Crypto News
Parafi Capital Secures $120 Million for Investing in Crypto Funds
The New York-based digital asset manager, Parafi Capital, has secured $120 million to invest in general partner stakes of crypto funds. These funds focus on specific market segments, strategies, or geographic locations. With this funding, Parafi Capital aims to build a portfolio of 30-50 general partner stakes in crypto funds. Parafi Capital Prioritizes General PartnerSource link
Bitcoin Drops Under $59K as BTC Demand Wanes, BlackRock’s IBIT Logs Outflows for the Second Time
U.S.-listed BTC ETFs recorded $71 million in net outflows on Thursday for the third consecutive day, SoSoValue data shows, in a sign of professional funds leaving the market.Source link
HKMA Hosts Second Financial Leadership Training Program with AMRO and ADBI
The HKMA, AMRO, and ADBI held their second Financial Leadership Training Program in Hong Kong, focusing on macroeconomic stability, green finance, and fintech. (Read More)Source link
Russia Is About to Try Using Crypto to Get Around Sanctions
Russia will begin trialing cross-border crypto payments next week to try to circumvent international sanctions – but this effort may not work, several policy and legal experts told CoinDesk.Source link
Binance Launches Convert & Earn Campaign with USDC Rewards
Binance announces a new campaign allowing users to earn USDC rewards by converting digital assets through Binance Pay. (Read More)Source link