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Funds
Fairfax County Pension Fund Invests $70M in Crypto Yield Farming Funds: Report
The Virginia pension fund has a series of crypto investments dating back to 2019.

July Marks Strongest Month of Crypto Fund Inflows This Year: CoinShares
Digital-asset investment products saw inflows of $474 million last month, reversing June’s $481 million of outflows.

Startup Incubator Launch House Debuts $10M Fund With Web3 in Focus
House Capital will invest in early-stage companies building for the “new Silicon Valley."

Fund Manager Fintonia Group Receives Provisional Virtual Assets License in Dubai
Fintonia Group has followed in the footsteps of several leading crypto companies in securing a license to operate in Dubai.

Singapore Central Bank Censures Three Arrows Capital for Alleged Misleading and False Disclosures
The crypto hedge fund also exceeded the threshold of assets it could manage in Singapore, according to the central bank.

Accelerate Financial Launches NFT Fund, Sees Prices Bottoming
The fund will own a mix of NFT collections, including CryptoPunks and Bored Ape Yacht Club.

CoinShares Report Shows Major Outflows From Bitcoin Short Funds
Digital-asset investment products see $39 million in outflows last week, with total assets under management reaching lowest level since February 2021.

DeFi Moves Into Real Estate With Tower Fund and Teller Protocol Partnership
The timing for fully transparent DeFi opportunities couldn’t be better, according to Teller CEO Ryan Berkun.

NFT Platform Immutable Launches $500M Venture Fund for Web3 Games
Immutable Ventures will work with groups including Animoca and GameStop.

Market Wrap: Bitcoin Tumbles Most in 1 Year as Crypto Cracks Appear
Bitcoin slumped to about $23,000 when the Celsius withdrawal halt combined with a sell-off in traditional markets to sour trader spirits.
