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…

Pantera Capital Seeks $175 Million for Third Crypto Venture Fund

Crypto hedge fund Pantera Capital is seeking to raise $175 million for its third venture fund, a six-fold increase from its previous fund target, TechCrunch reports August 16. For Pantera’s debut fund in 2013, the firm had raised $13 million, rising to $25 million for its second. TechCrunch quotes Pantera partner Paul Veradittakit as noting the new target is a “function of how fast the space is moving, the talent coming in, the opportunities, and the sizing of rounds”: “With more interesting later-stage investments [on our radar], too, we want…

If Bitcoin is Rat Poison, the Banks Are the Rats: Pantera Capital CEO

Pantera Capital officials continue to maintain an upbeat outlook for cryptocurrency amidst the current market downturn. In an ICO and digital asset funds conference call Tuesday, CEO and chief investment officer Dan Morehead said blockchains are the next step in the evolution of equity, while cryptocurrency is a superior form of currency. He called bitcoin the biggest disruption of this generation. Morehead has been a perpetual crypto optimist, having stated that the cryptocurrency market cap could one day be worth $40 trillion. In April, Pantera prematurely said that the market…

10,000%: Pantera Capital Reports Massive 5-Year Crypto Investment Return

Cryptocurrency investment firm Pantera Capital reported a more than 10,000 percent lifetime return on Friday, coming five years after its formation. In an email, co-chief investment officers Dan Morehead (who is also CEO) and Joey Krug shared the figure as they celebrated the fund’s fifth anniversary. Perhaps unsurprisingly, they’re still bullish about bitcoin, particularly in the years since Pantera’s launch. To that end, Morehead and Krug included two emails that the fund sent out in 2013 to illustrate that point. “We wanted to share the original logic – as it…

‘Wikipedia of Structured Data’ Protocol Secures Backing From Pantera, DCG, 25 Others

Decentralized structured data startup Dirt Protocol has secured investments from major crypto venture players to build a blockchain platform for reliable data, the company announced July 11. Contributors to the funding round included well-known crypto industry names such as Pantera Capital and Barry Silbert’s Digital Currency Group, along with Coinbase co-founder Fred Ehrsam. A total of 15 venture partners and 11 angel investors participated, the startup reports. Dirt, which will use the $3 mln it raised to create its eponymous platform, seeks to deploy blockchain technology and a system of…

Pantera Invests $3 Million in Sharing Economy Token Origin

It can be said the sharing economy brought the internet into the real world, helping it move real items rather than just information. On today’s web, though, if you want to rent out your camera or desk, you need a specific site for each one (think Airbnb, 99 Designs or DogVacay), and each site takes a hefty cut from every sale. The founders at Origin, however, envision a world where entrepreneurs would build specific interfaces for each business area, all of which would share one giant pool of customers to…