Tag: Funds

Late Quadrigacx CEO Used Personal Funds to Fulfill Withdrawals

Late Quadrigacx CEO Used Personal Funds to Fulfill Withdrawals Jennifer Robertson, the widow of late Quadrigacx chief executive officer Gerry Cotten, has revealed that customer withdrawals were processed using personal funds in a statement published yesterday. The document also indicates that law firm Stewart McKelvey has withdrawn from representing Quadrigacx […]

In the Daily: Colorado Digital Token Act, ITI Funds Crypto Index, Fortress Blockchain

In the Daily: Colorado Digital Token Act, ITI Funds Crypto Index, Fortress Blockchain In this edition of The Daily we cover new legislation that could make Colorado more attractive to digital businesses and token issuers, the launch of a new cryptocurrency index fund, and the latest miner to succumb to […]

Report: Quadriga’s 6 Cold Wallets Have Been Without Funds Since April 2018

Report: Quadriga’s 6 Cold Wallets Have Been Without Funds Since April 2018 Ernst & Young, the court-appointed monitor in the Quadrigacx saga, released a report on March 1 which shows that cold wallets known to have been used by the Canadian exchange have been without funds since April 2018. The […]

Morgan Creek Digital Secures $40M Backing from Public Pension Funds

Morgan Creek Digital Secures M Backing from Public Pension Funds According to Bloomberg, renowned digital asset firm Morgan Creek Digital has successfully closed a new $ 40 million blockchain-specific venture capital fund. It has done this because of major contributions from two US public pensions. Initially, the venture looked to raise $ […]

ETF Filed With SEC to Invest in Bitcoin Futures, Bonds, and Mutual Funds

ETF Filed With SEC to Invest in Bitcoin Futures, Bonds, and Mutual Funds A registration statement for a new exchange-traded fund (ETF) that will invest in bitcoin futures among other traditional investments has been filed with the U.S. Securities and Exchange Commission (SEC). The fund’s portfolio will include bitcoin futures […]

Ethereum Studio Consensys’ Wild Ideas and Squandered Funds Led to Major Layoffs

Ethereum Studio Consensys’ Wild Ideas and Squandered Funds Led to Major Layoffs Ethereum incubator Consensys is to cut 50 to 60 percent of its employees. The blockchain software company has already laid off 13 percent of its workforce in order to survive the bear market. According to one source, lack of product, […]

Israeli Firm Launches Three Cryptocurrency Investment Funds

Israeli Firm Launches Three Cryptocurrency Investment Funds An Israeli investment firm has launched two cryptocurrency funds, with a third on the way. The company’s CEO explained the funds’ three investment strategies to news.Bitcoin.com. These funds are Cayman Islands-registered, available to institutional and accredited investors. Also read: Yahoo! Japan Confirms Entrance Into the […]