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This week’s Crypto Biz looks at Binance’s ongoing efforts to curb declining profits, Ripple’s expectation that U.S. banks may soon adopt XRP and the first signs of venture capital returning to crypto. Go to Source Powered by WPeMatico
June rejected the three-month trend of rising venture capital investment into crypto, though that’s not necessarily a bearish signal. Go to Source Powered by WPeMatico
Speaking with Cointelegraph at the Collision Conference, in Toronto, crypto veteran Yat Siu outlined how crypto firms can cope with unique environments, stressing that it is not “as bad as it sounds”. Go to Source Powered by WPeMatico
Sequoia’s Alfred Lin stood up for the firm’s $213.5 million investment in the now-bankrupt crypto exchange FTX. Go to Source Powered by WPeMatico
May 2023 marked the second consecutive month of crypto VC activity growth, surpassing $1 billion in funding for the first time since September 2022. Go to Source Powered by WPeMatico
A tight regulatory environment in the United States coupled with soaring interest rates is forcing crypto companies to rethink their business strategies. Go to Source Powered by WPeMatico
Cointelegraph presents Pitch Room, where innovation meets opportunity. Go to Source Powered by WPeMatico
One of the world’s largest venture capital firms, Sequoia Capital, will split into U.S./Europe, India/SEA, and Chinese branches. Go to Source Powered by WPeMatico
The firm aims to fund startups building infrastructure for Web3 and other decentralized technology projects. Go to Source Powered by WPeMatico
Whampoa Group started its digital asset arm in 2021 and has invested in a $500 million Binance Labs fund along with TikTok parent ByteDance. Go to Source Powered by WPeMatico
