VC funding into Web3 startups down 82% year-over-year: Crunchbase
Crunchbase noted that while it has been a bearish start for Web3 startup funding in 2023, “venture funding is down in almost every sector.”
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Crunchbase noted that while it has been a bearish start for Web3 startup funding in 2023, “venture funding is down in almost every sector.”
Why this matters
This blockchain story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Balancer Proposes $9M Treasury Wind-Down After V3 Fails to Restore DeFi Revenue Growth
Key Takeaways: Marcus Hardt, CEO of Balancer, suggested an orderly winddown given the lack of revenue generation from the restruct...
A DeFi giant that once held $3 billion is now proposing to wind itself down
DeFi platform Balancer is proposing an orderly shutdown after a cost-cutting overhaul failed to revive revenue following last year...
Bitcoin (BTC) Price Today: Whale Selling and ETF Outflows Put $76K Support to the Test
The Bitcoin price remains within a broader range, however, with technical support between $76,000 and $77,500 continuing to attrac...
DeFi stalwart Balancer mulls shutdown after $130M hack
Once a household name in the DeFi sector, decentralized exchange Balancer is considering calling it quits. In a proposal posted to...
Swiss Bitcoin Pay Shuts Down Servers After Data Breach
Bitcoin Magazine Swiss Bitcoin Pay Shuts Down Servers After Data Breach Another day, another data breach. Swiss Bitcoin Pay, a non...
India’s tokenized bond pilot starts with institutions, with retail access planned next
India’s securities regulator has launched a pilot that places corporate bonds and their cash settlement on linked digital rails, m...