Dragonfly wants to raise $500 million for its fourth fund: report
Dragonfly previously closed $650 million in oversubscribed financing for its third crypto venture fund in May 2022.
MK Manoylov
VC Roundup: Asylum Ventures launches $55M fund to back startup “artists,” not assets
This edition of Cointelegraph’s VC Roundup features Asylum Ventures’ new fund, as well as startups Puffpaw, Permissionless Labs, Infinit, DRiP, IN1 and DeFi.Gold.
Cointelegraph by Ana Paula Pereira
Hedge Fund Veteran Says Crypto Facing ‘Quiet Quitting’ Crisis, Unveils Catalyst That Could Spark Altcoin Revival
The crypto sector is currently enduring a “quiet quitting crisis,” according to a hedge fund and digital asset veteran. Quiet quitting, a term that was popularized in 2022, refers to employees who do the bare minimum level of work their jobs require
Daily Hodl Staff
Galois Capital Settles With the SEC Over Alleged Custody Failures
The crypto-focused fund that shut down after losing substantial assets on FTX quickly announced its intent to settle with the SEC and is “glad to put this matter behind us.”
Squiffs
SEC charges fund adviser Galois Capital for FTX crypto custody
The fund allegedly lost about half of its assets following FTX's collapse.
Crypto Biz: Riot increases Bitfarms stake in takeover strategy
This week’s Crypto Biz examines Bitdeer’s earnings boost, Hamster Kombat’s rejection of venture capital offers, Grayscale’s new crypto fund and a Solana exchange-traded fund in Brazil.
Cointelegraph by Ana Paula Pereira
Ethereum ETFs Boost Crypto Fund Trading Volume as Bitcoin Retains ‘Healthy’ Interest
Crypto fund weekly trading volume reached the highest level since May thanks to the launch of spot Ethereum ETFs.
Adrian Zmudzinski
Michigan State Pension Fund Adds $6.6M in Bitcoin ETFs
The state of Michigan has added Spot Bitcoin ETFs to its pension fund, while disclosing a $6.6 million…
Joshua Ramos