Just like April, May saw only a half dozen firms invest in 10 or more announced deals—down from May 2021. We take a closer look at the most active...
Fintech & e-commerce
A former product manager at an NFT marketplace has been charged with wire fraud and money laundering in the first insider trading case involving non...
Last month, 34 new unicorn companies joined The Crunchbase Unicorn Board, collectively adding $57 billion in value and $8.3 billion in equity funding...
Fidelity Investments has cut its valuations for some of the largest tech unicorns in the world, the latest sign of distress in the private markets.
Even as the original Luna cryptocurrency trades at well below 1 cent, backers of the Terra blockchain have launched “Luna 2.0”—to a somewhat mixed...
While the public market has just recently flirted with a bear market, crypto investors know all about it.
Redwood City-based Instacart is slowing down hiring to focus on profitability ahead of going public, Bloomberg reported this week.
Bolt plans to eliminate about 250 employees—about one-third of its workforce—according to reports.
Even as more signs mount to a funding shortfall for startups, large rounds are still out there to be had from investors. This week saw three rounds...
Jakarta-based Xendit, a payments infrastructure company operating in Indonesia and the Philippines, has raised a $300 million Series D led by New...
As TerraUSD kicks around 10 cents, it’s fair to wonder how a so-called “stablecoin” could lose 90 percent of its value in just days.
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