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Billionaire Tim Draper Urges Sri Lanka to Adopt Bitcoin — Central Bank Says ‘We Don’t Want to Make the Crisis Worse’
5.2.2023
Billionaire investor and venture capitalist Tim Draper has reportedly attempted to convince the Sri Lankan government to adopt bitcoin. However, the governor of the Central Bank of Sri Lanka rejected his recommendation, emphasizing: “Adoption of 100% bitcoin won’t be a Sri Lanka...
Why Venture Capitalists Won’t Be Held Accountable for Investing in FTX
1.2.2023
As impossible as it is to believe that venture capital funds did proper due diligence on mismanaged and allegedly fraudulent FTX, the inherent risk of early-stage investing makes regulatory change unlikely in the fallout
Crypto Biz: A peek into BlockFi’s secret financials (it’s not pretty)
27.1.2023
How much exposure does BlockFi have to Sam Bankman-Fried failed enterprises? A lot, according to accidentally leaked financials
DCG companies laid off over 500 employees as contagion spreads
25.1.2023
Cryptocurrency exchange Luno fired 330 employees on Jan. 25, joining other DCG companies in cutting headcount
Venture capital investments into blockchain continue to free-fall: Report
25.1.2023
Q4 2022 saw investment capital inflows of $2.3 billion, continuing the trend since April sparked by the collapse of Terra and subsequent fallout
Injective launches $150M ecosystem fund to boost DeFi, Cosmos adoption
25.1.2023
“DeFi has proven to be a resilient and reliable option for users in the face of the overarching CeFi collapse in 2022,” said Eric Chen, CEO of Injective Labs
Blockchain developer QuickNode raises $60M at $800M valuation
24.1.2023
Like other blockchain developers, QuickNode is pivoting sharply into Web3 — a sector that has attracted keen venture capital interest
FTX VCs liable to ‘serious questions’ around due diligence — CFTC Commissioner
21.1.2023
The lack of recordkeeping of FTX coupled with “an auditor no one’s ever heard of” forces the CFTC to ask questions about the mindset of the institutional investors
Former FTX President Launches New Crypto Venture, Raises $5 Million From Leading Investors
20.1.2023
Less than a week ago, Brett Harrison, the former president of FTX US, published a 49-part Twitter thread describing his side of the story when he worked for the disgraced co-founder of FTX, Sam Bankman-Fried (SBF). On Friday, Jan. 20, 2023, Harrison revealed that his new firm, Architect, has raised...
Crypto Biz: SBF’s newest Excel spreadsheet reveals all
20.1.2023
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
20.1.2023
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
20.1.2023
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
First Mover Asia: FTX’s Illiquid Holdings Filled With Tokens That Sit in Venture Funds in Which It Invested; Bitcoin Falls Below $21K
19.1.2023
A good portion of FTX's illiquid tokens can be found on the balance sheet of funds, including Sino Global and Multicoin Capital. FTX invested in these funds, and their names often appear alongside FTX as co-investors in projects
Deal Box launches $125M blockchain and Web 3 venture fund
18.1.2023
The firm previously specialized in tokenizing equity and bond issuance for startups
Africa Web3 games publisher Carry1st raises $27M
17.1.2023
VC firms Bitkraft Ventures and Andreessen Horowitz participated in the funding round, which aims to advance Web3 gaming in Africa
Tony Cheng, Managing Partner at Foresight Ventures, on Crypto Venture Capital and Investing in 2023 | Ep. 196
17.1.2023
In an exclusive interview with cryptonews.com, Tony Cheng, Managing Partner at Foresight Ventures, talks about investing in China, investment trends of 2023, and various ways where the VC landscape changed in 2022....
Read More: Tony Cheng, Managing Partner at Foresight Ventures, on Crypto Venture...
A Large Crypto Market Maker Is Already Distancing Itself From New 3AC Venture
16.1.2023
The co-founders of bankrupt 3AC think they can 'dominate' the crypto claims market, eventually 'fill the power vaccum left by FTX'
Blockchain industry shows signs of stabilizing in 2023: Report
12.1.2023
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
Arkhia embarks on a new venture with Pangolin to strengthen the Hedera network
10.1.2023
Arkhia is actively boosting and providing added thrust to the existing quality and accessibility of data on the Hedera network. On the anvil happens to be backing for some other networks also. Pangolin, in the meantime, will be utilizing the entity’s middleware dependability for gaining access...
Galaxy Digital's Head of Research Sees More Venture Funding for Web3 Firms This Year
9.1.2023
The crypto-native financial-services firm found that crypto VC funding in 2022 reached its second highest year, with Web 3 and trading based platforms leading a majority of those efforts