How a $115M Crypto Fund With Big Ambitions Plans to Invest In Latin America
Hyla Fund Management wants to become the Goldman Sachs of crypto. The firm plans on launching a new Latin America crypto fund as part of its strategy.
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Hyla Fund Management wants to become the Goldman Sachs of crypto. The firm plans on launching a new Latin America crypto fund as part of its strategy.
The app’s new update seeks to boost transparency in the market by exposing token ownership patterns that may indicate centralization or manipulation.
Minneapolis Federal Reserve President Neel Kashkari, who previously called the cryptocurrency industry “worthless” and “nonsense,” still isn’t an uber-bull, though.
Bitcoin is leading the broader crypto market higher, outperforming the CoinDesk 20 Index with its 6% advance over the past 24 hours.
U.S. Senator Elizabeth Warren has long been held up as the crypto industry’s chief opponent in Congress, and she’s now ascending to the role as the top Democrat in the Senate Banking Committee, where she’ll be heard from on the digital assets legislation that likely needs a sign-off from that panel.
BTC blasted through the $90,000 resistance level on Wednesday, defying the dollar strength.
Aptos and NEAR Protocol were the only gainers, each rising 1.7%.
The seed round included contributions from Hack VC, Delphi Digital, OKX Ventures, Polygon and Animoca Brands.
The crypto custodian’s clients can use money market fund tokens as collateral in derivatives trades after the company received approval from the Financial Services Regulatory Authority (FSRA) in Abu Dhabi.
Bitcoin fell to $85,000, as CPI data came in hotter month-over-month as odds of a Fed pause increase at next policy meeting in December.