New $20M fund eyes blockchain gaming and NFTs
Web3 venture capitalists will look to invest in blockchain gaming and collectibles projects through a new $20 million fund. Go to Source
Venture Capital
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Crypto grants foster innovation amid venture capital exodus
Alternative funding options, such as grant programs, have grown in popularity as the bear market continues to slash venture capital from the crypto industry. Go to Source
Kraken Ventures to raise $100M in second fund with focus on ‘early stage founders’
The organization will also reserve a “significant portion” of the fund for follow-on investments and long-term entrepreneurial support. Go to Source
How to become a ‘Blockchain Radical,’ according to podcaster Joshua Dávila
Despite its libertarian reputation, author and podcaster Joshua Dávila, aka The Blockchain Socialist, believes crypto is for everyone — including the Left. Go to Source
Temasek, Sequoia Capital, Softbank and 15 VCs face lawsuit for “abating” FTX fraud
The lawsuit alleged that these VC firms made many deceptive and misleading statements about FTX while encouraging customers to invest in the exchange for their personal gain. Go to Source
Crypto Biz: Binance slashes costs, Ripple ready for US banks and crypto VCs return
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
Crypto VC funding tumbles as economic uncertainty scares off investors
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
Crypto VC is struggling only from a North American perspective — Animoca Brands CEO
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 partner says investing in FTX was the right move: Report
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
Crypto VC market flashes green amid macroeconomic recession alarms
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
