Fun

News Feed - 2023-10-06 12:10:49

Zhiyuan Sun8 hours agoCrypto VC funding falls to 3-year lows as market rout continuesVenture capitalists are doing fewer deals, and the average deal size is getting much smaller, according to researchers.3363 Total views22 Total sharesListen to article 0:00NewsJoin us on social networksStartup funding in the crypto industry has fallen back to Q4 2020 levels amid the ongoing bear market. 


According to an Oct. 5 report by blockchain analytics firm Messari, a total of $2.1 billion was raised by crypto startups across 297 deals in Q3 2023, down 36% from the previous quarter and nearly 70% from Q3 2022.


Seed funding accounted for the largest fundraising category, with $488 million raised over 98 deals. “Trends in deal counts show a significant shift away from later-stage projects and into early-stage projects over the last three years,” researchers wrote. Less than 1.4% of deals involved companies at the Series B round or later.Crypto VC funding has been on a decline since Q2 2022. Source: Messari


Meanwhile, strategic financing rounds rose sharply from 0.2% of total deal share in Q4 2021 to over 22% as of Q3 2023. The highest private equity round during the quarter was a $200 million investment into United Arab Emerites-based Islamic Coin from family office Alpha Blue Ocean’s ABO Digital. Messari stated:“Harsh market conditions are forcing projects to raise short-term bridge rounds or ultimately get acquired by larger projects.”


Despite regulatory uncertainty, 54% of all active venture capital investors were from the United States, more than the rest of the world combined. Investors’ appetites have also shifted from user-facing applications to blockchain infrastructure, with the latter consistently outperforming the former in funding for the past three months.


“However, this trend may not last for long as more investors are beginning to realize that without successful user-facing crypto applications, infrastructure investments are less likely to generate their desired returns,” researchers wrote.


Magazine: Minecraft bans Bitcoin P2E, iPhone 15 & crypto gaming# Blockchain# Cryptocurrencies# Research# Business# Funding# Venture CapitalAdd reactionAdd reactionRead moreWhat are NFT royalties, and how do they work?Macro factors to spark next crypto bull market in Q2 2024, Real Vision’s Raoul Pal saysHow will CBDCs be used for political oppression in your country?

News Feed

Price analysis 4/3: BTC, ETH, BNB, SOL, XRP, ADA, DOGE, AVAX, SHIB, TON
Rakesh Upadhyay6 hours agoPrice analysis 4/3: BTC, ETH, BNB, SOL, XRP, ADA, DOGE, AVAX, SHIB, TONBitcoin is likely to remain range-bound for a few days as the bulls and the bears battle it out for supremacy before the ha
Binance integrates USDT on Toncoin Network, opens transactions
Josh O"Sullivan20 minutes agoBinance integrates USDT on Toncoin Network, opens transactionsUsers can now deposit and withdraw USDT on the Toncoin Network via Binance, enhancing liquidity and reducing transaction fees.138
Institutional DeFi players will bring commercial real estate onchain: KPMG exec
Brayden Lindrea3 hours agoInstitutional DeFi players will bring commercial real estate onchain: KPMG execDeFi activity from institutions would be more “permissioned” as market participants will want to know who they
South Africa Proposes 30 Rules to Regulate Cryptocurrency
South Africa Proposes 30 Rules to Regulate CryptocurrencySouth Africa’s top financial regulators, including the South African Reserve Bank, have jointly released a policy pape
Ezra Reguerra22 minutes agoSecurity firm dWallet Labs flags validator vulnerability that could affect $1B in cryptoValidator service provider InfStones disagreed and told Cointelegraph that “nothing close to $1 billion
VC Roundup: Web3 infrastructure, ‘tokenization of everything’ drawing investors
Ana Paula Pereira2 hours agoVC Roundup: Web3 infrastructure, ‘tokenization of everything’ drawing investorsFunding for crypto startups rose to over $1 billion in April, with investors focusing on tokenization, Web3 i
Canadian Regulator Alerts Police to Tweets by Coinbase and Kraken Advocating Non-Custodial Wallets
Canadian Regulator Alerts Police to Tweets by Coinbase and Kraken Advocating Non-Custodial Wallets Canada’s securities regulator has flagged tweets by Coinbase CEO Brian Arm
Bitcoin, Ethereum Technical Analysis: ETH Finds Temporary Support, After Hitting 3-Week Low
Bitcoin, Ethereum Technical Analysis: ETH Finds Temporary Support, After Hitting 3-Week Low Ethereum found support on Tuesday, following a drop to a three-week low earlier in today
Arkham transfers $487M ARKMs to Coinbase Prime for tax compliance
Amaka Nwaokocha14 hours agoArkham transfers $487M ARKMs to Coinbase Prime for tax complianceAs the unlocking process progresses, Coinbase Custody will play a crucial role in managing the vesting of these tokens.4429 Tota
Germany’s largest federal bank to offer crypto custody services: Report
Zoltan Vardai34 minutes agoGermany’s largest federal bank to offer crypto custody services: ReportThe Landesbank Baden-Württemberg will start offering crypto custody services to institutional clients starting from the
DueDEX is Paving the Way, Launching Fee-Free LINK/USDT Futures Trading
DueDEX is Paving the Way, Launching Fee-Free LINK/USDT Futures Trading1th October 2020, Belize City, Belize:With new exchanges cropping up, trading becoming ever-more popular, and t
The First of Its Kind Metachain Project, ShuttleOne Joins Tezos Protocol
The First of Its Kind Metachain Project, ShuttleOne Joins Tezos Protocol press release PRESS RELEASE. ShuttleOne, the latest project to embrace Tezos, to soon drive adoption and liq