Biden Administration Wants Crypto Exchanges to Build Funds Firewall
The Biden administration is pushing for legislation to segregate client funds from those on cryptocurrency exchanges and ensure they are safe in the event of an exchange failure, according to people familiar with the matter, potentially limiting how the industry operates. This type of custody rule is standard for financial institutions such as futures firms, but cryptocurrency exchanges often mix their funds with assets held by customers, and the government wants legislation to end that. It h...
Biden Administration Wants Crypto Exchanges to Build Funds Firewall
The Biden administration is pushing for legislation to segregate client funds from those on cryptocurrency exchanges and ensure they are safe in the event of an exchange failure, according to people familiar with the matter, potentially limiting how the industry operates. This type of custody rule is standard for financial institutions such as futures firms, but cryptocurrency exchanges often mix their funds with assets held by customers, and the government wants legislation to end that. It h...
Chief investment officer of Pantera Capital: 80% of the investment has been cashed out before the UST crash
Joey Krug, chief investment officer at Pantera Capital, said the firm cashed out nearly 80% of its Terra (LUNA) investment long before TerraUSD (UST) crashed last week. Pantera Capital has made at least two investments in Terraform Labs, backing its $25 million funding round in January 2021 and joining its $150 million ecosystem fund in July 2021.
Chief investment officer of Pantera Capital: 80% of the investment has been cashed out before the UST crash
Joey Krug, chief investment officer at Pantera Capital, said the firm cashed out nearly 80% of its Terra (LUNA) investment long before TerraUSD (UST) crashed last week. Pantera Capital has made at least two investments in Terraform Labs, backing its $25 million funding round in January 2021 and joining its $150 million ecosystem fund in July 2021.
NirvanaMeta will invest in Liu for NFT construction
According to official news, NirvanaMeta will invest in Liu for the construction of Liu's Jay's NFT. According to CMC data, Liu is a DAO community project in the field of Sport-Fi, with popular sports music exercises such as "Compendium of Materia Medica" as its core value.
NirvanaMeta will invest in Liu for NFT construction
According to official news, NirvanaMeta will invest in Liu for the construction of Liu's Jay's NFT. According to CMC data, Liu is a DAO community project in the field of Sport-Fi, with popular sports music exercises such as "Compendium of Materia Medica" as its core value.
