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Nalezeno "$10B": 75

Crypto VC Deals in 2023 Plunged 70% on Funding Constraints


Crypto venture capital (VC) funding dropped 70% in 2023, securing only about $10b in deal value. That’s a drop from nearly $32b in 2022, which had nearly 90% more deals. Galaxy Digital published a report Wednesday showing venture deal activity in the crypto sector last year. It revealed...

Terra’s USD 10B Bitcoin Bet May be Both a Curse and a Blessing


  Terra (LUNA) founder Do Kwon’s plan to partly back the stablecoin UST with bitcoin (BTC) is causing both excitement and concern in the community, with some fearing what could happen to the bitcoin market if Terra faces problems with trust or liquidity. The plan to back UST with BTC has been...

Bitcoin Inches Higher as Terra Starts Implementing Its USD 10B BTC Plan


  Following Terra’s announcement in February that it would partly back its stablecoin UST with bitcoin (BTC), the market has been waiting for clues that Terra is in fact following up on its promise and buying BTC. An indication that the stablecoin protocol is following through with its plan came...

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