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Crypto Investments Shrunk nearly 25% to about $9.3B in H1

Crypto Investments Shrunk nearly 25% to about $9.3B in H1

Venture capital firms’ penetration of the crypto space has slowed, shrinking nearly 25% from a record $12.5 billion invested in the first half of last year to about $9.3 billion in the first six months of this year.

Venture Capital Firm MetaWeb Ventures to Establish $30M Venture Fund

Venture Capital Firm MetaWeb Ventures to Establish $30M Venture Fund

Venture capital firm MetaWeb Ventures has announced the launch of a $30 million venture fund to focus on decentralized social media, DeFi, gaming and decentralized autonomous organizations.

Decima Fund Secures 4.5 Billion Yen to Bolster Web3 Ventures in Japan

Decima Fund Secures 4.5 Billion Yen to Bolster Web3 Ventures in Japan

Decima Fund, a specialized Web3 venture fund, announces the successful closure of approximately 4.5 billion Yen in capital to support the global expansion of Japanese Web3 ventures.

Former a16z Partner Katie Haun's Crypto VC Fund Raises $1.5 Billion

Former a16z Partner Katie Haun's Crypto VC Fund Raises $1.5 Billion

Former federal prosecutor Katie Haun’s crypto venture capital fund has raised $1.5 billion to invest in crypto-related startups.

Brock Pierce Served for Securities Fraud in Connection with His Blockchain Company Block.one During Electoral Campaign

Brock Pierce Served for Securities Fraud in Connection with His Blockchain Company Block.one During Electoral Campaign

Presidential hopeful Brock Pierce was served a court summons during his electoral rally at his new headquarters in New York City today.

Grayscale Investments Parent Company DCG Invests $100 Million Into Bitcoin Mining

Grayscale Investments Parent Company DCG Invests $100 Million Into Bitcoin Mining

Grayscale parent company DCG has announced its entry into Bitcoin mining.

WalletConnect Pulls $11M in Venture Capital Funding

WalletConnect Pulls $11M in Venture Capital Funding

Digital Currency infrastructure services provider, WalletConnect has raised the sum of $11 million in a Series A funding round from venture capital investors.

Alexis Ohanian bought 50000 ETH

Alexis Ohanian bought 50000 ETH

Ohanian founded 776 Venture Capital using his early ETH and Coinbase investments.

Solana (SOL) Foundation Entrusts Hackathons and Accelerator Programs to Colosseum

Solana (SOL) Foundation Entrusts Hackathons and Accelerator Programs to Colosseum

The Solana Foundation is transferring management of its hackathons and accelerator programs to Colosseum, aiming to enhance the Solana ecosystem with substantial funding and developer support.

Former Sequoia Partner Michelle Fradin, Involved in FTX Investment, Joins OpenAI

Former Sequoia Partner Michelle Fradin, Involved in FTX Investment, Joins OpenAI

Michelle Fradin, former Sequoia Capital executive, joins OpenAI to lead data efforts, specializing in venture capital and AI, focusing on FTX investment and large language model integration.

Injective Launches $150 Million Ecosystem

Injective Launches $150 Million Ecosystem

Injective, a layer-1 blockchain technology, is funding Cosmos network developers with $150 million. Pantera Capital, Kraken Ventures, Jump Crypto, and Gate Labs support the fund.

Cake DeFi Floats $100M Venture Fund for Web3.0

Cake DeFi Floats $100M Venture Fund for Web3.0

Cake DeFi, a Singapore-based decentralized finance investment platform, has launched its new $100 million venture capital arm.

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