Over $150M Drained in KuCoin Crypto Exchange Hack

KuCoin, a cryptocurrency exchange in Asia, disclosed it was hacked and plans on reimbursing at least $150 million in stolen customer funds.

Pantera Crypto Funds Report 100% Returns Amid DeFi Craze

Investments in decentralized finance (DeFi) drove returns exceeding 100% this year to Pantera Capital’s bitcoin index and altcoin hedge funds.

Chamath Palihapitiya’s Social Capital Holds Bitcoin From 2013 Amid Talk of Public Listing

Social Capital, the Silicon Valley venture capital firm started by an early Facebook vice president, has held bitcoin since 2013.

Former HSBC, Citigroup, Merrill Lynch Asia Execs Start $50M Crypto Fund

Liquibit Capital is also said to be managed by a former Barclays Capital vice president and two current JPMorgan and Wells Fargo technicians.

Ethereum Tokens Worth $1B Vulnerable to ‘Fake Deposit Attack’

A software bug that deposits fake balances into cryptocurrency exchange wallets has been detected in 7,772 ERC-20 tokens worth over $1 billion.

Hacker Stole 1,000 Traders’ Personal Data From Crypto Tax Reporting Service

A hacker made off with user data and in some cases financial information on more than 1,000 customers of CryptoTrader.Tax, a crypto tax filing website.

Crypto Hedge Fund Neural Capital Closes After Losing Half Its Money

Neural Capital, a hedge fund that traded cryptocurrency assets, has quietly shuttered.

Tetras Capital Shuts Down Crypto Hedge Fund After 75% Loss

Tetras Capital, once a $33 million crypto hedge fund, is shutting down due to negative returns.

Cambrian Raises $4M to Run $25M Crypto Quant Fund

Cambrian has landed $4 million of operating capital from high-flying technology and finance investors to help run its $25 million data-driven crypto-trading fund.