Morgan Creek Intends to Create $500 Crypto Fund

To realize this goal, Morgan Creek acquired a Full Tilt Capital venture company based in North Carolina
28 March 2018   494

The founder of Morgan Creek Capital Mark Yusko said that his company plans to raise $ 500 million of investment to create a new hedge fund focused solely on crypto-assets and other blockchain-based solutions. This is reported by CCN.

Morgan Creek believes blockchain to be one of the most powerful and valuable technologies to have been developed in the digital age and also believes that the disruptive power of the application of blockchain technology across all asset classes will create enormous investment opportunities.
 

Mark Yusko

Founder, Morgan Creek

To realize this goal, Morgan Creek acquired a Full Tilt Capital venture company based in North Carolina, which specializes exclusively in crypto assets investing.

According to managing partner of Full Tilt Anthony Pompliano, the new fund, perhaps, will be engaged in tokenization of real estate, as well as investments in debt and other types of assets. However, he does not rule out that, because of these areas of investment activity, the company may face regulatory difficulties.

If Morgan Creek successfully attracts $ 500 million, this amount will be approximately 25% of the total assets under the company's management, which will make the new hedge fund the largest in the cryptocurrecny market.

Bitcoin Cash Hardfork Implemented

Hardfork of a hardfork... just don't get confused in this crazy world of cryptocurrency
16 November 2018   118

Today, on November 15, a hardfork was implemented in the Bitcoin Cash (BCH) network. The first block in the Bitcoin ABC blockchain has mined a pool of Bitcoin.com.

The last “common block” was # 556,766, mined by SVPool. on which the protocol update was activated.

Bitcoin SV got its first block. Now we can definitely talk about the division of Bitcoin Cash into two competing blockchains. Roger Ver, right before the hardfork, said that his pool had sent a significant amount of power to mining Bitcoin ABC.

Bitfinex exchange announced the transfer of BAB and BSV coins to the accounts of BCH holders.

Poloniex converted all BCH balances into assets BCHABC and BCHSV. At the same time, the BCH market became unavailable. Instead, the BCHABC / BTC, BCHSV / BTC, BCHABC / USDC and BCHSV / USDC trading pairs appeared. I / O of BCHABC and BCHSV is not yet available, but will open when the network stabilizes.