Sei Foundation launches $65m DeSci venture fund
Sei Foundation has unveiled a $65 million venture fund aimed at investments in the decentralized science ecosystem. In an announcement first published by The Block, the Sei Foundation said its “Sapien Capital – Open Science Fund I” will look to invest in DeSci projects building on the layer 1 blockchain Sei (SEI). With the crypto […]
Bitmain co-founder’s AI chip venture blacklisted by US
The U.S. has added Sophgo Technologies, the AI chip firm owned by Bitmain co-founder Zhan Ketuan, to its trade blacklist. The U.S. has blacklisted Sophgo Technologies, the AI chip company founded by Bitmain co-founder Zhan Ketuan, over concerns its chips might end up in Huawei products, dodging sanctions. According to a Financial Times report, U.S. […]
Tether sues Swan Bitcoin over Bitcoin mining venture dispute
Stablecoin issuer Tether has filed a lawsuit against Swan Bitcoin in the High Court of England and Wales. The lawsuit alleges breaches of contract related to their joint Bitcoin (BTC) mining venture, 2040 Energy. Tether, alongside its co-claimant 2040 Energy Limited, claims Swan’s actions have violated their agreements, prompting legal action to protect their investment. […]
Tether files lawsuit against Swan Bitcoin over joint venture dispute
Tether confirmed to Cointelegraph that it had sued Swan Bitcoin over alleged contract breaches in a joint Bitcoin mining venture. Source link
Tether invests $2m into Arcanum Capital Fund II Venture Capital
Tether has made its first dive into the world of venture capital by injecting $2 million into Arcanum Capital’s fund, which focuses on developing blockchain-based Web3 projects. According to a recent press release, major stablecoin issuer Tether (USDT) has invested $2 million into the venture capital space through Arcanum Capital’s Arcanum Emerging Technologies Fund II. […]
Altcoin season 'leg down will be ugly,' says venture capitalist
A crypto venture capitalist warns that “once momentum tips,” market participants might be caught off guard by “some murder wicks” on the charts. Source link
