July saw over $507 million in funding while August had $842 million – a 66% month-over-month increase, according to The Block Research.
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The Blockchain Association launched a new political action committee aimed at promoting pro-crypto candidates.
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Crypto data infrastructure platform Goldsky has announced a $20 million seed round led by Felicis and Dragonfly Capital.
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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 consistent months in dollar terms and deal amount
- Investment in Infrastructure hasn’t slowed down, and the category had its highest concentration of seed deals (22%) since Jan 2021
The move comes following a considerable period of growth for GameStop in its crypto offerings.
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Cathie Wood’s ARK Invest has seen its big bets on cryptocurrency and tech sour over the past year, but that’s not deterring the asset manager from doubling down on risky assets. The firm, which had $16.9 billion in assets under management as of their last quarterly 13-F filing, recently promoted its director of research Brett […]
The post ARK Invest’s new chief futurist sees ‘unprecedented’ asset value appreciation: Exclusive appeared first on The Block.
Stone Ridge Asset Management is set to shutter its bitcoin fund from October, a little under 3 years after filing to launch the fund.
The post Multi-billion dollar asset manager Stone Ridge files to liquidate bitcoin strategy fund appeared first on The Block.
The announcement is likely to feature in much of Starbucks’ investor presentation, which is due to take place on Tuesday.
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Pantera Capital, a cryptocurrency hedge fund, led a $4.5 million investment that valued Near wallet Sender at $45 million.
The post Pantera Capital leads $4.5 milllion round for NEAR-based wallet Sender appeared first on The Block.
Going into The Merge, miners are cautiously optimistic that there will be opportunities for mining beyond Ethereum.
The post What’s left for Ethereum GPU miners after The Merge? appeared first on The Block.
