What Are VCs Funding After FTX? More Decentralized Infrastructure
Infrastructure projects and regulatory-resistant protocols have attracted cautious investors. Source
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VCs
Sequoia Capital, Paradigm among VCs facing “tricky” FTX investor lawsuit
Users of bankrupt crypto exchange FTX have reportedly taken aim at financiers who promoted the platform suggesting their efforts added an “air of legitimacy” to the now-defunct exchange, a case labeled as "tricky" by a crypto lawyer.A Feb. 15 Bloomberg report revealed a class-action suit filed Feb. 14 by FTX
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FTX VCs liable to ‘serious questions’ around due diligence — CFTC Commissioner
Amid ongoing investigations around the defunct crypto exchange FTX, the Commodity Futures Trading Commission (CFTC) questions the due diligence conducted by institutional investors and their accountability regarding the loss of users’ funds.CFTC Commissioner Christy Goldsmith Romero stated that VCs that had to write down their investments in millions of dollars
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North Korean hackers are pretending to be crypto VCs in new phishing scheme: Kaspersky
BlueNoroff, part of the North Korean state-sponsored Lazarus Group, has renewed its targeting of venture capital firms, crypto startups and banks. Cybersecurity lab Kaspersky reported that the group has shown a spike in activity after a lull for most of the year and it is testing new delivery methods for
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VCs pour $14.2B into crypto in H1 2022, but investments now slowing
Venture capital firms poured $14.2 billion into crypto across 725 deals in the first half of 2022, but big four accounting firm KPMG predicts investments will likely slow for the remainder of the year. According to a newly released KPMG report on Sept. 6, the largest investments in H1 2022 came from German-based
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Wealth managers and VCs are helping drive institutional crypto adoption — Wave Financial execs
Two executives at Wave Financial, an asset management firm providing bespoke strategies to high-net-worth individuals and entities, have reported seeing increased institutional demand for crypto products amid the bear market.Speaking to Cointelegraph at the Blockchain Futurist Conference in Toronto on Wednesday, Wave Financial’s head of business development Mike Jones said
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Jason Calacanis Is Right About ‘Grifting’ Crypto VCs (but Confused)
Now, Jason is not Chamath. Mere association doesn't mean Calacanis bears responsibility for his colleagues’ potentially fraudulent activity (former PayPal exec David Sachs, also a cohost of Calacanis’ “All In” podcast, was also a backroom SOL buyer). Calacanis is also largely right in saying that a vast number of crypto
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The risks and benefits of VCs for crypto communities – Cointelegraph Magazine
Traditional venture capital funds drive valuations through multiple funding rounds. Startups aim for initial public offerings or other exits. Then the sharemarket decides upon a more realistic valuation. But in cryptoland, tokens introduce market capitalization while a company is being built.This means there are a lot of competing interests and agendas.
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First Mover Asia: Terra's Difficult Post-Collapse Path: VCs Backing Away, Regulators Jumping on Stablecoins
Some investors see salvageable pieces while others are bemoaning their involvement and want to forget the protocol ever existed; bitcoin gains. Original Source
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How to incorporate a DAO and issue tokens to be ready to raise money from VCs
What is a DAO?A DAO, or decentralized autonomous organization, is an online-based organization that exists and operates with no single leader or governing body. DAOs are run by code written on a blockchain like Ethereum (ETH) and are owned and operated by the people who use them.There are many different
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