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Sequoia Capital's $213.5m Investments in FTX Marks Down to $0

Sequoia Capital's $213.5m Investments in FTX Marks Down to $0

Amid the liquidity crisis in FTX, Sequoia Capital announced to mark down its FTX investment to $0.

EDX Markets Debuts Cryptocurrency Trading Platform and Wraps Up Latest Investment Round

EDX Markets Debuts Cryptocurrency Trading Platform and Wraps Up Latest Investment Round

In a key milestone, EDX Markets has successfully kick-started its cryptocurrency trading operations and completed a fresh funding round

Former Sequoia Partner Michelle Fradin, Involved in FTX Investment, Joins OpenAI

Former Sequoia Partner Michelle Fradin, Involved in FTX Investment, Joins OpenAI

Michelle Fradin, former Sequoia Capital executive, joins OpenAI to lead data efforts, specializing in venture capital and AI, focusing on FTX investment and large language model integration.

Sequoia Capital Invests over $500M to Participate in Crypto Governance

Sequoia Capital Invests over $500M to Participate in Crypto Governance

Sequoia Capital is doubling down on its bullish stance in the digital currency ecosystem with the launch of a $500 to $600 million investment.

FTX to Sell Remaining Interest in Sequoia Capital to Abu Dhabi Sovereign Wealth Fund

FTX to Sell Remaining Interest in Sequoia Capital to Abu Dhabi Sovereign Wealth Fund

FTX has struck a deal with a company owned by the government of Abu Dhabi to sell its remaining interest in venture capital firm Sequoia Capital for $45 million. The deal is subject to approval by the Delaware bankruptcy judge and is part of FTX's efforts to liquidate its investments to pay off its debts to creditors. Meanwhile, Voyager Digital has agreed to set aside $445 million after being sued by Alameda Research over loan repayments.

Sequoia Software Firm to Pay Employees in Bitcoin

Sequoia Software Firm to Pay Employees in Bitcoin

United States-based Sequoia Software Firm is the latest to offer its employees the option to receive part of their salaries in Bitcoin.

China’s Blockchain and FinTech Sector to Brace for 'Capital Winter' Even After the Coronavirus Pandemic Subsides

China’s Blockchain and FinTech Sector to Brace for 'Capital Winter' Even After the Coronavirus Pandemic Subsides

Investment activity in China’s tech sector has seen a massive drop in the past four months since the coronavirus outbreak has emerged from the city of Wuhan. The venture capital market has been suffering a tremendous impact on its existing drop in activity.

Peter Schiff Criticizes Sequoia Capital's Employee BTC Plans, Says It's An Attempt to "Sucker in Buyers"

Peter Schiff Criticizes Sequoia Capital's Employee BTC Plans, Says It's An Attempt to "Sucker in Buyers"

Bitcoin's price downtrend has caused Peter Schiff to criticize Sequoia's employee remuneration scheme based on Bitcoin.

Blockchain Capital Joins the Libra Association as Newest Governing Member

Blockchain Capital Joins the Libra Association as Newest Governing Member

Blockchain Capital investment company has joined the Libra Association as a governing member.

Bitcoin Venture Capital Firm Ribbit Capital Files $350 Million Blank Check IPO with SEC

Bitcoin Venture Capital Firm Ribbit Capital Files $350 Million Blank Check IPO with SEC

Ribbit Capital, an early Bitcoin VC firm, has filed for a $350 million initial public offering with the SEC leveraging its “blank check” structure.

Brock Pierce and Blockchain Capital Sue Florida-Based Company for Copyright Infringement

Brock Pierce and Blockchain Capital Sue Florida-Based Company for Copyright Infringement

Brock Pierce and his business partners are suing Blockchain Capital Management LLC (BCM) for copyright infringement.

Bitcoin Surge Driven by Spot Buyers, says Moskovski Capital CEO

Bitcoin Surge Driven by Spot Buyers, says Moskovski Capital CEO

Lex Moskovski, the CEO of Moskovski Capital, has disclosed that spot buyers are fuelling the present BTC uptrend, which is bullish.

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