August Blockchain Funding Recap

September 12, 2022, 12:45PM EDT • 10 min read Quick Take Last month slightly more than $1.8 billion was allocated across 143 venture deals Venture funding in the blockchain sector has fallen for five ...

Bolt backs off $1.5 billion Wyre deal: Axios

One-click checkout company Bolt backed out of a $1.5 billion dollar acquisition of crypto payment provider Wyre, Axios first reported. When it was announced, it was one of the largest non-SPAC crypto ...

VC firm Bloccelerate aims to raise $100 million for new fund

Bloccelerate aims to raise $100 million for its new investment fund, the venture capital firm said in a new filing with the Securities and Exchange Commission. The Seattle-based VC raised $20 million ...

July Blockchain Funding Recap

August 15, 2022, 10:00AM EDT • 11 min read Quick Take Last month slightly more than $2 billion was allocated across 192 funding deals. Venture funding in dollar amounts for the sector has declined for...

Lines web3 messaging platform raises $4 million seed round 

Lines, a new crypto messaging platform, has raised $4 million in a seed round led by former Twitter VP Elad Gil, according to its co-founder Sahil Handa. “There is a rapidly increasing number of peopl...

Binance scales back investment in Axie Infinity developer’s post-hack fundraise

Binance has significantly reduced the size of its investment in Axie Infinity developer Sky Mavis. In April, days after North Korean hackers stole $540 million in crypto from the sidechain that suppor...

Q2′ 22 Blockchain Private Funding and M&A Recap

July 13, 2022, 4:27PM EDT • 17 min read Quick Take Venture funding in the blockchain sector declined roughly 22% from $12.5 billion to $9.8 billion. Prior to this drop, investment in the industry had ...