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The VC-dominated crypto funding model needs a reboot
15.12.2022
Venture capital firms have a tendency to dump tokens and collapse prices. Community-based funding models could fix the problem
Investors chase Web3 as blockchain industry builds despite bear market
9.12.2022
Cointelegraph Research asked top venture capitalists and industry professionals, “What is Web3, and what does it mean for the industry?”
Countries and institutions move into crypto despite market drop: Report
8.12.2022
November saw a reduction in BTC mining revenue for publicly traded miners, a decline in venture capital investment, and signals of Bitcoin going to $12,000
Paradigm releases 'Ethereum for Rust' to help ensure network stability
8.12.2022
A previous version of Ethereum for Rust had been released by Erigon in June, but the Erigon team stopped supporting it due to a lack of resources
Alameda Research invested $1.15B in crypto miner Genesis Digital: Report
3.12.2022
Sam Bankman-Fried was consulted on the capital injection, which was made before crypto prices plummeted
Korean VC Firm Daesung Private Equity Announces $83 Million Metaverse Fund
3.12.2022
Daesung Private Equity, a Korean venture capital firm, has announced the launch of a metaverse fund of 110 billion won ($83.5 million). The fund, which will have the participation of the Korean state represented by Korea Venture Investment Corporation’s Korea Fund of Funds, aims to...
FTX Bankruptcy Write Downs And Venture Capital Funding Data – What We Know So Far
2.12.2022
This time last year, venture capital (VC) firms couldn't get enough of FTX and Sam Bankman-Fried (SBF) – but since the November collapse of the crypto empire all that has changed.
As the full horror story of the corporate governance vacuum that was FTX and Alameda Research is revealed, many...
Thai VC fund acquires troubled exchange Zipmex for $100M: Report
2.12.2022
Zipmex reportedly plans to use crypto assets received from the acquisition to unlock frozen customer accounts on the platform by April 2023
Crypto fund investment still dominated by the United States: Database
28.11.2022
Crypto database shows that most firms are venture capital at 52.8%, followed by hedge funds with 44.3% and then private equity and mutual funds at 2.9%
Venture Capital Firm Sequoia Apologizes to Fund Investors for $150 Million Loss on FTX
23.11.2022
In a rare move, American venture capital firm Sequoia Capital reportedly apologized to its fund investors for the $150 million it had lost on the now-bankrupt crypto exchange FTX.
The apology was reported by the Wall Street Journal, citing people familiar with the matter. Sequoia’s partners...
zkSync developer Matter Labs raises $200M, commits to open-sourcing platform
16.11.2022
Over 150 projects, including Chainlink, Uniswap and Aave, have signaled their intent to deploy on the layer-2 blockchain
Paradigm co-founder feels 'deep regret' investing in SBF and FTX
16.11.2022
Some challenged whether the multi-billion dollar venture capital firm did enough due diligence on FTX prior to investment
Major VC Firm Sequoia Capital Marks FTX Investment to $0 — Says ‘Liquidity Crunch Has Created Solvency Risk for FTX’
10.11.2022
Venture capital giant Sequoia Capital is marking its investment in the embattled crypto exchange FTX down to $0. “In recent days, a liquidity crunch has created solvency risk for FTX,” the firm stressed, adding that “The full nature and extent of this risk is not known at this...
Egyptian Fintech Raises $31 Million in Series B Funding Round
10.11.2022
Moneyfellows, an Egyptian fintech startup specializing in digitizing money circles, recently announced the close of its Series B funding round that raised $31 million. The funds will be used to finance Moneyfellows’ expansion into other markets as well as accelerate the fintech’s...
FTX Exposure Limited, Says Venture Capital Giant Sequoia
10.11.2022
In a note to Limited Partners, Sequoia says it invested just over $200 million in FTX via two funds
Ramp, builder of crypto payment rails, raises $70M
9.11.2022
The company is building payment rails that could make crypto purchases as ubiquitous as Paypal transactions
Crypto Venture Capital Investment Slowed Further in October: JPMorgan
8.11.2022
The current pace of capital flows is less than one-third of 2021 levels
Founders should consider VC firms their allies as they build in the bear market
7.11.2022
Venture capital firms offer value to startups beyond simply cash. They also bring business experience, broad networks and critical services to the table
Bitpanda Founders Set Up Own Venture Capital Firm: Report
3.11.2022
The three founders of crypto exchange Bitpanda have set up their own venture capital firm, according to a report by The Block Thursday
Venture Capital Firm Paradigm To Host Crypto Tech Event on Capitol Hill
3.11.2022
The Hands On Web3 event aims to give policymakers a hands-on demonstration of the crypto technologies they could regulate