Crypto News Site The Block Sealed In $50M Deal As Foresight Ventures Takes Ch...
A recent Bloomberg report revealed that a Singapore-based investor, Foresight Ventures, is acquiring a majority stake in crypto news publication The Block. According to Bloomberg, this move comes after a series of leadership changes within the company and a desire to “distance itself” from a former CEO’s association with “clandestine loans” from Sam Bankman-Fried’s Alameda […]
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Foresight Ventures launches 200m Foresight Secondary Fund I to invest in private round crypto assets that are looking to access liquidity during current volatile market conditions. The fund is launched with Bitget Exchange as the largest single LP. Current market conditions have not diminished our long-term outlook on the development of the crypto market, we want to cooperate with investors and projects to help improve liquidity and price discovery during these uncertain periods. This fund aims to purchase unvested tokens, SAFTs and other illiquid forms of investments that are looking for....
The Foresight Ventures founding and partnership team includes veterans of some of the top financial and technology firms dedicated to sourcing and supporting the next generation of disruptive innovations across Web3. They believe the future is multi-chain and thus the chains that find product market fit will all need partners to help expand their ecosystems. They hope to become that partner, investing early and supporting their ecosystems by holding and providing resources for growth.
Tony Cheng, general partner from Foresight Ventures, recently joined the Bitcoin.com News....
It appears that the current crypto market turmoil is not affecting sports sponsorships. This is revealed from the recent sealed deal between Manchester City and OKX crypto exchange company. Manchester City is sitting strong on the current deal they have just sealed with the digital currency exchange firm OKX. The English Premier League (EPL) champions, […]
More than 30,000 crypto enthusiasts flocked to Miami for industry’s flagship annual conference Bitcoin 2022 in Miami was a rousing success as expected, with tens of thousands of crypto enthusiasts and industry luminaries descending on the city for the annual event, and Foresight Ventures was there for every thrilling moment as an event sponsor. Foresight Ventures had a number of goals it set out to achieve during the conference, including forming new partnerships and playing a part in guiding the next generation of Web3 companies toward success. These goals were all met and exceeded, and....
An event anticipated in the bitcoin community for years came and went last week with little fanfare and, a week later, little impact. At approximately 12:48 EST, the 420,000th block on the bitcoin blockchain was mined and sealed by F2Pool, one of the largest bitcoin pools, earning its members 12.5 BTC. This marked the second halving, and the first time a miner would receive the reduced subsidy. Programmed into bitcoin's code, a halving event is when the subsidy for miners securing the network is cut in half. When bitcoin creator Satoshi Nakamoto first released bitcoin, miners earned 50 BTC....