Multicoin Capital hit by FTX collapse, with 10% of its fund’s AUM stuck on the exchange

Multicoin Capital, one of the top crypto-focused venture capital firms, is significantly impacted by crypto exchange FTX’s collapse, a letter obtained by The Block shows. The letter, sent ...

VC deals during bull market lacked proper due diligence

VC deals were rushed and went ahead without proper due diligence during the last crypto bull market, said Amy Wu, head of ventures and commercial at FTX Ventures. This marks one of the key diffe...

Crypto execs gave more than $150,000 to Sen. Gillibrand in Q2

Sen. Kirsten Gillibrand (D-NY) raked in thousands from crypto executives including FTX CEO Sam Bankman-Fried and Gemini’s Cameron and Tyler Winklevoss, according to her latest fundraising report. Gill...