Hashed – Ƀitsell X

South Korea’s Leading Crypto Venture Made 29 Investments in 2023, Allocating $28.44 Million in Total

December 27, 2023

Source: Pixabay Hashed, South Korea’s largest crypto venture, has invested 36.8 billion won ($28.44 million) in blockchain projects this year. Despite the challenges faced during the prolonged crypto winter, Hashed successfully forged numerous new investments in blockchain infrastructure and gaming projects throughout the year, according to a recent report from Econovill. The focus was primarily on…
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Ramping up Blockchain Education Can Help Make South Korea the World’s Crypto Leader, Says Hashed CPO Edward Hong

August 31, 2023

According to Edward Hong, the chief platform officer (CPO) at the early-stage venture firm Hashed, South Korea’s decision to delay putting in place a comprehensive crypto regulatory framework seems to be more of a strategic move rather than hesitation. Hong insisted that the perceived delay helps to ensure that South Korea’s regulatory regime will be…
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Key witness called to testify at Terra parliamentary inquiry is a no-show

October 25, 2022

Kim Seo-joon’s company Hashed had $3.6 billion wiped since Luna Classic’s April high — with the mental effects of the Terra collapse hospitalizing Seo-joon since July. The CEO of venture capital firm Hashed and early Terra (LUNC) investor Kim Seo-joon has cited “extreme stress” following the Terra crash as the reason for his no-show at…
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Web3 and Crypto Checking Account Startup Juno Raises $18M, Airdrops Reward Token JCOIN

October 1, 2022

Juno, the Singapore-based Web3 crypto firm that offers customers checking accounts tied to crypto assets, has raised $18 million in a Series A financing round led by Parafi Capital. The fresh capital follows the startup’s seed round in 2019 when Juno raised $3 million from investors. Juno Raises $18 Million in a Funding Round Led…
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Shopify Not Allowed to Pause Crypto-related Lawsuit, UAE Company Partners with Binance to Accept Crypto + More News

August 29, 2022

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________… Read More: Shopify Not Allowed to Pause Crypto-related Lawsuit, UAE Company Partners with Binance to Accept Crypto + More News Read more »Sign up for e-EUR – the progressive stablecoin

Terra fallout: Stablegains lawsuit, Hashed loses billions, Finder wrong and more…

May 20, 2022

Yield generation app Stablegains is facing a lawsuit after losing around $44 million worth of user funds in the Terra collapse when it previously said it allocated funds “across a number of stablecoins”. Fallout from the collapse of the Terra ecosystem continues to unfold with the United States-based yield generation app Stablegains facing potential legal…
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South Korea to invest $187M in national Metaverse project

February 28, 2022

The government will provide $186.7 million to stimulate the growth of a Metaverse platform that it hopes businesses and industry will thrive in. South Korea’s Ministry of ICT, Science, and Future Planning pledged 223.7 billion KRW ($186.7 million) to create a broad Metaverse ecosystem to support the growth of digital content and corporate growth within…
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Korean crypto investment firm Hashed reportedly under tax investigation

December 7, 2021

South Korea’s tax agency is looking into crypto investment firm Hashed according to local media. Crypto investment firm Hashed is currently under investigation by the National Tax Service (NTS) in South Korea according to local media. The 4th Bureau of Investigation from the Seoul Regional Tax Office, which is handling the investigation, is best known…
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Korean Incubator Hashed Raises $200 Million for Web 3.0 Investments

December 3, 2021

Hashed, a Korean blockchain VC firm, has announced the launch of Hashed Venture Fund II, a new fund that will focus on investing in Web 3.0-based startups. The fund raised $200 million for these investments, and while the company did not disclose those who participated, it did announce it will be scaling operations to have…
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Korean crypto ‘Jedi Master’ plans to launch second VC blockchain fund

September 8, 2021

Blockchain VC investment firm Hashed is seeking $173 million for a second fund. One of South Korea’s leading blockchain evangelists is embarking on another huge blockchain fundraise following the success of his first. Simon Seojoon Kim is planning to raise $173 million for a second blockchain fund following the success of the initial one which…
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