Morgan Creek Digital to Raise up to $500M for New Web3 Venture Capital Fund
Submitted by Anonymous (not verified) on Fri, 07/12/2024 - 10:20The new fund will target early stage opportunities in AI, blockchain technology, chips and data.
The new fund will target early stage opportunities in AI, blockchain technology, chips and data.
The bank reduced its year-to-date crypto market net flow estimate to $8 billion due to a decline in bitcoin reserves across exchanges in the past m
The broker initiated coverage on miners Iren Energy and Corz Scientific with outperform ratings.
Valdi allows customers to use available GPU compute cycles in data centers across the world.
Spot bitcoin ETFs saw their second worst month since launching in the U.S., with an estimated $662 million of net outflows, the report said.
U.S.-listed mining companies produced a greater share of bitcoin in June than May as they brought on new capacity while the network hashrate droppe
The median pre-money deal valuation jumped to highs of $37 million, suggesting that despite a lack of available investment capital a resurgent cryp
The digital asset industry added more than $750 billion in value in the first half of the year, the report said.
Massive demand for energy from high performance computing and artificial intelligence firms is changing the landscape in terms of power stability,
Ether’s market value relative to bitcoin is close to multiyear lows, and strong inflows into spot ETH ETFs could spark a catch-up trade, the report
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