Thursday, April 3, 2025
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DeFi Lending Attracts VC Backing Despite Sharp Drop in Crypto Fundraising

A report published by venture capital research firm, Ana.vc, has revealed a 57% decline in crypto funding from VCs over the month of April.Despite the decline in overall investment, the decentralized lending sector appears to still be flourishing — raising 150% of its March total.Crypto fundraising plummets during AprilThe report

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Aussie Crypto Unicorn Raises $160M With ‘Big Four’ Bank Backing

Australian fintech unicorn and RippleNet member, Airwallex, raised $160 million in a fundraising round led by the investment arms of Australian ‘big four’ bank, ANZ, and San Francisco-based cloud software company, Salesforce.Existing investors Tencent, Sequoia Capital China, DST Global, and Horizons Ventures also participated in the round — bringing

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‘Extremely Dangerous’ — Bobby Lee Regrets Backing Bitcoin SegWit2x

Bitcoin’s (BTC) failed hard fork attempt from 2017, SegWit2x, was “extremely dangerous and irresponsible,” says a CEO who was formerly one of its biggest supporters.In a series of tweets on Nov. 16, Bobby Lee admitted he was wrong to tout the long-dead Bitcoin scaling solution.Lee: “Bitcoin is the real

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