Fund News: Sanctor Capital Raises $20M, Hutt Capital Closes $23.4M

Blockchain-based investment firms continue to gain capital as 2021 nears an end.


Blockworks exclusive Art by Axel Rangel



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    Kwenta: Perpetuals Powered by Synthetix


    Kwenta is a decentralized exchange built on Optimism and powered by Synthetix that allows users to trade perpetual futures with up to 25x leverage.



    The 30-day correlation coefficient for bitcoin and QQQ, the tech-heavy ETF known as the Qs, sat at -0.75 on Friday.


    Kraken plots laying off more than 1,000 people amid “negative influences on the financial markets”


    Binance CEO Changpeng Zhao said his exchange would be freezing withdrawals related to the recent hack


    Galaxy is hoping to use the firm’s custody solutions as the company develops its prime offering for institutional investors


    Bankless is dipping its toes into the creation of DeFi tools under a new business vertical


    Obtaining a New York BitLicense was already considered prohibitively expensive, but the regime looks set to cost crypto companies even more