, Head of Private Wealth at Hashnote.

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OpenAI in talks to raise funds at over $100B valuation: Report

Private documents show OpenAI stockholders are planning to sell shares at a price that would value the firm at $103 billion. Any new investment would see the AI startup valued even higher.

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Bitcoin stolen in $238 million breach fails to get privacy shield, returned to original address

Privacy protocol RAILGUN said the 4,064 Bitcoin stolen in a high-profile security breach on Aug. 19 did not gain any privacy benefits on its platform. The platform clarified that the stolen funds were unable to generate a Private Proof of Identity (POI), resulting in their unshielding and return to the original address.

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Tokenized RWAs are ’a $30-trillion opportunity’ — Polygon exec

High-net-worth individuals and private equity funds will drive adoption, said Colin Butler.

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Fake Phantom wallet breaches Apple’s app store, draining crypto assets

A fake Phantom wallet on Apple’s app store is reportedly draining user funds when a user recovers their account using their private key. The application closely mimics the original Phantom wallet published by Phantom Technologies Incorporated. When searching for the…

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CoinStats temporarily shuts down, advises users to transfer their funds

CoinStats has temporarily shut down its app after the June 22 security breach. Users are advised to transfer funds immediately using exported private keys. Scam notifications have been distributed through the CoinStats push notification and an in-app message.

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SEC ‘exceeded’ authority on fee disclosures, US appeals court rules

A US appeals court has overturned an SEC rule mandating hedge funds and private equity firms to increase transparency on fees and expenses, stating the regulator exceeded its authority. The post SEC ‘exceeded’ authority on fee disclosures, US appeals court rules appeared first on Crypto Briefing.

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MicroStrategy Completes Latest 9,000 Bitcoin Buy

MicroStrategy has completed another significant Bitcoin buy, using funds from a private offering of $623 million in convertible notes to fund a purchase of 9,245 BTC, bringing the company's total holdings to 214,246 Bitcoin, more than 1% of the total supply.

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MicroStrategy Completes Latest 12,000 Bitcoin Buy

MicroStrategy has completed another significant Bitcoin buy, using funds from a private offering of $600 million in convertible notes to fund a purchase of 12,000 BTC, bringing the company's total holdings to 205,000 Bitcoin.

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Pushd (PUSHD) Presale Secures Avalanche (AVAX) Investment as Bitcoin (BTC) Surges Past $50K

Bitcoin (BTC) has surpassed $52,000 drawing interest from major financial players in blockchain. Avalanche’s (AVAX) Spruce Subnet is turning private equity funds into tokens with involvement from Citibank, WisdomTree and Wellington Management.

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Citibank Tests Tokenization of Private Equity Funds on Avalanche

The firm tested a variety of use cases through Avalanche's subnet with a focus on private markets.

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OKX DEX falls to exploit: What about your holdings?

A private key compromise allowed the attacker to transfer unauthorized tokens. OKX admitted to the exploit and said it would compensate victims. Crypto funds worth more than $400,000 were stThe post OKX DEX falls to exploit: What about your holdings? appeared first on AMBCrypto.

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Jellyverse secures $2M seed funding for DeFi 3.0 on DeFiMetaChain

Jelly Labs AG and Fintonomy LTD have secured $2 million in seed funding from private investors. The funds will drive the development of Jellyverse, a groundbreaking platform for advanced DeFi services built on the innovative DeFiMetaChain (DMC).

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UK Approves Tokenization of Investment Funds

New UK blueprint aims to enable tokenization of funds on distributed ledgers, starting with private networks.

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Superstate secures $14M Series A round co-led by CoinFund

Superstate announced it raised $14 million in its Series A funding round. The round was co-led by CoinFund and Distributed Global, and attracted participation from several venture capital firms. Superstate will use the money to expand the team, finance private funds.

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Tokenization Firm Superstate Gets $14M Investment to Bring Traditional Funds On-Chain

The company has earmarked the funds for expansion, creating private funds for institutional investors and crafting a framework for tokenized public funds that U.S. clients can access.

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Crypto Biz: Bidding war for SVB Capital, new crypto funds and Citi’s private blockchain

This week’s Crypto Biz explores SVB Capital bids, new funds from Blockchain Capital, the Hut 8-US Bitcoin merger and Citigroup’s private blockchain.

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Crypto VC Firm Blockchain Capital Raises $580M for 2 New Funds

Most of the firm's limited partners are traditional institutional investors, including university endowments, private foundations, financial institutions, sovereign wealth funds and U.S. pension plans.

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Stake co-founder Eddie Craven shares details on $41m heist

Despite looting $41 million in cryptos, Stake co-founder Ed Craven said the hackers did not compromise private user info or access customer funds during the attack. Edward Craven, co-founder of crypto casino Stake, published preliminary findings from a Sept. 4…

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Private Funds File Joint Lawsuit to Stop SEC Overreach

The private funds industry has filed a lawsuit against the SEC.

The post Private Funds File Joint Lawsuit to Stop SEC Overreach appeared first on BeInCrypto.

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Georgia prosecutors reportedly charge billionaire George Bachiashvili for misappropriation of funds in Bitcoin, money laundering

Georgian news outlet Agenda reported Thursday that George Bachiashvili, the founder of the Georgian Co-Investment Fund, known for running a $6 billion private equity fund contributing about 40% to the nation’s GDP, has been charged with cryptocurrency misappropriation and money laundering.

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Community Calls Bluff as unshETH Negotiates Return of 90% Funds

After the compromise of private keys, DeFi protocol unshETH negotiates with hackers to retrieve 90% of the funds. The community accuses the project of accidentally posting the private key on GitHub.

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StepStone VC Raises $97M for Two Blockchain Funds

SEC filings show pooled investment figures for the two private equity funds.

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Is the SEC Targeting Crypto Trading With New Reporting Requirements? 

The Securities and Exchange Commission (SEC) continues to regulate the crypto space with increased vigilance. Does the SEC's intensified regulatory oversight of cryptocurrency private funds properly address risks to investors? The post Is the SEC Targeting Crypto Trading With New Reporting Requirements?  appeared first on BeInCrypto.

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US SEC delays ratification of digital assets definition 

The Securities and Exchange Commission (SEC) has announced that it will not be adding the definition of "digital assets" to its rules governing reporting disclosures for hedge and private equity funds

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SwissBorg Raises Over €20M with Revolutionary Community-Centric Fundraising

In a groundbreaking move that has set new standards for fundraising, SwissBorg has demonstrated the power of community-centric approaches in raising funds, outperforming even private and institutional investors.

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SwissBorg Raises over €20M with Revolutionary Community-Centric Fundraising

Lausanne, Switzerland, April 18th, 2023, Chainwire In a groundbreaking move that has set new standards for fundraising, SwissBorg has demonstrated the power of community-centric approaches in raising funds, outperforming even private and institutional investors.

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SwissBorg Raises over €20M with Revolutionary Community-Centric Fundraising

In a groundbreaking move that has set new standards for fundraising, SwissBorg has demonstrated the power of community-centric approaches in raising funds, outperforming even private and institutional investors.

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FTX Bankruptcy Claims Sell for 20 Cents on the Dollar in Private OTC Markets

Distressed asset funds can pick up FTX bankruptcy claims for around 20 cents on the dollar in hidden over-the-counter (OTC) markets, a person familiar with the matter told CoinDesk.

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Polygon’s MATIC Maintains Upsurge Following Partnership With Hamilton Lane

Private market investment company Hamilton Lane has unveiled tokenized investment funds in a deal with digital asset securities firm Securitize and blockchain Polygon. The new tokenized feeder funds would use blockchain technology to give individual investors the same opportunities as their institutional counterparts.

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CFTC files lawsuit against Sam Bankman-Fried, FTX, and Alameda for fraud

According to the federal regulator, SBF and FTX companies "used FTX customer funds for a variety of personal expenditures" including real estate and private jets.

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Crypto fund investment still dominated by the United States: Database

Crypto database shows that most firms are venture capital at 52.8%, followed by hedge funds with 44.3% and then private equity and mutual funds at 2.9%.

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Crypto Self-Custodying Offers Protection Amid FTX Exchange Fallout

Huge losses of funds at FTX have shaken the trust of crypto investors, but private keys and crypto wallets can protect investors from fraud and mismanagement.

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Report: Tether freezes $46M of FTX’s USDT, setting new precedent

Tether has thus far only frozen USDT funds held in private wallets when requested by law enforcement.

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Hamilton Lane partners with Figure Technologies to Launch tokenized Private Markets-Focused Funds 

Hamilton Lane has partnered with Figure Technologies to launch three new share classes of private markets-focused funds on the Provenance Blockchain via Figure's Digital Fund Services platform.

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ParaSwap to Keep Watch Over Possible Private Key Hack

Supremacy Inc has stated that there may have been a breach due to a "profanity vulnerability" in ParaSwap, resulting in lost of funds in numerous chains plugged to the protocol.

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Hamilton Lane Inc. Prepares to Deploy Tokenized Funds to Attract Investors

Hamilton Lane Inc., a private equity fund, aims to utilize distributed ledger technology to make its private equity offerings more accessible to retail investors.

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KKR & Co Inc. Tokenizes Its Health Growth Fund On Avalanche Crypto

The Kohlberg Kravis Roberts & Co, known as KKR Inc, is an American-based global investment company, KKR & Co has long been managing multiple assets and is now eyeing crypto assets. The class of assets managed by this firm cut across real estate, energy infrastructure, private equity, credit, and Hedge funds. KKR &Co manages its […]

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US Recovers Portion of Funds Stolen in Axie Hack

Chainalysis has stressed importance of collaboration across public and private sectors following confiscation of funds

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SEC, CFTC Want Private Funds to Report Crypto Holdings

The Securities and Exchange Commission and the Commodities Futures Trading Commission are hoping to add new levels to the disclosures they require from large hedge funds and private wealth management...

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Solana exploit related to imported Slope Finance wallets, private keys revealed

As initially reported by CryptoSlate early hours of Wednesday morning, a significant exploit has caused thousands of crypto wallets to be drained of funds. The post Solana exploit related to imported Slope Finance wallets, private keys revealed appeared first on CryptoSlate.

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Annex’s O.D. Kobo Says Two-Thirds of Crypto Hedge Funds Will Fail

Crypto heavyweight at Blockchain conference Kobo blames the challenging global macro backdrop O.D. Kobo, is the former co-founder of PIR Equities, the London-based private equity firm that in 2018 became one of the first institutional investors to enter the crypto space with a $50 million investment in Bitcoin (when it was $6938) and Ethereum (at […]

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UK Government Backtracks on Unhosted Wallet Data Collection Proposal

The government said it didn't make sense to require all senders of funds to private crypto wallets to collect recipients' identification details.

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Binance VC Arm Raises $500M To Drive Blockchain And Web3 Adoption

Binance Labs, the venture capital and incubation unit of Binance has completed a $500 million investment funding round. According to a Wednesday, June 1 announcement, the funds were pooled from a list of leading global institutional investors including Breyer Capital, DST Global partners as well as private major equities, family offices, and corporations that contributed […]

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Chibi Clash secures $3M to build a Web3 gaming universe

Chibi Clash, a web3 gaming universe that seeks to offer a free-to-play gaming experience – with NFTs –, has raised $3 million in a private funding round from leading angel investors and venture funds.

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Crypto derivatives platform BitCoke raises $20M USD led by Huobi

BitCoke, a crypto spot & derivatives exchange, on May 12th confirmed that it successfully raised $20 million in a strategic private round in early 2022. The funds will be primarily used by the centralized exchange to design and develop key features connecting CEX with decentralized exchange (DEX) features.

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ADDX bags $58M to reduce min. private investment by 10x via smart contracts

ADDX uses blockchain technology and smart contracts to tokenize and fractionalize private markets, including pre-IPO equity, private equity, and hedge funds and bonds.

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Cannabis Company to raise funds by selling equity via Crypto

Global Cannabis Capital, a fund that invests in Latin American cannabis companies, is planning to raise funds to expand with the sale of security tokens to private investors.   As Cannabis users around the world light up to celebrate 420, a different campaign to help future investment in the industry is gathering momentum with crypto tokens.

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Blockchain-based game Blast Royale raises $5 million in a private round led by Animoca Brands and Mechanism Capital

According to a statement by First Light Games, the parent company of Blast Royale, the game has attracted top investors in a private sale funding round, successfully raising $5 million. The funds raised will be used in enhancing the development of the game, attracting top developer talent, marketing, and growing the game’s community across the […]

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