Crypto investment firm Blockstream Capital Partners (BCP) said in a press release Thursday that it plans to acquire Corbiere Capital Management, a Jersey-based equity hedge fund founded in 2023 by Rodrigo Rodriguez. Financial details of the acquisition were not disclosed. BCP said the acquisition of Corbiere Capital Management will add equity and event-driven strategies to its existing bitcoin-related products and build a multi-strategy platform for institutional investors. The merger...
Valereum, an independent investment firm based in the Cayman Islands, announced that it has received a $200 million investment to support its efforts to build a digital asset treasury (DAT) and strategically accumulate and manage digital assets, as well as develop AI-powered tokenization and royalty and streaming platforms.
Travis Ford, an Oklahoma man, has been sentenced to 60 months in prison and ordered to pay more than $1 million in forfeiture and $170,000 in restitution for operating a cryptocurrency investment fraud scheme. As CEO and co-founder of Wolf Capital Crypto Trading LLC, Ford raised $9.40 million from about 2,800 investors through the company's website and social media, falsely promising hefty daily returns of 1-2% (approximately 547% annualized). Ford has admitted that these returns cannot be consi...
On August 27th, Dominari Holdings, a Trump-affiliated investment firm, announced the establishment of a cryptocurrency advisory committee to guide the company's strategic expansion into the digital asset space. The committee, headquartered in Trump Tower in New York, will provide professional advice on Dominari's acquisitions and collaborations in the digital asset space, and work in conjunction with the company's existing advisory board. It is reported that the founding members of the committee...
Tom Lee's investment firm Bitmine bought $2.20 billion worth of Ethereum in the past week.
On July 31st, according to the National Medical Insurance Administration, on July 28th, Li Tao, deputy director of the National Medical Insurance Administration, met with the Government Investment Corporation of Singapore (GIC) in Beijing, and the two sides had in-depth exchanges on medical insurance support for the development of innovative drugs. Li Tao said that in the next step, the National Medical Insurance Administration will continue to implement relevant policies and measures, and incre...
According to The Block, the Department of Justice (DOJ) officially stated during the court hearing on July 30 that it will no longer investigate Dragonfly over its early investment in crypto mixer "Tornado Cash". Dragonfly co-founder Haseeb Qureshi confirmed that previous media reports about DOJ plans to file a lawsuit against Dragonfly were not accurate, and neither the company nor its management were within the scope of the investigation. Previously, the DOJ said on Friday that it was consider...
With Tesla (TSLA. O) CEO Elon Musk announcing the formation of a new political party, the "American Party", investment firm Azoria announced on Saturday that it would delay the launch of its Tesla-backed ETF, the "Azoria Tesla Convexity ETF". According to reports, Azoria was scheduled to launch the ETF this week, which was scheduled to invest in Tesla stocks and options, providing investors with financial instruments related to the electric car giant. However, Musk's political actions made Azori...
According to on-chain data analyst Ember monitoring, quantitative investment firm Manifold is suspected of buying $2 million worth of CRV. It transferred 2 million USDC to Binance through the 0x7a02 address 2 days ago, and then withdrew 3.145 million CRVs from Binance. The purchase price is $0.63.
The US investment company Pearl Fund announced the size of the $500 million Bitcoin fund Pearl Bitcoin Fund, it is reported that Pearl Bitcoin Fund will be the first investment fund in the United States to exempt Bitcoin investment capital gains tax, its solution allows investors to obtain tax-free Bitcoin appreciation after a 10-year holding period.