Report Shows Crypto Startups Raised $30.3 Billion in H1 2022, Exceeding Total Raised in 2021

Report Shows Crypto Startups Raised $30.3 Billion in H1 2022, Exceeding Total Raised in 2021While cryptocurrency markets have seen poor performances during the first two quarters of 2022, a recently published fundraising report authored by Messari researchers notes that $30.3 billion was raised by crypto projects and startups during the first half of 2022. The $30.3 billion raised across 1,199 fundraising rounds surpasses all the funding blockchain startups and […]

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Blossom Capital’s Newly Launched $432 Million Fund to Focus on Crypto Startups

Blossom Capital, the London-based venture capital firm founded by Candice Lo, Imran Ghory, Mike Hudack, and Ophelia Brown plans to dedicate more funds to the growing cryptocurrency ecosystem. On January 18, Blossom announced a new fund worth $432 million, and a third of the capital will be distributed to early-stage crypto firms. A Third of […]

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Blockchain and Crypto Startups Raise $2.6 Billion in Q1 of 2021— Figure Surpasses 2020 Total by $300 Million

Blockchain and Crypto Startups Raise $2.6 Billion in Q1 of 2021— Figure Surpasses 2020 Total by $300 MillionAccording to data analysis firm, CB Insights, about $2.6 billion was raised by some 129 blockchain-focused start-ups during the first quarter of 2021. This figure easily surpasses the $2.3 billion raised from a total of 341 deals that were seen in the whole of 2020. Large Capital Raising Rounds Dominate As noted by one report, […]

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Crypto-Centric VC Fund Lures in Billionaire Investor Paul Tudor Jones and Rapper LL Cool J

Crypto-Centric VC Fund Lures in Billionaire Investor Paul Tudor Jones and Rapper LL Cool JThis week the former Digital Currency Group (DCG) Vice President of Investments, Travis Scher, announced a $72 million crypto-focused venture capital fund backed by the billionaire investor Paul Tudor Jones and hip-hop star LL Cool J. The crypto VC fund was invoked by Scher, the private equity veteran Glenn Hutchins, and his son James Hutchins […]

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Estonia Revokes More Than 1,000 Crypto Firms’ Licenses This Year

Estonia Revokes More Than 1,000 Crypto Firms' Licenses This YearOver 1,000 cryptocurrency firms’ licenses have been revoked in Estonia this year as the country tightens the oversight of the crypto industry amid heightened money-laundering concerns. 1,000+ Crypto Firms Lost Their Licenses This Year The Estonian Ministry of Finance revealed Friday that the country’s Financial Intelligence Unit (FIU) has revoked more than 1,000 crypto companies’ […]

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The Daily: Crypto Startups Licensed in Poland, Dutch Bank Offers Coin Storage

The Daily: Crypto Startups Licensed in Poland, Dutch Bank Offers Coin StorageIn this edition of The Daily, the Polish financial watchdog has authorized two crypto companies to operate as payment service providers and a bank in the Netherlands now offers crypto storage to its clients. Also, recently leaked images show the long-awaited Samsung S10 may indeed come with a cryptocurrency wallet. Also read: Huobi Downsizes, New […]

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Crypto Bear Market Triggers Rise in M&A Activity

In 2018 there was a rapid decline in initial coin offerings, a slowdown in blockchain business launches, and a bearish crypto market. During this period, companies with good liquidity have been scaling up and strengthening by acquiring startups.  Also Read: Global Cryptocurrency M&As Rise  M&A Deal Frenzy in 2018 In 2017 the number of cryptocurrency and […]

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The Daily: Asian Crypto Jobs on the Rise, Colombia to Cut Taxes for Crypto Firms

The Daily: Crypto Jobs on the Rise in Asia, Colombia to Cut Taxes for Crypto FirmsThe number of jobs and job seekers in the Asian crypto space is growing, according to leading recruiters in the region. Also in The Daily, Colombia may soon become a crypto-friendly nation, California and Russia want to use blockchain tech for insurance and pensions, and Malaysians remain bullish on cryptocurrencies, despite market trends this year. […]

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Less Than Half of ICOs Survive Four Months After Sale, Study Finds

Less Than Half of ICOs Survive Four Months After Sale, Study FindsNew academic research has concluded that more than 50 percent of crypto projects raising capital through ICOs do not make it through to the fifth month after the token sale. The study also suggests that investors get the best return on their money if they sell the coins within the first month of trading, while […]

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