Web3 infrastructure startup ThirdFi secures $2m in token funding backed by Chainlink

Web3 infrastructure startup ThirdFi secures $2m in token funding backed by Chainlink   crypto.news 10 July 2024 13:12, UTC Distributed web3 infrastructure startup ThirdFi has raised $2 million in token funding backed by Chainlink, Techstars, and others. ThirdFi, a web3 infrastructure startup aimed at making decentralized finance more accessible via API, has secured $2 million…

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Crypto Investment Firm Hypersphere Unveils $130M Market Fund

Crypto Investment Firm Hypersphere Unveils $130M Market Fund   coindesk.com 10 July 2024 13:31, UTC The Atlas fund is staffed by alums of high-frequency trading firm Millennium and hedge fund Bridgewater. Hypersphere intends to employ the multimanager approach used at Millennium and Bridgwater to provide investors with niche trading strategies while keeping volatility low. Cryptocurrency…

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Tesla's $5.7 Billion Blow to Short Sellers: Stock Surge Fuel Gains Amid Potential Bitcoin Accumulation

Tesla's $5.7 Billion Blow to Short Sellers: Stock Surge Fuel Gains Amid Potential Bitcoin Accumulation   cryptoglobe.com 10 July 2024 07:34, UTC Tesla (TSLA) has emerged as a top performer in the S&P 500, inflicting significant losses on short sellers who have bet against the electric vehicle manufacturer that has invested in Bitcoin. Since releasing…

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China’s insurance giant teams with Swiss crypto bank

China’s insurance giant teams with Swiss crypto bank   crypto.news 10 July 2024 09:46, UTC China state-backed insurance giant CPIC is partnering with crypto bank AMINA to provide investment advisory and banking services. CPIC Investment Management (CPICIMHK), a Hong Kong-based arm of China Pacific Insurance Group (CPIC), the second-largest property insurance company in China, is…

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