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Dappradar: Metaverse Projects Command 43.68% of the Web3 Investments in 2023
4.7.2023
While metaverse and virtual world projects have nosedived, a recent report of Dappradar, a Web3 tracking site, has revealed that venture capital firms have invested $707 million in these projects since the start of 2023. This means that, even when the metaverse narrative was substituted by meme...
Tim Draper Adjusts Timeframe for His $250K Bitcoin Price Forecast
3.7.2023
Venture capitalist Tim Draper has adjusted his projected timeframe for bitcoin’s price to reach $250,000. Maintaining an optimistic outlook, Draper still expects the world’s largest cryptocurrency to reach his predicted price target but acknowledged that it may take “a little...
Crypto VC is struggling only from a North American perspective — Animoca Brands CEO
30.6.2023
Speaking with Cointelegraph at the Collision Conference, in Toronto, crypto veteran Yat Siu outlined how crypto firms can cope with unique environments, stressing that it is not "as bad as it sounds"
Crypto offers Africans a ‘lifeline’ from inflation and corruption, say execs
30.6.2023
Chris Maurice, founder and CEO of crypto exchange Yellow Card said in Africa, crypto isn't the "casino" that it can sometimes feel like in the West
Report: FTX Management Seeks Investors to Revive Defunct Crypto Exchange; Exchange Token FTT Surges
29.6.2023
FTX management is actively seeking potential participants to revive the formerly defunct crypto exchange, as reported by sources knowledgeable about the situation. CEO John J. Ray III and other FTX executives have reportedly engaged in preliminary discussions with prospective investors, who could...
Mind Network Secures $2․5 Million in Initial Funding From Binance Labs and Other Prominent Venture Capitalists
29.6.2023
PRESS RELEASE. Mind Network, an innovative platform leading the way in data security and privacy within the Web3 ecosystem, is delighted to announce the successful completion of its initial funding round, raising $2.5 million. Binance Labs, Comma3 Ventures, SevenX Ventures, HashKey Capital,...
Silicon Valley: The Mecca for Venture Capital May Be Cooling on Crypto
27.6.2023
The storied birthplace of the U.S. tech industry is dripping with talent and money. But crypto founders who live in the No. 8 spot on CoinDesk’s Crypto Hubs 2023 list say that Web3 is losing ground to artificial intelligence in the race to capture the Valley's wallets and minds
Sequoia partner says investing in FTX was the right move: Report
23.6.2023
Sequoia’s Alfred Lin stood up for the firm’s $213.5 million investment in the now-bankrupt crypto exchange FTX
Crypto VC market flashes green amid macroeconomic recession alarms
20.6.2023
May 2023 marked the second consecutive month of crypto VC activity growth, surpassing $1 billion in funding for the first time since September 2022
Cointelegraph Accelerator welcomes Web3 venture builder GAMI as a strategic partner
19.6.2023
GAMI, a Web3-focused Venture Builder, hosts a variety of products tailored to the web3 and blockchain world, with partners like Gerard Lopez, a globally renowned entrepreneur and investor
Crypto Biz: Crypto outflows surge, a16z’s UK office, and the silent altcoins ban
16.6.2023
A tight regulatory environment in the United States coupled with soaring interest rates is forcing crypto companies to rethink their business strategies
DeFi Credit Protocol Concordia Raises $4M in Round Led by Tribe, Kraken
16.6.2023
Concordia, now live in public testnet on Aptos, offers a multi-chain risk and collateral management platform for digital assets
Mick Mulvaney-Linked Astra Protocol Faces Investor Backlash Over ‘Severely Deficient Communication’
15.6.2023
Astra Protocol, provider of Web3 compliance solutions, previously had a dispute with investor Republic Crypto over an alleged token sale
Salesforce Leads $6M Round for AI-Backed Web3 Data Platform Mnemonic
14.6.2023
The startup provides actionable non-fungible token (NFT) data for enterprises and developers
VC Company A16z Expands to London to Take Advantage of Friendly Web3 Regulation
14.6.2023
A16z, a tech-focused venture capital company, has announced that it will open its first office in London to take advantage of the friendly regulatory environment in the U.K. Prime Minister Rishi Sunak stated he was thrilled about this expansion and that the U.K. would continue to embrace...
Cardano Developer IOG Restructures to Venture Studio Model, Lays Off Some Staff
12.6.2023
The blockchain research and engineering company has cut jobs as it pivots to a smaller venture studio business model
Curve Finance CEO Egorov Sued by 3 DeFi-Focused Venture Capital Firms
9.6.2023
Michael Egorov, the CEO of decentralized finance (DeFi) firm Curve Finance, is being sued for fraud by venture capital firms ParaFi Capital, Framework Ventures and 1kx in the U.S
Cointelegraph Pitch Room launched, bridging promising projects to quality investors
7.6.2023
Cointelegraph presents Pitch Room, where innovation meets opportunity
El Salvador’s Bitcoin Mining Industry Sees Tether Join its $1 Billion Venture
6.6.2023
After the massive losses that followed the collapse of the crypto exchange FTX, users lost confidence in lending, custody, and cryptocurrency service providers.
The fear of losing assets, as with FTX, plagues people's minds after the commotion.
Some experts believe it will take a while...
Sequoia Capital announces three-way split to separate China business
6.6.2023
One of the world’s largest venture capital firms, Sequoia Capital, will split into U.S./Europe, India/SEA, and Chinese branches