How much exposure does BlockFi have to Sam Bankman-Fried failed enterprises? A lot, according to accidentally leaked financials.
Cryptocurrency exchange Luno fired 330 employees on Jan. 25, joining other DCG companies in cutting headcount.
Q4 2022 saw investment capital inflows of $2.3 billion, continuing the trend since April sparked by the collapse of Terra and subsequent fallout.
“DeFi has proven to be a resilient and reliable option for users in the face of the overarching CeFi collapse in 2022,” said Eric Chen, CEO of Injective Labs.
Like other blockchain developers, QuickNode is pivoting sharply into Web3 — a sector that has attracted keen venture capital interest.
The lack of recordkeeping of FTX coupled with “an auditor no one’s ever heard of” forces the CFTC to ask questions about the mindset of the institutional investors.
Brett Harrison departed FTX US roughly two months before FTX Group filed for bankruptcy, citing "cracks" in his relationship with SBF.
Due diligence has always been an issue in the venture capital space according to a VC executive, but crypto offers a solution: A public and immutable ledger.
The firm previously specialized in tokenizing equity and bond issuance for startups.