Multicoin Capital has raised $100 million for its second venture fund focused on cryptocurrencies, tokens and blockchain startups. Founded in 2017, the New York-based firm manages both a hedge fund and a VC fund, allowing it to invest up to $100 million in certain deals. The firm has also promoted three to partner, including Matt Shapiro, Mable Jiang and John Robert Reed. Multicoin’s portfolio...
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Let’s Talk About Jack Dorsey
Well, it’s been a minute since Jack Dorsey has been in the news. But lest you think that Elon Musk—and Congress’s favorite punching bag, TikTok—get all the fun, today short seller Hindenburg Research sent Block’s stock down 15% with a report saying the payments company, formerly known as Square, had been inflating its user metrics by serving criminals with shady “Wild West compliance.”You can...
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