According to CoinDesk, Pantera Capital has raised $100 million for the launch of a new ICO hedge fund. The investment firm has long been involved in the blockchain and cryptocurrency industries, and they’re now looking to get involved in the $600 million ICO market.
According to Bleeping Computer, there was another ransomware attack that affected Ukraine last week, long before yesterday’s NotPetya attack. This strain of ransomware was called PSCrypt, and it is said to be the third major attack of its kind in Ukraine this month.
According to CoinDesk, Silicon Valley accelerator 500 startups is not currently getting involved with the ICO craze. Although the venture fund is interested in the ICO concept, they are currently limited by the types of investments they’re allowed to make with their investors’ money.
According to Bitcoin.com, Colombia has clarified its stance on Bitcoin. The country’s top financial regulator is said to have published a report about the digital currency last week.
According to Bloomberg, billionaire Michael Novogratz has claimed that cryptocurrencies could be worth more than $5 trillion in five years, but he believes these digital assets need to rid themselves of their shadowy image.
Featured image via Florian Plag.