Dragonfly Capital, a crypto venture capital firm, has completed fundraising for its fourth fund.

The blockchain-focused venture capital fund raised $650 million, one of the largest raises in the sector, a Coindesk article stated.

“We just closed Dragonfly Fund IV at $650 million. It’s a big milestone, and yet, it’s a weird time to celebrate. Spirits are low, fear is extreme and the gloom of a bear market has set in,” Haseeb Qureshi, managing partner at Dragonfly wrote in a post on X.

Qureshi noted that Dragonfly has typically raised funds in a bear market. In 2018, the firm raised Fund I through the ICO winter, “when almost nobody believed in this space anymore.” The firm also raised its…

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According to Bitwise Invest advisor Jeff Park, China may be seeing “capital flight” into crypto.

Is Chinese Capital Entering Quietly?

Recent 13F filings show Laurore Ltd., a previously unknown Hong Kong–based firm, as a major holder of BlackRock‘s iShares Bitcoin Trust (NASDAQ:IBIT).

The filer is listed as “Zhang Hui,” a common Chinese name.

Laurore has no website, public profile or operating history.

Its structure, likely based in the Cayman Islands or British Virgin Islands, resembles a typical offshore vehicle used to access U.S. markets.

Notably, the firm reports holding just one asset: a $436 million position entirely in IBIT. That suggests it may have been created specifically to…

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World Liberty Financial (CRYPTO: WLFI) surged 17% as Goldman Sachs (NYSE:GS) CEO David Solomon and NYSE President Lynn Martin spoke at the inaugural World Liberty Forum at Mar-a-Lago, signaling Wall Street’s embrace of tokenization.

The Goldman Revelation

Solomon revealed he owns “very little, but some” Bitcoin (CRYPTO: BTC), describing himself as an observer still trying to understand how it moves. 

However, he dismissed the idea that traditional banks and crypto are locked in a zero-sum fight.

“It’s one system, it’s our system,” Solomon said. “We have to do it the right way, and there’s going to be disagreements and that’s OK,” he added.

Solomon pointed to…

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Andreas Halvorsen’s Viking Global, just made a bold move into one of crypto’s most volatile corners. In the fourth quarter of 2025, the hedge fund initiated a new $157 million position in Riot Platforms Inc (NASDAQ:RIOT), signaling rising conviction that the crypto bull cycle still has room to run.

Bitcoin (CRYPTO: BTC) miners like Riot are widely viewed as leveraged bets on Bitcoin itself. Their revenues and margins expand rapidly when Bitcoin prices rise, often allowing miner stocks to outperform the underlying asset during bullish phases.

Viking’s decision to build a sizable position suggests the firm sees continued upside in crypto prices and institutional adoption.

Leveraged Bitcoin… Read more on Benzinga

Peter Thiel and his Founders Fund have completely exited their position in ETHZilla Corporation (NASDAQ:ETHZ), according to an amended Schedule 13G filed Tuesday with the U.S. Securities and Exchange Commission.

The filing, signed by Thiel on Tuesday, shows all reporting entities associated with the Founders Fund now hold 0.0% of ETHZ common stock as of Dec. 31.

A Full Exit Across All Entities

The SEC filing lists six reporting persons linked to the exit: FF Consumer Growth II, LP; The Founders Fund Growth II Management, LP; FF Upper Tier GP, LLC; FF Consumer Growth, LLC; The Founders Fund Growth Management, LLC; and Thiel individually. Each entity reported zero shares in sole voting power,…

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CryptoQuant founder Ki Young Ju says a future quantum computing breakthrough could force Bitcoin (CRYPTO: BTC) into a difficult choice: upgrade aggressively — or risk large amounts of BTC being stolen.

Quantum Attack Or Coin Freezing?

Ki Young Ju argues that freezing vulnerable coins, including roughly 1 million BTC attributed to Satoshi Nakamoto, may ultimately be the safest path if quantum threats become real.

Bitcoin’s current security relies on classical cryptography (ECDSA), which is effectively unbreakable with today’s computing power.

However, sufficiently advanced quantum computers could theoretically derive private keys from exposed public keys.

Once a public key has been revealed…

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