Cryptocurrency lender Nexo says it signed an indicative term sheet with competitor Vauld for a potential acquisition.
Crypto
Crypto exchange FTX is close to acquiring crypto lender BlockFi, CNBC reported this week. One source told CNBC that FTX was expected to pay $25...
Only five U.S.-based startups raised six-figure rounds and none even broke the $200 million mark. A year ago, it wasn’t uncommon for at least a trio...
So far in 2022, investors have poured a bit over $24 billion into Series B deals, per Crunchbase data. That’s higher than the full-year total for...
Despite a rocky couple of months for crypto, San Francisco-based FalconX locked up a $150 million Series D and more than doubled its valuation from...
Just weeks after announcing an $80 million Series B that valued the company at $2 billion, Hong Kong-based Babel Finance has frozen redemptions and...
Things are so bad in the crypto world right now that even when the industry gets a small taste of good news, it’s followed by a heaping spoonful of...
Cryptocurrency exchange Coinbase is laying off 18% of its employees. The layoffs will affect roughly 1,100 people at the company, which went public...
Bitcoin plummeted to hit its lowest mark since December 2020. As of early Monday morning the cryptocurrency was down more than 10%.
Even as global venture funding fell for the second consecutive month in 2022, 34 companies joined The Crunchbase Unicorn Board in May, raising a...
Even as U.S. venture funding falls from peak levels, things are still far from slow. Investors have poured more than $16 billion into Series A rounds...
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