FTX’s downfall will heighten the need for regulation but also pique long-term interest from venture capitalists looking to invest in decentralized finance (DeFi), according to Michael Anderson, co-founder of Framework Ventures. “It just seems obvious that DeFi is the only way that we can continue to do these types of financial services operations in the […]
The largest crypto exchange by volume (Binance) and the third largest crypto exchange by volume (FTX) faced off in recent days after Binance CEO Changpeng “CZ” Zhao tweeted that his exchange would slowly withdraw billions of its holdings in FTX’s native token, FTT, “due to recent revelations that have came to light.” But first, let’s […]
Bears hibernate during the coldest months, but there’s nowhere to hide from a bear market during a crypto winter. As the entire sector faces what looks to be a long stretch of uncertainty, young founders must find a way to keep the funds flowing. But how? This timely topic is why we’re thrilled that industry […]
Venture capital deal flow into cryptocurrency startups is going in the same direction as the cryptocurrency market cap: down. The total crypto market cap has fallen almost 59% from about $2.25 trillion at the beginning of the year to $923 billion at the time of publication, according to CoinMarketCap data. “Deal activity tracks very closely […]
