Crypto VCs made $2.6B worth of deals in the first quarter of 2023
Valuation trends in the report are mixed, with seed rounds up 33.3% and late-stage rounds up 209.2% compared with 2022; however, early-stage rounds are down 16.7%. Valuation trends in the report are mixed, with seed rounds up 33.3% and late-stage rounds up 209.2% compared with 2022; however, early-stage rounds are down 16.7%. Cointelegraph.com News
Lufthansa, Eurowings, other travel industry players push forward with Web3
After a new travel-focused blockchain hit the scene, major players in the industry are beginning to pivot to integrate Web3 technology. After a new travel-focused blockchain hit the scene, major players in the industry are beginning to pivot to integrate Web3 technology. Cointelegraph.com News
‘It’s going to get worse for banks’ — JPMorgan CEO on overregulation
JPMorgan CEO says the Fed should be less focused on adding more rules and regulations for banks and more on fixing the banking crisis. JPMorgan CEO says the Fed should be less focused on adding more rules and regulations for banks and more on fixing the banking crisis. Cointelegraph.com News
Lawsuit against FTX celebrity promoters gets backup from former exec
Daniel Friedberg, the former top compliance chief for FTX and FTX US, has provided a declaration that could support the lawsuit. Daniel Friedberg, the former top compliance chief for FTX and FTX US, has provided a declaration that could support the lawsuit. Cointelegraph.com News
Memecoins are like Powerball for crypto fans: Matrixport exec
For a lucky few, memecoins can provide a “path to wealth,” but for others, they’re simply a “risky gamble,” Matrixport’s Markus Thielen tells Cointelegraph. For a lucky few, memecoins can provide a “path to wealth,” but for others, they’re simply a “risky gamble,” Matrixport’s Markus Thielen tells Cointelegraph. Cointelegraph.com News
Binance.US seeking ways to cut Changpeng Zhao’s majority stake: Report
Changpeng Zhao is the crypto exchange’s founder, majority owner and chair. He is also the CEO and co-founder of the global crypto exchange, Binance. Changpeng Zhao is the crypto exchange’s founder, majority owner and chair. He is also the CEO and co-founder of the global crypto exchange, Binance. Cointelegraph.com News
US Chamber of Commerce slams SEC’s ‘haphazard’ regulation efforts
The largest business organization in the world has thrown its weight behind Coinbase in its fight against the SEC. The largest business organization in the world has thrown its weight behind Coinbase in its fight against the SEC. Cointelegraph.com News
Silvergate begins NYSE delisting process as it readies to cut 230 staff
The parent company of the defunct Silvergate Bank disclosed significant staff cuts and the delisting of its securities in an SEC filing. The parent company of the defunct Silvergate Bank disclosed significant staff cuts and the delisting of its securities in an SEC filing. Cointelegraph.com News
Big breath as Beacon Chain stops finalizing… and then recovers
The Ethereum mainnet briefly stopped finalizing transactions but recovered after 25 minutes. The Ethereum mainnet briefly stopped finalizing transactions but recovered after 25 minutes. Cointelegraph.com News
Pepe would be ashamed by PEPE investors
Memes come and go, but greed, harassment and “community” are stalwarts of the crypto industry. Memes come and go, but greed, harassment and “community” are stalwarts of the crypto industry. Cointelegraph.com News