Funds


Finance

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.

Reston, Virginia, Fairfax County (Gerville/iStockphoto/Getty Images)

Markets

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.

Crypto funds saw their fifth consecutive week of inflows in the seven days ended July 29. (CoinShares)

Finance

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."

Launch House co-founders Brett Goldstein, Michael Houck and Jacob Peters (Launch House)

Finance

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.

Dubai (David Rodrigo/Unsplash)

Policy

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.

An official at Singapore's central bank said it won't tolerate bad behavior in the crypto industry. (Peter Nguyen/Unsplash)

Finance

Accelerate Financial Launches NFT Fund, Sees Prices Bottoming

The fund will own a mix of NFT collections, including CryptoPunks and Bored Ape Yacht Club.

Mutant NFT with Accelerate Financial logo (Accelerate Financial Technologies Inc.)

Markets

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.

Chart of weekly crypto fund flows (CoinShares)

Finance

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.

Teller Protocol hopes to bring DeFi to commercial real estate projects such as multifamily buildings. (Dan Reynolds Photography/Getty Images)

Finance

NFT Platform Immutable Launches $500M Venture Fund for Web3 Games

Immutable Ventures will work with groups including Animoca and GameStop.

(Getty Images)

Markets

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.

Bitcoin's price is no longer clinging to the $30K zone. (CoinDesk)