SkyBridge Capital’s fund suspends withdrawals because of stocks, crypto decline

Former White House Communication Director Anthony Scaramucci’s fund management firm SkyBridge Capital suspended withdrawals in one of its funds with exposure to crypto assets like Bitcoin (BTC) and Ethereum (ETH), Bloomberg News reported. According to the report, the affected fund is Legion Strategies. The decision was made because of the sharp decline in the values…

Scaramucci raises $100 million to invest in Algorand (ALGO) fund

Algorand (ALGO) is all set to get institutional custodian support via Copper Copper, a crypto custodian firm, has revealed that it will now be offering support to ALGO, the token of Algorand blockchain, and its other product, better known as Algorand Standard Assets (ASAs). 2 min read →