Robust crypto fundamentals pull through after May’s monthly red candle: Report
What are the current trends in VC investment in the crypto sector, and when will the bear market finally end? Go to Source Powered by WPeMatico
VC
Auto Added by WPeMatico
VC Darling Crypto Sui Makes Waves With Market Debut, Price Sinks 37% From All-Time High
A buzz has been generated around a new layer one (L1) proof-of-stake blockchain initiative named Sui, following the network’s mainnet debut on May 3, 2023. The native token SUI has been listed on various cryptocurrency exchanges, drawing attention to the project. On the same day the network launched, SUI peaked at $2.16 per unit, but … Read more
OPNX CEO scolds claimed backers after some deny investing in the firm
OPNX chief Leslie Lamb called out a number of venture capital firms on Twitter after some rushed to distance themselves from the company. Go to Source Powered by WPeMatico
Crypto VC funding hits 2-year low, US firms still favorite: Galaxy Research
Despite macroeconomic headwinds, a Galaxy Research report says activity could rebound in the second quarter of 2023 following recent crypto price increases. Go to Source Powered by WPeMatico
Dragonfly Capital invests $10M in Bitget amid industry recovery
The exchange currently facilitates cryptocurrency derivatives trading with an open interest of $2.4 billion and has plans to expand its spot trading, launchpad and Bitget Earn products. Go to Source Powered by WPeMatico
Reddit co-founder bought 50,000 Ether during pre-sale, for $15K
Alexis Ohanian is extremely bullish on cryptocurrency, even using the proceeds from his early Ether investment to found a crypto-focused venture capitalist firm. Go to Source Powered by WPeMatico
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? Go to Source Powered by WPeMatico
Web3 Blockchain Gaming Project Oasys Closes Strategic Funding Round With Participation of Galaxy Interactive and Nexon
Oasys, a Gamefi-oriented Web3 blockchain project, has announced it has closed a strategic funding round led by Galaxy Interactive, a VC firm, and Nexon, a gaming company. The round, whose numbers were not disclosed, will allow the company to enhance its ecosystem by expanding its pool of partners to take blockchain gaming to mainstream audiences. … Read more
Chinese VC loses $42M in crypto due to compromised mnemonic seed phrase
Bo Shen previously suffered another devastating hack to his personal wallet in 2016. Go to Source Powered by WPeMatico
Old Fashion Research Launches $100 Million Latam and Emerging Markets Crypto Metaverse Fund
A VC company founded by former Binance employees, Old Fashion Research, has announced the launch of a new crypto fund in the midst of the current downturn the market is facing. The fund, which will have $100 million at its disposal, will focus resources on metaverse investments and in carrying crypto projects to emerging markets … Read more
