Crypto Hedge Fund Pantera Capital Seals $130 Million for Third Crypto Venture Fund

Crypto hedge fund Pantera Capital has already sealed $130 million out of a $175 million target for its third crypto venture fund. The development was shared with Cointelegraph in private correspondence with Pantera president Bill Healy on Feb. 22. For Pantera’s debut fund in 2013, the firm had raised $13 million, rising to $25 million for its second. As reported in August 2018, Pantera raised the game for its third offering, saying at the time that the $175 million target was “a function of how fast the space is moving,…

Pantera Capital, Coinbase Back Crypto Startup Staked in $4.5 Million Round

Major crypto investment firm Pantera Capital has lead a seed funding round for crypto staking startup, Staked, the company announced in a blog post Jan. 31. The startup, which targets institutional investors of proof-of-stake cryptocurrencies, announced that it raised $4.5 million in the investment round.    According to the post, in addition to Pantera Capital, major firms that participated in the round include Coinbase Ventures, Digital Currency Group, Winklevoss Capital, Global Brain, Fabric Ventures and Blocktree Capital. Furthermore, the company also reported that Pantera Capital partner Paul Veradittakit is set…

Academics and Pantera Capital’s “Better Bitcoin” Is still Slower than Visa

A non-profit group comprised of MIT and bay area academics, as well as hedge fund Pantera Capital was formed to develop a coin that can offer faster speeds of processing transactions than Bitcoin.   How to Make Unit-e More than a “Nice Idea” Teachers from Massachusetts Institute of Technology, Stanford University, and Berkeley’s University in California along with five other colleges have teamed up with hedge fund Pantera Capital to develop a cryptocurrency that could overtake the pioneer cryptocurrency in terms of transactions speeds, as reported by Bloomberg. The group…

Academics and Pantera Capital’s “Better Bitcoin” Is still Slower than Visa

A non-profit group comprised of MIT and bay area academics, as well as hedge fund Pantera Capital was formed to develop a coin that can offer faster speeds of processing transactions than Bitcoin.   How to Make Unit-e More than a “Nice Idea” Teachers from Massachusetts Institute of Technology, Stanford University, and Berkeley’s University in California along with five other colleges have teamed up with hedge fund Pantera Capital to develop a cryptocurrency that could overtake the pioneer cryptocurrency in terms of transactions speeds, as reported by Bloomberg. The group…

Buy Bitcoin (BTC), But Diversify Into Crypto Assets Too: Pantera Capital Partner

“Now’s A Great Time To Invest Into Bitcoin (BTC)” As the year comes to a head, a number of crypto traders and investors have sought to figure out what lies in wait for Bitcoin (BTC) in 2019. Paul Veradittakit, a partner at the San Francisco-based Pantera Capital, has told CoinTelegraph that now’s an optimal time to buy into Bitcoin (BTC). In a recent Youtube interview with CoinTelegraph, Veradittakit, a prominent venture capitalist and advisor to Blockfolio and Icon, has claimed that from a short to medium-term outlook, it would be logical to…

Its ICO Portfolio ‘Could’ See 25 Percent Refund Rates Over Non-Compliance, Says Pantera Capital

Blockchain and cryptocurrency-focused investment firm and hedge fund Pantera Capital has warned that a quarter of its ICO projects could be found to violate the United States’ securities laws. According to the company’s most recent newsletter cited by a Bloomberg article Dec. 13, the ongoing crackdown by U.S. regulators means many ICOs, which have already felt the pinch from declining markets, may have to repay investors. “While we believe the vast majority of the projects in our portfolio should not be affected, approximately 25 percent of our fund’s capital is…

Pantera CEO: Bitcoin (BTC) Is A “Serial Killer,” Crypto To Reach Global Adoption

Despite Crypto Market Dump, Pantera’s Morehead Bullish On Bitcoin Bitcoin has long been touted as a viable alternative to centralized banking systems. As recently put by, Dan Morehead, the CEO at San Francisco-based Pantera Capital, in a Business News Network (Bloomberg) interview, Bitcoin isn’t just a “category killer,” but a “serial killer” as well. What’s next for #crypto? Here’s a recap of @dan_pantera‘s interview with BNN Bloomberg earlier this week.https://t.co/WSwCCGIfaq — Pantera Capital (@PanteraCapital) November 15, 2018 Morehead, formerly of Goldman Sachs, elaborated: It is going to go through dozens of…

Pantera Capital Backs Blockchain Security Startup’s $5.5 Million Round

San Francisco-based smart contract security startup Synthetic Minds has raised $5.5 million for its bid to roll out a technology that analyses blockchain networks for coding bugs. Announcing the news on Monday, Synthetic Minds said the round was backed by blockchain investment firm Pantera Capital and Khosla Ventures, a California-based venture capital firm focusing on internet startups. Founded in 2017, Synthetic Minds has just graduated from from startup accelerator Y Combinator’s summer program, during which it also received investment and launched the first version of its technology. The company explained…

Next Bitcoin Bull Run Will See Crypto Market Rise ‘10x’: Pantera CIO

The co-chief investment officer of one the cryptocurrency industry’s largest investment firms said that he expects the next bitcoin bull run to carry the cryptocurrency market cap 1,000 percent above its current valuation. Pantera Capital’s Joey Krug made this prediction during an interview with Bloomberg, forecasting that the next upswing could propel the cryptocurrency market cap to more than $2 trillion. “If you look at that next bull run, I think the crypto space overall could hit 10x from here.” Noting that in previous market cycles the news that major…

Pantera Capital’s Crypto Fund Reports 40.8% Loss since Launch

Pantera Capital’s Digital Asset Fund has sunk in value since it began in December 2017. A report which surfaced on social media revealed that the U.S. investment firm negated 40.8 percent returns to its investors to date. The figures contributed to the fund’s year-to-date losses, which rose to 72.7 percent. The fund’s compound annual growth rate (CAGR) also dropped by more than 50 percent since launch. Pantera releases some painful performance numbers for their new #crypto fund. #bitcoin #ethereum pic.twitter.com/Do6D8sxHla — Collin Crypto (@CollinCrypto) October 5, 2018 The cryptocurrency industry…