ChainCatcher news, according to Fortune, cryptocurrency investment firm Metalayer has filed documents with the U.S. Securities and Exchange Commission (SEC) to establish a $25 million fund focused on investments in the cryptocurrency industry. Sources say that Metalayer completed its initial financing last Friday, securing $20 million in committed capital, and plans to raise the full amount by the end of this year.The three founders of Metalayer are all former executives of Two Sigma Ventures, including former head of digital assets Andy Kangpan. It is reported that Metalayer has invested in three companies, including the synthetic dollar project Ethena, the institutional-only exchange Crossover, and the blockchain clearinghouse Clear Token.Despite a decline in overall cryptocurrency venture capital activity, Metalayer's fundraising is still supported by executives from Two Sigma Ventures and other investors. Industry insiders believe that the establishment of this fund marks a continued warming of venture capital interest in the blockchain sector.

ChainCatcher news, the cryptocurrency investment company Cypherpunk Holdings listed on the Canadian Securities Exchange announced the appointment of Valkyrie co-founder Lead Weld as its President and CEO. According to a statement from the company, Wald has served as a member of the Cypherpunk board for nearly three years and will succeed the current CEO Antanas Guoga, who will remain as the company's chairman.

ChainCatcher news, the UK's Financial Conduct Authority (FCA) has issued a warning against a cryptocurrency investment company named Digital Assets Nest, stating that the company is promoting financial services without proper authorization, posing risks to investors.

ChainCatcher news, according to Techinasia, the Singapore High Court today rejected the liquidation application filed by U-Zyn Chua, the former Chief Technology Officer of Cake Group.In addition, besides ruling that there was no reason to shut down the cryptocurrency company, Commissioner Alex Wong added during the court hearing that it was inappropriate for U-Zyn Chua to seek liquidation as a quick fix when other remedies were available.

ChainCatcher news, according to Bitcoin.com, the operator of the cryptocurrency investment company Clé du Succès, based in the Central African Republic (CAR), has been accused of defrauding investors of approximately $1.6 million and has gone missing.It is reported that Clé du Succès is a formally registered company and has obtained a tax identification number, promising a 20% return on investment to attract potential investors. Hundreds of deceived residents of the Central African Republic, including lawmakers and senior government employees, are among the victims. The police have launched an investigation into the operations of Clé du Succès.