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Tag Archives: Business News

DeFi-focused Hedge Fund Edge Capital Management Raises $66.8M

Edge Capital has very little information about its products but markets itself as an alternative investment manager specializing in digital assets and DeFi protocols.According to SEC filings, Edge Capital Management LLC, Florida-based decentralized finance (DeFi) focused hedge fund, has raised a total of $66.8 million in two separate fundings. Reportedly, the firm raised one offshore fund in the Cayman Islands from eight investors for a total of $38.6 million. On the other hand, the company...

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Musk Plans to Cut 75% Off Entire Twitter Workforce

Amid rumors of the cut, Twitter lawyer Sean Edgett sent a note to employees that there is no confirmation that Musk wants to lay off a large part of the entire workforce.Twitter may be forced to operate with a fraction of its workforce as Elon Musk moves ahead in his plan for a leaner platform. Previously, there were rumors that Tesla CEO Elon Musk, who has made an offer to buy Twitter, would lay off some of the social media company’s workers. The billionaire hinted at the possibility if he...

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