This Hedge Fund Now Has a 1,000x Profit on Bitcoin
Dan Morehead’s Pantera Capital Management was one of the first funds to get into bitcoin (BTC) back in July 2013.
Dan Morehead’s Pantera Capital Management was one of the first funds to get into bitcoin (BTC) back in July 2013.
This comes a day after Sun bought $30 million of the crypto project’s WLFI tokens.
The investment by Sun, best known for creating the TRON blockchain, comes after World Liberty Financial saw slow initial sales of its WLFI token.
Michael Sonnenshein, the former CEO of Grayscale Investments, has joined Aptos Labs as an adviser alongside OpenAI’s chief product officer, Kevin Weil.
This latest acquisition took place over the past few days, with current holdings now valued at nearly $38 billion.
The unlaunched lending initiative will start with $2 billion in funds, which could eventually grow to tens of billions of dollars.
Phantom, a crypto wallet with a steeper learning curve, is ahead of exchange giant Coinbase in the Apple App Store rankings.
Rick Wurster, who will step into the role of the CEO in the new year, said that the bank has been waiting on a change in the U.S.’s regulatory environment, which he expects to happen soon.
A shakeup to Jito’s economic rails is in the works.
The integrations aim to boost küresel payments and decentralized finance on the Aptos network.