Funds

Funding (Gerd Altmann/Pixabay)
Early Ethereum Backers Cyber.Fund to Invest $100M in 'Cybernetic Economy'
Cyber.Fund, which also backed Cosmos, Solana and Polkadot, is focused growing the "cybernetic economy," in which blockchain is the bedrock
Funding (Gerd Altmann/Pixabay)

Binance's CZ (Twitter/Modified by CoinDesk)
Binance Processes Nearly $1B in Net Outflows as Changpeng ‘CZ’ Zhao Resigns
Data shows the exchange sits on over $67 billion worth of tokens, easing concerns of a possible bank run.
Binance's CZ (Twitter/Modified by CoinDesk)

CMCC Global Managing Partners Shiau Sin Yen, Martin Baumann and Charlie Morris (CMCC Global)
CMCC Global Raises $100M for Hong Kong-Based Blockchain Companies
The lead investor in the fund was B1, which committed $50 million, alongside Richard Li’s Pacific Century Group, Tyler and Cameron Winklevoss’ firm and Animoca Brands founder...
CMCC Global Managing Partners Shiau Sin Yen, Martin Baumann and Charlie Morris (CMCC Global)

Sam Bankman-Fried leaving court on February 16, 2023 (Liz Napolitano/CoinDesk)
Millions in Ether Tied to FTX 'Hacker' on The Move
FTX was hacked in November 2022, hours after the global crypto empire declared bankruptcy and its founder Sam Bankman-Fried stepped down from running the company.
Sam Bankman-Fried leaving court on February 16, 2023 (Liz Napolitano/CoinDesk)

Blockchain Capital Co-Founders Bart Stephens and Brad Stephens (Blockchain Capital)
Crypto VC Firm Blockchain Capital Raises $580M for 2 New Funds
Most of the firm's limited partners are traditional institutional investors, including university endowments, private foundations, financial institutions, sovereign wealth fun...
Blockchain Capital Co-Founders Bart Stephens and Brad Stephens (Blockchain Capital)

Fund raising
Crypto Exchange Bitget Establishes $100M Pot to Fund Ecosystem Growth
Bitget anticipates tightened regulations and growth of layer-2 blockchain networks and DeFi technologies bringing about an evolution in how centralized exchanges operate.
Fund raising

StarkWare co-founders President Eli Ben-Sasson and CEO Uri Kolodny (StarkWare)
StarkWare Restores Crypto Access for Delinquent Wallet Updaters, After Complaints on X
After users complained on X, StarkWare walked back on a move in which it implemented an upgrade that made users' funds inaccessible.
StarkWare co-founders President Eli Ben-Sasson and CEO Uri Kolodny (StarkWare)

The team of Swiss crypto investor L1 Digital (L1D)
Multicoin Backer L1 Digital Raises $152M for Second Crypto VC Fund
The Swiss advisor makes direct investments in crypto projects and also backs early-stage crypto investment firms.
The team of Swiss crypto investor L1 Digital (L1D)

HashKey will launch a liquid assets fund registered in Hong Kong (Ruslan Bardash/Unsplash)
Crypto Investor HashKey Aims to Raise $100M for New Digital Assets Fund
The liquid digital assets fund, regulated by the Hong Kong Securities and Futures Commission, will open for investments on Sept. 1.
HashKey will launch a liquid assets fund registered in Hong Kong (Ruslan Bardash/Unsplash)

Futureverse launches $50 million venture fund and studio, Born Ready (Pixabay)
Metaverse Project Futureverse's Co-Founders Start $50M Venture Fund
The Born Ready venture studio will invest in early-stage Web3 and metaverse projects.
Futureverse launches $50 million venture fund and studio, Born Ready (Pixabay)