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Web3 VC Funding Takes a Nosedive: Crunchbase Data Shows 76% Drop
19.7.2023
Funding of Web3 firms from venture capitalists has dropped 76% in the second quarter this year as compared to the same quarter in 2022, Crunchbase data revealed.
Web3 firms raised just over $1.8 billion in the second quarter of 2023 as compared to $7.5 billion during the same period last year. ...
Polychain Capital Co-Leads $25M Fundraise for Manta Network Developer
19.7.2023
The cryptographic development project, p0x, received a valuation of $500 million
Blockchain Capital Leads $40M Round for Crypto Firm RISC Zero
19.7.2023
The startup creates developer tooling that helps build zero-proof software for improved security and computational power
Venture Capital Firm CoinFund Raises $158 Million to Drive Innovation in Early-Stage Crypto and AI Companies
19.7.2023
The crypto-focused venture capital firm CoinFund has closed a fundraising round for its latest VC fund, the CoinFund Seed IV Fund, after raising $158 million from investors.
The investors in the new fund are a combination of family offices, institutional investors and high-net worth individuals...
U.S. Presidential Candidate RFK Jr. Vows to Exempt Crypto From Capital Gains Tax if Elected
19.7.2023
Kennedy also reiterated a May stance defending the right to self-custody bitcoin, run blockchain nodes at home and promising industry-neutral energy regulation
Ex-FTX COO Constance Wang Joins Crypto Fund Sino Global
19.7.2023
Matthew Graham, Sino Global’s founder and CEO, was a close associate of Sam Bankman-Fried during FTX’s rise
Polychain Capital, Coinfund raise $350M for new crypto funds: Report
19.7.2023
Polychain Capital raised $200M for its newest fund while Coinfund raised a better-than-expected $152 million
Mantle’s MNT Token Outpaces Rival Layer 2 Blockchains Over Past 24 Hours
18.7.2023
After launching its mainnet on Monday, Mantle’s utility and governance token has jumped roughly 4%, more than the native tokens of Arbitrum and Optimism over the past day
Crypto VC Firm Polychain Capital Raises $200M for Fourth Fund: Fortune
18.7.2023
he crypto-focused firm has also cut three members of its research and development staff
Crypto Industry Turns to Customers Bank as Preferred Partner Amidst Collapse of Silvergate, Signature
17.7.2023
The US crypto industry has a new favorite banking partner, a small Pennsylvania-based called Customers Bank.
According to a Bloomberg article citing sources familiar with the matter, the bank is partnered with hundreds of crypto companies, with a wave of new clients coming in after the collapse...
Pantera Founder Dan Morehead Predicts Upcoming Bull Market: ‘We Can Rally Now’
15.7.2023
Dan Morehead, founder and managing partner of Pantera Capital, a digital assets investment hedge fund, has predicted an upcoming bull market for cryptocurrency. In Pantera’s latest letter, Morehead states that blockchain-related assets have started to decouple from market indexes and that...
Web3 VC Shima Capital Didn’t Slow Strategy for Crypto Winter
13.7.2023
The investor in early-stage crypto companies has remained one of the most active investors in the space despite a bear market and the collapses of FTX and three banks
Microstrategy's Stock Poised to Benefit from Bitcoin Halving, Berenberg Predicts
11.7.2023
Berenberg Capital has revealed its bullish case for Michael Saylor's Microstrategy ahead of the upcoming Bitcoin (BTC) halving event.
In a recent research note, the investment firm said the Bitcoin halving, scheduled for April 26, 2024, serves as the primary driving force behind the firm's...
Child-Focused Egyptian Fintech Startup Secures $1.5 Million in Funding
11.7.2023
Egyptian fintech startup Masroofi recently raised $1.5 million through an investment round supported by unnamed investors. The capital raise came shortly after Masroofi’s co-founders reportedly rejected a funding offer from investors in the “Shark Tank” program. Investors Drawn...
India Poised to Leapfrog Major Economies, Becoming World’s Second-Largest by 2075, Goldman Sachs Report Predicts
11.7.2023
In a recent report, Goldman Sachs Research details that India is set to outpace Japan, Germany, and the U.S. to become the world’s second-largest economy by 2075. The financial institution’s researchers predict a dramatic expansion in India’s gross domestic product. Economic...
Bitcoin halving bullish for Saylor’s MicroStrategy: Berenberg Capital
11.7.2023
Analysts predict that Bitcoin’s next pre-halving rally could begin in the next four months
Distressed Crypto Specialist Thomas Braziel Sets Up Investment, Advisory Firm
10.7.2023
The company, 117 Partners, will be a hybrid between advisory and investment, said Braziel
Voyager Digital Sees $250 Million in Net Outflow Since Resuming Withdrawals
10.7.2023
Bankrupt crypto lender Voyager Digital has seen more than $250 in net outflow since it resumed withdrawals on June 23, a year after it filed Chapter 11 and halted withdrawals.
As per data from Dune Analytics, the platform currently holds $176 million worth of cryptocurrencies.
Voyager Digital...
Three Arrows Capital Liquidator May Try to Claw Back About $1.2B From DCG, BlockFi
7.7.2023
A July 7 report from Teneo, the hedge fund’s liquidator, described the potential claims
What is the ZK industry up to? Rollups, multichain bridges and VCs
6.7.2023
As an emerging technology, how can zero-knowledge proofs remedy many issues across the crypto space?