FTX’s debtors are applying “Herculean” effort to unearth the exchange’s remaining assets. Meanwhile, Sam Bankman-Fried claims FTX US is solvent.
Former FTX US president raises $5M for new crypto software firm
Brett Harrison departed FTX US roughly two months before FTX Group filed for bankruptcy, citing “cracks” in his relationship with SBF.
Crypto could solve venture capital’s due diligence problem — VC exec
Due diligence has always been an issue in the venture capital space according to a VC executive, but crypto offers a solution: A public and immutable ledger.
Deal Box launches $125M blockchain and Web 3 venture fund
The firm previously specialized in tokenizing equity and bond issuance for startups.
Blockchain industry shows signs of stabilizing in 2023: Report
December continued to see Bitcoin trade below its 50-, 100- and 200-day moving averages, but stabilization in the DeFi sector is flashing positive signals at the start of 2023.
FTX collapse may boost ‘further trust’ in crypto ecosystem — Nomura exec
Jez Mohideen, co-founder and CEO at Laser Digital, argued that traditional financial companies entering the crypto space will help to regulate the industry.
2023 could be a rocky year for crypto venture investments: Galaxy Research
Around $30 billion was invested into crypto and Web3 startups in 2022, but will it be repeated this year?
Top crypto funding stories of 2022
2022 was a record-breaking year for blockchain and crypto VCs. Depending on who you ask, that’s either a good thing or a bad thing.
Blockchain VC funding surpasses 2021 total despite declining since May
After a tumultuous year in crypto, investors are now more selective with their funding.
The VC-dominated crypto funding model needs a reboot
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
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
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.
Alameda Research invested $1.15B in crypto miner Genesis Digital: Report
Sam Bankman-Fried was consulted on the capital injection, which was made before crypto prices plummeted.
Thai VC fund acquires troubled exchange Zipmex for $100M: Report
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
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%.
zkSync developer Matter Labs raises $200M, commits to open-sourcing platform
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
Some challenged whether the multi-billion dollar venture capital firm did enough due diligence on FTX prior to investment.
Ramp, builder of crypto payment rails, raises $70M
The company is building payment rails that could make crypto purchases as ubiquitous as Paypal transactions.
Founders should consider VC firms their allies as they build in the bear market
Venture capital firms offer value to startups beyond simply cash. They also bring business experience, broad networks and critical services to the table.
Celo ecosystem projects raise $77.3M in support of interoperability, ReFi
The Celo blockchain supports mobile-first DeFi payment infrastructure. Several companies building on the platform have received venture funding.