VC-Backed Crypto Projects Face High Failure Rates—Study Reveals 45% Have Collapsed

A new study by Chainplay and Strorible reveals that nearly 45% of venture capital (VC)-backed crypto projects have shut down, and 77% fail to generate $1,000 in monthly revenue. Top-Tier VC Firms Not Spared Nearly half (45%) of venture capital (VC)-backed crypto projects have ceased operations, while 77% fail to generate $1,000 in monthly revenue, … Read more

Riot Hires Data Center Chief as Bitcoin Miner Ramps Up HPC and AI Hosting Plans

Riot Platforms (NASDAQ: RIOT) has appointed Jonathan Gibbs as its new Chief Data Center Officer (CDCO) as the company pushes deeper into high-performance computing (HPC) and AI hosting. This article is from Theminermag, a trade publication for the cryptocurrency mining industry, focusing on the latest news and research on institutional bitcoin mining companies. Gibbs, a … Read more

Gearbox Protocol Stages Strong Comeback as DeFi Credit Demand Reignites

The last few months have seen the spotlight of DeFi shine brightly on Euler Finance and Maple. But another player has been quietly making a notable return. Gearbox Protocol, long viewed as an innovative venue for leveraged credit strategies, has once again become very active in the DeFi space. What is now propelling Gearbox to … Read more