New York-based hedge fund, Fir Tree Partners, is launching a new fund that will focus on distressed crypto assets. The Fir Tree Digital Asset Opportunities Fund is set to launch on August 1st, according to an email seen by CoinDesk. The firm believes that digital assets are currently mispriced, dislocated, and complex, making it an ideal opportunity for them to capitalize on. Fir Tree has previously been involved in the crypto industry, having shorted Tether's USDT stablecoin and been in a legal dispute with bitcoin fund manager Grayscale.
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New York Hedge Fund Launches Distressed Crypto Asset Fund Amid Industry Turmoil
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Nobel laureate in economics: Stablecoins are “under-regulated” and governments could be forced to provide billions of dollars in bailouts if they collapse in a financial crisis
Jean Tirole, the Nobel Prize winner in economics, warned that the "lack of regulation" of stablecoins could force governments to provide billions of dollars in assistance if these tokens collapse in future financial crises. -
BTC falls below $111,000
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BitradeX Officially Enters CertiK Global Top 50 Rankings at 36th Place, Security Strength Receives Authoritative Recognition Again
AI cryptocurrency trading platform BitradeX has recently been officially listed by global leading security institution CertiK and ranks 36th on its trading platform security leaderboard, demonstrating the platform's continuous advancement in system security and compliance risk control. -
LazAI Shares Vision for AI × Blockchain Future
In an exclusive interview at #Nexus2140, Daniel Kwak, CCO of Metis and Head of Marketing at LazAI, introduced LazAI as a pioneering platform addressing data ownership, validation, and monetization in the AI era. -
NEXUS 2140 Enters Final Countdown: Global AI•Web3•Ecom Expo Set to Ignite in Korea
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BlockX.VC Makes Strategic Investment in TronBank.Pro, Expands into TRON Energy Finance
According to official sources, leading blockchain venture capital firm BlockX.VC has announced a strategic investment in TronBank.Pro, a TRON-based energy finance service platform. Both parties will jointly advance the development of TRON’s energy leasing, staking, and on-chain payment infrastructure. The funding from this round will primarily be allocated to the development of the TronBank Card payment tool, global community expansion, and the enhancement of on-chain security systems. BlockX.VC emphasized that TronBank.Pro is poised to become a key entry point in the TRON energy market, helping to improve transaction efficiency, lower user costs, and further promote the prosperity of the TRON ecosystem. -
BitradeX Token (BTX) Officially Listed on CoinMarketCap with Real-Time Market Data Now Available
The BitradeX platform token, BTX, has been officially listed on CoinMarketCap (CMC), the world’s leading digital asset market data platform. Starting today, users can access real-time BTX price, trading volume, market capitalization, and other key data on CMC, further enhancing BTX’s transparency and global market visibility. -
팬케이크스왑 CAKE·파이네트워크 커뮤니티, ‘CAKEPI 더블 마이닝’ 출범
글로벌 5,000만 여 명의 사용자를 보유한 파이네트워크(Pi Network) 커뮤니티와 세계 최대 DEX 팬케이크스왑(PancakeSwap-CAKE)과 함께 ‘CAKEPI 더블 마이닝’ 프로젝트를 공식 가동했다. 케이크 측은 이번 프로그램을 위해 5,000만~1억 달러 규모를 투자하여, 시세풀에 예치하였으며, 팬케이크스왑 거버넌스 토큰 CAKE의 활성화와 가치 제고를 노린다. -
JuChain's first ecological project Butterfly (BF) has skyrocketed by more than 20 times in 60 hours!
According to JuCoin's official disclosure, the first ecological project of JuChain's native L1 public chain, Butterfly (BF), was officially launched on May 16, 2025. With strong mechanism design and ecological empowerment, $BF achieved a 20 fold increase in just 60 hours of launch, stunning market performance and quickly becoming the focus of the industry. As of press time, $BF is reported at 0.135 USDT, and its popularity continues to rise. -
The JuCoin ecological project JuChain has been launched on the main network, and the public chain co construction summit will be held. The ecological debut protocol is Butterfly
Cointime News：JuCoin's self-developed public chain JuChain has been launched on the main network. The JuChain Public Chain Co construction Summit initiated by JuCoin will be held on May 15, 2025 in Bangkok, Thailand. The conference will release the first ecological agreement--
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